Gold Scalper EA identifies entries via EMA crossovers on the one-minute timeframe, while confirming the overall trend using larger periods on the five-minute chart. Risk management includes dynamic stop loss and take profit levels calculated via the Average True Range indicator. It features equity-based lot sizing, trailing stop functionality, and hard daily profit and loss limits to manage drawdowns and protect capital.
Read from GoldScalper.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
RiskPercent
double
1.0
ال?
MaxPositions
int
1
أقصى عدد صفقات
MaxDailyProfit
double
5.0
إيقاف عند ربح 5$
MaxDailyLoss
double
2.0
إيقاف عند خسارة 2$
UseTrailing
bool
true
TrailStartProfit
double
1.0
يبدأ التريلينغ عند ربح 1$
TrailDistancePts
int
150
FastEMA_M1
int
9
SlowEMA_M1
int
21
FastEMA_M5
int
20
SlowEMA_M5
int
50
ATRPeriod
int
14
Show all 15 inputs
Name
Type
Default
Description
SL_ATR_Mult
double
1.2
TP_RR
double
1.5
MagicNumber
ulong
505050
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone hawada850-glitch/gold-scalper-ea 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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