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MT5 expert advisor$100 on MQL5by Reynaldo Jr Audencial Pascual
What the developer says
GoldScalperPro – Automated Gold Trading EA for MT5 GoldScalperPro is a fully automated Expert Advisor (EA) for MetaTrader 5, designed for Gold (XAUUSD) and other volatile markets.
Quoted from the listing. We have not tested these claims.
Compiled from its public MQL5 listing. FxRobotEasy has not traded GoldScalperPro; what these notes say about how it works comes from that listing.
GoldScalperPro stands out for combining price action with smart money concepts such as fair value gaps and swing structure, allowing it to locate short-lived inefficiencies on volatile instruments like gold.
The algorithm uses an EMA-based trend filter to prefer trades in the direction of momentum, then scans for fair value gaps and swing high/low structure to confirm entries. Trade entries are multi-confirmation based, requiring at least two independent signals and spread checks before execution. GoldScalperPro includes configurable risk parameters, time-of-day limits, and a built-in max drawdown stop to suspend trading when adverse sequences occur. The EA logs trade-level data for post-trade review and supports standard MT5 journal outputs.
Observed market conditions where GoldScalperPro performs best include clear trending or directional intraday moves with moderate volatility and tight bid-ask spreads. It is less effective in extended news-driven spikes or extremely choppy, sideways sessions.
GoldScalperPro should be classified as a moderate risk automated strategy. It aims for frequent small wins with occasional larger losing sequences, so drawdown can reach double digits during unfavorable market regimes. Stop loss strategy is dynamic and uses structure-based invalidation points and fair value gap boundaries rather than fixed wide stops, which helps contain losses while allowing scalps room to run.
Position sizing is percentage-based and recommended at 0.5 to 1.0 percent risk per trade for most accounts, with a maximum trade cap to limit correlation risk. Vulnerabilities include low-liquidity periods, high-spread brokers, and major market news that creates erratic price spikes. Recommended account size starts at $1,000 for conservative use, with larger balances reducing relative risk per trade.
Listed strengths
Worth checking
Install GoldScalperPro by copying the EA file into the MetaTrader 5 Experts folder and restarting the platform to allow MT5 to compile and recognize the file. Attach the EA to an XAUUSD chart and enable automated trading, then set basic parameters such as riskPercent, maxSpread, tradeStartHour, tradeEndHour, and maxOpenTrades according to your account size. Choose an ECN or STP broker with low XAUUSD spreads and reliable order execution. Recommended chart timeframes are M1 to M15 for scalping mode. Test the EA on a demo account for at least 30 calendar days and perform a forward test or 6 months of live-sim trading before committing real capital.
Free to try · from FxRobotEasy
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
FxRobotEasy on Telegram
The team's notes, every day
| GoldScalperPro | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($100) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Reynaldo Jr Audencial Pascual | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.