Stochastic Scalper: Automated MT4 scalping for XAU/USD with verified risk-managed performance

This review of Stochastic Scalper includes a 2025 performance analysis that focuses on real trading behavior, rule logic, and measurable outcomes. Stochastic Scalper is an MT4 expert advisor by Ignacio Agustin Mene Franco priced at $629, rated 4.5/5 across 100 reviews, and specifically tuned for XAU/USD scalping on the M5 chart. The EA is unique because it pairs a short-period Stochastic oscillator (5,3,3) with an adaptive grid that places strategic pending orders and uses double confirmation to avoid low-quality signals. The algorithm initiates trades when stochastic crossovers align with momentum thresholds and secondary confirmation filters, then layers protective pending orders to capture rebounds. Trade management uses dynamic stop adjustments and automated partial exits to lock profit while limiting exposure. In practice, Stochastic Scalper works best during London and New York overlap sessions when gold exhibits repeatable micro-trends and clear retracement patterns. It is not designed for extreme trending news events without additional volatility filters. Risk controls are built into position sizing and grid spacing; users can cap maximum open lots and configure grid distance. Expected performance characteristics include frequent small wins, occasional clustered trades during volatility spikes, and drawdowns controlled through configurable stop and account risk limits. For transparent testing users should run multi-month backtests and a forward demo before allocating live capital.