GOLD Scalper PRO MT5 (Latest version) – GroupBuy
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What is GOLD Scalper PRO MT5?
GOLD Scalper PRO MT5 is a fully automated trading system developed exclusively for XAUUSD, based on a proven impulse-and-correction market principle used by professional traders. It focuses on stable execution, adaptive behavior across market conditions, and disciplined risk management. With reasonable stop loss levels and precise entries, the EA aims for consistent performance and long-term capital protection rather than aggressive trading.
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About the Author
This product is compiled by Lachezar Krastev. This author has more than +13 years of experience working on MQL5 with many famous products such as GOLD Scalper PRO MT5, Forex GOLD Investor MT5, Forex GOLD Investor MT4, Infinity Trader EA MT4 and other advisors. Among them, GOLD Scalper PRO MT5 is his best performing products.
Key Features of GOLD Scalper PRO for MT5
🔹 Dual Trading Systems: Two independent strategies integrated into one robust EA.
🔹 Low Drawdown Logic: Uses controlled Stop Loss (SL) and Take Profit (TP) levels for stable equity growth.
🔹 Advanced Trade Protection: Includes news filter, stealth mode and drawdown guard.
🔹 24/5 Automated Trading: Operates continuously without time or session limits.
What is the GOLD Scalper PRO MT5 trading strategy?
🔹 Impulse-Based Entries: Trades in the direction of strong market momentum.
🔹 Correction Timing: Enters after pullbacks to improve accuracy and risk control.
🔹 Classical Price Logic: Avoids Grid, Martingale and over-optimization techniques.
🔹 Adaptive Exit Algorithm: Manages trades efficiently in changing market conditions.
GOLD Scalper PRO MT5 Review
1. GOLD Scalper PRO MT5 Myfxbook Results:
The GOLD Scalper PRO MT5 has demonstrated extraordinary trading performance on a verified Myfxbook account. Below is a breakdown of the key metrics and what they reveal about the Expert Advisor (EA):
Initial Deposit: $10,000
Total Gain: +31.46%
Monthly Growth: 7.35%
Maximum Drawdown: 4.11%
GOLD Scalper PRO MT5 Myfxbook
2. GOLD Scalper PRO MT5 Backtest:
🔶 The GOLD Scalper PRO MT5 has undergone a 25-year backtest on XAU/USD with a risk management setting of 1% RISK. The results demonstrate both strong profitability and reliable long-term performance.
Initial Deposit: $10,000
Total Net Profit: $10.77 million
Win Rate (% of total): 76.45%
Maximum Drawdown: 13.07%
GOLD Scalper PRO MT5 Backtests
🔶 The GOLD Scalper PRO MT5 has undergone a 25-year backtest on XAU/USD with a risk management setting of 5% RISK.
Initial Deposit: $10,000
Total Net Profit: $33.57 million
Win Rate (% of total): 76.45%
Maximum Drawdown: 6.76%
GOLD Scalper PRO MT5 Backtest
Why Choose & Use GOLD Scalper PRO MT5?
🔹 Proven Stability: Built on a time-tested trading concept used for many years.
🔹 Risk-Control Focused: Every trade uses predefined protection rules.
🔹 Broker-Friendly Design: Works with spread, slippage and execution filters.
🔹 Marketplace-Ready EA: Ideal for traders seeking reliable Gold automation.
Is GOLD Scalper PRO MT5 safe?
GOLD Scalper PRO MT5 shows significant potential in providing stable and reliable profits, making it a reliable tool in the forex market. The advisor is highly appreciated by the MQL5 community in many aspects and has won the trust of users.
➡️ Daraseng978 (2024.10.07): “Done some back testing and ran on demo account, EA seems really promising. Doesn’t trade much but very profitable.”
➡️ Norio66 (2024.01.16): “Have run backtest and it looks promising. Now running it on demo account. The manual explains things well and the EA has many parameters to easily make optimization for my broker/account type.”
➡️ Neris Gonzalez Martinez (2023.06.19): “Slow and steady. If you are looking for very low risk non martingale EA, this is your pick. Very stable and concistent.”
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 5 (MT5) |
| Time frames | Any |
| Currency pairs | GOLD (XAUUSD) |
| Minimum / Recommended deposit | $100 |
| Minimum / Recommended leverage | Any |
| Account type | Any |
| Product type | Original version |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com (Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
Setting (If Any).docx
Installation Guide.docx
Conclusion
In short, GOLD Scalper PRO MT5 brings the power of “Smart Money” to your account through its intelligent dual trading system. The robot automatically identifies breakout waves and places orders precisely at correction points, delivering an average profit of 7.35% per month on Myfxbook. With integrated advanced news filters and incognito mode, this is the perfect MT5 Expert Advisor (EA) for navigating the volatile gold market.
