Scalping Robot GOLD V1

Scalping Robot GOLD V1 is an automated trading system for MetaTrader 5, designed to trade using a candle-based straddle strategy with pending orders, trailing stop management, and reversal-order logic.

The EA places Buy Stop and Sell Stop orders at configurable distances from the current candle's opening price. When a position is opened, the robot manages the stop loss using a trailing-stop mechanism. If the position closes, the EA can attempt to place a pending order in the opposite direction.

With configurable money management, daily profit and loss protection, spread filtering, and trading-session controls, Scalping Robot GOLD V1 provides traders with a flexible framework for automated trading.

Key Features

Automated Straddle Trading

• Places Buy Stop and Sell Stop orders around the current candle open.

• Adjustable entry distance with the Gap Pips parameter.

• Automatically checks for new candle openings.

• Removes existing EA-managed pending orders when a new trading cycle begins.

Automated Reversal Logic

• Can place an opposite-direction pending order after a position closes.

• Configurable reversal distance.

• Automatically calculates the reversal order price using the last recorded stop-loss price when available.

Trailing Stop Protection

• Configurable initial stop-loss distance.

• Adjustable trailing-stop distance.

• Customizable trailing-step parameter.

• Automatic stop-loss modification as the market moves.

Flexible Money Management

Choose the trading volume calculation method that suits your trading plan:

• Risk Percentage Mode: Calculates lot size using account balance, configured risk percentage, and stop-loss distance.

• Fixed Lot Mode: Uses a user-defined lot size.

• Maximum lot-size limit.

• Free-margin usage control.

• Broker volume-step and minimum-lot validation.

Daily Profit Protection

• Configurable daily profit target.

• Optional maximum daily loss limit.

• Optional inclusion of floating profit in daily results.

• Near-target monitoring.

• Configurable fallback protection after the profit target's near-target zone is reached.

• Optional partial closing of an open position.

Basket Take Profit

Configure a floating-profit threshold to close EA-managed positions and delete pending orders when the threshold is reached.

Spread Filter

Set a maximum permitted spread for initiating new trading cycles. When the spread exceeds the configured limit, the EA waits for acceptable conditions.

Trading Session Filter

• Optional session-based trading.

• Configurable start and end hours.

• Uses broker server time.

• Supports sessions that cross midnight.

Customizable Settings

Configure the following parameters according to your strategy and broker:

• Signal timeframe

• Entry gap

• Stop-loss distance

• Trailing distance and step

• Reversal distance

• Risk percentage or fixed lot

• Maximum lot size

• Daily profit target and loss limit

• Spread limit

• Trading session

• Basket take-profit threshold

On-Chart Information Panel

The optional information panel displays the EA's current status, account balance, calculated next lot size, daily profit information, and basket floating profit.

Custom Chart Theme

An optional modern chart theme includes customized candlestick colors, a gradient background, and a clean visual presentation.

How to Get Started

1. Purchase and download Scalping Robot GOLD V1 from the MQL5 Market.

2. Install the EA in MetaTrader 5.

3. Attach it to the chart of your preferred trading symbol.

4. Configure the signal timeframe, entry gap, stop loss, trailing stop, and money-management settings.

5. Verify the pip size and symbol specifications for your broker.

6. Enable algorithmic trading and test the EA on a demo account before using real funds.

Recommended Testing

For meaningful results, test the EA in MetaTrader 5 Strategy Tester using real ticks where available. Include realistic spreads, commissions, swaps, and slippage.

Test different market conditions, including trending markets, ranging markets, and periods of high volatility. Review the behavior of pending orders, reversal logic, trailing stops, and daily protection before live deployment.

Technical Information

• Product: Scalping Robot GOLD V1

• Platform: MetaTrader 5

• Product type: Expert Advisor (EA)

• Strategy: Candle-based straddle with reversal-order logic

• Order types: Buy Stop and Sell Stop

• Money management: Risk percentage or fixed lot

• Trade management: Stop loss, trailing stop, and optional partial close

• Protection: Daily profit target, optional daily loss limit, spread filter, and optional session filter

• Chart timeframe: User-configurable

• Broker compatibility: Depends on symbol specifications, execution rules, and account configuration

Risk Disclaimer

Scalping Robot GOLD V1 does not guarantee profits. Pending-order strategies can experience false breakouts, repeated stop-outs, slippage, spread widening, and losses during volatile market conditions.

The reversal mechanism may increase cumulative losses if the market repeatedly changes direction. Risk-percentage lot sizing is an estimate and does not guarantee that actual losses will remain within the selected percentage.

Always test the EA thoroughly before live trading. Use appropriate risk settings and never trade with funds you cannot afford to lose.

Past performance does not guarantee future results.