
An MT5 expert advisor for gold (XAUUSD) that opens a first trade when a trend filter agrees, adds grid orders against it with a lot multiplier, and closes the whole basket at one profit target.
Get one message the moment it launches, with its price.
LL Gold Scalper EA is an automated expert advisor for MetaTrader 5 that focuses on gold against the US dollar. It combines a trend filter for the first entry with a grid of additional orders and one shared take-profit for the whole basket.
The EA works in two stages. First it waits until short-term and medium-term trend conditions agree, and only then does it open the initial position. Second, if price moves against that position, it opens further orders at preset distances. Each new order uses a lot size based on a configurable multiplier, so the position grows as the grid deepens.
All open trades are handled as a single basket. When the combined result reaches the global take-profit level, the EA closes every position in the basket together. Before sending an order it checks that free margin is sufficient and that the volume respects the broker's limits.
The product is intended for XAUUSD on the H4 timeframe, and its default inputs are aimed at the way gold usually moves. You can try other symbols, but that calls for your own testing and optimisation, because grid distances and lot sizes that suit gold will not suit every instrument.
Exact input names and default values can differ between releases, so open the input tab and read the documentation or set files supplied with your download. The table below describes the kinds of parameters to expect.
| Parameter type | What it controls |
|---|---|
| Initial lot size | Size of the first position in a basket |
| Grid distance | How far price must move against the basket before another order is added |
| Lot multiplier | How much larger each added order is than the previous one |
| Basket take-profit | The level at which all open positions are closed together |
| Trend filter inputs | The conditions that must agree before the first entry |
Grid strategies can build large exposure during a strong directional move, and drawdown may expand well beyond what a quiet period suggests. Smaller lots reduce that exposure, and you should size the account so that the deepest grid you allow is still affordable. Margin level, leverage and broker conditions all matter.
Trading carries risk and past results, including backtests, do not predict future ones. Test on a demo account first and only use funds you can afford to lose.
For a first test, run the Strategy Tester with every-tick modelling over several years of data, then repeat on a demo account to see how your broker's spreads and execution affect results.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Scalping, Trend, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor, fully automated |
| Main market | Gold, XAUUSD |
| Recommended timeframe | H4 |
| Trade style | Trend-filtered entry with grid and basket exit |
| Position sizing | Lot multiplier applied to each added grid order |
| Account requirements | Algo trading enabled; adequate margin for grid depth |
| Other symbols | Possible, but testing and optimisation are advised first |
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No. This version is an MT5 expert advisor and will only run in MetaTrader 5. An MT4 terminal cannot load it.
The EA is designed for XAUUSD on the H4 chart. Other symbols can be tried, but you should run your own tests and adjust the inputs before using them on a live account.
Yes. When price moves against the first trade, the EA adds more orders at set distances, usually with larger lots. Drawdown can grow quickly in a strong one-way market, so lot size, grid distance and the number of steps need careful choice. Trading carries risk and past results do not predict future ones.
Extract the download, copy the EA file into the Experts folder via File > Open Data Folder > MQL5 > Experts, restart MetaTrader 5 or refresh the Navigator, then drag the EA onto an XAUUSD H4 chart with algo trading turned on.
Any MT5 broker that offers gold with sensible spreads and allows EAs should be considered. Check symbol naming, minimum lot, lot step and margin requirements, as these affect how a grid behaves.
Yes. Run it in the Strategy Tester and then on a demo account with your broker's conditions. Check the settings and any set files that come with your download, and only then decide whether to use real funds.
LL Gold Scalper EA MT5
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