Scalp Gold EA is a MetaTrader 5 robot primarily optimized for XAUUSD and major forex pairs. It employs a multi-tiered entry system that selects risk levels based on setup confluence and H4 trend alignment via moving averages. Entries are further filtered by ADX momentum and volatility checks. The EA manages risk with a
Trading robot · MT5
Sophisticated Scalping EA
This MetaTrader 5 expert advisor is a multi-timeframe scalping robot designed for the forex market.
GitHub stars2
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Last update1 year ago3 Jun 2025
LicenceNone stated
Overview
Sophisticated Scalping EA utilizes a Currency Strength Meter (CSM) combined with a technical indicator suite including RSI, MACD, and ADX to identify entry signals across various periods from M1 to H4. The system incorporates comprehensive risk controls such as percentage-based lot sizing, fixed point-based stop loss and take profit levels, and a smart trailing stop mechanism. It also includes session-based trading filters and real-time performance tracking to manage open positions and overall account exposure.
- Multi-timeframe analysis covering M1 to H4
- Integrated Currency Strength Meter (CSM) engine
- Technical filtering using RSI, MACD, and ADX indicators
- Smart trailing stop with unlimited take profit extension
- Configurable risk management with maximum position limits
Details
Author
smahud on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Scalping, Trend following, Multi-strategy
Markets
Forex
Timeframes
M1-M5, M15-H1
Risk profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA files
Input parameters
Read from SophisticatedScalpingEA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpEnableEA | bool | true | Enable EA |
InpMagicNumber | int | 123456 | Magic Number |
InpEAComment | string | ScalpingEA_Pro_smahud | EA Comment |
InpEnableVisualAnnotations | bool | true | Enable Visual Annotations |
InpEnableBacktestVisuals | bool | true | Enable Backtest Visuals |
InpEnableLiveVisuals | bool | true | Enable Live Trading Visuals |
InpEnableDesktopAlerts | bool | true | Enable Desktop Alerts |
InpEnableMobileAlerts | bool | true | Enable Mobile Notifications |
InpEnableSoundAlerts | bool | true | Enable Sound Alerts |
InpEnablePerformanceTracking | bool | true | Enable Performance Tracking |
InpAlertSoundFile | string | alert.wav | Alert Sound File |
InpMaxAlertsPerMinute | int | 10 | Max Alerts Per Minute |
Show all 40 inputs
| Name | Type | Default | Description |
|---|---|---|---|
InpAlertCooldownSeconds | int | 5 | Alert Cooldown (seconds) |
InpUseM1 | bool | true | Use M1 timeframe |
InpUseM5 | bool | true | Use M5 timeframe |
InpUseM15 | bool | true | Use M15 timeframe |
InpUseM30 | bool | true | Use M30 timeframe |
InpUseH1 | bool | true | Use H1 timeframe |
InpUseH4 | bool | true | Use H4 timeframe |
InpCSMStrengthThreshold | double | 80.0 | CSM Strength Threshold (%) |
InpCSMCorrelationThreshold | double | 80.0 | CSM Correlation Threshold (%) |
InpCSMCalculationPeriod | int | 100 | CSM Calculation Period |
InpSignalStrengthThreshold | double | 80.0 | Signal Strength Threshold (%) |
InpRSIPeriod | int | 14 | RSI Period |
InpMACDFast | int | 12 | MACD Fast EMA |
InpMACDSlow | int | 26 | MACD Slow EMA |
InpMACDSignal | int | 9 | MACD Signal SMA |
InpADXPeriod | int | 14 | ADX Period |
InpADXThreshold | double | 25.0 | ADX Threshold |
InpRiskPerTrade | double | 2.0 | Risk per trade (%) |
InpMaxTotalRisk | double | 8.0 | Maximum total risk (%) |
InpMaxPositions | int | 5 | Maximum concurrent positions |
InpMaxPositionsPerPair | int | 1 | Maximum positions per pair |
InpStopLossPoints | double | 200 | Stop Loss (points) |
InpTakeProfitPoints | double | 300 | Take Profit (points) |
InpEnableSmartTrailing | bool | true | Enable Smart Trailing |
InpTrailingStart | double | 150 | Trailing Start (points) |
InpTrailingStep | double | 50 | Trailing Step (points) |
InpUnlimitedTPExtension | bool | true | Unlimited TP Extension |
InpCheckMarketSessions | bool | true | Check Market Sessions |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone smahud/SophisticatedScalpingEA 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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