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Frequently Asked Questions about Gold EA
Gold's high volatility and predictable reactions to economic news make it ideal for EAs. XAUUSD often moves 200-500 pips daily, providing ample profit opportunities for well-designed robots.
Start with 0.01 lots per $1,000 balance. Gold has wider spreads and larger pip values than forex pairs, so conservative lot sizing protects against sudden reversals.
M1 and M5 timeframes work best for gold scalping. Higher timeframes (H1, H4) are better for swing trading and trend-following gold EAs.
Most gold EAs include news filters to pause trading during FOMC, NFP, and CPI releases. Check each EA's settings for news filter configuration.
Yes, we recommend running gold EAs on a VPS for 24/5 operation. Low-latency VPS near your broker's server improves execution quality for scalping EAs.