Madura Gold Scalper

Madura Gold Scalper is an Expert Advisor developed for automated gold trading on MetaTrader 5.

The EA is designed Only for XAUUSD and GOLD on the H1 timeframe. It uses a proprietary multi-factor decision engine to identify qualified trading opportunities and manage positions automatically.

The system combines market structure, trend direction, candle quality, volume, momentum, Average True Range and execution controls. It is designed to wait for suitable conditions instead of opening trades continuously.

Main Features

• Developed for XAUUSD and GOLD
• Recommended timeframe: H1
• Fully automated trading
• No grid strategy
• Automatic Stop Loss and Take Profit
• Dynamic trailing stop
• Risk-based or fixed-lot position sizing
• Trend and momentum filters
• Candle quality and volume filters
• Daily trade limit and cooldown control
• Informational trading panel

Recommended Trading Conditions for pair XAUUSD (Gold)

Madura Gold Scalper is sensitive to spread, slippage, liquidity and execution speed. Broker conditions can therefore have a significant impact on results.

The EA has been tested with the following brokers:

• MIFX

A Raw Spread or Raw ECN account is strongly recommended.

Run a MetaTrader 5 backtest using the Every tick based on real ticks model, or evaluate the EA on a demo account or with the minimum lot size.

Results can differ between brokers because of spread, commission, symbol specifications, execution speed, liquidity and slippage.

Recommended Setup

• Platform: MetaTrader 5
• Symbol: XAUUSD or GOLD
• Timeframe: H1
• Account type: Raw Spread or Raw ECN
• Minimum recommended deposit: 200 USD
• Recommended starting volume: 0.01 lot
• Lot Calculation Mode: Risk % per Trade (Recommended)
• Risk Percentage per trade: 1.5%
• Maximum Allowed Lot Size: 1.0 Lot
• Stop Loss in Pips: 300
• Maximum Allowed spread: 35-50
• Ennable GMT Session TP / TS: True
• TP Tokyo Session: 1000
• TP London Session: 2000
• TP NewYork Session: 3000
• TS Tokyo Session: 100
• TS London Session: 200
• TS NewYork Session: 300
• Enable Dynamic ATR (Average True Range) Power: True
• Momentum Threshold %: 1
• Fixed Power Threshold: 500
• Daily ATR Period: 14

For stable operation, MetaTrader 5 and Algo Trading must remain active. A VPS located close to the broker’s trading server is recommended.

Risk Management

Madura Gold Scalper uses a relatively short Stop Loss.

Because of this trading approach, several consecutive Stop Losses may occur during unfavorable market conditions. This is a normal characteristic of the strategy and does not necessarily indicate a technical problem.

Users should avoid increasing the lot size after a losing trade. Recovery strategies, emotional intervention and excessive risk can significantly increase drawdown.

The maximum recommended risk is 2% per trade.

New users should begin on a demo account or with 0.01 lot until they understand the EA’s trading frequency, execution behavior and position management.

Important Information

The EA does not guarantee profits. Historical tests and previous results do not guarantee future performance.

Backtest results may differ from live trading because of spread, commission, latency, slippage, liquidity and broker execution.

Always test the EA under your own broker conditions before increasing the lot size or risk.

Product support is provided through the Product comments section and the MQL5 messaging system.