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Gold Scalper FX EA is an MT5 expert advisor built only for XAUUSD. It places pending breakout orders around H1 swing pivots and applies spread, session and news filters. Trading carries risk.
Get one message the moment it launches, with its price.
Gold Scalper FX EA is an automated trading program for MetaTrader 5 that works on a single instrument, XAUUSD. It looks for recent swing pivots on the H1 chart, places pending stop orders just beyond them, and manages any resulting trade without manual input.
The expert advisor scans H1 price data for new swing highs and swing lows. Instead of entering at market after a move has already happened, it arms a Buy Stop above a swing high or a Sell Stop below a swing low. An order only fills if price actually breaks through that level.
Each position starts with a fixed initial stop distance. Once the trade is in profit, a price-based trailing stop activates and moves forward in steps. If the broker does not accept a physical stop at the wanted distance, a virtual stop acts as a fallback. The program also closes exposure ahead of the daily maintenance break on gold.
Use it on XAUUSD only. The signal engine reads H1 internally, so the chart timeframe you attach it to does not change the main logic. Brokers with low, stable gold spreads suit this style best, because breakout entries are sensitive to spread and slippage.
Exact input names and defaults can differ between builds, so open the inputs tab and read each description before you start. The table lists the groups to review.
| Group | What it controls | What to check |
|---|---|---|
| Lot sizing | Fixed, balance-based, margin-based or risk-percentage volume | Start small and confirm the volume against your broker's limits |
| Entry filters | EMA trend filter and the optional intrabar engine | Decide which of these to enable and test each one |
| Stops and trailing | Initial stop, trailing activation and step, virtual stop | Compare distances with your broker's minimum stop level |
| News and session | Impact levels, currencies, blackout, trading hours | Match the hours to your broker's server time |
| Exposure limits | Maximum positions, pending orders per side, aggregate risk | Set values you can afford to lose |
| Magic number | Identifies this program's orders | Keep it unique on the account |
Trading gold with leverage carries a high level of risk and you can lose more than you expect. Past results do not predict future ones. Pending orders can fill with slippage, and spreads can widen around news and rollover. Test on a demo account first and never risk money you cannot afford to lose.
Before you go live, run the Strategy Tester with tick data from your own broker and watch a demo account for several weeks to see how it handles spreads and news.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Scalping, Signals, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, expert advisor |
| Market | XAUUSD (gold) only |
| Signal timeframe | H1 internally, whatever chart timeframe is displayed |
| Trade style | Pivot breakout with pending stop orders, scalping-style management |
| Order handling | Initial stop, trailing stop, virtual stop fallback, Friday order expiry |
| Lot sizing | Fixed, per balance, per margin or per risk percentage |
| Account type | Low-spread or ECN-style accounts are preferred; check your broker |
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No. This listing is for MetaTrader 5 and the program is compiled for that platform. It will not load in MetaTrader 4. If you trade on MT4, you need a version made for that platform.
It is designed for XAUUSD only. The signal logic reads H1 data internally, so the chart timeframe you attach it to does not change the main signal. Check how your broker names gold, since some use a suffix or a different symbol name.
A broker with tight, stable gold spreads works best, such as a low-spread or ECN-style account. The developer's listing mentions a minimum deposit of about 100 USD and a larger recommended amount, but the right size depends on your lot-sizing mode, leverage and risk tolerance. Test on a demo account first and check your broker's contract specifications.
Copy the expert advisor file into the MQL5/Experts folder via File, Open Data Folder in MetaTrader 5, then restart the terminal or refresh the Navigator. Drag it onto an XAUUSD chart, enable Algo Trading, and allow automated trading in the terminal options. If you enable the news filter, you may also need to add the news data address to the allowed list under Tools, Options, Expert Advisors.
Yes, in principle. Each trade is tagged with a magic number, so it can tell its own orders from those of other strategies. Use a unique magic number for each expert advisor on the account, and remember that combined exposure from all of them still counts toward your margin and risk.
No. Gold is volatile, spreads can widen suddenly and slippage happens. Trading carries risk and past results do not predict future ones. Test thoroughly on a demo account before using real funds.
Gold Scalper FX EA Forex
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