Introduction
Goblin Gold Scalper – a trading robot that's been hitting the conversation boards lately. With a user rating of 3.67 and mixed feedback, it’s time for a deep dive. Let’s cut through the fluff and get to the nuts and bolts of this EA.Description of Features
This robot promises to thrive during market breakouts. It employs a scalping strategy designed to capture short-term price movements with high frequency. The features touted include:- Breakout detection
- High-frequency trading
- Adjustable settings to tailor trading preferences
Sounds like a dream, right? Hold your applause.
Performance Analysis Over the Last Year
The mixed reviews beg for scrutiny. Users like haikal345 claim it works well during breakouts, which is encouraging, albeit vague. Meanwhile, chankuiu-hotmail points out a fatal flaw – great in backtesting, disastrous in live trading. Seeing a loss of 60% on the first live trade is a red flag, to put it mildly.samfxgrow praises the support team, but since when do friendly replies make us money? The evidence on live account performance remains contradictory.
Looking at the detailed statistics on this page, while the annual return appears substantial, the drawdowns and inconsistencies paint a different picture. The robot seems to excel only in specific market conditions.
Pros and Cons
Pros:- Effective during market breakouts
- High customization options
- Active support team
Cons:
- Poor live trading performance
- High drawdowns
- Risk of significant loss on initial trades
Source Code of Goblin Gold Scalper
Now, let’s clear the air about the source code. The original code for Goblin Gold Scalper is not something we have access to. However, we can construct an MQL5 script based on its description from the MQL5 marketplace. This entails a bit of guesswork, but it's feasible. If you are interested, head over to easytradingforum.com for an example code.
Code:
You don't have permission to view the code content. Log in or register now.Download Goblin Gold Scalper – Is It Worth It?
So, should you take the plunge and download Goblin Gold Scalper? With a rating of 3.67 and reviews that swing from high praise to utter disappointment, approach with caution. If you have questions about the code or need further clarifications, feel free to ask. Remember, this example is constructed from the robot's public description on MQL5. Team EASY Trading does not sell Goblin Gold Scalper; our code is purely illustrative.Got experiences or insights about Goblin Gold Scalper? Join the forum discussion and share your results. Let’s see if you can tip the scales in favor of this bot, or prove the skeptics right.
