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King Ruay Scalper GOLD Plus is an MT5 expert advisor for XAUUSD that combines wave structure with Fibonacci retracement levels to time breakout entries. Each trade carries a broker-side stop loss.
Get one message the moment it launches, with its price.
King Ruay Scalper GOLD Plus is an expert advisor for MetaTrader 5 that trades breakouts on gold (XAUUSD). Instead of relying on a trading session or a single indicator, it reads the current wave structure of price and uses Fibonacci retracement levels to decide where a breakout entry should sit.
The logic has three parts that need to line up before a trade is opened.
Every position is sent with a stop loss held on the broker side. The description of the product states that it does not use recovery methods such as martingale or averaging down. The strategy tags for this listing also include grid, so review the input list on a demo account to see exactly how many positions it can hold at once.
By default the EA enters with a market order and a deviation limit, which caps how far the fill may be from the requested price. Fast breakouts on gold can cause heavy slippage with pending Buy Stop and Sell Stop orders, so this mode aims to keep live fills closer to what you see in testing. Pending order mode can be selected in the inputs if you prefer it.
Two trailing options are available. The classic trailing stop is handled on the broker side. The virtual trailing stop is tracked in the terminal's memory, which means it depends on the platform staying connected.
The EA is designed for XAUUSD only. Brokers name the symbol in different ways, so check the exact name in Market Watch and make sure it is visible. The account must be a hedging type. Confirm the chart timeframe and any session or spread filters in the input list, and test them with your broker's data, since gold spreads and execution vary a lot between providers.
Exact input names can differ, so open the input tab after attaching the EA and read each description. The areas below are the ones to check first.
| Area | What it controls | What to check |
|---|---|---|
| Entry mode | Market order or pending order | Test both on demo with your broker |
| Deviation | Maximum allowed slippage on market entries | Match it to your broker's typical gold spread |
| Trailing type | Classic or virtual trailing stop | Virtual needs a stable connection |
| Lot size and risk | Position size per trade | Size it against the stop loss distance |
A recommended balance of 500 USD or more is suggested, but the right amount depends on your lot size and your tolerance for drawdown. A hard stop loss limits the loss on each trade, but gaps and slippage can still make a loss larger than planned.
Trading gold carries substantial risk and you can lose part or all of your capital. Past results do not predict future ones. Always test on a demo account first and only risk money you can afford to lose.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (hedging account required) |
| Strategy focus | Gold or XAUUSD, Scalping, Grid, Breakout |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor |
| Symbol | XAUUSD (gold) |
| Timeframes | Not specified here; check the inputs and test on demo |
| Trade style | Breakout scalping using wave structure and Fibonacci levels |
| Entry mode | Market order with deviation control (default) or pending orders |
| Trailing stop | Classic (broker-side) or virtual (memory-based) |
| Recommended deposit | 500 USD or more, depending on lot size and broker |
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No. This expert advisor is built for MetaTrader 5 and will not load on MT4. It also needs an account that allows hedging, so check your account type with your broker before you buy.
The system is designed for XAUUSD. Gold symbols are sometimes named differently by brokers, for example with a suffix, so confirm the exact name in Market Watch. Check the input list and run a demo test to confirm the chart timeframe that suits your broker's data.
A balance of 500 USD or more is recommended. That is a guideline, not a guarantee of any outcome. Gold moves quickly, so your lot size and the stop loss distance matter more than the headline balance. Size positions to a loss you can accept.
Market order mode with a deviation limit is the default. It is intended to reduce the slippage that pending stop orders can suffer during fast gold moves. Pending mode is still available in the inputs. Compare both on a demo account with your own broker before deciding.
Copy the expert advisor file into the MQL5/Experts folder through File, Open Data Folder in MT5, then restart the terminal or refresh the Navigator. Open an XAUUSD chart, drag the EA onto it, and enable Algo Trading and the allow algorithmic trading option in the EA properties.
No. Trading gold carries substantial risk, and past results do not predict future ones. Test on a demo account first and only trade with money you can afford to lose.
King Ruay Scalper GOLD Plus
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