Black Viper GOLD
- Experts
-
Ignacio Agustin Mene Franco
My name is Ignacio, I have more than 5 years of experience in the market, both forex and synthetic indices, I program indicators to provide the user with a better trade! - Versão: 2.0
- Ativações: 10
Black Viper GOLD v2.0 — Expert Advisor MT5 Pair: XAU/USD | Timeframe: M1 (Scalping) | Minimum Capital: $1,000 USD
Overview
Black Viper GOLD is a professional Expert Advisor for MetaTrader 5, specifically designed to trade the XAU/USD pair on the M1 timeframe using a high-precision scalping strategy. It combines four advanced technical analysis systems with dynamic risk management, session filters, and an aggressive turbo mode, all within a robust framework focused on capital preservation.
Integrated Analysis Systems
Dynamic Support and Resistance — Detects automatic pivots and groups levels by confluence zones. Validates entries only when the level has received at least two historical touches, with confirmation by candlestick body.
Order Blocks (Smart Money Concept) — Identifies blocks of institutional orders prior to price impulses. It is the highest priority system within the EA's signal hierarchy, with automatic mitigation detection.
Bollinger Squeeze — Trades volatility breakouts after sustained periods of compression. Requires a candle close outside the band with a minimum breakout value configurable in pips to avoid false signals.
Dynamic Fibonacci — Automatically calculates price swings and projects retracement levels at 0.382, 0.500, and 0.618. Entries require confirmation by a candle in the zone and alignment with the EMA cross.
Classic Price Action: Engulfing, pin bars, inside bars, and breakouts as complementary signals.
Filters and Confirmations
Fast (8) / Slow (21) EMA crossover as a mandatory trend filter on all signals
Configurable maximum spread filter (50 pips by default)
Activable time-of-day filter
Minimum risk/reward ratio validation before executing any order
Risk Management
Three lot sizing modes: fixed lot, percentage of balance (1% by default), and dynamic equity
Automatic Stop Loss and Take Profit with adjustment based on the broker's minimum distance
Trailing Stop triggerable from 8 pips of profit
Automatic Break Even upon reaching the configured trigger
Maximum daily loss limit (10% by default)
Total volume control and maximum number of simultaneous open positions (5 by default)
Minimum free margin control and maximum margin usage control
Turbo Mode
Multiplies the lot size by a configurable factor (1.5x by default) and expands the signal search to the last N bars. Designed for high-volatility gold conditions. It is recommended for use only with sufficient capital and low risk per trade.
Minimum Requirements
Parameter Recommended Value
Minimum Capital $1,000 USD
Pair XAU/USD
Timeframe M1
Platform MetaTrader 5
Maximum Spread 50 pips (gold)
Leverage 1:100 or higher
