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Automated XAUUSD Gold Trading | 7.4/10 Rating | News Filter & Stealth Mode
GOLD Scalper PRO, developed by Lachezar Krastev (autotrader), is a fully automated trading system designed specifically for GOLD (XAUUSD) scalping on the MetaTrader 4 platform. This EA uses the most proven trading principle since markets exist – namely a position entry in the direction of a distinctive market impulse and a following correction. This principle has been proven rock solid and widely exploited by "Smart Money" traders. The developer has used this trading pattern for more than 15 years in different trading systems.
GOLD Scalper PRO is not a grid, martingale, or other risky strategy – it is a classical trading strategy by textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic. The EA features strong, pure and simple trading logic, highly effective exit algorithm, 24/5 trading without time restrictions, reasonable TP and SL levels with optional ATR based algorithm, low drawdown, and solid 14-year backtest performance. The EA is equipped with PRO features like advanced news filter, stealth mode, advanced time management system, email and push notification system, and Friday exit system.
Based on our comprehensive analysis of GOLD Scalper PRO, here's what our AI system found and what it means for you:
What this means: The EA shows good accuracy in trade execution. At 78%, it's just below the 80% threshold we consider good, indicating reasonably reliable trade selection. This suggests the scalping strategy with market impulse and correction principle is effectively identifying trading opportunities, though accuracy could be improved. Accuracy 78% means it's decent at selecting winning trades, but not highly accurate. The scalping approach focuses on quick trades, which can result in moderate accuracy levels.
What this means: With a profitability score of 7/10, this EA shows good profit potential. This moderate score indicates the scalping strategy is effective at capturing profitable trades, though not exceptional. The strategy's focus on market impulse and correction, combined with reasonable TP and SL levels, makes it suitable for consistent trading. Profitability 7/10 means it's recommended for profit-seeking traders, but expectations should be realistic. Some users report good results, while others note periods of underperformance.
What this means: Good speed rating indicates efficient execution for scalping trading. The EA processes market data quickly to identify market impulse and correction opportunities and execute trades promptly. Speed 8/10 is sufficient for the scalping strategy's requirements, allowing timely identification and execution of trading opportunities. The 24/5 trading capability without time restrictions ensures the EA can act quickly when opportunities arise.
What this means: Good reliability score suggests the EA is reasonably stable and consistent. The 4.41/5 MQL5 rating with 29 reviews indicates a well-tested product with proven track record, though some users report periods of underperformance. The solid 14-year backtest performance and classical trading strategy approach contribute to this reliability. Reliability 7/10 means it's reasonably stable, though the moderate update frequency (6/10) suggests the EA may not adapt quickly to changing market conditions.
Our AI analysis recommends GOLD Scalper PRO for Gold scalping traders seeking automated trading with classical strategies. With good accuracy (78%), good profitability (7/10), good reliability (7/10), and balanced trust score (7.0/10), this EA is positioned for Gold market scalping. The market impulse and correction strategy, combined with news filter, stealth mode, excellent compatibility (9/10), and good customer support (8/10), make it a solid choice for traders who value classical trading approaches. The moderate profitability and reliability scores suggest it's suitable for consistent, moderate-profit trading, though users should be aware of potential periods of underperformance. For more options, check out our complete list of AI-rated forex tools or explore other MT4 Expert Advisors.
Best suited for: Traders looking for automated Gold scalping using classical market impulse and correction strategy. The EA's good compatibility (9/10) and 24/5 trading capability make it excellent for traders who want fully automated Gold trading. The moderate profitability and reliability scores suggest it's suitable for consistent, moderate-profit trading. The EA's classical approach without dangerous grid or Martingale systems makes it suitable for risk-conscious traders.
Consider this EA if: You want to trade Gold (XAUUSD) with a scalping strategy, need fully automated trading with news filter and stealth mode, prefer classical trading approaches without dangerous systems, and value good customer support. The EA's strength lies in its proven market impulse and correction principle, making it suitable for traders who understand scalping and are patient enough to handle periods of underperformance.
Uses the most proven trading principle since markets exist – position entry in the direction of a distinctive market impulse and a following correction. This principle has been proven rock solid and widely exploited by "Smart Money" traders. The developer has used this trading pattern for more than 15 years in different trading systems.
