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Mon Scalper MT5 is an expert advisor built for gold (XAUUSD) on the M15 chart. It trades breakouts when a short-term and a long-term trendline agree, and it places a stop loss on every trade.
Get one message the moment it launches, with its price.
Mon Scalper MT5 is an automated trading tool for MetaTrader 5 that focuses on a single market: gold, quoted as XAUUSD. It watches the chart for a breakout of its trendlines and opens trades by itself, without manual clicking.
The expert draws and tracks two trendlines, one that reflects the longer-term direction and one that reflects the shorter-term move. A trade is considered only when both lines point the same way and price breaks through the relevant line. The idea is to avoid entries where the short-term move disagrees with the broader trend.
The expert is tuned for XAUUSD and the M15 timeframe. Gold can move quickly and spreads vary a lot between brokers, so execution quality matters. Check the gold symbol name on your account, the typical spread, and the broker's stop level before running it live.
The default inputs are meant to work for most brokers. The exact list of inputs can differ between releases, so open the input tab after attaching the expert and read each field before changing it.
| Item | What to check |
|---|---|
| Lot size | Match it to your balance; the developer suggests about 450 to 600 USD per 0.01 lot |
| Symbol | Use the gold symbol your broker provides, on the M15 chart |
| Stop loss | Review the default and confirm it fits your broker's minimum distance |
| Algo trading | Must be enabled in the terminal and for the expert |
Scalping gold exposes an account to fast price swings, widening spreads and slippage around news. A stop loss limits the loss on each trade but does not remove the possibility of a losing run. Review both backtests and forward results on a demo account before using real money.
Trading carries risk, and past results, including backtests and signal histories, do not predict future ones. Only trade with money you can afford to lose.
For continuous operation, consider running the terminal on a VPS so the expert stays connected around the clock.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (MT5) |
| Strategy focus | Gold or XAUUSD, Scalping, Signals, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Market | XAUUSD (gold) |
| Recommended timeframe | M15 |
| Trade style | Trendline breakout scalping |
| Account type | Any; check your broker's gold symbol and execution |
| Suggested capital | Developer suggests about 450 to 600 USD per 0.01 lot |
| Hosting | VPS recommended for 24-hour operation |
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It is designed for gold, symbol XAUUSD, on the M15 chart. Your broker may add a suffix or use a different name for gold, so check the symbol in Market Watch before attaching the expert. Running it on other symbols or timeframes is not what it was built for.
This listing is the MetaTrader 5 build and will only load in MT5. An MT4 build is a separate product and cannot be used in MT5, so make sure the platform matches before you buy.
The developer suggests roughly 450 USD as a minimum and 600 USD as a more comfortable level for each 0.01 lot. Treat this as a starting point only. Test on a demo account first and size positions to the amount you can afford to lose.
It is not mandatory, but a VPS is recommended. The expert needs the terminal to stay online and connected, so a stable remote server helps avoid missed signals caused by a closed computer or a dropped connection.
Copy the expert file into the Experts folder via File > Open Data Folder > MQL5 > Experts in MT5, then restart the terminal or refresh the Navigator. Open an XAUUSD M15 chart, drag the expert onto it, and enable Algo Trading in the toolbar and in the expert's properties.
Yes, the inputs can be edited when you attach the expert. The default values are intended to suit most brokers, so change them only after testing in the Strategy Tester and on a demo account.
Mon Scalper MT5
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