The Invictus Gold EA is an automated trading robot designed specifically for the XAUUSD (GOLD) pair, tapping into the high liquidity and trading frequency of the gold market. This EA leverages unique strategies to maximize trading opportunities in gold, making it a specialized tool for traders seeking targeted, efficient trades.
Key Features of Invictus Gold EA
Bollinger Bands Strategy
At the core of the Invictus Gold EA’s algorithm is the Bollinger Bands indicator. A time-tested tool in technical analysis, Bollinger Bands help pinpoint overbought and oversold conditions in the market. By basing its trades on this indicator, Invictus Gold EA aligns its strategy with a foundation rooted in decades of market research and analysis.
Behavioral Factor Filter
What sets this EA apart is its integration of a behavioral factor filter, which examines market psychology to enhance decision-making. Rather than relying solely on technical signals, the EA analyzes market depth to identify strong behavioral patterns. This approach helps it filter out false entry points, increasing the probability of successful trades.
Invictus Gold EA Risk Management
Safety is a priority for Invictus Gold EA, as it steers clear of high-risk money management techniques such as martingale, arbitrage, grid, and hedging. Each trade is safeguarded by a hard stop loss and take profit level, ensuring the protection of capital. The EA also incorporates measures to mitigate the effects of spread widening or slippage, helping ensure trades are executed under optimal conditions.
Recommendations for Using Invictus Gold EA
Minimum Account Balance: $100.
Preferred Trading Pair: XAUUSD (Gold), though it can be adapted to other currency pairs if desired.
Optimal Timeframe: Performs best on H1, though adaptable to any timeframe.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness