My Trading

LL Gold Scalper EA - Trader's Guide | FAQs | Set Files

25 July 2025, 11:50
Leopoldo Licari
Leopoldo Licari
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TRADER'S GUIDE:

I decided, in order to share more information about my routine of using the EA, to write a short guide. I hope to be as clear and concise as possible and to satisfy all the requests and questions you may have.
First of all, let's clarify what LL Gold Scalper EA is.

It is an ExpertAdvisor developed exclusively for the MetaTrader5 platform, it allows to trade following the trend, to open offsetting orders with the dynamic distance grid system, to hedge (both buy and sell together), to apply a reduction of the DD using the largest orders to eliminate the loss of the smaller ones. (depending on the setting).
Let's first clarify by saying that the EA, in my opinion, should not be used with less than 10,000 in balance. A hedge account is required (no netting), and leverage must be 1:500 or higher.
These requirements are essential for basic trading, potential DD fluctuations, available margin to open large-lot orders with an active multiplier, and the subsequent recovery of losing orders.
The EA can operate in either a set-and-forget mode or under the trader's control.
This depends largely on the type of set used. The distance, the lot multiplier, and the number of orders from which to reduce the DD interact with each other and allow you to increase or decrease the level of risk and profit.
The code was written to perform entry, management and closing of positions in the shortest time and with the least possible latency.
The EA can be backtested taking into account the values used.

So here are my tips for using EA correctly and making the most of its potential.

  • - Use an account with a RAW spread, hedge, and leverage of 1:500 or higher.
  • - Use a minimum balance of 10,000 to ensure the necessary trading.
  • - The choice of timeframe affects the level of risk: the shorter the timeframe (M1, M5), the greater the order frequency and the risk/reward. Conversely, the longer the timeframe (M15, M30), the lower the frequency and the risk/reward.
  • - Don't use a martingale multiplier (x2), because it overexposes you too much. Instead, use a multiplier greater than 1 and less than 2 (1.5, for example).
  • - Don't use a distance that's too short for recovery orders, because that can easily overexpose you.
  • - The number of Orders to close in Overlap mode allows you to decide from which order to close the smallest losing orders with the profits of the largest ones.
  • - Dynamic distance allows you to further extend the grid and apply a multiplier to the distance itself, so that larger orders open after more space than the previous one.
  • - You can decide from which number of orders to use dynamic distance.

The settings you'll find attached below are the ones I personally use and are based on my optimization; there's nothing stopping you from finding the ones that work best for you.
Please note that I won't include SL in these settings, because everyone must decide what level of risk to take. Personally, I wouldn't go beyond 30% of the account and 50% of the margin level.
#ll gold scalper ea