GOLD Scalper PRO is not a grid, martingale, or other risky strategy – it is a classical trading strategy by textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic. The EA features strong, pure and simple trading logic with few parameters needed to be profitable, avoiding curve-fitted systems with hundreds of parameters.
Features a highly effective exit algorithm that optimizes trade closure timing. The EA uses reasonable TP and SL levels with optional ATR based algorithm, ensuring optimal exit points. The Friday exit system helps manage risk by closing positions before weekend market gaps.
Equipped with advanced news filter to avoid trading during high-impact news events that can cause excessive volatility and unpredictable price movements. This feature helps protect your account from sudden market movements during news releases.
Includes stealth mode feature that helps minimize detection by brokers. This advanced feature is designed for traders who want to reduce the visibility of their trading activity, potentially improving execution quality and reducing slippage.
24/5 trading capability without any time restrictions – no GMT shift hassles. The advanced time management system allows you to control when the EA trades, providing flexibility to avoid specific market hours or days. Email and push notification system keeps you informed of trading activity.
GOLD Scalper PRO uses the most proven trading principle since markets exist – position entry in the direction of a distinctive market impulse and a following correction. Our analysis confirms the good accuracy rating of 78%, indicating the strategy effectively identifies trading opportunities. The developer has used this trading pattern for more than 15 years in different trading systems, proving its reliability. This classical approach, combined with reasonable TP and SL levels, makes it suitable for consistent Gold scalping. For traders interested in Gold trading strategies, explore our MT4 Expert Advisors collection.
Our analysis confirms the good speed rating of 8/10, with this Expert Advisor executing trades efficiently for scalping strategies. GOLD Scalper PRO is not a grid, martingale, or other risky strategy – it is a classical trading strategy by textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic. The good reliability score (7/10) supports this assessment, indicating stable and consistent performance. The EA features strong, pure and simple trading logic with few parameters needed to be profitable. Check out other MT4 tools for comparison.
GOLD Scalper PRO features excellent compatibility (9/10) with 24/5 trading capability without time restrictions. The EA is equipped with PRO features like advanced news filter, stealth mode, advanced time management system, email and push notification system, and Friday exit system. The good customization (8/10) allows you to adjust various parameters including lot size, AutoMM, MaxSpread, and stealth mode settings. The solid 14-year backtest performance and 99.9% quality Real Tick and Real Spread backtests prove profitability under real market conditions. Visit our all tools page to explore more Gold trading EAs.
GOLD Scalper PRO Recommended Settings for Optimal Performance:
For detailed setup instructions, complete list of settings, and live results, visit the developer's blog: GOLD Scalper PRO Blog
GOLD Scalper PRO is available for purchase on the official MQL5 marketplace for $137 USD (promo price, regular price $447). The purchase includes the EA file, access to developer blog with complete settings list and live results, and support through MQL5 messaging. A free demo version is also available for testing before purchase.
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Identifies hidden patterns in trading performance, market behavior, and user feedback that human analysts might miss.
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🏠 Explore All AI-Rated Forex ToolsUsers consistently praise the very active developer support, with responses within 12 hours providing positive and complete answers. The developer is described as helpful, patient, and willing to assist with settings and configuration. Users appreciate the developer's responsiveness and dedication to helping users succeed with the EA.
Multiple users report profitable results, with some achieving 8% growth within a month at 4% money management. Users mention that the EA does not trade too often, but drawdown is absolutely low, and all opened trades were closed in profit. Some users report that the EA yielded profitable results on Gold trades within the same day of installation. The low drawdown and reasonable SL levels are appreciated by users.
Users value the classical trading approach without dangerous grid or Martingale systems. The EA's use of reasonable Stop Loss levels and effective entry and exit trading logic is appreciated. Users note that the strategy is not curve-fitted and needs few parameters to be profitable, making it straightforward to use.
Some users report that the EA rarely trades, which forces users to increase the lot size of trades in order to get a solid income, also increasing the risk. Users note that the EA had some bad months where small winnings were wiped out with totally wrong entries. Some users report that live signals were stopped due to big drawdowns. The moderate profitability score (7/10) reflects this balance between trading frequency and performance consistency.
