One of the popular methods used in Forex trading to limit risk is Single Shot strategy. This method is the opposite of “All in”. EA single shot by FXCE Giga is considered one of the most effective EA strategies for those who prefer safety. If you want to trade EA by this EA, read the article below!

May you want to read:

1. Create EA DCA by FXCE Giga

2. Top 5 ways to generate income at home from the FXCE ecosystem

3. Configure EA With FXCE Giga, Get All big Tournaments At Arena

4. Multiple opportunities when trading EA by FXCE Giga

5. Trading easily with free EA Forex by FXCE Giga

 

What is a Single Shot strategy?

Single shot Forex is a Forex trading method in which you enter orders one by one according to the signal and hold them until they close. This method is commonly used for trading on short timeframes. If you do it right, it can be quite profitable.

In addition, this strategy can help you manage funds better because it is a measure to avoid going "all in". This is one of the serious causes of burning accounts. Controlling emotions is one of the keys to success in the trading journey.

However, not everyone knows how to balance their emotions with market volatility. It’s time you needed the assistance of EA. Trading orders one by one will be the right trading method for those who prefer more safety. EA single shot by FXCE Giga is a good EA system for capital management.

Benefits of EA single shot by FXCE Giga

This strategy helps minimize risks and profits. In addition, using EA single shot by FXCE Giga you will not fall into the trap of loss. Not only that, the EA single shot by FXCE Giga is also a way to avoid overtrading. However, the application of this strategy needs to be done carefully and requires in-depth knowledge of the forex market.

In particular, EA single shot by FXCE Giga also helps you better manage capital when you can set up available terms in just a few minutes. Moreover, even if you have no coding knowledge, you can still configure your own EA. Learn how to create an EA single shot by FXCE Giga below.

How to configure single shot EA using FXCE Giga

How to download FXCE Giga

Download FXCE Giga latest version here.

To install FXCE Giga into MT5, copy the FXCEGiga.ex5 file into the /MQL5/Experts/ folder

See details on how to install EAs or Indicators into MT5: FXCE: EA | Lesson 1.1: Download - Install - Launch GigaFactory

To download MetaTrader 5, please visit the link: https://www.fxce.com/page-platform

Create EA single shot by FXCE Giga

How to create EA using FXCE Giga in a simple way? Follow the steps below, you will set up the EA easily:

1. Insert your Indicators into the current chart.

2. Insert the EA from FXCE Giga in the same chart as the Indicators you added.

3. Create your new EA system in FXCE Giga by entering the EA Name (e.g. XYZ) or use the File > New menu to create a new trading system.

4. Set your entry conditions in the Buy/Sell tab.

5. Set the conditions for calculating volume and Stop Loss/Take Profit in the Volume tab.

6. Set the closing conditions in the Close tab.

7. Click Save to save the config.

8. Then, for the EA to work, simply change the EA's status from Deactivated to Activated by clicking the Deactivated button.

=> Watch a video tutorial:  Tutorial set up an EA FXCE Giga

Courses to create EA single shot by FXCE Giga

In order to make everyone able to use FXCE Giga, we have designed a completely free tutorial program. After completing all the parts of the course, you can set up your own EA system that suits your trading plan.

Instructional Materials

The following lessons are provided in the form of articles along with detailed video tutorials. You can save them for practice.

Detailed Training Program available here.

Online Training Program

In this course, you will learn how to set up your EA by FXCE Giga, from basic steps to backtesting. Many traders have successfully configured EAs and traded consistently in real market conditions.

Course Schedule: 20:00 (Monday to Friday) and 15:00 (Saturday)

Method: 1-on-1 sessions via Google Meet

Register here. 

Featured EA single shot by FXCE Giga

If you want to consult a trading strategy or experience EA single shot by FXCE Giga, then check out the featured EAs below. These EAs were all backtested and gained pretty good results.

BomIT - V1 - Price Action Trading with Koala Trend Line

EA Trading - BomIT - V1 - by Kim Đinh Bien

BomIT-V1 is configured on FXCE Giga by member Kim Dinh Bien (Telegram: @bomit) of FXCE EA community based on Koala Trend Line indicator on MQL5 forum. This is the result of the Koala Trend Line's ability to determine the dip or rip as well as the unlimited combinations of all FXCE Giga indicators.

Backtest results

BomIT-V1 has backtested under the following conditions:

• Time Frame: M15

• Backtest period: 01/01/2020 - 11/21/2022

• Symbol: USDJPY

• Balance: $10,000

Detailed backtest results here .

HTV-BMA68 - Using Bollinger Bands, MA, ParabolicSAR, RSI in trading XAUUSD

EA trading - HTV-BMA68 - by Hoang Tram Vo 

HTV-BMA68 is configured on FXCE Giga by member Hoang Tram Vo (Telegram: @wind1239) of the FXCE - EA community with the goal of Single Shot XAUUSD on the M30 timeframe.

Trading signals need to be satisfied many different indicators such as Bollinger Bands, EMA, Parabolic SAR and RSI. This provides high accuracy for trend trading.

In addition, the ratio R:R = 1:9 and Trailing Stop helps to preserve profits and minimize losses.

The EA has a forward test on FXCE Social Trading Platform, users can track it here.

Backtest results

The EA backtested under the following conditions:

• Time Frame: M30

• Backtest period: 01/01/2020 - 01/12/2022

• Symbol: XAUUSD

• Balance: $10.000

Detailed backtest results here.

ARNF-GOLD-M15 - Single Shot XAUUSD according to CCI and HULL

EA Trading - ARNF-GOLD-M15 - by Ngo Anh Tuan

ARNF-GOLD-M15 is a typical XAUUSD trading EA single shot by FXCE Giga created by member Ngo Anh Tuan (Telegram: @ngotuan81) of  EA FXCE community.

The EA trades when the market is in an overbought/oversold zone as determined by the CCI indicator. Entry point depends on the position of the closing price relative to the Hull indicator.

ANFA-GOLD-M15 has started Forward Test, you can follow trading results on FXCE Social Trading Platform here.

Backtest results

The EA backtested under the following conditions:

• Time Frame: M15

• Backtest period: 01/01/2021 - 25/12/2022

• Symbol: XAUUSD

• Balance: $10.000

See detailed backtest results here .

A3C-XAUUSD-1S - Trending gold trading signal from three sets of LCCM candles

EA Trading - ARNF-GOLD-M15 - by Le Thanh Cong 

The A3C-XAUUSD-1S is one of featured EA single shot by FXCE Giga. It is configured by Le Thanh Cong (Telegram: @LTCong) of the FXCE EA community through the Giga Collection program.

The EA aims to trade gold in the trend on M15 timframe with separate entry conditions for each case, corresponding to three sets of LCCM candles including C7CB, C7TT and C7SS. In addition, the price gap and candle characteristics are also considered to increase the accuracy of each order.

A3C-XAUUSD-1S has been Forward Tested on FXCE STP, users can track it here.

You can also see more EA single shots by FXCE Giga here. 

Conclude

Through this article, we hope you have gained a useful trading strategy with EA single shot by FXCE Giga. In addition to this trading method, you can find more EAs with multiple strategies at www.ea.fxce.com. Good luck with your trading!

• Join to discuss with the FXCE community: https://t.me/fxceSTP_VN  

• Contact for support in configuring EA single shot by FXCE Giga: https://t.me/fxceSTP_VN/314264