Zen Gold Scalper
- Experts
-
Ajaya Pokhrel
📌Hi, I’m Ajay. I’ve been trading across multiple markets(Stock, Crypto & Forex) and have built up 7 years of trading experience. I’ve traded manually before, but I discovered that automated trading is where I truly excel.
💼What I do? - Version: 1.0
- Activations: 20
Live Signal Vantage: https://www.mql5.com/en/signals/2397478
Live Signal Vantage: https://www.mql5.com/en/signals/2397478
This is not a Grid or Martingale EA. It opens only one trade at a time, with trades typically lasting just a few minutes.
- Smart entry logic designed to avoid stop loss hunting
- No Grid. No Martingale. No recovery order
- Fixed Stop Loss on all trades
- Fast execution with short trade holding times
- Places 1-2 trades per day to avoids overtrading
- Profits from real breakouts and fakeouts
⚠️ IMPORTANT!!! Contact me before purchasing to confirm broker compatibility.
💰 PRICE INCREASE: The price will increase by $50 after every 5 sales.
📩 NO TRADES? CONTACT ME!
This EA typically takes 1 per day. If it isn't placing trades on your account, please contact me, as your broker's spread conditions or spread settings may be restricting entries.
🚫 BROKERS NOT RECOMMENDED:
IC Markets and any broker offering poor trading conditions for gold.
WHAT SETS MY GOLD EA APART:
- 3 Strategies
Zen Gold Scalper uses 3 distinct strategies, giving it more ways to find potential trades than an EA built around just one.
| Feature | Strategy 1: Breakout | Strategy 2: Liquidity Grab | Strategy 3: Liquidity Grab |
|---|---|---|---|
| Market Setup | Price breaks the POI and continues | Price moves beyond the POI, the reverses | Price moves beyond the POI, the reverses |
| Trade Direction | Follows the breakout | Trades the reversal | Trades the reversal |
| Best Suited For | Strong directional moves | Failed breakouts and fakeouts | Failed breakouts and fakeouts |
| Trade Frequency | 1 trade per day | 1-8 trade per month | 8–14 trades per month |
- Profit From Liquidity Sweep
Liquidity sweeps and false breakouts happen frequently in the gold market, often trapping traders who enter too early. But what if you could take advantage of these movements instead of falling victim to them? That’s where Strategy 2 and 3 come into play. Both strategies are designed to identify liquidity sweeps and false breakouts, detect potential reversals, and turn these setups into profitable trading opportunities.
- Minimize Slippage
Slippage can be a trader’s worst nightmare, especially when trading highly volatile instruments like gold.The “Use Max Slippage” feature automatically closes trades when entry slippage exceeds your specified limit, while “Use Slippage Stop Loss Adjustment” readjusts the stop loss to maintain the intended risk despite unfavorable entry slippage.
- Favorable Risk-to-Reward Ratio
EAs with poor risk-to-reward ratios can suffer substantial drawdowns during losing streaks, and recovering those losses may require many winning trades. This is where Strategy 3 of Zen Gold Scalper stand out. It maintain a risk-to-reward ratio close to 1:1, meaning a winning trade can offset approximately one losing trade, making recovery from consecutive losses more manageable.
- 2 Smart Entry Models
Choose between Smart Entry and WM Smart Entry modes. Both are designed to identify early entries around key market levels, helping reduce exposure to stop-loss hunts. As the successor to Smart Entry, WM Smart Entry delivers slightly better overall performance.
- Prop Firm ready
With dedicated unique Firm settings, maximum drawdown controls, and adjustable risk-per-trade in %, this EA is well suited for prop firm trading. The EA also features Strategy 3, which maintains a nearly 1:1 risk-to-reward ratio. This balanced approach is particularly beneficial for prop firm challenges, as it allows losses to be recovered more efficiently compared to scalpers with large stop losses and small take profits.
- News Filter
All three strategies include customizable news filter settings to avoid trading during major news events, helping reduce exposure to volatility and slippage.This is especially useful for prop firm traders, allowing you to pause trading for specified minutes before and after high-impact news releases to comply with trading restrictions.
- Designed For Traders Who Prefer Fewer Trades
Overtrading often does more harm than good. Many overtrading EAs have eventually suffered significant drawdowns. That's why this EA is designed to take just 1-2 trades/ day, allowing traders to relax instead of staying glued to the charts under constant stress.
Backtesting:
Simply run the Strategy Tester on XAUUSD using any timeframe, as the results remain the same across all timeframes. Adjust the lot size to match your preferred risk level.
