Gold sculper

GoldScalper is a simple, reliable Expert Advisor (EA) for MetaTrader. It is a Pure Price Action Mean-Reversion Scalper made especially for XAUUSD on the M1 timeframe, but it works safely on any symbol.

Advantages (Why traders love it)

  • Pure price action only – no lagging indicators, no complicated settings. It reads the previous candle and waits for a clean pullback.
  • Exact $2 risk & $2 profit every trade – fixed dollar risk/reward (1:1). You always know exactly how much you can lose or win.
  • Super safe & error-proof – automatically avoids high spread, bad trading hours, low margin, and broker stop-level errors.
  • One trade at a time – never doubles up or over-trades.
  • Fast scalping – designed for quick 1-minute moves in Gold.
  • Beginner-friendly – just attach it and let it work. Very few inputs to change.
  • Market-ready – fully tested and validated for the MQL5 Market.

Key Features

  • Trades only on new bars (clean logic, no spam).
  • Requires a strong previous candle before it considers a trade.
  • Mean-reversion style: waits for a deep pullback then enters against the previous candle direction.
  • Built-in spread filter, trading hours filter, and margin check.
  • Automatically adjusts lot size and stop/take-profit distances for any symbol or account currency.
  • Prints clear messages in the Experts log so you always know what it is doing.

Input Parameters (adjustible)

  • LotSize – Fixed lot size (the EA auto-normalizes it for any symbol). Default = 0.01
  • FixedRiskUSD – Exact risk per trade in USD. Default = 2.0
  • FixedProfitUSD – Exact profit target in USD . Default = 2.0
  • MagicNumber – Unique number to identify the EA’s trades. 
  • MaxSpread_Points – Maximum allowed spread before trading stops. Default = 35

TRADING HOURS FILTER

  • UseHoursFilter – Turn the time filter on or off. Default = true
  • StartHour – Trading starts at this server hour. Default = 1
  • EndHour – Trading ends at this server hour (24 = end of day). Default = 24

MEAN REVERSION FILTERS

I highly recomend forward testing as backtesting sometimes may give deceiving results.


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