TALON Gold Scalper MT4

TALON Gold Scalper MT4

TALON Gold Scalper MT4 is an automated trading system designed for XAUUSD (Gold), focused on short-term market movements in Scalping mode, and on intraday trades if you choose the Intraday / Prop Firm mode. The EA operates using internal multi-timeframe analysis, independent of the chart timeframe. It is designed to capture short-term and intraday price movements with a focus on controlled risk and drawdown management. The system has been tested using tick-based historical data across multiple brokers over the past 3 years to evaluate its trading logic, execution behaviour and risk management.

Main characteristics:

• Simple setup: the EA requires only basic configuration such as risk level
• Two trading modes: Scalping (standard version) and Intraday / Prop Firm (new version) — the Prop Firm mode uses the same Stop Loss, break-even protection, a larger Take Profit and up to 3 simultaneous positions
• Each trade uses a fixed Stop Loss and dynamic Trailing Stop
• Friday protection: no new trades are opened after 18:00; from 21:00, profitable positions are closed automatically; at 22:30, all remaining positions are closed
• TALON Radar panel: a live on-chart panel showing the readiness score of each of the 9 modules, market direction, and daily statistics (trades, wins/losses, win rate, net P/L). The score represents signal readiness, not a probability of trade success
• 9 independent internal modules analyze market conditions for entry signals
• No grid or martingale techniques are used

TALON Gold Scalper uses 9 independent strategies. Some are more active, while others are extremely selective.

Module 1: Focuses on multi-timeframe trend alignment. Executes trend-continuation trades at fixed times, confirmed by directional strength indicators.

Module 2: A pure scalping strategy designed to capture sudden bursts of volatility. Secures profits quickly using a tight trailing stop.

Module 3: Trades price imbalances left behind by institutional activity.

Module 4: Exploits repetitive hourly patterns with strict spread and volatility filters for additional protection.

Module 5: A mean reversion / pullback strategy activated during controlled market conditions.

Module 6: Identifies and captures micro-level trend reversals on specific intraday sessions.

Module 7: Analyzes 5 charts simultaneously (H4 to M5). Positions open only when trend direction is aligned across all 5 timeframes.

Module 8: Pattern-based strategy detecting specific candlestick formations confirmed by multi-timeframe trend filters.

Module 9: Detects strong momentum candles breaking key levels, entering on controlled retracement for a controlled risk/reward setup.

Disclaimer: Historical performance does not guarantee future results. Please trade responsibly.

Backtest results may differ from live trading results due to spreads, slippage, liquidity and execution conditions.