RECOMMENDATIONS:
- Timeframe: The EA is designed for Any timeframe
- Trading Pair: The EA trades exclusively on Gold (XAUUSD)
- Minimum Deposit: $200 (Strategy 1) | $400 (Strategies 2 & 3)
- Recommended brokers: Vantage, Exness, Raw or ECN brokers
- Broker Not Recommended: IC Markets or brokers with poor trading conditions
- Leverage: Minimum 1:100 | 1:500 recommended
- Required Account Type: Hedging
Summary
- 3 distinct trading strategies: 1 Breakout and 2 Liquidity Grab strategies
- Maximum slippage protection with automatic trade closure and stop-loss adjustment
- Two smart entry models: Smart Entry and WM Smart Entry
- Dedicated prop firm settings with maximum drawdown controls and adjustable risk-per-trade
- Customizable news filter across all three strategies
- Designed for lower trading frequency, typically 1–2 trades per day
Parameters:
Trade on Sunday if broker has Sunday market -> If a trade is triggered on Sunday, the EA skips Monday trading based on Sunday's key levels
Trade on Monday to Friday -> Enables the EA to place trades on these days when set to "Yes"
No Trades on Month's last Day -> Prevents the EA from opening new trades on the final day of each month
Start After 1 Min Candles -> Places trades after the specified number of initial 1-min candles have closed
Start After 1 Hour Candles -> Places trades after the specified number of initial 1-hour candles have closed
End After 1 Min Candles -> Closes pending orders after the specified number of initial 1-min candles have closed
End After 1 Hour Candles -> Closes pending orders after the specified number of initial 1-hour candles have closed
Missed Entry Settings -> In entry is missed, allows the EA to place pending order curtains pips below/below the specified no's of 1st 1 min candles
Smart Entry -> Allows you to select either Smart Entry or WM Smart Entry, along with the desired timeframe. Both entry models are designed to help avoid liquidity grabs
Use Max Slippage Setting -> Closes the open trade if entry slippage is within the “Max Allowed Entry Slippage Range (pips)”
Use Slippage Stop Loss Adjustment -> Restores the stop loss to its original value to compensate for the increase caused by unfavorable entry slippage
Use Spread Filter -> Prevents the EA from opening new trades when the spread exceeds the specified maximum value
Use Unique Prop Settings -> Enables randomized buy and sell entry buffers using the ranges defined by the Starts At and Ends At values
Use Max Daily Drawdown in % -> If set to Yes, the EA stops opening new trades once the specified maximum daily drawdown percentage is reached
Use Max Daily Drawdown in $ -> If enabled, the EA stops opening new trades once the specified daily drawdown amount in dollars is reached
Lot Method -> Selects how the EA calculates trade volume. Choose between Fixed Lot, Balance-Based, or Risk-Based (%) position sizing
Take Profit (Pips) -> Sets the take profit distance, in pips, for each trade
Stop loss (Pips) -> Sets the stop loss distance, in pips, for each trade
Use Trailing -> Enables the trailing stop feature using the configured Trailing Start, Trailing Step, and Trailing Stop Loss values
Use Breakeven Settings -> Manages breakeven protection using the configured Set Breakeven at (Pips), Use SL or TP at (Pips), and Set SL or TP Level at settings
Use Recovery Settings -> Set to Yes, the EA multiplies the lot size of the next trade after a losing trade using the configured "Lot Multiplier After Loss" value
Use Lot Multiplier Count in Losing Streak -> Limits how many consecutive losing trades can use the recovery lot multiplier before the lot size returns to its original value
Use Strategy Selection -> Allows selection of Strategy 1, Strategy 2, or Both
Min, Max Nos of Candles -> Sets the minimum and maximum candle pattern length, starting from 3 candles
Min Last Candle-to-POI Distance -> Defines how far the last candle must close from the POI for the EA to enter a trade
Max Nos of Body Impale Allowed -> Sets the maximum number of candle-body impales permitted before the EA rejects a trade
Max Nos of Wick Tests Allowed -> Defines the maximum number of wick tests permitted for a valid trade setup
Disqualify Setups Before Start Time -> When enabled, the EA rejects a setup if a setup already appeared before the specified start time
Show Horizontal and Vertical Lines -> When enabled, displays the PDH, PDL, and daily divider lines on the chart
Backtest Start Date -> Runs the backtest only from the date selected in this setting.
