
Smart Golden Wolf Scalper is an MT5 expert advisor that places BuyStop and SellStop orders on EURUSD and USDJPY, using intra-bar logic on H1 and H2. Every order carries a protective stop, and a single chart controls all enabled pairs.
Get one message the moment it launches, with its price.
Smart Golden Wolf Scalper is an MT5 expert advisor for short-term breakout trading on EURUSD and USDJPY. It works on the H1 and H2 timeframes and enters the market with pending stop orders rather than market orders.
The EA studies price movement inside the current bar and applies several filters before it decides that a signal is worth acting on. When conditions are met it places a BuyStop or SellStop order, so a position is opened only if price actually moves through the chosen level. Each order is sent with a protective stop loss. Two entry methods, Strategy Breakout and Strategy Smart Breakout, can be switched on or off separately.
According to the product description, the EA does not use martingale or lot-increasing grid methods. Position size is either fixed or tied to account balance, depending on your choice.
The exact default values are not listed here, so check them in the inputs window after loading the EA. The main groups are:
| Group | Purpose |
|---|---|
| Symbols and prefix/suffix | Turn each pair on or off and match your broker's symbol naming |
| Magic_Start / Magic_Finish | Range of IDs used to tag the EA's trades |
| Use_Risk_MM, Percentage_Risk, Fixed_Lot | Choose balance-based sizing or a fixed lot |
| Max spread and stop trade | Pause trading for a set time when the average spread is too wide |
| Spread adaptation | Adjust stop loss and lot size to the current spread |
| Weekdays and time of day | Choose trading days, GMT offset, daily start and end, and a Friday cut-off |
| Info panel options | Show or hide panels; hiding them speeds up backtests |
| Multi_Currency_BackTest | Lets the Strategy Tester handle several symbols at once |
Use the All Ticks modelling method, ideally with real tick data, on EURUSD and USDJPY at H1 and H2. Enable the multi-currency option if you want both pairs tested together.
Trading carries risk and you can lose part or all of your deposit. Past results, including backtests, do not predict future ones. Test on a demo account and only trade money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging accounts only) |
| Strategy focus | Scalping, Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Trade style | Scalping with pending breakout orders |
| Markets | EURUSD and USDJPY; other symbols need custom setup |
| Timeframes | H1 and H2 |
| Order types | BuyStop and SellStop with protective stop |
| Suggested balance | From about 50 USD on the recommended pairs, per product description |
| Other requirements | Low-spread broker, 5-digit quotes, VPS advised, leverage 1:100 or more |
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This listing is the MT5 build and runs only in MetaTrader 5. It needs an account in hedging mode. A netting account is not suitable. If you trade on MT4, look for the separate MT4 edition rather than trying to load this file.
Copy the expert advisor into the MQL5/Experts folder through File > Open Data Folder, restart the terminal or refresh the Navigator, then drag it onto one chart. Any of the working pairs and any timeframe will do, because trading on all enabled symbols is handled from that single chart. Make sure algorithmic trading is switched on.
The product is described as ready to run with default values, but you should still review them. Check the lot mode (fixed lot or balance-based risk), the maximum spread, the trading hours and your broker's symbol prefix or suffix. Test on a demo account first.
It is designed for EURUSD and USDJPY. The author describes a custom-symbol method for adding other instruments, but results on those pairs are not covered by the original design, so test carefully before using real money.
Low spreads, reliable execution, 5-digit or 3-digit quotes and a hedging account type. Because the system uses pending orders, wide spreads and slow execution can change the results noticeably. A VPS with low ping to the broker is recommended.
Yes, but give each expert advisor a different magic number range on the same account. This EA uses a start and finish magic setting for that purpose. Avoid overloading the computer, since the EA needs to process every tick.
EA Smart Golden Wolf Scalper MT5
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