Ultimate ICT Gold Scalper

Ultimate ICT Gold Scalper v3.15

Advanced XAUUSD Scalping EA with ICT-Inspired Market Analysis, Liquidity, FVG, Order Blocks, Silver Bullet Sessions & Automated Risk Management

BAKOME Ultimate ICT Gold Scalper v3.15 is an automated MetaTrader 5 Expert Advisor designed primarily for XAUUSD (Gold) scalping on the M5 timeframe.

The EA combines ICT-inspired market analysis with volatility filtering, liquidity-level detection, Fair Value Gap analysis, Order Block detection, session-based trading, Silver Bullet/Kill Zone timing, ATR-based risk management, break-even protection, trailing stops, partial profit management and a live trading dashboard.

It is designed to focus trading activity around periods of increased market activity while applying multiple execution and account-protection controls.

🚀 Key Features

🥇 XAUUSD-Focused Scalping

The EA is optimized around the characteristics of Gold/XAUUSD, including its volatility, spread behavior and rapid intraday movements.

Core calculations are performed primarily on the M5 timeframe, with higher-timeframe EMA information used for directional bias.

📊 ICT-Inspired Market Analysis

The EA incorporates several concepts commonly associated with ICT/Smart Money Concepts:

• Liquidity levels
• Liquidity sweep detection
• Fair Value Gaps (FVG)
• Order Blocks
• Market bias
• Premium market activity periods
• London trading session
• New York trading session
• Silver Bullet / Kill Zone windows

The EA continuously updates detected market structures and displays their status through the live dashboard.

💧 Liquidity Analysis

The EA searches historical M5 price action for significant swing highs and lows that may represent liquidity areas.

Liquidity levels are evaluated using:

• Historical highs/lows
• Level strength
• Price proximity
• Tick volume
• Recent M5 structure
• Daily highs/lows
• Weekly highs/lows

This provides the EA with a dynamic map of important market levels.

🟦 Fair Value Gap Detection

The EA scans M5 price action for potential Fair Value Gaps.

FVG detection includes:

• Bullish FVGs
• Bearish FVGs
• Gap size measurement
• ATR-relative minimum gap filtering
• FVG lookback configuration

The minimum FVG size can be controlled using:

FVG_MinSizeATR

This allows the trader to avoid treating very small price gaps as meaningful market imbalances.

🟨 Order Block Detection

The EA identifies potential bullish and bearish Order Blocks from M5 candle structures.

Detected Order Blocks include:

• Price boundaries
• Direction
• Formation time
• Tick-volume information
• Mitigation status

The number of bullish and bearish Order Blocks is also displayed on the live dashboard.

The EA includes configurable trading windows for:

London Silver Bullet

Default:

08:00 – 09:00

New York Silver Bullet

Default:

15:00 – 16:00

These periods can be enabled or disabled independently.

The EA can also operate within configurable London and New York trading sessions.

This helps restrict trading to selected periods rather than allowing unrestricted 24-hour execution.

The EA uses a 200-period EMA on H4 to determine the primary directional bias.

Bullish

Price above the H4 EMA → BUY bias

Bearish

Price below the H4 EMA → SELL bias

Neutral

Price approximately aligned with the EMA → no directional bias

This directional filter is combined with the active trading session and Kill Zone conditions before a trade can be executed.

Instead of relying entirely on fixed-point stop distances, the EA calculates its initial protection using ATR volatility.

Default settings:

This allows SL and TP distances to automatically adapt to changing market volatility.

The EA contains several account-level protection mechanisms.

Risk Per Trade

Default:

1%

Maximum Daily Risk

Default:

5%

Daily Profit Target

Default:

8%

Maximum Daily Trades

Default:

10

Maximum Concurrent Positions

Default:

1

Maximum Lot Size

Default:

0.50 lots

These settings can be adjusted according to the trader's risk model and broker conditions.

The EA can automatically move a profitable position toward break-even after a configurable ATR-based profit threshold has been reached.

Default:

Break-Even = 1.0 × ATR 

The EA also validates broker stop and freeze levels before attempting to modify the position.

The EA includes dynamic ATR-based trailing.

Default configuration:

The trailing mechanism adapts to current market volatility rather than using one fixed distance for every market condition.

Partial closing can be enabled to secure a portion of a winning position while allowing the remaining position to continue.

Configurable settings include:

Partial Close:        ON/OFF
Partial Close Size:   50%
Partial Trigger:      1.0 × ATR 

This provides flexibility between aggressive profit protection and allowing positions additional room.

The EA includes an execution layer designed to handle common MT5 trading conditions.

