by 
The Gold Reaper is a multi-strategy expert advisor for MetaTrader 4 and 5. It trades gold pairs using breakout and reversal entries based on fractals and ATR. Trades enter when spread and frequency conditions are met and exit via trailing stops or time-based rules. The EA includes NFP filters to pause during economic e
Trading robot · MT5
Long Tail Scalper
Long Tail Scalper is a MetaTrader 5 expert advisor designed for trend-following strategies with a focus on surviving ranging markets.
High risk
GitHub stars1
Forks0
Last update1 year ago30 Jun 2025
LicenceNone stated
Overview
Long Tail Scalper implements a fixed reward-to-risk ratio and a dynamic grid-based system to manage position entries and exits. The robot utilizes a progressive lot sizing sequence to recover during market ranges, which requires significant margin. Risk management features include a daily session controller for specific trading windows and automated grid shift monitoring. The strategy is primarily optimized for gold and volatile market conditions.
- Dynamic grid-based trading system
- Progressive lot sizing sequence
- Daily session time management
- Automated recovery mechanism
Details
Author
SilverbackOssi on GitHub
Type
Trading robot
Platform
Strategy
Timeframes
M1-M5, M15-H1
Risk Profile
- Uses martingale lot scaling: losses can grow fast
- Opens a grid of orders: exposure builds up in a trend
- Trades without a fixed stop loss
EA Files
Input Parameters
Read from LongTailsScalperV1.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
use_daily_session | bool | false | trade 24/7 |
multiplier | int | 3 | |
sequenceLength | int | 50 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone SilverbackOssi/LongTail-Strategy 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, and any .mqh files into the Include folder the code expects.
- 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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