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Omega Code is an MT4 expert advisor that scalps gold (XAUUSD) and forex pairs, using a stop loss, a trailing stop, a spread filter and an optional EMA trend filter. Lot size can be fixed or scaled from the account balance.
Get one message the moment it launches, with its price.
Omega Code is a scalping expert advisor for MetaTrader 4. It is built mainly for gold (XAUUSD) and forex pairs and combines short-term entries with a trailing stop, so open trades can be protected as price moves in their favour.
The EA opens short-term trades during a configurable time window. Each order is placed with a stop loss and a take profit, and the trailing stop can be switched on or off. When trailing is active, the stop starts to follow price once the trade has moved a set number of points, and then trails at a fixed distance.
An optional trend filter uses an exponential moving average on a chosen timeframe. When it is enabled, the EA only takes trades that agree with the direction of that average. When it is disabled, entries are not restricted by the EMA.
The default inputs are tuned for gold and currency pairs, with M5 as the reference chart. Symbols with lower spreads are better suited to this style, and an ECN or raw-spread account is recommended. A VPS with low latency helps keep execution close to the prices you see.
The inputs below are the main ones. Treat any values as starting points and confirm them against the input window after you attach the EA.
| Input | Purpose |
|---|---|
| Max Spread | Blocks new trades when the spread is too wide; keep it above the typical spread of the symbol |
| Fixed Lot / Auto Lot | Manual lot size, or balance-based sizing when fixed lot is zero |
| Take Profit / Stop Loss | Exit distances in points |
| Use Trailing / Trailing / Start Trailing | Switch the trailing stop on, set its distance and set when it begins |
| Max Trades | Limits the number of open trades |
| Volatility | Sensitivity setting for entries |
| Use EMA Trend / EMA Period / EMA Timeframe | Optional trend filter |
| Time Start / Time End | Trading window in broker time |
| Auto Magic Number / Magic Number | Automatic or manual order identification |
On gold with three decimal places, point-based values such as Max Spread, Take Profit and Trailing need to be scaled up by ten. Check Stop Loss and Start Trailing as well.
Trading carries risk and you can lose part or all of your deposit. Past results do not predict future ones. Scalping systems are sensitive to spreads, slippage and execution speed, so test on a demo account before using real funds.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Gold or XAUUSD, Scalping, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Markets | Gold (XAUUSD) and forex pairs, lower-spread symbols preferred |
| Timeframe | Designed around M5; other timeframes can be tested |
| Trade style | Scalping with trailing stop, optional EMA trend filter |
| Account type | ECN or raw-spread account recommended |
| Hosting | Low-latency VPS recommended |
| Money management | Fixed lot or auto lot based on balance |
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No. This listing is for the MetaTrader 4 build and must be loaded in an MT4 terminal. An MT5 terminal will not run it.
The defaults are tuned for gold and major currency pairs, with M5 as the reference chart. Pairs with lower spreads suit a scalping approach better. Test any other symbol or timeframe on a demo account first.
An ECN or raw-spread account with tight spreads and a Stops Level of 0 on the traded symbol is recommended. You can check the Stops Level in the symbol properties (Ctrl+U, select the symbol, then Properties). Wide spreads or a high Stops Level can prevent orders from opening or reduce results.
Yes. If your broker quotes gold with three decimal places, the point value differs, so the point-based inputs such as Max Spread, Take Profit and Trailing need to be multiplied by ten. Check other point-based inputs such as Stop Loss and Start Trailing as well, and verify the result on a demo account.
No fixed minimum is enforced by the EA, but a balance of around 200 USD is suggested as a starting point. Your broker's contract sizes and margin rules matter more, so check lot steps and margin on your own account.
No. Trading carries risk, you can lose money, and past results do not predict future ones. Test on a demo account and use position sizes you can afford.
Omega Code
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