No you cannot. Prop firms do not allow Martingale bots on both the challenge phase and live funded account.
Gold Trading Martingale Bot
What is a martingale bot?
A Martingale robot in Forex is a type of automated trading system that employs the Martingale strategy, which involves doubling the trade size after every loss with the aim of recovering previous losses and gaining a small profit upon a successful trade. This approach relies on the premise that a winning trade will eventually occur, thus compensating for all accumulated losses.
*The Martingale approach is often considered high-risk and requires careful management to avoid substantial drawdowns.
whY buy the gold martingale BOT?
This bot is super easy to use. You don't need to be a math wizard or a trading pro to get it working.
In markets that are ranging or oscillating within a certain range without a clear trend, the Martingale strategy can be particularly effective.
The idea of always being able to recover losses can be psychologically comforting to some traders. Knowing this bot has a plan to fix things can make you worry less about bad trades.
The strategy aims for incremental gains, which, over time and in the right market conditions, can accumulate to a substantial amount.
This bot sticks to its plan, no matter what, which means it doesn't get scared or greedy.
whY buy the martingale BOT?
This bot is super easy to use. You don't need to be a math wizard or a trading pro to get it working.
In markets that are ranging or oscillating within a certain range without a clear trend, the Martingale strategy can be particularly effective.
The idea of always being able to recover losses can be psychologically comforting to some traders. Knowing this bot has a plan to fix things can make you worry less about bad trades.
The strategy aims for incremental gains, which, over time and in the right market conditions, can accumulate to a substantial amount.
This bot sticks to its plan, no matter what, which means it doesn't get scared or greedy.
Frequently Asked Questions
Can I use it with Prop Firms?
Can I use it on live capital?
Yes, the Gold Martingale Bot is meant to be used on live capital only (your own money).
What pairs does it work on?
As the name suggests, only XAUUSD (Gold).
Can it blow my account?
There is always a chance of an account being blown when using any martingale bot. This particular bot sets daily goals in place that you decide in advance. Once the account reached it's target for the day it will not trade anymore for that day. Although this measure is an added risk protection, there is still always a chance at one point or another.
Is it easy to use?
Very easy to use! It comes with an installation PDF document and we also offer support if you're having issues. Once installed you simply load the preset and then turn it on and let it do it's thing!
How many accounts can I use it on?
You can use the Gold Martingale Bot on as many accounts as you'd like! Once you purchase, you'll have access to the bot for life!
Does it come with the necessary presets?
Yes the Gold Martingale Bot bot comes with 3 different presets for 3 different strategies.
Will it work on mobile?
No you would need a computer in order to run the bot as you would with any EA.
Do you accept Crypto?
Yes, if you would like to pay with crypto please email us at support@highlowscalper.com
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CRYPTO Pricing
High Low Scalper EA: $494 USD
HFT Bot: $744 USD
FTMO Bot: $1244 USD
GOLD Martingale Bot: $199.50 USD
To purchase, please send us an email at support@highlowscalper.com or message our team through live chat before you make the crypto transfer. Let us know which bot you are purchasing. Once you have sent the payment, send us a screenshot and we will email you the files for the bot.