Features include:

• Automatic lot calculation
• Broker minimum/maximum volume validation
• Volume-step normalization
• Margin availability checking
• Automatic lot reduction when necessary
• Spread filtering
• Slippage control
• Retry mechanism for recoverable trade errors
• Price refresh immediately before execution
• Stop-distance validation
• Freeze-level validation
• ECN/Market Execution compatibility
• Synchronous tester execution
• Optional asynchronous live execution

To reduce excessive order attempts, the EA includes several execution safeguards:

• Minimum time between trades
• One trade per M5 candle
• Maximum daily trade count
• Maximum concurrent positions
• Attempt throttling
• Daily profit/loss lock
• Session filtering
• Kill Zone filtering
• Spread filtering
• Minimum volatility filtering

These controls are particularly useful for volatile instruments such as Gold.

The EA includes a real-time chart dashboard showing important trading information without requiring external monitoring software.

The dashboard displays:

Market

• Current Bid
• Current Ask
• Spread
• M5 ATR
• Current session
• Current Kill Zone
• Current server time

Signal

• H4 EMA market bias
• Bullish/Bearish bias
• Detected FVGs
• Bullish/Bearish FVG count
• Detected Order Blocks
• Bullish/Bearish OB count
• Liquidity levels
• Volume ratio
• Current trading action

Risk

• Account Balance
• Equity
• Daily P/L
• Daily profit target
• Daily loss limit
• Current positions
• Maximum positions
• Estimated next lot size
• Break-even status
• Trailing status

System

• Symbol
• Timeframe
• Magic number
• Daily trade counter
• Last trade time
• Trading status

You decide when the EA is allowed to trade.

Available sessions:

• Asian
• London
• New York

Default configuration focuses on:

London + New York

Asian-session trading can be enabled when desired.

The EA monitors ATR to determine whether sufficient market movement is available.

This helps avoid trading when Gold's volatility falls below the configured threshold.

Default:

Gold can experience significant spread expansion around:

• Market transitions
• News releases
• Session changes
• Low-liquidity periods
• Broker liquidity conditions

The EA therefore checks the current spread before opening a position.

Default:

Maximum Spread = 50 points 

At the beginning of each trading day, the EA establishes a daily account reference.

It continuously monitors:

Daily P/L %

If the configured daily loss limit is reached, new trading is blocked.

If the configured daily profit target is reached, new trading is also stopped.

This allows the EA to operate with a predefined daily risk boundary.

The EA contains specific execution and performance optimizations for MetaTrader 5 Strategy Tester.

Heavy ICT calculations are performed primarily when a new M5 bar appears instead of recalculating the complete market structure on every tick.

This includes:

• Liquidity updates
• FVG updates
• Order Block updates

The system also reduces unnecessary logging during testing and forces synchronous execution in tester environments.

The EA uses optimized internal structures for market data and position tracking.

Included components include:

• Market-data storage
• Position tracking
• Object pooling
• Cached indicator handles
• M5 calculation cycles
• Trade retry handling
• Execution throttling
• Dashboard state management

The objective is to keep the EA responsive while avoiding unnecessary repeated calculations.

For XAUUSD M5:

These are starting parameters, not guaranteed optimal settings.

1. Open MetaTrader 5
2. Select File → Open Data Folder
3. Navigate to:

MQL5 → Experts 

4. Copy the EA into the Experts folder.
5. Open MetaEditor
6. Compile the .mq5 file.
7. Return to MetaTrader 5.
8. Attach the EA to an XAUUSD M5 chart.
9. Enable Algo Trading.
10. Configure your risk and session parameters.

Always test the EA in the Strategy Tester and on a demo account before using real funds.

Trading Forex, Gold and CFDs involves substantial risk and may result in the loss of your invested capital.

This Expert Advisor is an automated trading tool and does not guarantee profits or eliminate trading risk.

Past performance, backtest results, simulated results or example configurations do not guarantee future results.

Market conditions, spreads, execution speed, slippage, commissions, liquidity and broker specifications can materially affect results.

Use appropriate risk settings and thoroughly test the EA with your broker before deploying it on a live account.

⭐ Why BAKOME Ultimate ICT Gold Scalper?

BAKOME Ultimate ICT Gold Scalper v3.15 brings together:

ICT-Inspired Analysis

Liquidity Detection

Fair Value Gaps

Order Blocks

Silver Bullet Sessions

H4 Directional Bias

ATR Volatility Management

Break-Even

Dynamic Trailing

Partial Profit Taking

Daily Risk Protection

Live Trading Dashboard

MT5 Execution Controls

into a single automated XAUUSD trading system.

Designed for traders who want structured, session-focused Gold scalping with automated risk and position management.

BAKOME Ultimate ICT Gold Scalper v3.15 — Trade the setup. Control the risk. Let the system execute.