Market / MetaTrader 4 / Experts /

Mad Gold Scalper EA

100 USD

Demo downloaded: 1 007

Published: 20 August 2021

Current version: 4.14

Mad Gold Scalper EA

Experts
AutoPip Trading Ltd
Version: 4.14
Updated: 28 January 2025
Activations: 10

This Scalper uses a Quick Trading Strategy on Gold (XAUUSD). Dynamic Trading Grid Allows better risk management. Choose Between Higher and Lower Risk settings. NEW: Advanced news filter to configure filter for each event! Economic, Fed, Jobs all have their own configured news filter! Safe stop loss and max lot size options for compatibility with funded accounts like FTMO.

Dynamic news filter doesn't apply to backtesting!

MAIN SETTINGS

Add to allowed websites: Tools>Options>Expert Advisors>Allow WebRequest - please contact for details.

Setting	Value	Description
Magic Number	101	Magic Number of EA Trades
Drawdown Protection Start	6	The trade number where the risk reduction software enables
Trailing Stop	0.0	Enables Trailing Stop once Take Profit is hit
Risk Tolerance	Low Risk	Adjust the take profit value of the trades
Drawdown Chart % Close	100	Depending on Account Balance
Drawdown Chart Money	500	Depending on Account Balance
Money Management	false	Enable/Disable Money Management
MMmultiplier	5000	Money Management multiplier per starting lot
Starting Lot	0.01	Starting Lot
Max Lots	10	Max lots open on all charts
Pause Before General News - NEW	300	Time before news not to open a new trade series
Pause Before Job News - NEW	450	Time before news not to open a new trade series
Pause Before Economic News - NEW	600	Time before news not to open a new trade series
Pause Before Fed News - NEW	600	Time before news not to open a new trade series

more...

Must1908 2022.06.11 22:55 #

I've been testing this EA for a week. My account is up 3.8% with almost no DD. Looking forward for what this EA could bring in the long run.

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Goto10 2021.10.13 16:41 #

Very good EA and excellent support from Neill

192

Thorsten Kaufmann 2021.10.09 21:18 #

Ich habe den MAD Gold Scalper EA für MT4 nur 2 Tage im Einsatz bei AUXUSD mit geringem Risiko und habe über 150,- € im Gewinn zu verzeichnen. Eine sehr gute Programmierung des EA. Ich kann den EA für Gold Trader nur wärmstens empfehlen. Danke für die tolle Möglichkeit mit professionellen Tools zu arbeiten.

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NEW: A Fully Automated strategy using price action and candle patterns to trade Gold (XAUUSD). This EA can be used on any currency but recommended for XAUUSD, EURUSD and BTCUSD Safe stop loss option for FTMO and other funded accounts. REAL BACKTEST DATA - no manipulation or backtest conditioning like other EAs! 100% Modelling Quality Backtest! USE: Default settings on XAUUSD & XAUAUD on the M15 timeframe. Use ECN account for best results. MAIN SETTINGS Setting Value Description Ma

50 USD

Filter:

Jedut 2024.04.22 13:04 #

Thank you for your replies. I have trades now. Seems good. Hope it can sustain.

Description quality and completeness:

First day of trading seems good. Will buy other EAs from Neil if this is good.

Reliability and usability:

Just experienced a 50% DD on live. Grid + martingale is dangerous.

User support - A manual will be good. Or a Q and A section. Just paste all your replies to clients there.

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Reply from developer Neill Thomas Campbell Forbes 2024.04.22 19:16 #

I’m sorry it has taken a few hours to respond but I have been travelling all day. No Forex EAs should not open trades 24/5 as this is very unreliable to predict the market 24/5. Support is best on MQL5 chat, not telegram. Mad gold scalper opens trades 5am to 7am and 4pm to 7pm GMT. Monday morning trading is avoided. You should have trades now.

mhemmy808 2022.11.02 14:52 #

Its garbage unfortunately. lots of small wins and then huge losses. It's not sustainable.. Ran on vps for 5 days and that was my experience.

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Reply from developer Neill Thomas Campbell Forbes 2024.01.04 15:28 #

I'm sorry that you have had a loss with my EA. Was your news filter configured correctly? I give all my signal and trading advice in my Telegram AutopipGoldEA. Please follow for same performance as my signals!

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carol440 2022.09.06 08:36 #

I bought this ea and its opens a buy and a sell at thesame time is this how its suppose to work?

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Reply from developer Neill Thomas Campbell Forbes 2022.09.06 08:37 #

Yes, this is correct for the strategy

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Jay Ar Pallan Abrigo 2022.07.04 16:49 #

Very Good ROBOT

Must1908 2022.06.11 22:55 #

I've been testing this EA for a week. My account is up 3.8% with almost no DD. Looking forward for what this EA could bring in the long run.

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Goto10 2021.10.13 16:41 #

Very good EA and excellent support from Neill

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Reply from developer Neill Thomas Campbell Forbes 2021.10.14 12:41 #

Thanks for the great review!

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Thorsten Kaufmann 2021.10.09 21:18 #

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Reply from developer Neill Thomas Campbell Forbes 2021.10.09 21:32 #

danke für die tolle bewertung!

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Antonio Carvalho Maciel Neto 2021.09.30 18:29 #

VERY NICE! AMAZING!

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Reply from developer Neill Thomas Campbell Forbes 2021.09.30 18:41 #

Thanks for the great review! Happy profits!

Mohammed Basulayman 2021.09.02 06:26 #

Hi I started real account today with IC-Markets broker , my plan to give review and feedback on weekly basis , this feedback can help the author for improvements.

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Reply from developer Neill Thomas Campbell Forbes 2021.09.02 07:28 #

Great, thanks!

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Kob Asi 2021.09.01 17:32 #

Amazing EA. Taking so many trades with profit. It avoids market volatility by carefully avoiding news. It trades only on strategic hours, which helps to keep drawdown very low.

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Reply from developer Neill Thomas Campbell Forbes 2021.09.01 22:05 #

Thanks for the great review!

Actoon 2021.08.23 18:31 #

User didn't leave any comment to the rating

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Reply from developer Neill Thomas Campbell Forbes 2021.09.01 22:04 #

Thanks for the great review!