Fast Gold Scalper EA
- Experts
- Leonard Mutwiri Kimathi
- Versione: 1.30
- Attivazioni: 5
This Expert Advisor is a fully automated scalping EA that trades based on Support and Resistance levels, combined with volatility filtering and smart profit protection.
It is designed to work safely on any broker, automatically adapting to different lot rules, spreads, margin requirements, and account sizes, including very small accounts.
The EA opens trades only when market conditions are suitable and closes them intelligently to protect profits and limit losses.
Trading Parameters
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LotSize
Initial lot size request.
The EA automatically adjusts this to a safe tradable size based on broker rules and available margin. -
SR_Lookback
Number of past candles used to calculate Support and Resistance levels.
Higher values = stronger levels, fewer trades. -
ATR_Period
Period used to calculate market volatility (ATR). -
SR_ATR_Buffer
Distance from support or resistance (based on ATR) where trades are allowed.
Helps avoid entries that are too far from key levels. -
MaxSpreadPoints
Maximum allowed spread (in points).
The EA will not trade when spread is too high.Profit & Risk Control
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MinProfitLockUSD
Minimum floating profit (in USD) required before profit protection activates. -
HardLossUSD
Maximum allowed loss per trade (in USD).
Trade is closed automatically if this limit is reached.How the EA Trades (Simple Explanation)
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The EA identifies support and resistance from recent price history
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It checks volatility and spread conditions
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A trade is opened only when:
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Price is near support or resistance
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Candle direction confirms the trade
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Margin and lot size are safe
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While the trade is open:
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Loss is limited by a hard loss rule
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Profit is protected once a minimum profit is reached
Recommended Usage
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Timeframes: M5 – M15
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Symbols: Forex pairs with low spread
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Works best during active sessions (London / New York)
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Suitable for both demo and live trading
Important Notes (Market-Friendly)
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No martingale
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No grid
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No hedging
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No risky position stacking
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Trades only when conditions are favorable
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