Download includes .set preset files ready to load in MetaTrader. MT4 Expert Advisor for GOLD (XAUUSD) scalping. Fully automated trading system using market impulse and correction strategy. Features news filter, stealth mode, time management, email/push notifications, Friday exit system.
Ready-to-install MetaTrader files — nothing extra, nothing hidden.
Expert Advisor and presets files to download
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GOLD Scalper PRO can be downloaded at Product Page . The EA is priced at (promo price, regular ) for purchase, and a free demo version is available for testing. After purchase, download the .ex4 file and install it in your MetaTrader 4 Experts folder.
To install GOLD Scalper PRO, copy the .ex4 file to your MetaTrader 4 Experts folder (usually located at Program Files/MetaTrader 4/MQL4/Experts). Restart MT4, then attach the EA to M1 or M15 chart on XAUUSD (GOLD/USD) symbol. It makes no difference for the EA which chart you use, as all used timeframes are hard-coded. Test the EA on a demo account first to get familiar with all features and settings.
The market impulse and correction strategy uses the most proven trading principle since markets exist – position entry in the direction of a distinctive market impulse and a following correction. The EA identifies market impulses and waits for corrections to enter trades. This principle has been proven rock solid and widely exploited by "Smart Money" traders. The developer has used this trading pattern for more than 15 years in different trading systems.
Recommended settings include: Ensure AutoMM function calculates the right lot size (AutoMM=1 should open approximately 0.1 lot at k account size), make sure spread does not exceed 400 pips (40 cents) in XAUUSD, use Auto MM=2% (low risk) up to 10% (high risk) according to your account and risk expectations, enable news filter to avoid trading during high-impact news, configure time management system, and use Friday exit system. Reasonable fixed Lot size is 0.05 on 1k account balance, or 0.5 lots on 10k account balance. Refer to the developer's blog for complete list of settings.
No, GOLD Scalper PRO is not a grid, martingale, or other risky strategy – it is a classical trading strategy by textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic. The EA features strong, pure and simple trading logic with few parameters needed to be profitable, avoiding curve-fitted systems with hundreds of parameters. This makes it suitable for risk-conscious traders who prefer safe trading approaches.