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GOLD Scalper PRO MT5

197 USD

Demo downloaded: 3 581

Published: 27 December 2018

Current version: 1.70

GOLD Scalper PRO MT5

4.35

Experts
Lachezar Krastev
Version: 1.70
Updated: 12 June 2024
Activations: 5

PROMOTION: BUY 1 GET 1 FREE! --> Buy GOLD Scalper PRO with -50% OFF + 1 FREE EA (of your choice)!

NOTE: Promo price: $197 (Regular Price: $397) - The offer ends soon!

For more info about the promotion and possible free EAs, contact me!

GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for trading GOLD (XAUUSD).

I have used the most proven trading principle since the market exist – namely a position entry in the direction of a distinctive market impulse and a following correction. This principle has been proven rock solid since the markets exist and it has been widely exploited by the “Smart Money” traders. I know this, because I am using this trading pattern more than 15 years in a different way in many trading systems and it just does not fail.

GOLD Scalper Pro is not just another curve fitted system with a hundred parameters. On the contrary - the trading logic is so strong and reliable, so it needs a few parameters to be profitable.

GOLD Scalper Pro is not a grid, martingale, or other risky strategy – it is a classical trading strategy by a textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic.

There is a MT4 version too! Click here to check it!

Here are the key features, which make GOLD Scalper Pro a very good trading system:

Strong, pure and simple trading logic
Highly effective exit algorithm
24/5 trading, without any time restrictions – no GMT shift hassles
Reasonable TP and SL levels - plus optional ATR based algorithm
Low drawdown
Solid 14-year backtest performance
In addition, I have performed 99.9% quality Real Tick and Real Spread backtests, which prove that GOLD Scalper Pro is profitable under real market conditions..

As well GOLD Scalper Pro, is equipped with many PRO features like:

Advanced News Filter
Stealth mode
Advanced Time Management System
Email and Push Notification system
Friday Exit System

Instructions and recommendations:

Please, test the GOLD Scalper Pro on a demo account first in order to get familiar with all features and settings! Especially the lot size could differ between the brokers (normally it is 100 ounces per lot), so it is very important to make sure that the AutoMM function calculates the right lot size, which should be approximately 0.1 lot (10 ounces) at $10k account size and AutoMM=1. Respectively 0.01 lots with AutoMM=1 for account size $1000. For reference only, AutoMM=5 should open 0.05 lots on $1000 account balance.
Make sure that the spread of your broker in normal conditions does not exceed 400 pips (4 cents) in XAUUSD (GOLD/USD)! You can use Auto MM=2% (low risk) up to 10% (high risk), according to the significance of your account and your risk and profit expectations.Reasonable fixed Lot size is 0.05 on 1k account balance, or 0.5 lots on 10К account balance.

You can run the EA on M1 or M15 chart – it makes no difference for the EA, as all used time-frames are hard-coded.

You can backtest and optimize the EA on M1 chart by “open price only” method – this will be correct enough and you will save a lot of time..

Finally, please, bear in mind that Holy Grail in trading does not exist! Even the best system suffers some bad periods. GOLD Scalper PRO is using very reasonable SL levels, so they can get hit /even repeatedly/ in bad market condition. Please, do not leave negative comments after every SL hit, or losing trade!

GOLD Scalper PRO Settings

FixedLots
AutoMM
Magic
EA_Coment
MaxSpread
Slippage
StealthMode
CloseOnlyOnProfit
.....

For more info and COMPLETE LIST OF SETTINGS and LIVE Results, visit the blog! Click here!

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

If you want to be notified of my new products, please add me as a friend! I regularly publish new forex robots!

more...

195

Hady Asmaʿyl 2024.03.12 12:59 #

Already own other EA from the developer. Reliable

559

norio66 2024.01.16 08:21 #

Have run backtest and it looks promising. Now running it on demo account. The manual explains things well and the EA has many parameters to easily make optimization for my broker/account type.

1385

Savell Martin 2024.01.07 17:43 #

So far so good! Been using it for a few weeks and the trades have been awesome!

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The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L

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MACD Trend EA is based on the popular forex indicator MACD (Moving Average Convergence Divergence). It is fully automated trading expert advisor and completely FREE! As the name suggests, this expert advisor uses a trend-following strategy and uses the MACD indicator to detect the beginning of uptrends and downtrends. MACD Trend EA Top Features - Trend Following Strategy - Money Management - Advanced Exit System + TP and SL - Trailing Stop System - Broker protection System - Custom Magic

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BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, exe

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Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig

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Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)

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Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the

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Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that “highly profitable – low risk strategy” is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management

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Filter:

Bi0haz4 2024.04.15 09:33 #

Stay away from their bots, Forex Gold Investor almost wiped out my accounts on friday 12th April 2024 if I hadn't stopped it manually. I wonder why their official Myfxbook has been deleted. I don't trust them any longer and nobody should.

