Specification
I need a high-speed Expert Advisor (EA) for MT5 designed specifically for XAUUSD (Gold) scalping.
The bot should focus on fast entries and quick profits with high efficiency.
Main requirements:
1. Symbol: XAUUSD (Gold only).
2. Platform: MetaTrader 5.
3. Strategy type: Scalping (fast trades, quick profit).
4. The bot should open trades frequently based on fast market movements.
5. Small Take Profit (quick profit capture).
6. Smart Stop Loss to protect capital.
7. Very fast execution logic (optimized for speed).
Risk Management:
- Adjustable lot size.
- Option for fixed lot or risk percentage.
- Maximum one or limited number of trades at the same time.
- Daily profit target (optional).
- Daily loss limit protection.
Trade Management:
- Trailing stop (for locking profits quickly).
- Break-even function.
- Spread filter (avoid trading during high spread).
- Slippage control.
Additional Features:
- Trading session filter (optional).
- Works best on M1 or M5 timeframe.
- Optimized for volatile market conditions (Gold).
- Inputs must be fully customizable.
Goal:
The EA should aim to generate frequent small profits with high accuracy and fast execution.
Deliverables:
- EX5 compiled file
- MQ5 source code
- Setup instructions
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