Gold Master Scalper EA

Key Features & Trading Architecture

• Dual-Indicator Reversal Trigger: Combines RSI levels with Bollinger Band wick sweeps to confirm price rejection before entering.
  
  
• ATR-Driven Dynamic Spacing: Grid distances automatically adjust according to market volatility, expanding during high-volatility moves and contracting during quiet ranges.
  
  
• Advanced Trailing Basket Profit: Secures profits dynamically as the basket moves in your favor, locking in gains rather than relying on static, vulnerable take-profit targets.
  
  
• Account-Level Hard Stop Loss: Limits maximum basket loss to a customizable percentage of your balance (e.g., 4%), preventing runaway drawdowns.
  
  
• Daily Equity Protection (Loss Cap & Profit Lock): Set daily profit targets and loss caps tied to your broker's server time. Once your daily target or loss limit is hit, the EA locks down new entries to preserve capital.
  
  
• Candle Close vs. Tick Mode Confirmation: Toggle between strict candle-close execution for reduced noise or real-time tick execution for aggressive entries.
  
  
• On-Screen Live Dashboard: Real-time monitoring of RSI/BB/ATR values, basket status, floating P/L, daily progress, and current spread conditions directly on your chart.
  
  

How the Strategy Works

1. Initial Entry: The EA monitors the market for a simultaneous RSI and a Bollinger Band rejection.
   
   
2. Basket Expansion (If Needed): If price moves against the position, the EA places additional martingale legs separated by dynamic ATR distances, bringing the overall breakeven price closer to current market price.
   
   
3. Smart Exit: Once the entire basket reaches the target profit (in USD) or triggers the basket trailing stop, all positions are closed simultaneously.
   
   

Recommended Settings & Setup

• Trading Pairs: EURUSD, GBPUSD, AUDUSD, XAUUSD (Gold)
  
  
• Timeframe: M5, M15, or H1 (Optimized for M5)
  
  
• Minimum Capital: $1,000 (standard account) or $100 (Cent account)
  
  
• Account Type: Hedging account (ECN / RAW spread recommended)
  
  
• Broker Server Time: Configure InpDailyResetHourServer to match your local 00:00 GMT reset time for accurate daily P/L tracking.
  
  

⚠️ Risk Warning & Responsible Trading

Important: Always backtest the EA across diverse market conditions (both trending and ranging), test thoroughly on a demo account, and trade with strict risk management. Never risk capital you cannot afford to lose.