GoldMasterScalperV13 MT5 (Latest version) - Unlimited

🔢 GoldMasterScalperV13 EA MT5 – Complete Settings Guide

GoldMasterScalperV13 EA is an automated Gold trading Expert Advisor designed for XAU/USD and focused on fast, precision-oriented scalping. Its configuration combines risk management, daily loss control, ATR-based volatility analysis, Stochastic momentum filtering, and ATR-multiple Stop Loss and Take Profit calculations.

The supplied Inputs show a relatively compact configuration, allowing traders to control position sizing, maximum daily loss, ATR sensitivity, Stochastic parameters, and dynamic SL/TP distances. The EA’s public MQL5 description identifies GoldMasterScalperV13 as a Gold-focused automated trading system with an emphasis on fast execution and risk management.

GoldMasterScalperV13 EA MT5 Settings Panel

🔢 Money Management Settings

🔹 InpRiskPercent = 1.0 — Sets the risk percentage parameter to 1.0, used by the EA when calculating position size under its risk-based money-management logic.

🔹 InpFixedLots = 0.1 — Sets the fixed trading volume to 0.1 lots, providing a predefined lot size when the EA uses its fixed-lot configuration or internal fallback logic.

🔹 InpMaxDailyLoss = 3 — Sets the maximum daily-loss parameter to 3; the exact unit or enforcement method should be confirmed from the EA’s source logic because the Inputs panel does not specify a percentage symbol.

🔢 ATR Settings

🔹 InpATRPeriod = 10 — Sets the ATR calculation period to 10, determining how many price bars are used to measure recent market volatility.

🔹 InpATRMult = 3.0 — Sets the general ATR multiplier to 3.0, controlling the distance applied when the EA uses ATR-based calculations.

🔢 Stochastic Settings

🔹 InpStochK = 5 — Sets the Stochastic %K period to 5, controlling the primary lookback period used in the Stochastic oscillator calculation.

🔹 InpStochD = 3 — Sets the Stochastic %D smoothing period to 3, determining the smoothing applied to the %K calculation.

🔹 InpStochSlow = 3 — Sets the Stochastic slowing value to 3, controlling additional smoothing of the oscillator.

🔹 InpStochOversold = 20.0 — Defines the Stochastic oversold level at 20.0, commonly used to identify conditions where downward momentum may have become extended.

🔹 InpStochOverbought = 80.0 — Defines the Stochastic overbought level at 80.0, commonly used to identify conditions where upward momentum may have become extended.

🔢 ATR-Based Trade Management

🔹 InpSL_ATRMult = 2.0 — Sets the Stop Loss ATR multiplier to 2.0, meaning the configured SL distance is based on an ATR multiple of 2.0 according to the EA’s internal calculation.

🔹 InpTP_ATRMult = 3.0 — Sets the Take Profit ATR multiplier to 3.0, meaning the configured TP distance is based on an ATR multiple of 3.0 according to the EA’s internal calculation.

🔹 InpMagic = 20250101 — Assigns the unique Magic Number 20250101 to trades managed by the EA, allowing its positions to be distinguished from other automated systems or manual trades.

🔹 InpComment = SupertrendStoch — Sets the trade comment to SupertrendStoch, providing an identifying label for orders generated by the EA.

🔢 Current GoldMasterScalperV13 EA MT5 Configuration

🔹 InpRiskPercent = 1.0 — Risk parameter is configured at 1.0.

🔹 InpFixedLots = 0.1 — Fixed lot parameter is configured at 0.1 lots.

🔹 InpMaxDailyLoss = 3 — Maximum daily-loss parameter is configured at 3.

🔹 InpATRPeriod = 10 — ATR uses a 10-period calculation.

🔹 InpATRMult = 3.0 — General ATR multiplier is 3.0.

🔹 InpStochK = 5 — Stochastic %K period is 5.

🔹 InpStochD = 3 — Stochastic %D period is 3.

🔹 InpStochSlow = 3 — Stochastic slowing value is 3.

🔹 InpStochOversold = 20.0 — Oversold threshold is 20.0.

🔹 InpStochOverbought = 80.0 — Overbought threshold is 80.0.

🔹 InpSL_ATRMult = 2.0 — ATR-based Stop Loss multiplier is 2.0.

🔹 InpTP_ATRMult = 3.0 — ATR-based Take Profit multiplier is 3.0.

🔹 InpMagic = 20250101 — EA Magic Number is 20250101.

🔹 InpComment = SupertrendStoch — EA trade comment is SupertrendStoch.

🔢 How the Settings Work Together

🔹 Risk and Position Sizing — The EA provides both InpRiskPercent = 1.0 and InpFixedLots = 0.1, allowing its internal money-management logic to work with either percentage-based risk or fixed-volume sizing.

🔹 Daily Loss Protection — InpMaxDailyLoss = 3 establishes a daily loss-control parameter intended to restrict further trading once the configured limit is reached; its exact unit requires confirmation from the EA implementation.

🔹 Volatility Measurement — InpATRPeriod = 10 makes the ATR calculation responsive to relatively recent market conditions, while InpATRMult = 3.0 provides a broader ATR multiplier for the EA’s general volatility calculations.

🔹 Momentum Filtering — The Stochastic configuration uses K = 5, D = 3, and Slow = 3, together with 20.0 oversold and 80.0 overbought levels.

🔹 Dynamic Stop Loss — InpSL_ATRMult = 2.0 configures the Stop Loss around an ATR multiple of 2.0, allowing the SL distance to adapt to measured volatility rather than relying only on a static point value.

🔹 Dynamic Take Profit — InpTP_ATRMult = 3.0 configures the Take Profit around an ATR multiple of 3.0, providing a larger volatility-based target than the configured SL multiplier.

🔹 Default ATR Risk-to-Reward Distance — Based purely on the configured multipliers, SL = 2.0 ATR and TP = 3.0 ATR, producing a 2:3 distance relationship, or approximately 1:1.5 risk-to-reward before considering spread, slippage, commissions, and the EA’s exact execution logic.

🔹 Trade Identification — InpMagic = 20250101 and InpComment = SupertrendStoch provide two identifiers that can help distinguish GoldMasterScalperV13 trades within MetaTrader 5.

🔢 Conclusion

GoldMasterScalperV13 EA MT5 uses a focused configuration built around risk management, ATR volatility measurement, Stochastic momentum analysis, and dynamic ATR-based trade exits. The current setup uses 1.0 risk, 0.1 fixed lots, an InpMaxDailyLoss value of 3, a 10-period ATR, and a 5/3/3 Stochastic configuration.

The exit structure is particularly notable: InpSL_ATRMult = 2.0 and InpTP_ATRMult = 3.0 create a 2:3 ATR-based distance relationship, while the 20.0 oversold and 80.0 overbought thresholds provide clear Stochastic reference levels. The MQL5 Market listing also positions GoldMasterScalperV13 as a Gold/XAUUSD-focused automated scalping EA with an emphasis on execution and risk management.