Tillu Gold Scalper
- Experts
- Version: 1.11
- Activations: 20
Specially designed for investors who are looking for low equity experience, as low as UD 200. A fast M1 momentum scalper for XAUUSD (Gold). EMA crossover entries confirmed by RSI and MACD, a stop loss and take
take profit on every trade, trailing stop, and built-in daily and total drawdown protection.
Tillu Gold Scalper trades short-term momentum on the one-minute chart. It looks for a fresh crossover of a fast and a slow exponential moving average and only acts when RSI and MACD agree with the direction. Every trade is opened with a stop loss and take profit, and a trailing stop locks in profit as the move develops.
The EA holds one position at a time. When an opposite signal appears it closes the current position and reverses. Drawdown limits, a Friday close and a spread filter help keep risk under control, and a compact on-chart panel shows the EA's status at a glanceInput parameters – It works well and tested on Default settings
| Input | Default | Description |
| Order comment | Tillu Gold Scalper | Comment attached to each order |
| Close positions on Friday | true | Enable the Friday close |
| Friday close hour / minute | 21:00 | Friday close time (server time) |
| Magic number | 18703 | Identifies this EA's trades |
| Lot size | 0.01 | Volume per trade |
| Only this EA's positions block entries | true | If false, any open position on the symbol blocks new entries |
| Show dashboard panel | true | Show the on-chart panel |
| Max total equity drawdown % | 50 | Close all and stop trading |
| Max daily equity drawdown % | 50 | Close all and stop for the day |
| Max spread (points) | 20 | 0 = disabled |
| Trailing start / distance (points) | 20 / 20 | Trailing stop settings |
| Max slippage (points) | 10 | Allowed price deviation |
| Use fixed SL/TP | true | false = ATR-based SL/TP |
| Fixed stop loss / take profit (points) | 2500 / 700 | Used when fixed SL/TP is on |
| Fast / slow EMA | 8 / 21 | Crossover periods |
| RSI period / overbought / oversold | 14 / 70 / 30 | RSI confirmation |
| ATR period / SL / TP multipliers | 14 / 5 / 10 | Used when fixed SL/TP is off |
Point values depend on your broker's price format. On a 2-digit Gold quote, 700 points = 7.00 USD price distance; on a 3-digit quote it is 0.70. Adjust SL, TP, trailing and spread settings if your broker quotes Gold with 3 digits.
• Risk/reward: the stop loss is wider than the take profit by default (2500 vs 700 points), so the strategy relies on a high win rate. A run of stop-outs can outweigh many small wins. Size your lots accordingly.
• Account-level drawdown: drawdown limits are measured on account equity, so trades from other EAs on the same account also count.
• Broker conditions: scalping results depend heavily on spread, commission and execution speed. Test with your broker's real conditions.
• Test first: test the settings in the Strategy Tester ("Every tick based on real ticks") and on a demo account before trading live.
Trading foreign exchange and precious metals on margin carries a high level of risk and may not be suitable for all investors. You could lose some or all of your deposit. Past performance, including backtest results, is not a guarantee of future results. Tillu Gold Scalper is a trading tool and does not constitute financial advice. Use it only with funds you can afford to lose.
