Description
FATBot Autotrade EA v3.4 is an Expert Advisor designed for MetaTrader 5. It focuses on automated trading of XAUUSD (Gold) and aims to reduce the need for constant manual chart monitoring by executing trades according to its programmed rules.
Key Features
- Platform: MetaTrader 5
- Instrument: XAUUSD (Gold)
- Timeframe: H1
- Fully automated execution once enabled
- Suggested minimum deposit: approximately $1,000
- Brokers mentioned in distribution materials: RoboForex and Exness
Recommended Setting
Pair: XAUUSD
Timeframe: H1
Always start with conservative risk parameters on a demo account. Exact input values such as lot size, stop loss, and take profit should be verified directly from the EA settings or provider materials before live use.
Advantages
- Removes the need for continuous screen time on gold charts
- Provides consistent rule-based execution
- Can run 24/5 on a VPS for uninterrupted operation
- Allows systematic demo and forward testing before risking live capital
Disadvantages
- Strategy logic and detailed risk parameters are not publicly documented
- Performance depends heavily on broker execution, spreads, and slippage
- Incorrect settings can lead to significant drawdown
- No independently verified long-term live results are widely available
- Requires proper VPS and monitoring for reliable operation
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.
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