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Gold Scalper Advanced is an MT5 expert advisor for XAUUSD that runs several breakout strategies from one chart. It places pending Stop orders beyond swing highs and lows and manages each trade with its own stop loss and take profit.
Get one message the moment it launches, with its price.
Gold Scalper Advanced is an automated breakout expert advisor for XAUUSD on MetaTrader 5. It runs several independent strategies from one chart, each looking for swing highs and lows and placing pending orders just beyond them.
Each strategy works on its own timeframe, somewhere between H1 and D1. It identifies recent swing highs and lows and places a Buy Stop above a high and a Sell Stop below a low. If price does not trigger an order, the order expires automatically. Every position receives its own stop loss and take profit once it is open.
The expert advisor does not use martingale, lot multiplication, loss averaging or larger trades after a loss.
Distances are scaled to the gold price level, so they stay proportionate when gold trades in different price ranges.
The tool is built for XAUUSD only. Attach it to an H1 chart. A low-spread broker and a hedging account are recommended, and a reliable VPS helps keep the terminal running around the clock.
The default setup chooses the number of active strategies from your account balance. You can also pick a more conservative or more active set by hand. Check the input descriptions in your terminal for the exact options and defaults.
| Input | Purpose |
|---|---|
| Account balance choice | Selects which strategies are active |
| Lot size method | Automatic, fixed lot or risk % of balance |
| Start lots and risk % | Sets the size or risk of each trade |
| News filter | Impact level, minutes before and after, currencies, close or delete options |
| Maximum daily drawdown | Optional limit, useful for prop firm rules |
| Info panel | Shows or hides the on-chart panel |
| Magic number and comment | Identifies the orders placed by this expert advisor |
The on-chart panel shows daily, weekly, monthly and total results and whether the news filter is free, blocked or off.
Risk per trade is set by your lot method, but when several strategies hold positions together, total exposure can be higher than the risk of a single trade. A stop loss cannot ensure an exact maximum loss, especially during news and fast markets, and brokers may not cancel a pending order before it triggers.
Trading gold and other CFDs carries risk, and losses and drawdown are possible. Past results, including backtests, do not predict future ones. Trade only with money you can afford to lose and test on a demo account first.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Scalping, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, breakout scalping |
| Symbol | XAUUSD (gold) |
| Recommended timeframe | H1 chart; strategies read swings from H1 to D1 |
| Trade style | Pending Buy Stop and Sell Stop breakout orders |
| Account type | Hedging account recommended |
| Lot sizing | Automatic, fixed lot or risk % of balance |
| Other requirements | Low-spread broker and a reliable VPS are recommended |
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No. This is a MetaTrader 5 expert advisor and it will not run on MetaTrader 4. You need an MT5 terminal and an account that offers XAUUSD.
Attach it to an XAUUSD chart on the H1 timeframe. Some brokers add a suffix to the gold symbol, so check that the symbol in your Market Watch is the gold contract you intend to trade.
A hedging account is recommended, because several strategies can hold positions at the same time. Ask your broker which account mode your account uses before you start.
No. The MT5 economic calendar is not available in the Strategy Tester, so the news filter has no effect in backtests. Test with Every tick based on real ticks and realistic spreads, and treat the results with caution.
In the default automatic setup the number of active strategies depends on your account balance. You can also choose a fixed set in the inputs. More active strategies means more trades and more positions open at once, which raises exposure.
Yes. Run it on a demo account with your broker's spreads and execution conditions before using real money, and review the inputs carefully.
Gold Scalper Advanced
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