GOLD Scalper PRO MT5 Settings Explained – Complete Setup & User Guide
GOLD Scalper PRO MT5 is an automated gold trading Expert Advisor designed for the MetaTrader 5 platform. The EA combines advanced scalping algorithms, dynamic risk management, ATR-based protection systems, optional grid trading logic, and news filtering features to help traders automate XAUUSD trading efficiently. With flexible trading controls and detailed management settings, GOLD Scalper PRO MT5 is suitable for both conservative and aggressive gold trading strategies.
GOLD Scalper PRO MT5 Settings
GOLD Scalper PRO MT5 Full Settings Explanation
GOLD Scalper PRO MT5 Settings Panel
GOLD Scalper PRO MT5 Setting Panel
Time Management Settings
🔹 AllowedHour_ForBacktest = -1: Defines the allowed hour for strategy backtesting; value -1 means no restriction is applied.
🔹 MondayTrading = true: Enables trading activity on Monday.
🔹 MondayHoursForbidden: Allows users to define restricted trading hours for Monday.
🔹 TuesdayTrading = true: Enables trading activity on Tuesday.
🔹 TuesdayHoursForbidden: Allows users to define restricted trading hours for Tuesday.
🔹 WednesdayTrading = true: Enables trading activity on Wednesday.
🔹 WednesdayHoursForbidden: Allows users to define restricted trading hours for Wednesday.
🔹 ThursdayTrading = true: Enables trading activity on Thursday.
🔹 ThursdayHoursForbidden: Allows users to define restricted trading hours for Thursday.
🔹 FridayTrading = true: Enables trading activity on Friday.
🔹 FridayHoursForbidden: Allows users to define restricted trading hours for Friday.
🔹 SaturdayTrading = true: Enables trading activity on Saturday.
🔹 SundayTrading = true: Enables trading activity on Sunday.
Friday Exit Settings
🔹 FridayExit = false: Disables automatic position closing before weekend market closure.
🔹 ExitHour = 21: Sets the hour for Friday trade exits when FridayExit is enabled.
🔹 LastTradeHour = 19: Prevents new trades after hour 19.
Grid System Settings
🔹 Grid_System = false: Disables the grid trading system.
🔹 Grid_Max_Trades = 0: Sets the maximum number of grid trades to 0.
🔹 Grid_Distance = 0: Defines the spacing distance between grid orders.
🔹 Grid_Trade_By_Signal_Only = true: Allows grid entries only when valid trading signals are detected.
🔹 Grid_Signal_Period = 15: Sets the signal timeframe or period for grid trade analysis.
🔹 Grid_Risk_Multiplier = 1.0: Controls the lot multiplication factor for grid positions.
🔹 Grid_Martingale = false: Disables Martingale logic inside the grid system.
🔹 Grid_Take_Profit = 0.0: Defines fixed Take Profit for grid trades in points.
🔹 Grid_Take_Profit_Money = 0.0: Defines Take Profit target in account currency for grid baskets.
🔹 Grid_Stop_Loss = 0.0: Defines fixed Stop Loss for grid positions.
🔹 Grid_Stop_Loss_Money = 0.0: Defines monetary Stop Loss protection for the grid system.
Risk Management Settings
🔹 RecoveryMode = false: Disables recovery trading mode.
🔹 FixedLots = 0.01: Uses a fixed lot size of 0.01 lots.
🔹 AutoMM = 1.0: Enables automatic money management using a risk factor of 1.0.
🔹 AutoMM_Max = 5.0: Limits the maximum automatic lot size multiplier to 5.0.
General Settings
🔹 LongTrades = true: Allows BUY trades.
🔹 ShortTrades = true: Allows SELL trades.
🔹 Magic = 75395147: Unique identifier used by the EA to manage its own positions.
🔹 EA_Comment = GOLD Scalper PRO: Adds the comment “GOLD Scalper PRO” to all EA trades.
🔹 MaxSpread = 40.0: Prevents trading when the spread exceeds 40.0 points.
🔹 Slippage = 30: Sets maximum acceptable slippage to 30 points.
🔹 StealthMode = true: Enables hidden trade management to reduce broker visibility of SL/TP levels.
🔹 CloseOnlyOnProfit = false: Allows trades to close even if they are not profitable.
🔹 NFA = false: Disables NFA-compliant trading restrictions.
🔹 No_Hedge = false: Allows hedging positions.
🔹 EmergencyStopDist = 1500: Sets emergency stop distance to 1500 points.
🔹 ShowButtons = true: Displays control buttons on the chart interface.
Trading Logic Settings
🔹 StopLoss = 1400: Sets Stop Loss distance to 1400 points.
🔹 TakeProfit = 400: Sets Take Profit distance to 400 points.
🔹 TREND_STR = 210: Defines trend strength sensitivity used in trade filtering.
🔹 Profit = 160: Sets profit-related internal trading logic value to 160.
Dynamic SL & TP Settings
🔹 Use_ATR_Profit = false: Disables ATR-based dynamic Take Profit.
🔹 ATR_Profit_Factor = 0.26: Defines ATR multiplier for dynamic profit calculation.
