FxGoldFire Scalper EA
- Experts
- Version: 1.24
- Updated: 6 July 2026
- Activations: 10
Professional Gold Scalper for XAUUSD
The FxGoldFire Scalper EA has been specifically developed for automated Gold (XAUUSD) trading on MetaTrader 4.
The Expert Advisor continuously analyzes market conditions using proven technical indicators and automatically opens trades according to current market opportunities. Special attention has been given to controlled risk management and flexible trading parameters.
The EA is suitable for both private trading accounts and prop firm accounts and includes multiple protection mechanisms designed to limit losses and drawdowns.
Why Choose FxGoldFire Scalper EA?
✔ Fully automated trading
✔ Optimized specifically for Gold (XAUUSD)
✔ Selectable Conservative or Extreme trading mode
✔ Built-in Trailing Stop
✔ Spread Filter
✔ Advanced account protection features
✔ Prop firm compliant risk management
✔ Flexible trading schedule
✔ Easy installation and operation
Trading Logic
The FxGoldFire Scalper EA utilizes market movements and volatility fluctuations to identify short-term trading opportunities in the Gold market.
The market analysis incorporates several components, including:
- Parabolic SAR
- Volatility Bands
- Dynamic Trade Acceleration
- Spread Filter
- Trailing Stop Management
The combination of these elements enables automatic adaptation to changing market conditions.
Trading Modes
Conservative Mode
The Conservative Mode reduces the number of trading signals and focuses on high-quality trade opportunities.
Suitable for:
- Long-term account stability
- Lower risk exposure
- Prop firm accounts
Extreme Mode
The Extreme Mode increases trading activity and takes advantage of more market movements.
Suitable for:
- Experienced traders
- Higher return objectives
- Higher risk tolerance
Settings
Trade Frequency:
- Conservative: Fewer trades with a stronger focus on safety and account stability.
- Extreme: Increased trading frequency with higher profit potential and higher risk. Weekly profit withdrawals are recommended.
SAR Period: Parameter of the Parabolic SAR indicator, especially relevant in Extreme Mode.
Bands Period: Parameter of the Volatility Bands indicator, especially relevant in Conservative Mode.
Step: Trading step size in points.
Acceleration: Trade acceleration factor for generating new positions.
Trailing Stop: Dynamic Stop Loss adjustment in points.
Stop Loss: Fixed Stop Loss in points.
Fix Lots: Opens every trade with the same lot size.
Max Spread: Maximum allowed spread for opening new trades.
EA Magic Number: Freely selectable identifier, important when multiple EAs are running on the same account.
Color: Trade color displayed on the chart.
Prop Firm Trading Settings
→ Daily Protection
Max Daily Loss Currency: Maximum allowed daily loss in account currency.
Max Daily Drawdown (%): Maximum daily drawdown percentage.
Max Losing Trades per Day: Maximum number of losing trades allowed per day.
Daily Reset Hour: Server time when daily statistics are reset (0 = broker reset).
→ Account Protection
Min Equity: Minimum account equity.
Max Equity: Maximum account equity.
Max Open Trades: Maximum number of simultaneously open trades.
Trading Days & Hours
Define on which days and at what times the EA may open trades.
Trading Days: Allowed trading days ("12345"), where 1 = Monday, 2 = Tuesday, ..., 5 = Friday.
Start Trading: Broker time from which new trades may be opened.
Stop Trading: Broker time until which new trades may be opened.
Close Trades at Non-Trading Time:
- Close All Trades: All trades are closed when trading hours end, regardless of profit or loss.
- Close Only Profitable Trades: Only profitable positions are closed, while losing trades remain managed by the EA.
Holiday Date Start & Holiday Date Stop: Trading is disabled during the specified period regardless of trading hour settings.
Close Trades: Uses the same logic described above.
Integrated Account Protection
Our Expert Advisor is fully compatible with prop firm trading requirements.
FTMO is one of the leading prop firms. Click here to learn more about FTMO.
Daily Protection
The EA can automatically restrict trading based on:
- Maximum Daily Loss
- Maximum Daily Drawdown
- Maximum Losing Trades per Day
This significantly reduces the risk of unexpected market movements affecting account performance.
Account Protection
Additional protection mechanisms include:
- Minimum Equity Protection
- Maximum Equity Limit
- Maximum Open Positions
These features are particularly valuable for traders operating under prop firm rules and risk limits.
Flexible Trading Schedule
The FxGoldFire Scalper EA provides precise control over trading activity:
- Selectable trading days
- Custom trading sessions
- Automatic position management outside trading hours
- Holiday trading filter
This allows trading to be optimized according to broker time and market conditions.
Key Parameters
Trading
- SAR Period
- Bands Period
- Trading Step
- Acceleration
- Stop Loss
- Trailing Stop
- Fixed Lots
- Maximum Spread
Management
- Magic Number
- Trading Hours
- Trading Days
- Holiday Filter
Risk Management
- Maximum Daily Loss
- Maximum Daily Drawdown
- Maximum Losing Trades
- Minimum Equity
- Maximum Equity
- Maximum Open Trades
Recommended Settings
Symbol
XAUUSD (Gold)
Platform
MetaTrader 4
Broker
ECN or Raw Spread broker recommended.
VPS
A VPS server is recommended for 24/7 operation.
Who Is This EA Suitable For?
- Gold traders
- Scalpers
- Prop firm traders
- Part-time traders
- Traders seeking automated trading solutions
Installation
- Copy the EA into the MT4 Experts folder.
- Restart MetaTrader 4.
- Attach the EA to an XAUUSD chart.
- Enable AutoTrading.
- Select your preferred settings.
The Expert Advisor will immediately begin analyzing market conditions automatically.
Support & Updates
After purchase, you will receive:
- Regular updates
- Technical support
- Documentation
- Setup assistance
