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MHD Scalper Pro is an MT5 expert advisor and on-chart panel for short-term gold (XAUUSD) trading on low timeframes. It combines a momentum wave filter, RSI and channel readouts, trailing stops, automatic profit targets and a drawdown close.
Get one message the moment it launches, with its price.
MHD Scalper Pro is an MT5 expert advisor aimed at traders who work gold (XAUUSD) on very short timeframes. It pairs a momentum filter with an on-chart dashboard and a set of position management tools, so you can see market conditions and control exits from a single screen.
The tool reads price channel levels and RSI values across several timeframes, from M1 up to D1, and shows whether gold looks neutral, overbought or oversold. A multi-timeframe wave filter, which uses a configurable lookback, is meant to keep activity aligned with the prevailing momentum rather than against it.
The panel shows whether trading is currently allowed or disabled, floating and daily profit and loss, the basket trail, the live spread in points and progress towards the profit target as a percentage. Spread matters a great deal on gold, so check it before relying on any short-term signal.
The product is built around XAUUSD, with the M1 chart as the main working timeframe and M5 as a sensible second option. Other symbols are not the intended use. Gold quotes differ between brokers in digits, contract size and typical spread, so compare these details with your own account.
Exact input names and default values can vary, so open the inputs tab after attaching the expert and read every option before going live. The areas below are the ones to review.
| Area | What to check |
|---|---|
| Lot size | Start small and match it to your balance and broker lot step |
| Profit target | Fixed amount or scaled with lot size |
| Trailing stop | Activation profit and step size |
| Drawdown close | Whether it is enabled and at what loss |
| Wave filter | Lookback length and timeframes used |
Scalping gold means frequent trades, wide and changing spreads and sudden spikes. Slippage, news events and broker execution can all change outcomes. Use a demo account first, keep position size conservative and never rely on any single protective setting.
Trading carries a high level of risk, and past results do not predict future ones. This tool does not remove the possibility of loss.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor, .ex5) |
| Strategy focus | Gold or XAUUSD, Scalping, Momentum |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor with trade management panel |
| Main market | Gold (XAUUSD) |
| Timeframes | Designed for M1; M5 also suited |
| Trade style | Scalping, momentum |
| Risk tools | Trailing stop, auto close at target, drawdown close |
| Requirements | Algo trading enabled, low-spread gold feed, stable connection |
| Account types | Check your broker's gold contract and lot step first |
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No. This product is built for MetaTrader 5 only. It will not load on MetaTrader 4, so check that your broker offers an MT5 account before buying.
The tool is designed for gold, usually shown as XAUUSD, on the M1 chart, with M5 as a reasonable alternative. Your broker may add a suffix to the symbol name, so confirm the exact name in Market Watch.
It combines a signal filter with trade management features such as trailing and profit targets. Open the inputs tab after attaching it and read each option to see how entries and management are controlled, then test on a demo account first.
Copy the expert file into the MQL5/Experts folder via File > Open Data Folder in MT5, restart the terminal or refresh the Navigator, then drag it onto a gold chart. Make sure Algo Trading is switched on.
No fixed minimum is stated here. The right balance depends on your broker's contract size, leverage and the lot size you choose, so test on a demo account and keep position size modest relative to your balance.
No. Trading gold on short timeframes carries a high level of risk, and past results do not predict future ones. Only trade with money you can afford to lose.
MHD Scalper Pro
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