
EA Legendary Scalper MT5 is a breakout expert advisor for MetaTrader 5, aimed mainly at XAUUSD on the M30 chart. It places pending orders at recent highs and lows, filters them by spread and tick volume, and manages exits with adaptive stops.
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EA Legendary Scalper MT5 is an automated breakout system for MetaTrader 5. It watches recent highs and lows, places pending orders beyond them, and applies several filters before and after entry. It is designed mainly for gold (XAUUSD) on the M30 chart.
The expert advisor looks back over a configurable number of bars to find the highest and lowest points of the recent range. These act as resistance and support. When conditions allow, it sets pending orders just beyond those levels so a move through them opens a trade.
The product is marketed as using an AI-based filter on top of the breakout logic. The model is not published in detail, so treat that claim with care and judge the EA by its behaviour in testing.
Stop loss, take profit, breakeven and trailing stop can be set in fixed points or made adaptive, scaled from recent bar ranges with a multiplier. The average spread can be added to these levels so costs are taken into account.
The suggested setup is XAUUSD on M30. BTCUSD and ETHUSD on M30 are also named as suitable, provided your broker offers them. The EA suits volatile instruments, and low spreads matter a great deal for a breakout strategy that enters at market extremes.
The inputs below are the main groups. Defaults and valid ranges are not listed here, so read them in the Inputs tab and test before going live.
| Group | Purpose |
|---|---|
| Magic, comment, slippage | Order identification and execution tolerance |
| Max spread, pause after high spread | Remove pending orders and pause trading when costs are high |
| Fixed lot, risk MM, percentage risk, custom balance | Choose a fixed size or size by percentage of risk |
| Bars and start bar for max/min | Define the range used for breakout levels |
| Adaptive stops, multiplier, bars back | Scale exits to recent volatility |
| Tick-volume levels | Block trading in unusually active conditions |
| Take profit, stop loss, breakeven, trailing | Manual exit distances |
| Daily profit and order limits | Stop trading for the rest of the day |
Trading carries risk, and you can lose some or all of your deposit. Past results, including any back-test, do not predict future ones. Breakout systems can suffer from slippage and wide spreads around news. Test on a demo account first and risk only what you can afford to lose.
A VPS with low latency to your broker is recommended. Avoid overloading the machine with other programs, because the EA needs to process every tick. If you run several EAs on one account, give each its own Magic Number.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 |
| Strategy focus | Gold or XAUUSD, Scalping, Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Strategy | Breakout with pending orders and filters |
| Main market | XAUUSD (gold) |
| Other suggested markets | BTCUSD and ETHUSD, if your broker offers them |
| Suggested timeframe | M30 |
| Broker needs | Low spreads; leverage from 1:100 to 1:500 suggested |
| Other requirements | Stable VPS or always-on terminal; one EA per account advised |
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This listing is for the MetaTrader 5 build only. It will not load in MT4. A separate MT4 edition exists, so check the store for it if you use that platform.
The suggested setup is XAUUSD on the M30 chart. BTCUSD and ETHUSD on M30 are also mentioned as targets. Symbol names differ between brokers, so confirm yours is available and that its contract specifications suit the EA before you run it live.
It is described as a breakout system that does not raise lot size after losses. Because behaviour can depend on your settings, run it in the Strategy Tester and on a demo account and watch how orders are opened and sized before using real money.
A small minimum balance and leverage between 1:100 and 1:500 are suggested, but a low spread matters more than either. Check the figures against your own risk limits and the symbol's lot size, and prefer an account type with tight gold spreads.
Yes, but give each EA a different Magic Number so they do not interfere with each other's orders. Running one EA per account and terminal is recommended so execution is not slowed down.
The developer provides set files for the suggested symbols through the product's MQL5 page. Load a set file through the Inputs tab, then check every value against your broker's conditions.
EA Legendary Scalper MT5
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