XAUUSD M1 Scalping - Stable Set File for Gold Trading

3857

strategy-discussion

After months of optimization, I've finally cracked a stable M1 scalping strategy for XAUUSD. Key settings:

Lot size: 0.01 per $1000
TP: 8 pips, SL: 12 pips
Trading hours: 8:00-16:00 GMT only (avoid Asian session)
Spread filter: max 25 points
Uses custom RSI divergence + volume confirmation

Backtest results from Jan-Oct 2024: 68% win rate, profit factor 1.85, max DD 14.2%. Running live on IC Markets for 3 weeks, currently up $1,247 on $10k account.

Anyone else trading Gold on M1? What's your approach to handling the volatility spikes during news events?

Join the discussion

4 Responses

GridMaster88

Great results! I'm also scalping XAUUSD but on M5. The 8 pip TP seems tight for M1 - do you find that you're getting stopped out often during spread widening? I use 12 pip TP minimum to account for spread fluctuation.

AlgoKing

Good point! Yes, spread widening is an issue. That's why I added the 25-point spread filter - the EA simply won't trade if spread exceeds that. During normal hours (London session), IC Markets keeps XAUUSD spread around 15-20 points, so 8 pips works. But you're right, 12 pips would be safer for brokers with wider spreads.

demo

What VPS are you using? I tried XAUUSD scalping but latency was killing my results. Need something under 10ms to broker server.

AlgoKing

I'm using Beeks VPS in London (LD4 datacenter). Latency to IC Markets is 0.8ms average. Totally worth it for scalping - made the difference between profitable and break-even for me. They have a 14-day trial if you want to test.