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
SMC Gold Diggers
This MetaTrader 5 expert advisor automates trading for XAUUSD using Smart Money Concepts.
High risk
GitHub stars8
Forks1
Last update1 year ago25 Jun 2025
LicenceNone stated
Overview
SMC Gold Diggers implements a multi-timeframe approach, analyzing the H1 for bias, M15 for structure, and M5 for execution. The strategy enters positions based on order blocks, fair value gaps, and liquidity grabs. Risk controls include percentage-based lot sizing, trailing stops, and breakeven triggers, alongside daily profit and loss limits. It features session filtering for London and New York hours and a volatility filter. The repository includes several versions but lacks documentation in the README.
- Multi-timeframe Smart Money Concepts analysis
- Order block and fair value gap detection
- Advanced trailing stop and breakeven logic
- Daily equity protection and session filtering
- Partial position closing functionality
Details
Author
Konyuka on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
SMC / ICT / price action, Martingale
Markets
Gold
Timeframes
M15-H1
Risk profile
- Uses martingale lot scaling: losses can grow fast
Input parameters
Read from cld_live_demo.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
BaseTimeframe | ENUM_TIMEFRAMES | PERIOD_M15 | Base timeframe (market structure) - FASTER |
ConfirmTimeframe | ENUM_TIMEFRAMES | PERIOD_M5 | Confirmation timeframe - FASTER |
HigherTimeframe | ENUM_TIMEFRAMES | PERIOD_H1 | Higher timeframe (bias) - FASTER |
MaxOpenTrades | int | 2 | Maximum open trades - INCREASED for more opportunities |
Slippage | int | 30 | Slippage in points (higher for live) |
RiskPerTradePercent | double | 0.5 | Risk per trade (% of balance) - CONSERVATIVE |
StopLossPips | int | 80 | Default SL (8 pips for XAUUSD) - TIGHT |
TakeProfitPips | int | 160 | Default TP (16 pips for XAUUSD) - FAST PROFITS |
UseAutoRR | bool | true | Use automatic risk-reward |
MinRiskReward | double | 2.0 | Minimum risk:reward ratio |
UseTrailingStop | bool | true | Enable trailing stop |
TrailingStopPips | int | 60 | Trailing stop distance - TIGHT |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
UseBreakeven | bool | true | Move SL to breakeven |
BreakevenPips | int | 40 | Breakeven trigger distance - FAST |
SMC_Indicator_Name | string | LuxAlgo - Smart Money Concepts | Indicator name |
SMC_OB_Lookback | int | 10 | Order block lookback (bars) - SHORTER |
SMC_FVG_Lookback | int | 8 | FVG lookback (bars) - SHORTER |
UseOrderBlocks | bool | true | Trade order blocks |
UseFairValueGaps | bool | true | Trade fair value gaps |
UseLiquidityGrabs | bool | true | Trade liquidity grabs |
MinOBSize | double | 15 | Minimum order block size (1.5 pips) - EVEN SMALLER for more signals |
UseSessionFilter | bool | true | Enable session filtering |
LondonStartHour | int | 7 | London session start (GMT) |
LondonEndHour | int | 16 | London session end (GMT) |
NewYorkStartHour | int | 13 | New York session start (GMT) |
NewYorkEndHour | int | 21 | New York session end (GMT) |
UseVolatilityFilter | bool | true | Enable volatility filter |
MaxATRPercent | double | 1.2 | Maximum ATR percentage (relaxed for live) |
UseSpreadFilter | bool | true | Enable spread filter |
MaxSpreadPips | double | 50 | Maximum spread (pips) - Higher for live |
MagicNumber | int | 20241225 | EA Magic Number (Updated) |
TradeComment | string | SMC-Gold-LiveDemo | Trade comment |
EnableAlerts | bool | true | Enable trade alerts |
EnablePartialClose | bool | true | Enable partial position closing |
PartialClosePercent | double | 50.0 | Partial close percentage |
PartialClosePips | int | 80 | Partial close trigger (8 pips) - FAST PROFITS |
DailyProfitTarget | double | 50.0 | Daily profit target ($) |
DailyMaxLoss | double | -25.0 | Daily maximum loss ($) |
MaxDailyTrades | int | 15 | Maximum trades per day |
StopAfterDailyTarget | bool | true | Stop trading after daily target reached |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone Konyuka/SMC-GoldDiggers 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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