Scraper Gold
- Experts
- Version: 2.90
- Activations: 10
Scraper Gold MT5 – Multi-Strategy Breakout & Smart Execution EA
The price will rise to $45 in October.
LIVE SIGNAL
Short Description
A fully automated Expert Advisor designed specifically for XAUUSD (Gold). Features 4 independent breakout algorithms, multi-layer trailing, smart news filter, and zero grid/martingale risks.
Overview
Scraper Gold MT5 is an advanced automated trading algorithm built from the ground up to capture high-probability momentum and breakout setups in the Gold (XAUUSD) market.
Engineered with focus on capital preservation and long-term sustainability, this system completely avoids dangerous trading methods such as Grid, Martingale, or Averaging. Every position executed by Scraper Gold is strictly protected with its own Stop Loss and Take Profit from the moment it opens.
Key System Features
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4 Independent Algorithmic Engines: The EA operates four separate strategies (Scrap A, B, C, and D). Each module uses unique entry parameters, timeframes, and trailing logic, acting as an internal portfolio to diversify market exposure.
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100% Strict Risk Control: No martingale, no grid, and no open-ended positions. Every single trade relies on predefined, hard risk boundaries.
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Adaptive Trailing & Virtual Fallback: Includes dynamic trailing mechanisms to lock in gains as the market moves. Equipped with a hybrid protection logic that handles volatile market conditions or broker execution delays seamlessly.
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Integrated USD Economic News Filter: Prevents opening new pending orders or positions during high-impact USD news events (such as NFP, CPI, and FOMC) to shield your account from erratic spread widening.
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Flexible Money Management: Choose between three position-sizing models per strategy: Fixed Lot, Risk Percentage, or Risk per Balance.
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News-Week Risk Scaling: Includes a manual risk mitigation option to dynamically scale down lot sizes by 25% or 50% during highly volatile news weeks.
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Modern GUI Analytics Dashboard: Built-in visual interface directly on your chart. Displays real-time spread, execution quality, historical slippage costs, latency, and individual performance metrics for each strategy module.
Strategy Configuration & Modules
Each of the four sub-strategies (Scrap A / B / C / D) can be customized independently based on your preferences:
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Enable or Disable specific strategies
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Toggle direction bias (Buy Only, Sell Only, or Both)
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Customize Stop Loss, Take Profit, and Trailing rules
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Define individual risk allocation per module
Recommended Setup
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Asset / Instrument: XAUUSD (Gold)
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Timeframe: M15 or H1
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Minimum Balance: $100 (Recommended: $500+ for optimal risk management)
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Account Type: ECN, Raw Spread, or Low-Commission accounts
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VPS: Recommended to use a VPS with low ping (<20ms) to your broker's server
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MT5 Requirement: Enable WebRequest in MT5 options ( Tools -> Options -> Expert Advisors -> Allow WebRequest ) and add the news data URL if you wish to use the Automated News Filter.
How to Get Started
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Attach Scraper Gold MT5 to a single XAUUSD chart.
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Select your preferred Strategy Mode (Default: Scrap ALL).
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Configure your desired Money Management options under the inputs tab.
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Ensure Algo Trading is enabled in your MT5 terminal header.
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Sit back and let the algorithm monitor for valid market setups.
Note on Trade Frequency: Scraper Gold is a selective breakout algorithm. It will not force trades every hour. It waits patiently for high-probability setups across its 4 engines.
Risk Disclaimer
Trading Forex and Precious Metals on margin carries a high level of risk and may not be suitable for all investors. Past performance (including backtests or live signal performance) does not guarantee future results. Always test the Expert Advisor on a Demo Account first before deploying real capital.
