About the Gold Profit Scalper Expert Advisor
Introducing the Gold Profit Scalper Expert Advisor (EA) for MetaTrader 4, a fully automated trading robot optimized for trading gold (XAU/USD).
This scalping EA is designed to capitalize on short-term price movements, aiming for consistent profits with minimal risk.
The EA made a +13.34% gain in 2 months of trading activity.
It opens approximately 2-4 trades a day and follows the overall Gold trend found across multiple time frames.
It also incorporates a news trading filter, which can be fully modified according to your own personal preferences (EA properties).
The Gold Profit Scalper should also be working for currency pairs, but it’s recommended to use it exclusively on Gold.
Free Download
Download the “Gold Profit Scalper EA.ex4” expert advisor
Key Features
Optimized for Gold Trading
Specifically designed for XAU/USD, the EA identifies entry and exit points with precision across multiple timeframes.
Automated Scalping Strategy
Opens 2-4 trades per day to capture short-term price movements, aiming for consistent small profits.
Adjustable Risk Management
Allows users to customize lot size, stop loss, take profit levels, and include a news filter to reduce exposure during high-impact events.
Real-Time Performance Tracking
Monitor the EA’s activity and profitability with detailed analytics in real time.
Easy Installation
Quick setup for MT4 accounts ensures that traders can start automated trading immediately.
MyFXBook Trading Results
Find below the detailed Gold Profit Scalper EA track record for 2 trading months (click on the picture for full-size view).
Key Points
- Gain: +13.34% (2 months)
- Profit trades: 95.9%
- Loss trades: 4.1%
- Trading activity: 19.7%
- Maximum drawdown: 8%
The Gold Profit Scalper EA has delivered remarkable results, generating a +13.34% gain in just two months while maintaining consistent daily profits.
Its dependable performance in live trading underscores its potential for steady, reliable returns.
Trading Chart
The picture below shows the Gold Profit Scalper expert advisor attached to the Gold M5 trading chart.
How the EA Works
- Analyzes multiple timeframes to determine market trends.
- Opens 2-4 trades per day based on scalping signals.
- Executes trades with predefined stop loss and take profit levels.
- Adjusts trading parameters automatically based on live market data.
- Utilizes a news filter to avoid high-impact news events.
Download Now
Download the “Gold Profit Scalper EA.ex4” EA
Parameters & Settings
- Magic Number: Unique identifier for trades.
- Use Fixed Lots: Option for fixed lot sizes.
- Account Risk (%): Risk per trade as a percentage of account balance.
- Risk per Trade (%): Individual trade risk percentage.
- Use MT4 Alert: Enable or disable MT4 alerts.
- Use Email: Enable or disable email notifications.
- Use Mobile Notification: Enable or disable mobile notifications.
- News Filter: Avoid trading during major news events.
- EMA Settings: Enable/disable Exponential Moving Average usage.
- Time Settings: Specify trading hours and days.
Recommended Trading Setup
- Minimum Account Balance: $250.
- Recommended Timeframe: M5 for optimal scalping.
- Broker with low spreads and fast execution.
- Demo account recommended for testing.
- Deploy on a live account after testing.
FAQ
Is the Gold Profit Scalper EA suitable for beginners?
Yes, it is user-friendly with detailed instructions, making it accessible for traders of all experience levels.
Can I use the EA on a live account immediately?
Testing on a demo account is recommended before using it live to understand performance and optimize settings.
Does it require constant monitoring?
No, the EA operates autonomously, though occasional monitoring is advised for optimal performance.
Summary
The Gold Profit Scalper EA for MT4 is a powerful automated tool designed specifically for gold (XAU/USD) scalping.
By analyzing multiple timeframes and market conditions, it identifies high-probability entry and exit points, allowing traders to capitalize on short-term price movements with precision.
Equipped with fully adjustable risk management settings, including customizable lot sizes, stop loss, and take profit levels, the EA provides flexibility for both conservative and aggressive trading styles.
Its built-in news filter helps protect trades from high-impact events, reducing potential drawdowns and ensuring safer performance in live market conditions.
Download the Gold Profit Scalper EA today to start automating your gold trades, minimize emotional trading mistakes, and potentially achieve steady, long-term profitability with a fully automated scalping system.
