Aurex Gold EA
- Experts
-
Jawad Ali Shah Ali
Trader | EA & Utility Developer specializing in Forex, Crypto, Stocks, Algorithmic Trading, and Automated Trading Solutions. Focused on smart trading strategies, market analysis, and risk management. - Version: 1.60
- Activations: 5
GOLD APEX SCALPER Advanced XAUUSD Trading System for MetaTrader 5 Tags: XAUUSD Only | MetaTrader 5 | Scalping + Trend-Confirmed | Full Risk Management =============================================== OVERVIEW =============================================== Gold Apex Scalper is a professionally engineered Expert Advisor built exclusively for trading XAUUSD (Gold) on MetaTrader 5. It merges a fast, high-frequency scalping core with a multi-layer intelligent filtering system — giving you the trade frequency of a scalper with the discipline of an institutional risk manager. Every trade passes through six independent filters before execution. No blind entries, no revenge trading, no unmanaged risk. This is a rules-based system built for traders who want consistency, not gambling. =============================================== CORE FEATURES =============================================== Smart Entry Engine Fast EMA crossover core (M5) tuned specifically for Gold's price behavior — designed to catch momentum shifts early without over-trading noise. 6-Layer Filter System 1. ATR Volatility Filter — avoids dead markets and abnormal volatility spikes 2. Session Filter — trades only during London/New York overlap, Gold's highest-liquidity window 3. H1 + H4 Trend Confirmation — both timeframes must agree before any trade fires 4. ADX Trend-Strength Filter — skips weak, choppy/ranging conditions 5. Spread Guard — blocks execution when spread widens beyond safe limits 6. Economic News Filter — auto-pauses around high-impact USD/Gold news events (NFP, FOMC, CPI, etc.) Intelligent Risk Management - Dynamic Risk-Based Lot Sizing — position size automatically scales with account balance and your chosen risk % - Partial Profit Lock (TP1) — secures a portion of profit early, lets the rest run - Breakeven Protection — stop-loss auto-shifts to entry once trade is in profit - Trailing Stop — locks in gains as price moves further in your favor - Time-Based Exit — auto-closes stagnant trades that overstay their welcome Account Protection - Daily Max-Trade Limit — prevents overtrading on any single day - Daily Drawdown Cap — trading auto-stops once daily loss threshold is hit - Equity Kill-Switch — if floating loss crosses a set %, all positions close instantly and the EA pauses to protect your account from a bad session Broker Compatibility Works with your broker's exact Gold symbol (XAUUSD, XAUUSD.m, GOLD, etc.) — simply attach it to your broker's Gold chart. =============================================== SETUP GUIDE =============================================== Step 1 — Attach to Chart Open your broker's XAUUSD/Gold chart → any timeframe (internal logic runs on M5/H1/H4 regardless of chart TF) → drag EA onto chart → enable Algo Trading. Step 2 — Enable Required Permissions In MT5: Tools > Options > Expert Advisors → ensure "Allow Algo Trading" is enabled both globally and on the EA popup. Step 3 — Core Settings - Risk % per trade: 1.0% – 2.0% - Stop Loss: 25 pips (default) - TP1 (partial): 20 pips - TP2 (runner): 45 pips - Session hours: 07:00–20:00 (broker server time) Step 4 — Filters (leave ON for best results) ATR Filter: ON | ADX Filter: ON (min level 20) | Trend Filter (H1+H4): ON | News Filter: ON (30 min before/after high-impact events) Step 5 — Safety Caps Max trades/day: 40 | Max daily drawdown: 5% | Equity kill-switch: 8% floating loss → auto-pause 120 minutes Step 6 — Backtest First Run Strategy Tester on at least 6–12 months of M1 data before going live. Verify spread modeling matches your broker. =============================================== REQUIREMENTS =============================================== Symbol: XAUUSD only Platform: MetaTrader 5 Minimum Balance: $500 (recommended $1000+) Minimum Leverage: 1:100 Account Type: ECN / low-spread preferred VPS: Recommended for 24/5 uptime =============================================== RISK DISCLAIMER =============================================== Trading involves substantial risk. Past performance and backtest results do not guarantee future results. Spread, slippage, and execution vary by broker and directly affect live performance. Always test on a demo account first and use risk settings appropriate to your account size.