180

Erik Tentler 2024.03.22 16:11 #

купил в прошлое воскресенье, прошла неделя уже пятница не была открыта одна сделка пока что минусовая. Буду тестировать месяц -2 если не будет хорошего опыта придется совершить возврат. Сейчас дополнительно я должен получить еще один робот бесплатно для инвестиции и я его тоже проверю, надеюсь будет всё хорошо. я торгую сам но мне интересен опыт с роботами. если что изменится я оставлю дополнительный комментарий через 2 месяца:)

195

Hady Asmaʿyl 2024.03.12 12:59 #

Already own other EA from the developer. Reliable

Odilon Serge Anagonou 2024.03.11 12:28 #

User didn't leave any comment to the rating

Phil 2024.01.23 10:34 #

So far very good EA! Not perfect but tbh a perfect EA doesn't exist. Of course there will be losses but the majority of trades (using it for 6 months now) was very good an positive. It's mandatory to search for your own SL and TP targets in the Tester, default settings are not the best and not for every account. Nevertheless good settings are quickly found and the auto trading is overall awesome. And don't complain about slow trading, this can be changed in the settings but then its faster and more unreliable, so choose yourself.

559

norio66 2024.01.16 08:21 #

Have run backtest and it looks promising. Now running it on demo account. The manual explains things well and the EA has many parameters to easily make optimization for my broker/account type.

1385

Savell Martin 2024.01.07 17:43 #

So far so good! Been using it for a few weeks and the trades have been awesome!

187

Zack126 2023.09.25 11:58 #

Comprado en oferta (sino entonces no creo que lo hubiera comprado 😅), en los resultados de backtest son buenos, esperemos como se comporta en el mercado en vivo y ya editare mi reseña.

Tôn Lê 2023.09.06 15:43 #

After 2 months of testing, if you use manual trading, it will burn out your account due to a lack of your knowledge and huge stoploss default setting. Autotrading is also rare and is only good for trading before 2021.

nguyentrongtuan 2023.08.28 09:42 #

I just bought it and will be testing it for a while, very happy to receive enthusiastic help from the author

290

Neris Gonzalez Martinez 2023.06.19 15:11 #

Slow and steady. If you are looking for very low risk non martingale EA, this is your pick. Very stable and concistent.

Adrian Schuierer 2023.06.14 09:54 #

Hi bought this EA I will start to try it

524

bob thomson 2023.05.19 10:41 #

it burned all the profits of the last year ...

161

Asphyx Events 2023.04.27 13:35 #

User didn't leave any comment to the rating

942

Marlo Rey R Diamante 2023.03.20 12:43 #

Result of signal accounts looks promising. Currently testing on demo account.

420

Dzeraldas Prialgauskis 2022.06.01 15:02 #

EA running Live for a week, all trades in profit, even manual trade performing very well gives a good signal. Thanks.

175

rvcarnei 2022.05.17 14:42 #

This is an EA with precision and safety. Best support and highly optimized Bot.

978

GRUMPY MONKEY 2022.01.28 14:22 #

This looks to be a great EA. Keeping lot sizes low, it's simplicity and effectiveness can produce steady profits. :)

2862

Xiaolei Lu 2021.08.17 15:33 #

User didn't leave any comment to the rating

romanzubrik 2021.01.12 15:11 #

Testing on the demo account turned out great. Very profitable

Version 1.70 2024.06.12

I have optimized the code of Gold Scalper PRO according to latest MQL4/5 language requirements.
I have changed the colors of the information box.
I have added a new parameter ShowButtons. By default its value is true. If you wish to hide the buttons on the information box then set ShowButtons=false.
I have published a new grid .set file with more conservative settings. You can find the new .set file on the blog. Check product description for link to the blog!
NOTE: Although the default settings of Gold Scalper PRO are profitable enough some traders want to use the grid system. Therefore i try to offer them different kind of settings which activates the grid system. The grid system is optional and disabled by default. You can activate it only by using the grid .set files which i have provided.

Version 1.60 2023.09.05

I have fixed a small bug related to the Time Management System.

Version 1.50 2022.05.10

A small change in the EA code.

Version 1.41 2021.09.15

I have fixed a small bug in the RecoveryMode system.

Version 1.4 2021.07.13

I have added GRID system in GOLD Scalper PRO by request of my users. It is optional. By default it is disabled. If someone want to use it then please check the blog for more info: https://www.mql5.com/en/blogs/post/723172

Version 1.3 2021.03.15

- I have added two new parameters LongTrades and ShortTrades which allow opening only of long traders, only of short trades or both.
- Comment "-Manual" will be added as an additional text on the comments of manually opened trades. Just to be more easy to separate manual trades from automatic trade.

Version 1.2 2020.04.22

RecoveryMode is added in the new version 1.2 of GOLD Scalper PRO. RecoveryMode is an advanced system for loss recovery. When enabled the EA will increase the lot size with small amounts after each loss until all previous losses are compensated successfully. RecoveryMode works when AutoMM is enabled (AutoMM > 0). Pay attention to AutoMM_Max - it is the maximal allowed risk during recovery process.

Version 1.1 2019.08.07

A small bug related to the Time Management System is fixed.