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ThunderGold Scalper is an MT5 expert advisor built for gold (XAUUSD) on the M15 chart. It trades without a grid, adds news and holiday filters, and offers fixed-lot or risk-percentage sizing.
Get one message the moment it launches, with its price.
ThunderGold Scalper is an expert advisor for MetaTrader 5 that trades gold automatically. It is meant for the XAUUSD (or GOLD) chart on the M15 timeframe and tries to act only when several conditions line up, rather than opening trades all the time.
The EA combines a number of checks before it enters the market: market structure, trend direction, candle quality, volume and momentum. Entry decisions come from an internal rule set that is preconfigured, so there are no long lists of strategy parameters to tune. Once a position is open, the EA manages it with an automatic stop loss and take profit and a dynamic trailing stop. It does not use a grid.
Use it on gold only, on the M15 chart. The symbol name differs between brokers, so check whether yours uses XAUUSD, GOLD or a variant with a suffix. Gold spreads and execution quality matter a great deal for short-term trading, so a Raw Spread or Raw ECN account is generally preferred. The developer lists TMGM, Vantage and VT Markets as tested brokers.
Only a small set of inputs is exposed. Check the exact names and defaults in the input window after attaching the EA.
| Group | What you can set |
|---|---|
| Identification | Magic number, trade comment, broker type (Default or Exness) |
| Risk management | Fixed-lot mode, fixed lot size, risk percentage |
| News filter | On or off, minutes blocked before and after, selected currencies |
| Protection and operation | Holiday filter, information panel, profit and loss labels, debug logging |
The stop loss is relatively short, so several losing trades in a row can happen in unfavourable conditions. Do not raise the lot size after a loss or try to win losses back with larger positions, as this can deepen drawdown. A cautious approach is to begin on a demo account or at the minimum lot, then watch how often it trades and how it behaves on your broker before changing anything.
Trading carries risk, and you can lose some or all of your capital. Past results and backtests do not predict future performance, and live results can differ because of spread, commission, latency and slippage. Test under your own broker conditions before increasing risk.
For a backtest, use the Strategy Tester with the every tick based on real ticks model so that spread and slippage assumptions are closer to real conditions. Keep the terminal running, ideally on a VPS near your broker server, so the EA can manage open trades without interruption.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 5 (expert advisor) |
| Strategy focus | Gold or XAUUSD, Scalping, Signals, Trend |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Automated trading, gold scalping |
| Markets | XAUUSD or GOLD (name depends on broker) |
| Timeframe | M15 |
| Trade style | Short-term, trend and momentum based, no grid |
| Position sizing | Fixed lot or percentage risk per trade |
| Account type | Raw Spread or Raw ECN preferred |
| Requirements | Algo Trading enabled; a VPS near the broker is advisable |
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No. ThunderGold Scalper is built for MetaTrader 5 and will not load in MetaTrader 4. If you use MT4, look for a product that is listed for that platform.
Attach it to a gold chart, usually named XAUUSD or GOLD depending on your broker, and set the timeframe to M15. Other symbols and timeframes are outside the intended use of the EA.
Because the EA is sensitive to spread, slippage and execution speed, a Raw Spread or Raw ECN account is preferred. The developer lists TMGM, Vantage and VT Markets as tested. If you use Exness, pick the Exness option under Broker Type; for other brokers keep the default. With any new broker, test on a demo account or with the minimum lot first.
The developer suggests starting at 0.01 lot and a risk of roughly 0.5 to 1 percent, with 2 percent as an upper limit. The stop loss is relatively short, so a run of consecutive losses can occur. Check the minimum deposit and lot rules with your own broker before going live.
The core strategy values are preset. The visible inputs cover identification (magic number, comment, broker type), lot or risk settings, the news filter, the holiday filter, the information panel, profit and loss labels and debug logging.
Yes. MetaTrader 5 must stay open with Algo Trading enabled for the EA to act. Many users run it on a VPS located near the broker server to reduce downtime and latency.
ThunderGold Scalper
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