Gold M1 Precision Scalper
- Experts
- Version: 1.5
- Activations: 5
Gold M1 Precision Scalper
Gold M1 Precision Scalper is an automated Expert Advisor developed for MetaTrader 5 and designed primarily for short-term XAUUSD (Gold) trading on the M1 timeframe.
The EA combines trend direction, momentum, market strength, volatility, spread and trading-session filters to identify short-term trading opportunities while maintaining structured risk management.
TRADING LOGIC
The Expert Advisor analyzes completed M1 candles and uses multiple confirmation layers before opening a position.
BUY CONDITIONS
A Buy setup may be generated when:
• EMA 20 is above EMA 50
• Price closes above EMA 20
• EMA 20 shows upward direction
• RSI confirms positive momentum
• The latest completed candle is bullish
• ADX and +DI confirm market strength when the ADX filter is enabled
• ATR volatility is within the configured range
• Current spread is within the allowed limit
• The configured trading session is active
• Risk protection conditions allow a new trade
SELL CONDITIONS
A Sell setup may be generated when:
• EMA 20 is below EMA 50
• Price closes below EMA 20
• EMA 20 shows downward direction
• RSI confirms negative momentum
• The latest completed candle is bearish
• ADX and -DI confirm market strength when the ADX filter is enabled
• ATR volatility is within the configured range
• Current spread is within the allowed limit
• The configured trading session is active
• Risk protection conditions allow a new trade
RISK MANAGEMENT
Gold M1 Precision Scalper includes several built-in risk management features.
• Automatic lot calculation based on available free margin and selected risk percentage
• Optional fixed lot mode
• ATR-based Stop Loss
• Risk/Reward-based Take Profit
• Daily loss protection
• Consecutive-loss protection
• Maximum one active position per symbol and Magic Number
• Maximum one new entry per M1 candle
• Optional Break-Even protection
• Optional ATR-based Trailing Stop
DEFAULT RISK SETTINGS
Risk per trade: 0.50%
Daily loss limit: 2.50%
Maximum consecutive losses: 3
Stop Loss: ATR × 1.20
Risk/Reward Ratio: 1:1.50
Trailing Stop: Disabled by default
Break-Even: Disabled by default
MARKET FILTERS
EMA 20 / EMA 50
RSI 14
ADX 14
ATR 14
Spread Filter
Trading Session Filter
The ADX and ATR filters can be enabled or disabled through the input parameters.
TRADING SESSIONS
The EA includes two configurable trading sessions based on broker server time.
This allows users to adjust trading hours according to their broker and preferred market sessions.
SPREAD PROTECTION
Because short-term Gold trading can be highly sensitive to transaction costs, the EA checks the current spread before opening a new position.
If the spread exceeds the configured maximum value, no new trade is opened.
TIMEFRAME
Recommended timeframe: M1
The strategy internally uses M1 market data for its calculations.
SYMBOL
The Expert Advisor is primarily designed and optimized for Gold / XAUUSD.
Gold symbol names can differ between brokers, for example:
XAUUSD
XAUUSDm
XAUUSD.cash
GOLD
For MQL5 Market compatibility, the EA does not rely on a mandatory hard-coded broker symbol name.
IMPORTANT
Default parameters are provided as a starting configuration and may require adjustment depending on broker specifications, spread, execution conditions and market volatility.
Historical performance does not guarantee future results.
Algorithmic trading involves financial risk. Always test the Expert Advisor in the MetaTrader 5 Strategy Tester and on a demo account before considering live trading.
