🧩 What is Javier Gold Scalper V2 EA?
Javier Gold Scalper V2 EA is a specialized Gold (XAUUSD) scalping Expert Advisor (EA) designed to capture short-term price movements with predefined risk parameters, time filters, and trailing stop logic. The EA focuses on fast execution, controlled exposure, and intraday trading, making it suitable for traders who prefer structured scalping strategies on MT4.
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🔧 Lot Size & Risk Management Settings
| Parameter | Value | Explanation | Risk Impact |
|---|---|---|---|
FixedLots | 0.01 | Fixed trading lot | Very conservative |
PercentageRisk | 0.1 | Risk percentage | Extremely low risk |
PercentageRiskBasedOnPointsMovement | 100 | Risk calc reference | Stable sizing |
ForEvery | 1000.0 | Balance step | Lot scaling base |
UseLotsForEveryBalance | 0.01 | Lot per balance unit | Controlled growth |
LotAssignment | FixedLots | Lot mode | No martingale |
Insight:
The EA is configured for fixed-lot trading, not martingale or grid. This greatly reduces drawdown risk and makes it safer for long-term use.
🎯 Take Profit & Trailing Stop Settings
| Parameter | Value | Description |
|---|---|---|
TakeProfit | 30 | Fixed TP (points) |
Trail | 20.0 | Trailing stop distance |
TrailStart | 5.0 | Trailing activation |
TrailStep | 2.0 | Trailing adjustment step |
Analysis:
This setup allows profits to be locked early, which is typical for Gold scalping strategies where fast reversals are common.
⏰ Trading Time & Execution Control
| Parameter | Value | Purpose |
|---|---|---|
TimeStart | 2.0 | Trading start hour |
TimeEnd | 23.0 | Trading end hour |
OpenTime | 1 | Trade execution mode |
SpeedEA | 50 | Execution speed |
The EA trades almost the entire day, relying on spread filters rather than tight session control.
📉 Spread & Market Filters
| Parameter | Value | Function |
|---|---|---|
MaxSpread | 40.0 | Spread limit (points) |
PipStep | 35.0 | Minimum price movement |
Magic | 2021 | Unique order identifier |
These parameters protect the EA from poor liquidity and high transaction costs, especially during volatile Gold sessions.
🛑 Drawdown Protection Settings
| Parameter | Value | Status |
|---|---|---|
CloseTradesAtPercentageDrawdown | false | Disabled |
PercentageDrawdown | 5.0 | Threshold (inactive) |
CloseTradesAtFixedDrawdown | false | Disabled |
FixedDrawdown | 1000.0 | Threshold (inactive) |
ResumeTradingAtNextDayAfterDrawdown | false | Disabled |
Insight:
While drawdown protection is currently disabled, the very low lot size already provides a strong safety layer. Advanced users may enable DD protection for extra security.
🖥️ Visual & Interface Settings
| Parameter | Value |
|---|---|
Info | true |
TextColor | White |
InfoDataColor | DodgerBlue |
FontColor | Black |
FontSizeInfo | 7 |
These settings are purely visual and do not affect trading logic.
📊 Strategy & Risk Profile Summary
With the current configuration, Javier Gold Scalper V2 EA MT4 operates as:
- A Gold-only scalping EA
- Fixed lot size (0.01)
- No martingale or grid logic
- Tight take profit with trailing stop
- Wide trading hours
- Spread-protected execution
- Extremely low risk profile
This makes it suitable for:
- Beginners trading Gold
- Small accounts
- Conservative traders
- Long-term demo or cent accounts
✅ Conclusion
The settings shown for Javier Gold Scalper V2 EA MT4 define a low-risk, disciplined Gold scalping system:
- Fixed lot sizing for capital protection
- Tight TP and early trailing stop
- No recovery, martingale, or grid
- Spread and execution filters for stability
- Simple and transparent logic
In conclusion:
Javier Gold Scalper V2 EA MT4 is best suited for traders who want a conservative, rule-based Gold scalping robot focused on consistency and risk control rather than aggressive growth.
Recommended Optional Improvements
| Goal | Suggested Change |
|---|---|
| Extra safety | Enable % drawdown close at 3–5% |
| Faster profit | Reduce TrailStart to 3 |
| Larger accounts | Increase FixedLots gradually |
When used with proper risk discipline, Javier Gold Scalper V2 EA can be a reliable tool for automated XAUUSD scalping on MT4.
