Gold Scalpper EA

1. PRODUCT OVERVIEW

Gold Scalpper EA is a professional trading Expert Advisor designed specifically for trading XAUUSD (Gold)The EA implements a sophisticated trend-following scalping strategy that combines multiple technical indicators to identify high-probability trading opportunities during optimal market hours.

Key Features:

  • Exclusive Gold trading (XAUUSD only)

  • Multi-timeframe trend analysis (H1 for trend, M5 for entries)

  • Pattern recognition for entry signals

  • Advanced risk management with daily targets

  • News avoidance system

  • Pyramid trading with adjustable steps

2. TRADING STRATEGY

Strategy Logic

The EA combines three main technical analysis components:

  1. Trend Analysis (H1 Timeframe):

    • Uses 9-period and 21-period EMAs to determine market trend

    • Only trades in the direction of the trend (EMA crossover system)

  2. Entry Signals (M5 Timeframe):

    • RSI for momentum confirmation

    • Candlestick pattern recognition

  3. Signal Validation:

    • Requires both trend alignment and pattern confirmation.

    • Minimum bars between trades to prevent over-trading.

    • Trading hour restrictions for optimal market conditions.

Risk Management

  • Daily profit target (adjustable percentage)

  • Daily loss limit (safety stop)

  • Floating loss protection

  • Stop Loss and Take Profit per trade

  • Maximum pyramid steps to control exposure

News Avoidance

  • Automatically detects high-impact news times.

  • Can close positions before news events.

  • Avoids trading during volatile news periods.


When using the bot ensure that:

1. Must use XAUUSD symbol name

 - Some brokers use XAUUSDm or GOLD

 - Buyer must check their broker symbol name 

 - If different they must change InpSymbol input

2. News avoidance

  - DO NOT TRADE HIGH IMPACT NEWS WITH THIS BOT: High impact news causes slippage

  EA has built in news avoidance for this reason -SetInpHoursBeforeNews=2 for volatile markets. (Or Manually close trades 1/2 hrs before high impact news are released).

3. Must allow automated trading

 - AutoTrading button must be ON in MT5 (Optimal trading hours to use with this bot is between 1500hrs to 2100hrs).

 - Broker must allow EA trading on account type Some brokers use XAUUSD or XAUUSDm or GOLD.

 - If different user must change InpSymbol input when attaching trading bot to Chart. 

3. Recommended account type

    - ECN or Raw Spread account

    - Minimum $500 balance recommended

    - Leverage 1:100 or higher recommended

4. VPS recommended - EA must run 24 hours

    - PC must stay on or use a VPS

    - Recommended VPS providers: Vultr, Contabo, MT4/MT5 VPS

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William Brandon Autry
5 (19)
BYRDI - The Distributed Trading Network That Coordinates the Portfolio. Most Expert Advisors see one terminal, one account, and one set of positions. BYRDI sees the wider network. BYRDI connects separate MetaTrader 5 terminals into a coordinated trading mesh. Each node can keep its own account, broker, markets, strategy, AI model, capital allocation, and risk settings while sharing the information needed for wider portfolio awareness. The network can coordinate execution, limit duplicated expos
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