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This Swing EA is a fully automated Gold Forex EA designed specifically for trading gold (XAUUSD). This article dives into the intricacies of this EA, examining how it operates, its strategies, and its potential benefits and drawbacks.

The Swing Gold Forex EA is a specialized trading robot designed to capitalize on the market when it is flat, which happens to be the case 80-90% of the time. This specificity means that its performance might vary during periods of high volatility markets. This Swing EA is specifically optimized for trading the XAUUSD pair, commonly known as gold. Its core strategy revolves around swing trading, a technique that attempts to capture gains in a stock (or in this case, gold) within an overnight hold to several weeks.

How Does Gold Forex EA Work?

At its heart, the Gold Forex EA employs a trend scalping strategy. This means it aims to make a profit from small price changes, typically after a trade is executed and becomes profitable. It utilizes a proprietary indicator as its signal for initiating trades. Here’s the process simplified:

  1. Initial Trade: The EA opens its first order based on the indicator’s signal. A Take Profit (TP) level is set where the trade is expected to close for a profit.
  2. Averaging Down: If the price fails to hit the TP and starts to reverse, the EA doesn’t close the trade at a loss. Instead, it opens an additional order, averaging the total TP level and bringing it closer to the current price.
  3. Risk Management: This strategy of opening additional orders can lead to a drawdown, which could temporarily reduce the account balance until the trade closes profitably.
  4. Manual Trading Integration: An interesting feature of this Swing EA is its trading panel, which allows traders to manually open orders. The EA then manages These manually opened orders as part of its trading series, aiming for a collective TP.

Potential Benefits and Drawbacks

The primary benefit of the Gold Forex EA lies in its automation and strategic averaging to mitigate losses. Its ability to integrate manual trades into its system also offers the user a level of flexibility and control, blending automated and manual trading strategies effectively.

However, the strategy of opening additional orders to average the TP level can lead to drawdowns, particularly in a highly volatile market. This requires careful risk management and monitoring to ensure that potential drawdowns do not erode the trading capital significantly.

Please test in a demo account first for at least a week. Also, please familiarize yourself and understand how this Gold Forex Robot works, then only use it in a real account.

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Recommendations for this Swing EA

  • Minimum account balance of 2000$ or equivalent cent account.
  • EA is specially made to work on XAUUSD. (Work on any currency pair)
  • It works best on M15. (Work on any TimeFrame)
  • News Filter cannot be backtested, making back-testing results inaccurate. News Filter removes bad trades to limit Drawdown.
  • This Swing EA should work on VPS continuously to reach stable results. So we recommend running this MT4 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS –
  • Low Spread and Slippage account is Recommended (Find the Perfect Broker For You Here)

Use Any EA or Trading Robot
1ms Latency to Your Broker
MT4 / MT5 Pre-installed

35% Discount!

Low Spreads
ECN Account
No Commission

No Minimum Deposit


Min Deposit of 50$
Allow USA Traders
Levergae up to 1:2000

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Open Tools –> Options –> Expert Advisors. Check the option “Allow WebRequests for listed URL” Add the following: ““, “” and press “OK.” The EA takes news from the specified websites.

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The Swing Gold Forex EA offers an innovative approach to trading the XAUUSD pair, especially in flat market conditions. Its blend of swing and trend scalping strategies and the ability to manage manual and automated orders makes it a potentially powerful tool in a trader’s arsenal. However, as with any trading strategy or EA, it’s essential to understand the inherent risks and conduct thorough backtesting and demo trading before committing to live trading. This Swing EA represents a step forward in the automation of forex trading, but its success ultimately depends on strategic implementation and risk management.

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