SMC ICT Gold Scalper identifies entries through multi-timeframe analysis across M5, M15, and H1 periods, combined with RSI momentum confirmation. Risk management features include configurable stop loss and take profit levels, optional ATR-based dynamic protection, and a spread filter. To control exposure, the robot includes a maximum daily trade limit and a session filter to restrict activity to high-liquidity hours.
Read from SMC_ICT_Gold_Scalper.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
DebugMode
bool
true
Enable debug messages
ForceTrade
bool
true
Force one trade for testing
ShowAllChecks
bool
true
Show all trading conditions
RiskPercent
double
1.0
Risk % per trade
UseATR
bool
false
Use ATR for dynamic SL
ATR_Period
int
14
ATR Period
InitialCapital
double
100
TargetCapital
double
1000
LotPer100
double
0.03
GoldScalpTP
int
80
Increased TP
GoldScalpSL
int
50
Increased SL
GoldMaxSpread
double
30.0
Max spread in pips
Show all 15 inputs
Name
Type
Default
Description
MinMinutesBetweenTrades
int
5
Min time between trades
MinPipsSignal
int
3.0
Minimum pips for signal
MaxDailyTrades
int
10
Reduced daily trades
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone gst-47/Gold-Scalper-EA-v7.2 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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