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ScalpZone Straddle Hunter is an MT5 expert advisor built for gold (XAUUSD). It looks for breakouts from a recent price range, filters them with an H1 trend check and manages open trades with a staged profit lock.
Get one message the moment it launches, with its price.
ScalpZone Straddle Hunter is an expert advisor for MetaTrader 5 that focuses on gold. It watches for price leaving a recent trading range, checks the move against a higher timeframe trend, and then manages the position with a staged system of protective stops.
The expert builds a price channel from recent highs and lows on a mid-level timeframe and treats a move beyond the channel as a possible breakout. A confirmation buffer is intended to reduce entries on tiny, short-lived spikes. Before a trade is opened, the direction is compared with an H1 trend reading based on moving averages, so the expert is meant to trade with the broader move rather than against it.
Once a trade is open, the stop loss is moved in steps as price advances. The first step aims to cover the cost of spread and commission, later steps lock in a larger part of the open gain, and the final stage trails price. The exact trigger distances are set in the inputs, so review them on your own chart before running the expert.
The chart panel shows the current spread, a running win rate and the net result for the day, which makes it easy to see what the expert is doing without opening the history tab.
The expert is built around gold, usually shown as XAUUSD or GOLD. Symbol names differ between brokers, so check yours. The expert is attached to a lower timeframe chart and reads the higher timeframes internally, so you do not need to open extra charts. A hedging account with low spreads is the better fit, since gold spreads can widen sharply around news and rollover.
Defaults can differ between releases, so open the inputs tab and read each value before trading. Areas worth checking are listed below.
| Area | What to check |
|---|---|
| Lot size | Fixed volume or automatic sizing, and the risk it implies for your balance |
| Spread limit | Whether the cap suits your broker's normal gold spread |
| Profit lock stages | Trigger and lock distances in points or pips, and how your broker counts digits |
| Cooldown | How long the expert waits after a loss |
| Trend filter | Moving average period and timeframe used for direction |
| Magic number | A unique value if other experts run on the same account |
Gold is volatile and can gap or widen spreads quickly, which may cause slippage and skipped or poorly filled orders. Leveraged trading can lose more than you expect, and automatic lot growth increases exposure as the balance rises. Run the expert on a demo account first and use a position size you are comfortable with.
Trading carries risk and you can lose part or all of your capital. Past results, including backtests, do not predict future ones. Nothing on this page is financial advice.
For continuous operation, many users run the terminal on a VPS so that a connection drop or restart does not interrupt open trades.
| 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 | Automated expert advisor |
| Main market | Gold (XAUUSD); check your broker's symbol name |
| Chart timeframe | Attach to a lower timeframe chart; higher timeframes are read internally |
| Trade style | Breakout scalping with trend filter and staged exits |
| Account type | Hedging account; low-spread or ECN-style conditions suit it best |
| Money management | Fixed lot or automatic lot sizing, depending on inputs |
| Requirements | MT5 terminal, algo trading enabled, stable connection or VPS |
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No. This product is an MT5 expert advisor and will not load in MetaTrader 4. You need the MetaTrader 5 terminal.
It is designed around gold, usually quoted as XAUUSD or GOLD depending on the broker. Confirm the exact symbol name in your Market Watch and test any other instrument on a demo account before considering it.
A hedging account with tight spreads is the better fit, because the logic includes a spread filter and works with short-term moves. Check the account type, spreads, commissions and stop level rules with your broker before using it.
The right figures depend on your lot size, broker and risk tolerance. Check the input settings and the margin required for gold on your account, and test on demo first. Do not risk money you cannot afford to lose.
Open the data folder from the File menu in MT5, copy the expert file into MQL5/Experts, then restart the terminal or refresh the Navigator. Drag the expert onto a gold chart and make sure algo trading is switched on.
No. Backtests depend on the data quality, spread model and broker conditions you use, and past results do not predict future ones. Treat them as a way to understand behaviour, not as a forecast.
ScalpZone Straddle Hunter
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