GoldThunder Scalper

GoldThunder Scalper

GoldThunder Scalper — Automated Gold Trading with a Disciplined Approach

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

Designed for XAUUSD and GOLD on the M15 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, and execution controls. It waits for suitable conditions rather than opening trades continuously.

Main Features

• Developed for XAUUSD and GOLD

• Recommended timeframe: M15

• 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

• High-impact news filter

• Holiday and market-closure protection

• Slippage adjustment system

• Daily trade limit and cooldown control

• Informational trading panel

• Automatic broker-specific point adjustment for Exness

Recommended Trading Conditions

GoldThunder Scalper is sensitive to spread, slippage, liquidity, and execution speed. Broker conditions can significantly affect results.

The EA has been tested with:

• RoboForex

• IC Markets

A Raw Spread or Raw ECN account is strongly recommended.

When using Exness, select Exness under Broker Type. For the other tested brokers, use the Default setting.

If your broker is not listed, test the EA under your broker’s conditions before considering live trading or increasing trading volume. Use the MetaTrader 5 Every tick based on real ticks backtesting model, then evaluate performance on a demo account.

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

Recommended Setup

• Platform: MetaTrader 5

• Symbol: XAUUSD or GOLD

• Timeframe: M15

• Account type: Raw Spread or Raw ECN

• Suggested starting deposit: 100 USD, subject to margin requirements and position-sizing constraints

• Starting fixed volume: 0.01 lot, only where it fits your intended risk

• Suggested risk setting: 0.5%–1% per trade

• Maximum suggested risk setting: 2% per trade

A 0.01-lot position does not automatically correspond to a particular risk percentage. Actual risk depends on the Stop Loss distance and the broker’s contract specifications. If the broker’s minimum lot size exceeds your intended risk, the account balance may be too small for that trade.

For continuous operation, MetaTrader 5 and Algo Trading must remain active. A VPS located close to the broker’s trading server can help reduce connection latency.

Risk Management

GoldThunder Scalper uses a relatively short Stop Loss.

Several consecutive Stop Losses may occur during unfavorable market conditions. Losing trades alone do not necessarily indicate a technical problem, but trading behavior and execution should still be monitored.

Avoid increasing lot sizes simply to recover a loss. Recovery strategies, emotional intervention, and excessive risk can significantly increase drawdown.

Begin on a demo account until you understand the EA’s trading frequency, execution behavior, and position management. If you move to live trading, use a position size appropriate for your balance and Stop Loss distance.

Available Inputs

Identification

• Magic Number

• Trade Comment

• Broker Type

Risk Management

• Fixed-lot mode

• Fixed lot size

• Risk percentage

News Filter

• Enable or disable the news filter

• Minutes blocked before high-impact events

• Minutes blocked after high
  
  

  • Holiday filter
  • Informational panel
  • Profit and loss labels
  • Debug logging

Protection and Operation

• Holiday filter
• Informational panel
• Profit and loss labels
• Debug logging

The internal strategy parameters are preconfigured and optimized for the intended trading environment.

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.