Bakome Gold Scalper: Free MT5 Expert Advisor

Overview

Bakome Gold Scalper executes trades based on Inner Circle Trader concepts, incorporating Fair Value Gaps, Order Blocks, Liquidity Sweeps, and Silver Bullet kill zones. The system limits trading to specific sessions, primarily London and New York, while filtering entries using ATR-based volatility checks and spread limits. Risk management includes percentage-based lot sizing, daily loss and profit limits, and active position management via trailing stops, break-even triggers, and partial closes.

ICT institutional market structure analysis

Volatility-based ATR stop loss and take profit

Session-specific trading with Silver Bullet windows

Daily drawdown protection and profit targets

Partial close and trailing stop functionality

Details

Author

BAKOME-Hub on GitHub

Type

Trading robot

Platform

MetaTrader 5 (MQL5)

Strategy

SMC / ICT / price action, Scalping

Markets

Gold

Timeframes

M1-M5

Risk Profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

EA Files

Ultimate_ICT_Gold_Scalper_v3.0.mq5

Source

github.com/BAKOME-Hub/BAKOMEGoldScalper

Input Parameters

Read from Ultimate_ICT_Gold_Scalper_v3.0.mq5. Defaults are the author's; change them in the EA's Inputs tab.

Name	Type	Default	Description
`RiskPercent`	`double`	`1.0`	Risk per trade (%)
`MaxDailyRiskPercent`	`double`	`5.0`	Max daily loss (%)
`MaxDailyProfitPercent`	`double`	`8.0`	Daily profit target (%)
`MaxPositions`	`int`	`2`	Maximum concurrent positions
`MaxDailyTrades`	`int`	`10`	Maximum trades per day
`MinATR_Points`	`double`	`100.0`	Minimum ATR for Gold (points)
`MaxSpreadPoints`	`double`	`50.0`	Maximum spread (points)
`ATR_SL_Multiplier`	`double`	`2.0`	Stop Loss ATR multiplier
`ATR_TP_Multiplier`	`double`	`3.0`	Take Profit ATR multiplier
`UseLiquiditySweeps`	`bool`	`true`	Use liquidity sweeps
`UseFairValueGaps`	`bool`	`true`	Use Fair Value Gaps
`UseOrderBlocks`	`bool`	`true`	Use Order Blocks

Show all 40 inputs

Name	Type	Default	Description
`UseSilverBullet`	`bool`	`true`	Use Silver Bullet
`LiquidityLookback`	`int`	`50`	Bars for liquidity lookback
`FVG_Lookback`	`int`	`20`	Bars for FVG lookback
`FVG_MinSizeATR`	`double`	`0.5`	Minimum FVG size (x ATR)
`TradeAsianSession`	`bool`	`false`	Trade Asian session
`TradeLondonSession`	`bool`	`true`	Trade London session
`TradeNewYorkSession`	`bool`	`true`	Trade New York session
`LondonStartHour`	`int`	`7`	London session start
`NewYorkStartHour`	`int`	`13`	New York session start
`LondonSilverBullet`	`bool`	`true`
`LondonKillZoneStart`	`int`	`8`
`LondonKillZoneEnd`	`int`	`9`
`NewYorkSilverBullet`	`bool`	`true`
`NYKillZoneStart`	`int`	`15`
`NYKillZoneEnd`	`int`	`16`
`UseBreakEven`	`bool`	`true`
`BE_TriggerATR`	`double`	`1.0`
`UseTrailingStop`	`bool`	`true`
`Trail_StartATR`	`double`	`1.5`
`Trail_StepATR`	`double`	`0.5`
`UsePartialClose`	`bool`	`true`
`PartialClosePercent`	`double`	`50.0`
`PartialCloseTriggerATR`	`double`	`1.0`
`SlippagePoints`	`int`	`10`
`OrderRetryCount`	`int`	`5`
`OrderRetryDelayMs`	`int`	`200`
`LogLevel`	`ENUM_LOG_LEVEL`	`LOG_INFO`
`UseAsyncExecution`	`bool`	`true`

How to Install It

1Download the sourceUse "Download source (.zip)" above, or clone BAKOME-Hub/BAKOMEGoldScalper from GitHub, and unzip it.

2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.

3Copy the filesCopy the .mq5 file into Experts.

4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.

5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.

Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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