Smart Gold Scalper Risk Control EA
- Uzmanlar
- Sürüm: 1.0
Smart Gold Scalper Risk Control EA is a fully automated Expert Advisor for MetaTrader 5 designed specifically for XAUUSD (Gold) trading on the M5 timeframe.
The EA uses an EMA crossover strategy combined with multiple risk management and capital protection systems. It is designed to support disciplined trading, reduce emotional decision-making, and help traders maintain consistency during changing market conditions.
The EA supports both 2-digit and 3-digit Gold pricing brokers.
KEY FEATURES
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EMA 9 / EMA 21 Crossover Strategy
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Automatic Lot Management
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Fixed Stop Loss
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Dynamic Take Profit
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Dynamic Profit Lock System
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Daily Profit Control
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Daily Stop Loss Protection
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Equity Protection
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Margin Verification
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Maximum Drawdown Protection
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Single Position Control
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Trade Delay Filter
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Weekend Trading Protection
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Automatic EMA Display
TRADING STRATEGY
The EA monitors EMA 9 and EMA 21 on the M5 timeframe.
Buy positions are opened when EMA 9 crosses above EMA 21.
Sell positions are opened when EMA 9 crosses below EMA 21.
The strategy is designed specifically for Gold trading and focuses on capturing short-term market movements while maintaining strict risk control.
AUTOMATIC LOT MANAGEMENT
All inputs are locked and optimized by design. No adjustments are required or recommended. The purpose of this system is to maintain consistent risk management and eliminate emotional trading decisions.
Balance below $500:
Lot Size = 0.01
Balance from $500 to $1,000:
Lot Size = 0.03
Balance from $1,001 to $2,000:
Lot Size = 0.05
Balance from $2,001 to $3,000:
Lot Size = 0.10
Balance above $3,000:
Lot Size = 0.15
DYNAMIC PROFIT SYSTEM
The EA automatically adjusts profit targets according to account balance.
This includes:
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Dynamic Take Profit
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Dynamic Profit Lock
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Dynamic Daily Profit Target
The objective is to maintain consistent risk exposure across different account sizes.
RISK MANAGEMENT
Risk management is a core component of the system.
The EA includes:
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Fixed Stop Loss
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Daily Profit Control
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Equity Protection
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Margin Verification
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Single Position Control
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Trade Delay Filter
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Weekend Protection
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Maximum Drawdown Protection
These features are designed to help preserve capital and reduce unnecessary market exposure.
DAILY STOP LOSS PROTECTION
If a position is closed by Stop Loss, the EA will stop opening new trades for the remainder of the trading day.
Trading resumes automatically on the next trading day.
This feature helps prevent overtrading during unfavorable market conditions and encourages a disciplined trading approach.
MAXIMUM DRAWDOWN PROTECTION
The EA continuously monitors account drawdown levels.
When the configured maximum drawdown percentage is reached, all EA positions are closed and further trading activity is stopped.
This protection mechanism prioritizes capital preservation during periods of abnormal market conditions.
AUTOMATIC EMA DISPLAY
The EA can automatically display EMA 9 and EMA 21 directly on the chart.
INSTALLATION
Copy the EA file into:
MQL5 → Experts
Then:
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Restart MetaTrader 5
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Attach the EA to an XAUUSD M5 chart
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Enable Algo Trading
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Enable Allow Live Trading
The EA will then monitor the market and execute trades automatically when trading conditions are met.
IMPORTANT NOTICE
This Expert Advisor is designed to assist with automated trade execution and risk management. Trading financial markets involves risk, and past performance does not guarantee future results.
Always test the EA on a demo account before using it on a live trading account.
DISCLAIMER
This Expert Advisor is provided for educational and trading assistance purposes only.
All trading results depend on market conditions, broker conditions, and user configuration.
Users are solely responsible for their trading decisions, risk management, and account performance.
Protect Capital First. Profit Comes Second.
The objective of this EA is not to maximize profits, but to help traders trade with discipline, manage risk effectively, and remain consistent over the long term.
