Walter Scalper

An intraday trading strategy designed specifically for XAUUSD (London Gold) on the MetaTrader 5 platform.

The core philosophy relies on the principle that price momentum inertia creates a probabilistic edge in the direction of the trend.

Backtesting results have demonstrated a superior probabilistic advantage across various timeframes and market styles. The EA employs a retained margin pool and compound position sizing to maximize profits while minimizing drawdowns.

This EA operates on a one-trade-at-a-time basis with no Martingale logic. Every trade is protected by a trailing stop-loss to lock in profits and cut losses.

The strategy is sensitive to spread, slippage, liquidity, and execution speed. A Raw Spread or Raw ECN account is strongly recommended, with leverage greater than 1:100. The minimum account equity should be at least 200 USD; please top up promptly if it falls below this threshold.

Traders are welcome to download and run backtests. We understand that for EAs with excellent backtest results, concerns about overfitting or fabricated data are common. The best way to verify is to download the EA, wait, and then backtest it on subsequent market data. Overfitting and fabrication can only fit past data, never future price action.