TurboScalper Gold pro

GoldScalper Script

Category: Utilities (Script)
Version: 1.00
Author: Alfred Jaftha
Product Type: MQL5 Script

Overview

GoldScalper Script is a one‑click pending‑order generator for XAUUSDm, designed to lock in potential scalping entries based on H1 trend confirmation and M1 Bollinger Bands/ATR levels. Unlike an EA, this script executes a single trade setup when launched, making it ideal for traders who prefer manual control combined with algorithmic precision.

Key Features

  • Trend Confirmation: Uses H1 EMA50 and EMA200 crossover to determine bullish or bearish bias.

  • Entry Calculation: Places a BUY_STOP above the upper Bollinger Band or a SELL_STOP below the lower Bollinger Band on M1, with configurable ATR‑based offset.

  • Risk Management: Computes lot size based on equity and a user‑defined RiskPercent, with optional enforcement of minimum lot size.

  • Stop‑Level Compliance: Ensures pending price, SL and TP respect broker’s minimum stop‑level distance.

  • Customizable Parameters: All inputs (ATR period, multipliers, Bollinger settings, slippage, etc.) are exposed as script inputs.

  • Single‑Run Execution: Launch once to place one pending order; clean up of indicators occurs automatically.

Inputs

Parameter Description Default
RiskPercent % of equity risked per trade 1.0
MaxLot Maximum lot size 0.1
ATRPeriod ATR look‑back period (M1) 14
SlMultiplier SL distance = ATR * multiplier 3.0
TpMultiplier TP distance = ATR * multiplier 5.0
BBPeriod Bollinger Bands period (M1) 20
BBDeviation Bollinger Bands deviation 2.0
OffsetMultiplier Entry offset = ATR * multiplier 0.5
UseTrailing (Script) Not used –
TrailStartMultiplier (Script) Not used –
TrailStepMultiplier (Script) Not used –
PendingTimeout Pending order expiration in seconds 3600
MagicNumber Unique identifier for the order 20250508
MaxSlippagePoints Maximum slippage allowed (points) 5.0
UseMinLotOnly Force minimum lot only true

Usage

  1. In MetaTrader 5, navigate to the Scripts folder under Navigator.

  2. Drag & drop GoldScalperScript onto an XAUUSDm M1 chart.

  3. Configure any input parameters in the dialog that appears.

  4. Click OK to run; a single pending order will be placed according to the script logic.

Note: The script only executes on XAUUSDm and chart timeframe M1. If launched elsewhere, it will abort with an informational message.

Installation

  1. Copy GoldScalperScript.mq5 into your \MQL5\Scripts\ directory.

  2. Compile in the MetaEditor.

  3. Reload or restart MT5 to see the script under Navigator > Scripts.

Changelog

  • v1.00 (2025‑05‑12) — Initial release as a one‑click pending order script, with stop‑level enforcement and trend/entry logic.

Disclaimer: Trading involves risk. Past performance is not indicative of future results. Use this script at your own risk and always test on a demo account first.


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QCML Assistant MT5 Your Trading. Our Assistant. Your Edge. Looking for a tool that completely transforms your experience on MetaTrader 5? QCML Assistant is the all-in-one solution built by traders, for traders. Just one tool installed on your chart, and you get access to an ultra-complete, ultra-fast, and ultra-simple trading platform. No more hours wasted setting up your workspace. No more complicated trade entries. With QCML Assistant, everything becomes simple, smooth, and efficient right fro
Crystal Trade Manager – Advanced MT5 Risk and Trade Control Utility Overview Crystal Trade Manager (CTM) is a professional MetaTrader 5 utility designed for risk management, trade automation, and instant execution control. It provides traders with an integrated system for protecting equity, managing daily drawdowns, controlling lot sizes, and applying automation features such as automatic SL/TP, break-even, and trailing stop. The tool is suitable for manual traders, prop-firm challenge particip
AI Arbitron — an MT5 Spot vs Future Gold Arbitrage Bot designed to capture price discrepancies between correlated Spot and Future instruments through hedged, non-directional trading. Platform: MT5 Asset: Mainly Gold (XAUUSD) using Spot + Future/CFD price feeds. Core strategy: It monitors the price gap between Spot and Future. When the gap reaches your defined threshold, it opens hedged positions—typically Buy Spot + Sell Future (or the reverse depending on the gap). Exit: Positions are closed
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BTCUSDm Breakout & Retest Static TP H4 breakout • M15 retest • fixed TP • 1 % risk per trade Overview The BTCUSDm Breakout & Retest EA implements a simple, robust strategy on the BTCUSDm futures contract: Detects consolidation breakouts on the H4 timeframe. Waits for a retest of the breakout level on the M15 chart. Enters market orders with a static, reward-to-risk TP based on a configurable multiplier. All orders are sized to risk a fixed percentage of account equity, with a hard cap on maxim
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