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Algonix Ultra Scalper EA is a MetaTrader 5 expert advisor for short-term trading, mainly on XAUUSD (gold) with M1 and M5 charts. It offers configurable lot size or risk percent, stop loss, take profit, spread limit and trading hours.
Get one message the moment it launches, with its price.
Algonix Ultra Scalper EA is an automated expert advisor for MetaTrader 5. It is aimed at short-term trading on gold (XAUUSD) and can be configured for selected Forex pairs. It places and manages orders on its own according to built-in logic, while you control position size, spread limits, trading hours and basic trade management through its inputs.
Once attached to a chart, the EA watches the market on that symbol and opens trades when its programmed conditions are met. Each trade uses the stop loss and take profit values you set. The product follows a scalping style, so it aims at short holding periods rather than long swings. The exact entry rules are part of the program's internal logic, so you should study its behaviour on a demo account before trusting it with real funds.
The main target is XAUUSD. Gold can move quickly during active sessions and around news releases, so spread and execution quality matter a great deal.
The main inputs are listed below. Default values and valid ranges can differ, so open the input tab after attaching the EA and read each field before you enable trading.
| Input | Purpose |
|---|---|
| LotSize | Trading volume used for orders |
| RiskPercent | Percentage used for risk-based position sizing |
| StopLoss | Protective exit level for a trade |
| TakeProfit | Target level for a trade |
| MaxSpread | Highest spread allowed when opening a new trade |
| TradingStartHour | Start of the trading session |
| TradingEndHour | End of the trading session |
| MagicNumber | Identifier for trades opened by this EA |
Spread on gold can widen at rollover and during news. Set MaxSpread with your own broker's typical values in mind, and remember that session hours follow broker server time, not your local clock.
Scalping on gold exposes an account to spread costs, slippage and fast price swings. A stop loss is a planned exit level, but it does not ensure execution at an exact price in all conditions. Choose a lot size or risk percent that you can afford, and consider a VPS so the EA keeps running without interruption.
Trading carries risk, and you can lose some or all of your capital. Past results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Gold or XAUUSD, Scalping |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Primary symbol | XAUUSD (gold); selected Forex pairs possible |
| Timeframes | M1 and M5 recommended |
| Trading style | Short-term scalping |
| Broker type | ECN or low-spread account suggested |
| Deposit | 200 USD or more suggested; confirm with your broker |
| Operation | VPS suggested for continuous running |
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It is made for MetaTrader 5 only. It will not load in MetaTrader 4, so make sure your broker offers an MT5 account before buying.
The recommended starting point is XAUUSD on the M1 or M5 chart. Other Forex pairs may be possible, but you should test them carefully on a demo account first, because spread and contract specifications differ between symbols and brokers.
A low-spread or ECN-style account is suggested, because a scalping approach is sensitive to spread, commission and execution speed. Check your broker's gold spreads, symbol name (some add a suffix) and server time before going live.
Use the TradingStartHour and TradingEndHour inputs. These are read against your broker's server time, which can differ from your local time, so check the server clock in Market Watch before choosing values.
Yes, but give each EA its own MagicNumber so the trades can be told apart. Also keep in mind that several EAs on one account share the same margin and drawdown.
No. Trading carries risk, you can lose part or all of your capital, and past results do not predict future ones. Test on a demo account and use position sizes you can afford.
Algonix Ultra Scalper EA
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