Gold Scalper MACD
- Experts
- Version: 1.0
- Activations: 5
GoldEdge MACD H1 (XAUUSD only)
This Expert Advisor is built and calibrated for Gold (XAUUSD). It does not open trades when attached to a different symbol (EUR/USD, GBP/USD, etc.); this is a built-in safety restriction.
| Symbol | XAUUSD (Gold) |
| Timeframe | H1 |
| Tested from | 2023 |
| Settings | Default or customized |
| Brokers | Any, low spreads recommended |
| Minimum deposit | 500 USD or equivalent |
| Market entry method | Market order |
| Tester method | Tick by tick and open price only |
Overview
GoldEdge MACD H1 is a rules-based Expert Advisor built for XAUUSD. Its logic was developed and tested using historical price data.
The Expert Advisor is designed around a trend-following approach: a trade is only opened when momentum shifts in the same direction as the broader underlying trend, rather than on a single crossover.
Entry logic
GoldEdge MACD H1 does not open a trade on every bar. Before a position is opened, the Expert Advisor checks that the broader trend direction and a momentum shift agree with each other.
A position is opened only when these conditions occur at the same time, in the same direction. Because this Expert Advisor works on the H1 timeframe, setups form less frequently than on lower timeframes, and trades are generally held longer with wider targets. Depending on market conditions, some weeks produce several setups and others produce none. This is part of how the entry logic is designed.
Trade management
How each trade is managed after entry:
The Stop Loss is set based on recent market volatility rather than a fixed distance.
Depending on the settings chosen, position size is either calculated from a risk percentage and the distance to the Stop Loss for that trade, or set as a fixed lot size.
Each signal is split into three separate targets, so parts of the position can close at different levels instead of all at once.
After the first target is reached, the Stop Loss on the remaining positions is moved to the entry price.
If the terminal disconnects or restarts, GoldEdge MACD H1 reloads its saved state and checks what happened while it was offline.
The Expert Advisor does not use grid or martingale techniques, and does not use unlimited recovery cycles. Each position is sized and managed independently from entry to exit.
Summary of features
Built for XAUUSD.
Entry logic based on a trend filter combined with a momentum shift.
Wider, trend-following targets suited to the H1 timeframe.
Position sizing based on a risk percentage or a fixed lot, depending on settings.
Three-level partial exits with a breakeven step after the first target.
Saved state that is restored after a restart or disconnection.
Runs automatically once attached to a chart, with default settings provided for all inputs.
How it works
Attach GoldEdge MACD H1 to an XAUUSD chart and set the desired risk percentage or fixed lot size.
The Expert Advisor monitors the market and checks its entry conditions on each new H1 bar.
When the conditions are met, GoldEdge MACD H1 calculates the position size and opens a position split across three targets.
Each position is managed automatically, including the Stop Loss adjustment after the first target.
Requirements
Symbol: XAUUSD (Gold)
Timeframe: H1
Account type: Hedging (required, since the Expert Advisor manages several positions at once per signal)
Minimum deposit: 500 USD or equivalent
A virtual private server (VPS) is recommended to keep the Expert Advisor running without interruptions from a local internet or power outage.
Disclaimer
Trading Gold and CFDs involves risk and may not be suitable for every investor. Past performance, including backtest results, does not guarantee future results, and losses are possible. Results may vary between brokers and accounts due to differences in spreads, slippage, execution, and liquidity. Testing on a demo account before live use is recommended.