🔹 Use_ATR_Stop = false: Disables ATR-based Stop Loss calculation.
🔹 ATR_SL_Factor = 0.85: Defines ATR multiplier for Stop Loss calculation.
🔹 ATR_TF_SL = 1440: Uses timeframe 1440 (Daily chart) for ATR Stop Loss calculations.
🔹 ATR_Per_SL = 1: Sets ATR calculation period to 1.
Notification Settings
🔹 EMAIL_Notification = false: Disables email notifications.
🔹 PUSH_Notification = false: Disables push notifications to mobile devices.
GMT Settings
🔹 GMT_Offset = 2: Sets broker/server GMT offset to +2.
🔹 Calculate_DST = true: Automatically adjusts for Daylight Saving Time.
News Filter Settings
🔹 Avoid_News = false: Disables automatic news avoidance filter.
🔹 Include_Medium_News = false: Ignores medium-impact economic news events.
🔹 Filter_NFP_FOMC_ONLY = false: Disables special filtering for NFP and FOMC events only.
🔹 Wait_Before_News = 30: Stops trading 30 minutes before major news releases.
🔹 Wait_After_News = 30: Resumes trading 30 minutes after news events.
Conclusion
The GOLD Scalper PRO MT5 settings provide traders with a comprehensive automated gold trading framework that includes advanced scalping logic, optional grid systems, dynamic ATR management, news filtering and strict risk controls. With flexible configuration options and strong trade protection mechanisms, this EA is designed for traders who want customizable and automated XAUUSD trading performance on MetaTrader 5.
FAQs
❓ What is the purpose of StealthMode in GOLD Scalper PRO MT5?
StealthMode hides Stop Loss and Take Profit levels from the broker by managing them internally within the EA.
❓ Does GOLD Scalper PRO MT5 support grid trading?
Yes, the EA includes a grid trading module, although it is disabled by default in these settings.
❓ What does AutoMM = 1.0 mean?
It enables automatic money management with a risk scaling factor of 1.0.
❓ Why is Calculate_DST set to true?
It allows the EA to automatically adjust trading schedules for Daylight Saving Time changes.
❓ Can I enable ATR-based Stop Loss and Take Profit?
Yes, traders can activate Use_ATR_Profit and Use_ATR_Stop for dynamic volatility-based protection.
Specification: GOLD Scalper PRO MT5 (Latest version) – GroupBuy
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User Reviews
Only logged in customers who have purchased this product may leave a review.
❓ What is the core logic of GOLD Scalper PRO MT5?
The GOLD Scalper PRO MT5 uses a professional impulse-and-correction principle. It enters trades in the direction of market momentum after a brief price pullback, ensuring high-accuracy entries on Gold.
❓ Is GOLD Scalper PRO MT5 safe for small accounts?
Yes, you can start with as little as $100. The GOLD Scalper PRO MT5 includes an Auto-Money Management system that calculates lot sizes based on your account's free margin and risk settings.
❓ Does GOLD Scalper PRO MT5 use Martingale?
No. GOLD Scalper PRO MT5 is a non-Martingale, non-grid Expert Advisor. Every trade is protected by a fixed Stop Loss to prevent catastrophic losses.
❓ Who is the author of GOLD Scalper PRO MT5?
The EA is developed by Lachezar Krastev, founder of FXAutomater. He has over 13 years of experience on the MQL5 market and is the creator of the famous Forex GOLD Investor.
❓ What is the best timeframe for GOLD Scalper PRO MT5?
While the EA's logic is hard-coded and can work on any timeframe, it is most commonly attached to M1 or M15 charts for Gold (XAUUSD).
❓ Why does GOLD Scalper PRO MT5 have two systems?
The GOLD Scalper PRO MT5 integrates two independent strategies. This dual-system approach increases the number of trading opportunities while diversifying risk within a single pair.
❓ Does GOLD Scalper PRO MT5 work on Prop Firms?
Yes. Thanks to its low drawdown (under 13% in 25-year backtests) and strict SL/TP levels, GOLD Scalper PRO MT5 is a reliable tool for passing and managing funded accounts.
❓ How do I handle news events with GOLD Scalper PRO MT5?
The EA includes an Advanced News Filter. Once configured, it will automatically pause trading during high-impact events, which significantly improves the profit factor and reduces risk.
❓ Is a VPS required for GOLD Scalper PRO MT5?
Yes. To ensure 24/5 continuous operation and the best execution speed for scalping, a Forex VPS is highly recommended for GOLD Scalper PRO MT5.
❓ What is "Stealth Mode" in GOLD Scalper PRO MT5?
"Stealth Mode" allows the GOLD Scalper PRO MT5 to hide your target levels (SL/TP) from the broker's server, executing the close commands only locally to prevent brokers from targeting your positions.
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Price range: $80.00 through $599.00 -
Price range: $80.00 through $599.00 -
Price range: $80.00 through $599.00 -
Price range: $89.00 through $599.00
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