🧩What is GOLD Scalper PRO?
The displayed settings belong to GOLD Scalper PRO, an Expert Advisor (EA) designed specifically for XAUUSD (Gold) scalping on MetaTrader 4.
From the parameters, this EA focuses on fixed-lot, high-precision scalping, with tight take profit, wide stop loss, and no martingale or grid risk enabled — which is a conservative and professional approach for gold trading.
🧩Risk Management Settings (Core Safety Layer)
🔹 Lot & Money Management
- RecoveryMode: false
→ No loss-recovery or aggressive averaging strategy. - FixedLots: 0.01
→ Very safe lot size, ideal for small accounts or testing. - AutoMM: 1.0 (disabled effectively)
→ EA relies on fixed lot, not equity-based scaling. - AutoMM_Max: 5.0
→ Upper limit if AutoMM is ever enabled.
✅ Analysis:
This setup strongly prioritizes capital preservation. No martingale, no recovery trading — excellent for long-term stability.
🧩General Trading Settings
- LongTrades: true
- ShortTrades: true
→ EA trades both BUY and SELL signals. - Magic Number: 75395147
→ Ensures no conflict with other EAs. - EA Comment: “GOLD Scalper PRO”
- MaxSpread: 40
→ Allows trading only when spread ≤ 4.0 pips (gold-friendly). - Slippage: 30
- StealthMode: true
→ Hidden SL/TP (broker protection). - CloseOnlyOnProfit: false
- NFA / No Hedge: false
✅ Analysis:
These are professional broker-safe settings, especially stealth mode, which helps avoid stop hunting.
🧩Trading Logic Parameters
- StopLoss: 1400
- TakeProfit: 400
- Profit Lock: 160
- TREND_STR: 210
- ATR Base SL: 1440
📌 Risk-to-Reward Insight:
- SL ≈ 140 pips
- TP ≈ 40 pips
This indicates a high win-rate scalping strategy, common for gold EAs.
✅ Analysis:
The EA expects frequent small wins and avoids overtrading during strong trends.
🧩ATR Dynamic SL & TP (Disabled)
- Use_ATR_Profit: false
- Use_ATR_Stop: false
✅ Analysis:
EA uses static SL/TP, making behavior predictable and ideal for backtesting and prop firm evaluations.
🧩News Filter Settings
- Avoid_News: false
- Include_Medium_News: false
- Filter_NFP_FOMC_ONLY: false
- Wait Before / After News: 30 minutes
⚠️ Risk Note:
News filter is disabled, meaning EA can trade during:
- NFP
- FOMC
- CPI
- High-impact gold volatility events
👉 Recommended to enable news filter for live accounts.
🧩Time Management Settings
- Trading Days:
✅ Monday → Sunday all enabled - AllowedHour_ForBacktest: -1 (no restriction)
- Friday Exit: false
- Exit Hour: 21
- LastTradeHour: 19
✅ Analysis:
EA runs 24/5+, including weekends (if broker allows).
No forced Friday exit → higher gap risk, but more opportunities.
🧩Grid & Martingale System (Disabled – Very Important)
- Grid_System: false
- Grid_Martingale: false
- Grid_Max_Trades: 0
- Grid Distance: 0
🔥 Critical Advantage:
This EA is NOT a grid and NOT martingale.
✅ This significantly lowers:
- Drawdown risk
- Account wipe probability
- Psychological pressure
🧩Notifications & GMT Settings
- Email & Push Notifications: false
- GMT Offset: 2
- Calculate DST: true
✅ Analysis:
Time alignment ensures accurate session behavior.
🧩Final Conclusion – Is This a Good GOLD Scalper PRO Setup?
✅ Strengths
✔ Very low risk (0.01 lot)
✔ No martingale, no grid
✔ Hidden SL/TP (stealth mode)
✔ Designed specifically for XAUUSD
✔ Stable for small accounts & prop challenges
✔ High-probability scalping logic
⚠ Weaknesses
✘ News filter disabled
✘ Wide stop loss relative to TP
✘ No Friday exit protection
⭐ Overall Verdict
GOLD Scalper PRO EA, with the settings shown, is a conservative, non-martingale gold scalping robot suitable for traders who value account safety, steady growth, and low drawdown over aggressive profits.
It is ideal for:
- Small accounts
- Long-term automated trading
- Prop firm challenges
- Traders avoiding grid & martingale risks
➡️ Rating: ⭐⭐⭐⭐☆ (4.3 / 5)
