Gold Scalper Advanced
- Experts
- Version: 1.0
- Activations: 8
GOLD SCAPER ADVANCED
Automated breakout Expert Advisor for XAUUSD on MetaTrader 5.
IMPORTANT - PLEASE READ
Gold Scaper Advanced is not a holy-grail system. Losing trades, drawdown and quiet periods are normal. Do not judge an EA from a few trades or one or two weeks. Use proper money management and test on a demo account first.
ABOUT GOLD SCALPER ADVANCED
Gold Scaper Advanced is a multi-strategy breakout EA built for XAUUSD. It runs up to nine independent strategies from one chart. Each strategy finds swing highs and lows on its own timeframe (from H1 to D1) and places pending Buy Stop and Sell Stop orders beyond those levels. Pending orders that are not triggered expire automatically.
Every position has its own Stop Loss and Take Profit. The EA does not use martingale, lot multiplication, loss averaging or larger trades after a loss.
Just attach it to an XAUUSD chart (H1 recommended). No complicated setup is needed.
REQUIREMENTS
- Symbol: XAUUSD
- Recommended timeframe: H1
- Minimum recommended balance: 50 USD
- Account type: Hedging recommended
- A low-spread broker and a reliable VPS are recommended
CHOOSE YOUR SETUP (by account balance)
Setup / Recommended balance / Active strategies
- Auto (default) / Automatic by balance / 3 strategies below 100 USD, 5 from 100 USD, 7 from 500 USD, all 9 from 1000 USD
- Extreme Conservative / 50 USD / Strategies 1 to 3
- Moderate / 100 - 500 USD / Strategies 1 to 7
- Extreme / 1000 USD / All 9 strategies
Enabling more strategies increases trade frequency and the number of positions open at once. It does not guarantee higher profit.
STOP LOSS, TAKE PROFIT AND PROTECTION
Each position is managed with:
- Stop Loss and Take Profit set after entry
- Trailing Stop Loss and trailing Take Profit
- Break-even
- Trailing Stop Loss based on H1 swing highs and lows
- Fake breakout filter: closes a trade when a candle closes against it (Off, Low = M1, Medium = M1 + M15, High = M1 + M15 + H1)
Distances are scaled to the gold price level, so the settings stay consistent when gold moves to different price ranges.
LOT SIZE AND RISK
Three methods are available:
- Automatic lot size (default), based on your balance and the active strategies
- Fixed lot
- Risk % of balance, calculated from the Stop Loss distance
Risk applies per trade. If several strategies hold positions together, total account exposure can be higher than the risk of one trade. Free margin is checked before pending orders are placed.
NEWS, WEEKEND AND SPREAD PROTECTION
- News filter based on the MT5 economic calendar (USD by default; High and Medium impact enabled by default). It pauses new entries before and after the news and removes pending orders. It can optionally close open trades.
- Friday close: all trades and pending orders are closed at the end of the week (server time). New orders are not placed after that.
- Spread control: pending orders too close to the market during high spread are removed.
- Optional maximum daily drawdown limit for prop firm accounts.
The MT5 economic calendar is not available in the Strategy Tester, so the news filter has no effect in backtests. No EA can guarantee that a broker will cancel a pending order before it triggers, or that a position will close at an exact price.
ON-CHART PANEL
The panel shows the symbol, daily, weekly, monthly and total results, and the news filter status (FREE, BLOCKED or OFF). The chart theme and background can be turned off.
MAIN INPUTS
- Choose the account balance (strategy set)
- Lot size calculation method, Start lots, Risk % of balance
- News filter settings (impact, minutes before and after, currencies, close or delete options)
- Maximum daily drawdown
- Show info panel
- Magic number and order comment
BACKTESTING AND RISK NOTICE
Use Every tick based on real ticks with realistic spreads and trading costs. Backtests cannot reproduce every live fill, spread spike or slippage event. Stop Loss cannot guarantee an exact maximum loss, especially during news and fast markets. Trading XAUUSD and CFDs involves financial risk. Losses and drawdown are possible. Historical performance does not guarantee future results. Trade only with money you can afford to lose.
