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GOLD Scalper PRO is an MT4 expert advisor for XAUUSD that trades short-term moves using an impulse-and-correction approach. It includes a news filter, stealth mode, time controls, a Friday exit and drawdown protection.
Get one message the moment it launches, with its price.
GOLD Scalper PRO is an automated trading program for MetaTrader 4 that is designed for one instrument only: gold quoted against the US dollar (XAUUSD). It looks for a sharp price move and then trades the pullback that follows, using fixed stop loss and take profit levels, with optional extras for news, timing and drawdown control.
The core idea is to enter in the direction of a clear impulse once the market has made a corrective move against it. The EA contains two separate entry systems. You can run both together or switch either one off with the UseSystem1 and UseSystem2 inputs. Long and short trades can also be enabled or disabled independently, which is useful if you want to trade only one direction.
Exits are handled by the program logic together with stop loss and take profit levels. An optional ATR-based method can scale those levels to current volatility. Because the EA is a scalper, the result of each trade depends heavily on spread, slippage and execution speed at your broker.
Use it on XAUUSD only. Your broker may name the symbol differently, for example with a suffix, so make sure the chart is the gold pair. The EA can be placed on an M1 or M15 chart, since the timeframes it uses are fixed in the code. For backtesting, an M1 chart with the open prices only model is a quick way to get a first impression, but always confirm behaviour with a demo account as well.
Only a selection of inputs is listed here. Open the input tab in MT4 to see the full list for the version you download and read each entry before trading.
| Input | Purpose |
|---|---|
| UseSystem1 / UseSystem2 | Enable or disable each entry system |
| LongTrades / ShortTrades | Allow buy or sell trades |
| MaxSpread | Largest spread at which new trades may open |
| Slippage | Largest accepted slippage on entry |
| StealthMode | Hide stop loss and take profit from the server |
| CloseOnlyOnProfit | Close only in profit or at the stop loss, instead of following system logic |
| EA_Comment | Text added to the comment of each trade |
| AutoMM | Risk-based automatic lot sizing; check the resulting lot on a demo |
Gold is volatile and spreads can widen sharply during news or at rollover. Check that the lot size produced by automatic money management matches your broker's contract size and your own risk limits. Start with a low risk value and a demo account, and review how many positions the EA holds at once before you scale up.
Trading carries risk, and you can lose more than you expect. Backtests and live statistics describe the past only, and past results do not predict future ones. Do not risk money you cannot afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (expert advisor) |
| 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, fully automated |
| Market | Gold, XAUUSD |
| Chart timeframe | M1 or M15 (internal timeframes are fixed) |
| Trade style | Scalping on impulse and correction setups |
| Money management | Automatic lot sizing (AutoMM) or fixed lot |
| Extra tools | News filter, time management, stealth mode, Friday exit |
| Requirements | Low-spread XAUUSD account and a VPS or always-on terminal |
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This listing is for the MetaTrader 4 build only. It will not load in MetaTrader 5. If you use MT5, look for the separate MT5 edition of the product instead of trying to run this one.
Attach it to the XAUUSD chart at your broker. Your broker may add a suffix to the symbol name, which is fine. The EA can run on an M1 or M15 chart because the timeframes it uses internally are fixed, so the chart choice does not change its logic.
Copy the EX4 file into the MQL4/Experts folder through File, then Open Data Folder in MT4. Restart the terminal or refresh the Navigator, drag the EA onto an XAUUSD chart and enable Algo Trading. Test it on a demo account first.
Not necessarily. Contract size for gold can differ between brokers, so check on a demo account that the automatic lot sizing opens the volume you expect for your balance and chosen AutoMM value before you use a live account.
Choose a broker with tight, stable spreads on XAUUSD, fast execution and a four- or five-digit gold quote that MT4 supports. Use the MaxSpread input to block entries when spreads widen, and check slippage on a demo first.
No. Trading gold with leverage carries a high level of risk, losing trades and drawdowns are normal, and past results do not predict future ones. Only trade money you can afford to lose.
GOLD Scalper PRO
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