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Gold Killer v16 Pro MT5 Settings Review

🧩 What is Gold killer v16 Pro EA?

Gold Killer v16 Pro is a powerful Gold scalping & grid-based Expert Advisor (EA) engineered for high-frequency trading with smart automation functions. It utilizes dynamic volatility gap control and micro-grid clusters to capture rapid XAUUSD movements efficiently.

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Gold Killer v16 Pro MT5 Settings Review 4

🧩 General EA Information

  • Developer/Brand: Scalping Master by Awx – Smart Algorithm
  • EA Price: $250
  • Magic Number: 5555 (used for trade identification)

The EA belongs to the scalping + micro-grid trading category, designed for XAUUSD with smart automation functions.


🧩 Daily Profit Limit System

SettingMeaning
Daily profit limit enabled✔ active
Daily profit target$500 per day
Reset at midnight✔ yes

📌 Profit target mode ensures accounts stop trading after reaching daily goals → ideal for prop-firm rule compliance & controlled growth.


🧩 Trading Mode & Lot System

  • Trading direction: Both buy + sell
  • Initial lot: 0.1 (moderate starting volume)
  • Take profit: 90 pips
  • Pip distance between trades: 100
  • Maximum trades per direction: 80 orders

This confirms the EA uses scalping + grid stacking, meaning if the market goes against trend, additional orders are opened step-by-step to recover loss and close in profit.

80 orders per direction means strong recovery capability but requires large capital & margin.


🧩 Micro-Grid Clustering Structure

ZonePip StepOrder Count
Inner Grid200multilevel
Middle Grid200multilevel
Outer Grid200multilevel
ParameterPurpose
Self-Tuning Trailing EnabledAutomatically adapts trailing to trend
Lot increase every 3 tradesMartingale-style scaling
Lot multiplier1.8x
Buy/Sell target profit$100 each cycle

Partial profit lock + trailing optimization improves consistency in ranging environments.


🧩 Grid Reset & Profit-Cycle Logic

  • Auto grid reset:
  • Reset after: 5 profit cycles
  • Price trigger reset: 0.5%
  • Profit threshold to start trailing: $100
  • Trailing mode: Dynamic (not fixed TP)

📌 EA automatically clears cycling to avoid endless grid build-ups → reduces long-term drawdown risk.


🧩 Dashboard & Monitoring

  • Dashboard enabled with coordinate customization
  • Timeframe filter
  • EMA period adjustable (default 50)

User-friendly interface for visual monitoring & performance evaluation.


🧩 Conclusion

Gold Killer v16 Pro is a powerful Gold scalping & grid-based Expert Advisor, engineered for high-frequency trading with daily profit targets and smart safety mechanisms. With dynamic volatility gap control, micro-grid clusters, martingale scaling (1.8x), and auto-trailing logic, the EA aims to capture rapid XAUUSD movements and close cycles efficiently. The $500 daily profit limit, grid reset functions, and self-tuning trailing make it suitable for funding challenges & consistent income strategies, provided the account has sufficient margin to support 80 orders in one direction. Ideal for traders seeking aggressive profit generation with automated risk control and intelligent grid expansion, especially on volatile gold markets.

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