EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
GainzAlgo EA
This MetaTrader 5 robot is a trend-following expert advisor converted from Pine Script, designed primarily for gold scalping on the one-minute timeframe.
GitHub stars2
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Last update5 months ago29 Mar 2026
LicenceNone stated
Overview
GainzAlgo EA identifies entries using a triple Exponential Moving Average stack combined with Relative Strength Index filters and candle confirmation. The EA manages risk through Average True Range based stop loss and take profit levels, aiming for a consistent reward-to-risk ratio. It includes features like compounding lot sizes, margin-based position sizing, and a higher timeframe trend filter to refine trade selection while providing multiple built-in performance presets.
- Triple EMA trend-following system
- ATR-based dynamic stop loss and take profit
- RSI-based entry and exit filters
- Higher timeframe trend confirmation
- Compounding and margin-based lot sizing
Details
Author
saadkhan371 on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Scalping, Indicator crossover
Markets
Gold, Forex, Crypto
Timeframes
M1-M5, M15-H1
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
Input parameters
Read from GainzAlgo_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpPreset | ENUM_PRESET | PRESET_MICRO | |
InpEmaFastLen | int | 5 | Fast EMA Length |
InpEmaSlowLen | int | 13 | Slow EMA Length |
InpEmaTrendLen | int | 34 | Trend EMA Length |
InpRsiLen | int | 7 | RSI Length |
InpRsiOB | int | 72 | RSI Overbought |
InpRsiOS | int | 28 | RSI Oversold |
InpAtrLen | int | 14 | ATR Length |
InpSymbol | string | XAUUSDm | Symbol (XAUUSDm in MT5 for Gold, $100 setup) |
InpMultiSymbol | bool | false | Trade multiple symbols |
InpSymbolList | string | XAUUSDm | Symbols (comma-separated, when Multi ON) |
InpInitialDeposit | double | 100 | Initial Deposit ($100 – set Tester Deposit to match) |
Show all 30 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpUseAtrMult | bool | true | Use ATR for SL/TP |
InpTpMult | double | 2.0 | Take Profit (x ATR) manual |
InpSlMult | double | 1.0 | Stop Loss (x ATR) manual |
InpUseCompounding | bool | false | Enable Compounding (lot size grows with balance) |
InpUseMarginBasedLot | bool | true | Auto lot to fit margin (ON = no "not enough money") |
InpLotSize | double | 0.01 | Lot size (0.01 for EURUSDm $100; fixed when margin-based gives 0) |
InpCompoundingPercent | double | 0.5 | Risk % per trade when compounding (0.5% = $0.50 on $100) |
InpMaxPositions | int | 1 | Max open positions per direction (1 = 75% strategy) |
InpMagic | int | 123456 | Magic Number |
InpTimeframe | ENUM_TIMEFRAME_MODE | TF_M1 | Timeframe mode (M1 for $100 scalping) |
InpUseM5Trend | bool | true | M5 trend filter (75% strategy: only trade with M5 trend) |
InpM5TrendBars | int | 2 | M5 trend confirmation (2 = require 2 bars in trend) |
InpCandleConfirm | bool | true | Candle confirmation (bar close in trade direction) |
InpMinSLPoints | double | 0 | Min SL distance (points, 0=off; e.g. 30 for XAUUSD) |
InpShowSignals | bool | true | Show BUY/SELL Arrows |
InpShowTPSLLabels | bool | false | Show TP/SL text labels |
InpShowPositionDashboard | bool | true | Show Position Table (Entry/SL/TP/Risk:Reward) in corner |
InpDebugMode | bool | true | Debug: full logs + profit per trade | OFF: live, errors only |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone saadkhan371/pinescript 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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