GoldenScalp MT5 with SetFiles (Latest version) – GroupBuy

GoldenScalp MT5: Multi-Functional Scalping Expert Advisor (EA)

GoldenScalp MT5 is a versatile Expert Advisor (EA) that trades XAUUSD (Gold). It offers two primary presets, giving traders the flexibility to choose a strategy that aligns with their risk tolerance. The EA is a powerful and reliable tool that is easy to set up and provides a high degree of customization for both safety and trading style. It is a great solution for traders who want a flexible and adaptable EA for gold trading.

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About the Author

This product is compiled by Konstantin Kulikov. This author has more than +10 years of experience working on MQL5 with many famous products such as GoldenScalp MT5, Trust EA, FrankoScalp MT5, News Trade EA MT5, Breakthrough Strategy MT4 and other advisors. Among them, GoldenScalp MT5 is his best performing product.

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GoldenScalp MT5 Overview

Key Features

🔹Dual Strategy Presets: The EA offers two main strategies: a hidden stop-loss preset for risk control and a classic grid preset for averaging positions.
🔹Dynamic Risk Management: The “GS SL dynamic” preset uses a hidden stop loss that is calculated based on recent volatility.
🔹Grid-Based Averaging: The “GS grid classic” preset uses a grid to open averaging positions when the price moves in the opposite direction.
🔹Flexible Lot Sizing: The EA allows you to adjust the lot size based on your balance or a fixed value for controlled risk.

Additional Features

🔹Recovery Money Management: The EA includes a recovery money management option that prevents the trading lot from decreasing during drawdowns.
🔹GMT Offset Adjustment: The EA has a GMT offset parameter to ensure correct backtesting and trading on different brokers.
🔹Customizable Safety Levels: You can set your own stop loss and take profit in points for added safety.
🔹Easy Installation: The EA is easy to install on any timeframe, and its logic remains the same.

GoldenScalp MT5 Review

🔹GoldenScalp MT5 was tested over a period of 3 years, starting in 2020, using a capital management setting of 0.01 lots per $100. The results showed the EA’s ability to deliver consistent profits while maintaining a controlled drawdown.

✅ Initial Deposit: $1,000
✅ Total Net Profit: $2,406,275
✅ Win Rate: 76.55%
✅ Maximum Drawdown: 10.12%

GoldenScalp MT5 Backtests Results

🔹The GoldenScalp MT5 has been tested over a 3-year period starting from 2020, using a money management setting of 0.01 lots for $100 balance. Below is a detailed breakdown of the backtest results and performance metrics:

✅ Initial Deposit: $1,000
✅ Total Net Profit: $778,290
✅ Win Rate: 76.44%
✅ Maximum Drawdown: 24.19%

GoldenScalp MT5 Backtest Trading Results

🔹The GoldenScalp MT5 shows impressive results in its backtest over a 3-year period starting from 2020 with the preset “GS Grid Classic 001for200”. Below is the detailed analysis of the trading statistics:

✅ Initial Deposit: $1,000
✅ Total Net Profit: $123,000
✅ Win Rate: 97.84%
✅ Maximum Drawdown: 3.97%

GoldenScalp MT5 Backtest Results

Why choose GoldenScalp MT5?

🔹High Flexibility: The EA’s dual strategy presets allow you to choose a strategy that fits your risk tolerance and trading style.
🔹Enhanced Capital Protection: The “GS SL dynamic” preset’s hidden stop loss and the customizable safety levels provide a high level of capital protection.
🔹Adaptable to Market Conditions: The EA’s dynamic stop loss and grid-based averaging make it adaptable to different market conditions.
🔹User-Friendly Interface: The EA is easy to install and customize, and it provides a high degree of control over its parameters.

Recommended Settings

Recommended settings and parameters to pay attention to from developers and experts:

➡️ Reviewed by David Easton

Product Download Package?

The download package of the product suite includes:

1. Experts:

✅ Setting (If Any).docx
✅ Installation Guide.docx

2. Presets:

✅ GS grid classic 001for200 MT5.set
✅ GS SL dynamic 001for100 MT5.set

Conclusion

In short, GoldenScalp MT5 is a versatile Expert Advisor (EA) offering dual strategy presets with hidden stop-loss and grid trading options. With dynamic risk management, flexible lot sizing, and recovery money management, it ensures strong capital protection and consistent profits. Backtests confirm high win rates, low drawdown, and impressive profitability, making GoldenScalp MT5 a reliable and adaptable EA for Gold trading on any MT5 account.