Available soon
Loading product…
Goblin Gold Scalper is an MT4 expert advisor that scalps gold (XAUUSD) on short timeframes, combining price action with basic indicators, a stop loss on every trade and a trailing stop.
Get one message the moment it launches, with its price.
Goblin Gold Scalper is an automated expert advisor for MetaTrader 4 that focuses on a single market: gold, quoted as XAUUSD. It looks for short-term opportunities on small timeframes, opens trades with a protective stop loss and manages them with a trailing stop.
The strategy is described by the developer as a mix of price action and basic indicators. In practice this means the EA reads recent price behaviour on the chart and uses indicator filters to decide whether to enter. Trades are meant to be short, so positions are usually closed within a brief period, either by the stop loss, the trailing stop or the exit logic.
The EA is tuned for gold only. Attach it to XAUUSD, or to your broker's equivalent symbol name, on the M5 or M15 chart. Using it on other instruments or timeframes is outside what it was designed for and is not recommended.
Scalping depends heavily on trading costs. The developer suggests an ECN-type account with low spreads and mentions a balance of around 200 USD as a starting point. Wide spreads, slow execution or high commissions can change how any scalping system behaves, so check these on your own account.
The developer states that the defaults are already optimised and that the lot size is the main thing to set. Exact input names and values can differ, so open the inputs tab after attaching the EA and read each description before going live.
| Area | What to check |
|---|---|
| Lot size | Choose a size that fits your balance and the loss you can accept on a single trade. |
| Time filter | Set the trading hours in line with your broker's server time. |
| Stop loss | Review the protective stop distance and confirm it suits your broker's gold spread. |
| Trailing stop | Check how the trailing logic is configured before changing it. |
Gold can move quickly, especially around news releases, and a scalper can be affected by spread widening and slippage. A stop loss limits the planned loss on a trade but does not remove the chance of a worse fill in fast markets.
Trading carries risk, and you can lose some or all of your capital. Past results, including any backtest, do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
Keep the terminal connected during trading hours. Many users run it on a VPS so the EA can keep managing open positions without interruption.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (MT4) expert advisor |
| Strategy focus | Gold or XAUUSD, Scalping |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Market | Gold, XAUUSD |
| Recommended timeframes | M5 or M15 |
| Trade style | Scalping with short holding times |
| Risk controls | Stop loss, trailing stop, time filter |
| Account type | ECN or low-spread account suggested |
| Suggested balance | Developer suggests starting from about 200 USD |
No reviews yet. Customers who own Goblin Gold Scalper can review it here.
No. This product is built for MetaTrader 4 and is not compatible with MetaTrader 5. If you use MT5, look for a version made for that platform instead of trying to load this one.
It is designed for gold, shown as XAUUSD on most brokers, on the M5 or M15 chart. Some brokers add a suffix to the symbol name, so check how gold is named on your account and attach the EA to that chart.
Scalping is sensitive to spread, slippage and execution speed. The developer suggests an ECN-type account with low spreads. Compare the spread and commission on your own account before running it live, and test on a demo account first.
The developer describes the defaults as already tuned, so the main input is the lot size. You should still review the time filter and the stop loss and trailing stop options, and choose a lot size that fits your balance and risk tolerance.
The developer suggests a balance of around 200 USD, but that is a guideline and not a rule. Your broker's contract size, leverage and the lot size you choose all affect how much margin and drawdown you should plan for.
It is intended to run during market hours, Monday to Friday, and includes a time filter so you can restrict the hours it opens trades. Keep the terminal running, ideally on a VPS, so it can manage open positions.
Goblin Gold Scalper
Notify me at launchQuestions about this tool?
Ask us on Telegram Install guide for MT4 and MT5 Get a custom version builtFree, practical help with testing, sizing and running expert advisors.
More MT4 tools with a similar focus.
Own Goblin Gold Scalper? Sign in to review it.