Smart Gold Scalp M5 AutoLot

Smart Gold Scalp M5 AutoLot

Recommended for 2-digit XAUUSD brokers

Suitable for accounts starting from $100. Auto Lot settings are optimized for balances between $100 and $1,000, with built-in risk management and daily profit control.

Overview

Smart Gold Scalp M5 AutoLot is an automated Expert Advisor designed specifically for XAUUSD on the M5 timeframe.

The EA uses an EMA 9 and EMA 21 crossover strategy to identify market trends and execute trades automatically. The indicators are calculated internally by the EA and do not need to be manually added to the chart.

Features

  • EMA Crossover Strategy

  • Automatic Lot Management

  • Daily Profit Control

  • Profit Lock System

  • Built-in Risk Management

  • Designed for XAUUSD M5

Auto Lot Management

Smart Gold Scalp M5 AutoLot uses a built-in automatic lot sizing system designed to help control risk.

The EA automatically selects the trading lot size according to account balance:

  • Balance below $500 → 0.01 lot

  • Balance from $500 to below $1,000 → 0.03 lot

  • Balance $1,000 and above → 0.05 lot

To maintain a conservative risk profile, the maximum lot size is limited to 0.05 lot.

Lot size settings cannot be modified by the user. This design helps prevent excessive risk and promotes consistent long-term account management.

Daily Profit Control

The EA includes a daily profit target feature.

Once the daily profit target is reached, the EA automatically stops opening new trades for the remainder of the trading day.

This feature is designed to help traders protect profits and avoid overtrading.

Profit Lock System

The EA includes a profit lock mechanism designed to help protect accumulated profits during active trades.

When profit conditions are met and market momentum weakens, the EA may close positions to help preserve gains.

Risk Management Notice

This EA is designed with risk management principles in mind. However, no trading system can guarantee profits.

Trading Forex, Gold, and CFDs involves significant risk and may not be suitable for all investors.

Always use proper money management and trade responsibly.

Trading Philosophy

After reaching the daily profit target, the EA automatically stops opening new trades for the day.

The goal is to promote disciplined trading, protect profits, and encourage a consistent long-term approach to the market.


Disclaimer

No system can guarantee profits. Trading Forex, Gold, and CFDs carries significant risk. Use this EA responsibly and always apply sound money management.


If you are unsure about the input settings, please feel free to message me anytime. I’ll help you set up the EA with safe and proper risk management for your account.

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Real Trading Account — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra uses the same core trading logic and execution framework as the verified live signal shown above on MQL5. When running the EA with the recommended optimized settings on a reputable ECN/RAW-spread broker ( e.g., TMGM ), its live trading behavior is designed to closely follow the trade structure, risk management, and execution characteristics demonstrated by the live signal. Please note that ind
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