GOLD Scalper Straddle Propfirm Version
- Experts
- Version: 1.0
- Activations: 5
Scalping_Propfirm_Version MT5
Overview
Scalping_Propfirm_Version is a MetaTrader 5 Expert Advisor built for prop-firm challenges and funded accounts. It trades structural swing breakouts with defined risk on every position, manages trades automatically through a selectable trailing engine, and enforces prop-firm rules directly inside the EA so the account stays protected even when you're not watching.
It also ships with a live on-chart dashboard that tracks your challenge progress in real time.
What It Does
Scalping_Propfirm_Version doesn't chase the market. It waits for confirmed swing highs and lows, places Buy Stop and Sell Stop orders at those structural levels, and lets the market come to it. Every trade carries a fixed Stop Loss and Take Profit from the moment it's opened, and every position is managed on its own.
No grid. No martingale. No stacking. No recovery cycles.
Just clean breakout entries with defined risk and disciplined exits.
Every trade is sized according to your chosen risk model, fixed lots, or a percentage of balance, equity, or free margin. Take Profit and Stop Loss can be set in fixed pips or as a percentage of price, letting the same EA run on Forex, indices, or crypto without changing its logic.
Once a trade is in profit, the trailing engine takes over. You choose how it trails by a fixed point distance, by the previous candle's high/low, by a fast moving average, or by the Ichimoku Tenkan-sen line. Whichever mode you pick, the EA moves the stop toward breakeven first, then trails it forward, never letting it move against the trade.
Around the trading logic sits a full compliance layer. The EA checks RSI extremes, moving-average extension, upcoming high-impact news, the day of the week, and your prop-firm drawdown and profit targets before every entry. If any of them is out of line, it stops trading, closes exposure, and tells you why on the chart and in the log. The chart background changes color so you know instantly the EA is inactive.
Trading hours are fully configurable, and pending orders are cleaned up automatically outside your session window.
The Dashboard
A built-in on-chart panel gives you a live view of your challenge at a glance. It tracks your beginning balance, equity high, drawdown percentage, and profit percentage each shown across today, the last 7 days, the last 30 days, and all-time since the challenge began.
The panel refreshes on every new bar and is fully customizable in size, colors, and font. No external tools, no spreadsheets, no third-party dashboards everything you need to monitor your challenge sits directly on the chart.
Why Traders Choose Scalping_Propfirm_Version
· Purpose-built for prop-firm challenges
· No grid, no martingale
· Stop Loss on every position
· Independent trade management
· Four trailing modes
· Four position-sizing models
· News, RSI, MA, and Day filters built in
· Live challenge dashboard on chart
· Automatic drawdown protection
· Plug & Play with optimized defaults
Minimum Requirements & Recommendations
· Platform: MetaTrader 5
· Account Type: Hedging recommended
· Timeframe: Default M5 (configurable)
· Symbol: Forex, Indices, or Crypto
· VPS: Mandatory for uninterrupted 24/5 operation
· Broker: Low-spread / ECN / RAW accounts preferred
Disclaimer
Trading forex, CFDs, and prop-firm challenges involves substantial risk. Past performance does not guarantee future results. Test on a demo account before using real capital. Scalping_Propfirm_Version is selective by design some periods may produce few or no trades.
The EA doesn't chase the market. It waits. It executes. It protects.
