Kuy Bot SMC Scalper

Overview

KUY BOT SMC Scalper is a fully automated Expert Advisor for XAUUSD (Gold). It uses three independent entry logics based on Smart Money Concepts (market structure and liquidity) and enters the market with pending Stop orders.

How It Works

The EA monitors Gold throughout the trading week and waits until the market structure confirms a setup. A trade is opened only when price moves through the confirmation level, so the EA does not chase the market or open trades just to be active.

Every position has a defined risk from the moment it is opened. It is managed on its own from entry to exit, and profit protection moves the Stop Loss forward as the trade develops.

The EA is selective by design. Some days may produce one or more trades, and other days may produce none. This is normal behaviour.

The EA is ready to use with the default settings. Attach it to an XAUUSD chart, choose your lot mode and risk level, and enable Algo Trading.

Features

• Developed for XAUUSD only.
• Three independent entry logics. Each can be switched on or off and uses its own Magic Number.
• Every order is placed with a Stop Loss and a Take Profit.
• Each position is managed individually.
• Built-in profit protection moves the Stop Loss into profit and trails it.
• Lot size by risk percentage of equity or by a fixed lot.
• Optional daily, weekly and monthly loss limits and a limit on total open risk.
• Maximum spread filter and free margin check before each order.
• On-chart information panel that can be collapsed or hidden.
• Works on hedging and netting accounts.
• Does not use martingale, grid or averaging.

Requirements

• Symbol: XAUUSD or GOLD quoted in USD.
• Timeframe: any. The result does not depend on the chart timeframe.
• Minimum deposit: 500 USD. Recommended deposit: 1,000 USD or more.
• Leverage: 1:100 or higher.
• Account type: hedging recommended. Netting is supported with one order or position at a time.
• Broker: ECN, Raw or other low-spread account for Gold.
• VPS: recommended for continuous 24/5 operation.

Input Parameters

• Enable Entry Logic 1, 2, 3 — switch each entry logic on or off.
• Lot Mode — Risk % per Trade or Fixed Lot.
• Risk per Trade (%) — risk per trade for each logic (default 2.0).
• Fixed Lot — lot size when Lot Mode is Fixed Lot (default 0.01).
• Maximum Spread (points) — no new orders above this spread, 0 = off (default 70).
• Daily, Weekly, Monthly Loss Limit (%) — stop new entries after this loss in the period, 0 = off.
• Max Total Open Risk (%) — limit on the combined risk of all open orders, 0 = off.
• Margin Check — check free margin before each order.
• Show Dashboard — show or hide the information panel.
• Magic Number Logic 1, 2, 3 — unique identifier for the orders of each logic.

Notes

• If the lot calculated from the risk percentage is below the broker's minimum lot, the minimum lot is used, so the actual risk on small accounts can be higher than the set percentage.
• Please test the EA on a demo account before using it on a real account. Trading involves risk, and past results do not guarantee future results.

Updates and Support

• MQL5 channel for updates and setup tips: KUY BOT Scalper channel
• For support, please use the Comments section of this product or send a private message on MQL5.