Users note that the EA enters in periods with too much volatility where Gold doesn't respect technicals too much. Even with news filter, the EA enters into risky trades and if you have grid active you will end up with big losing trades with a huge SL value. Some users report that the EA makes little money when wins and eats a huge chunk of money when it loses. The moderate reliability score (7/10) suggests the EA is reasonably stable, though it may struggle during volatile market conditions.
Some users note that there is no reaction to adapt the EA to changed market conditions. The moderate update frequency score (6/10) reflects that the EA was last updated in June 2024, and some users have stopped using it due to periods of underperformance. However, the developer remains active in support and may provide updates in the future. Users should be aware that even the best systems suffer some bad periods, and the EA uses reasonable SL levels that can get hit repeatedly in bad market conditions.
Professional breakout strategy Expert Advisor for XAUUSD Gold trading with multiple confirmation algorithms and prop firm ready design.
MT4 Expert Advisor specifically designed for trading Gold (XAU/USD) using proprietary indicators and comprehensive trading strategy.
MT4 scalping Expert Advisor with advanced market analysis and risk management features for short-term trading strategies.
GOLD Scalper PRO can be downloaded from the official MQL5 marketplace at MQL5 Product Page. The EA is priced at $137 USD (promo price, regular $447) for purchase, and a free demo version is available for testing. After purchase, download the .ex4 file and install it in your MetaTrader 4 Experts folder.
To install GOLD Scalper PRO, copy the .ex4 file to your MetaTrader 4 Experts folder (usually located at Program Files/MetaTrader 4/MQL4/Experts). Restart MT4, then attach the EA to M1 or M15 chart on XAUUSD (GOLD/USD) symbol. It makes no difference for the EA which chart you use, as all used timeframes are hard-coded. Test the EA on a demo account first to get familiar with all features and settings.
The market impulse and correction strategy uses the most proven trading principle since markets exist – position entry in the direction of a distinctive market impulse and a following correction. The EA identifies market impulses and waits for corrections to enter trades. This principle has been proven rock solid and widely exploited by "Smart Money" traders. The developer has used this trading pattern for more than 15 years in different trading systems.
Recommended settings include: Ensure AutoMM function calculates the right lot size (AutoMM=1 should open approximately 0.1 lot at $10k account size), make sure spread does not exceed 400 pips (40 cents) in XAUUSD, use Auto MM=2% (low risk) up to 10% (high risk) according to your account and risk expectations, enable news filter to avoid trading during high-impact news, configure time management system, and use Friday exit system. Reasonable fixed Lot size is 0.05 on 1k account balance, or 0.5 lots on 10k account balance. Refer to the developer's blog for complete list of settings.
No, GOLD Scalper PRO is not a grid, martingale, or other risky strategy – it is a classical trading strategy by textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic. The EA features strong, pure and simple trading logic with few parameters needed to be profitable, avoiding curve-fitted systems with hundreds of parameters. This makes it suitable for risk-conscious traders who prefer safe trading approaches.
Our AI analysis shows GOLD Scalper PRO has an accuracy of 78%, which is good. This means the EA is reasonably reliable at identifying quality trading opportunities, though not highly accurate. The scalping strategy focuses on quick trades using market impulse and correction, which can result in moderate accuracy levels. The moderate accuracy suggests the strategy is decent but requires patience, as the EA may not trade frequently and may experience periods of underperformance.
You can run the EA on M1 or M15 chart – it makes no difference for the EA, as all used timeframes are hard-coded. The EA automatically uses the necessary timeframes internally, so you don't need to configure multiple charts. You can backtest and optimize the EA on M1 chart by "open price only" method – this will be correct enough and you will save a lot of time.
To configure AutoMM, ensure it calculates the right lot size. AutoMM=1 should open approximately 0.1 lot (10 ounces) at $10k account size. Respectively 0.01 lots with AutoMM=1 for account size $1000. For reference only, AutoMM=5 should open 0.05 lots on $1000 account balance. The lot size could differ between brokers (normally it is 100 ounces per lot), so it is very important to make sure that the AutoMM function calculates the right lot size. You can use Auto MM=2% (low risk) up to 10% (high risk), according to the significance of your account and your risk and profit expectations.