Gold SnR Momentum Scalper Pro identifies entry points by combining support and resistance zones with RSI and moving average momentum. The system incorporates tick-level analysis to measure buying and selling pressure before execution. Instead of fixed take-profit levels, it manages exits based on market structure, momentum flips, or trailing stops behind identified zones. It includes risk controls such as daily loss limits and equity drawdown protection.
Read from GOLD_SnR_Momentum_Scalper_Pro.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
InpSymbolAlias
string
XAUUSD,GOLD
InpMagicNumber
ulong
29052026
InpExecutionTF
ENUM_TIMEFRAMES
PERIOD_M1
InpBrokerPreset
BrokerPreset
BROKER_AUTO
InpAutoDetectPipInPoints
bool
true
InpAutoAdaptSpread
bool
true
InpSpreadSafetyMultiplier
double
1.80
InpSpreadSampleTicks
int
80
InpRespectStopFreezeLevel
bool
true
InpAutoFillingMode
bool
true
InpMaxSlippagePoints
int
30
InpBrokerSafeMode
bool
true
Show all 40 inputs
Name
Type
Default
Description
InpUseSignalScore
bool
true
InpMinSignalScore
int
55
InpRSIPeriod
int
5
InpBuyRSILevel
double
45.0
InpSellRSILevel
double
55.0
InpMAPeriod
int
3
InpMAMethod
ENUM_MA_METHOD
MODE_EMA
InpUseRSISlope
bool
true
InpUseLiveCandleMomentum
bool
true
InpUseTickData
bool
true
InpTickLookback
int
24
InpMinTickDirectionRatio
double
0.56
InpMinTickSpeedPointsSec
double
20.0
InpRequireTickConfirmation
bool
false
InpBlockOppositeTick
bool
true
InpUseCandlePattern
bool
true
InpBlockOppositeCandle
bool
true
InpMinCandleBodyRatio
double
0.20
InpWickRejectionRatio
double
0.45
InpSwingStrength
int
1
InpSnRLookbackBars
int
60
InpZoneWidthPoints
int
120
InpMinSnRTouches
int
1
InpBreakBufferPoints
int
20
InpMinRoomPoints
int
40
InpTradeSnRBreakout
bool
true
InpTradeSnRBounce
bool
true
InpUseATRFilter
bool
true
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone said00001/EA_XAU_Smart_SnR_Scalper_Pro_for-MT5 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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