What is Gold Scalping Expert?

Gold Scalping Expert is an advanced and intelligent algorithm designed to capitalize on gold’s price movements during high-impact events such as geopolitical developments, economic shifts, and global crises. It operates on the MetaTrader 4 platform and utilizes a sophisticated breakout strategy based on the widely used Zig-Zag indicator. The system places pending orders at key turning points, and when the price breaks through these levels, the orders are automatically triggered. To protect your account and effectively manage risk, the Expert Advisor employs a smart trailing stop and dynamic stop-loss mechanism, ensuring careful risk management without relying on risky strategies like martingale.

Vendor website: https://www.mql5.com/en/market/product/124890

ForexEAshop price: $19

Key Takeaways

• Gold Scalping Expert is an automated algorithm that capitalizes on gold price movements during high-impact events using a breakout strategy based on the Zig-Zag indicator.
• The Expert Advisor employs a smart trailing stop and dynamic stop-loss mechanism for careful risk management without using risky strategies like martingale.
• It operates on MetaTrader 4 platform, focuses on the XAUUSD currency pair with a time frame of M15, and recommends the use of a VPS for trading.

About The Author

This Expert Advisor is developed by Vasiliy Strukov, who brings over 9 years of experience in MQL5 to the table. He has worked on several notable products, including Prop Firm Edge, Grizzly, Network AI, EA Gold Stuff and the highly successful Gold Scalping Expert, which stands out as his top-performing creation.

Gold Scalping Expert Features

• Used on platform: Meta Trader 4.
• Curency pairs: XAUUSD (Gold).
• Time frame: M15
• Minimum deposit: 300$.
• EA no use Martingale.
• Expert Advisor trading automated 100%.
• This system trades breakouts using the popular zig-zag indicator.
• EA is using a very smart trailing stop and dynamic stop loss.

Gold Scalping Expert Reviews

Experts Advisor on RoboForex-Pro account 1:2000 profit 202%

Maximum drawdown: 9.5%

Max deposit load: 3.1%

Trading activity: 14.6%

Loss Trades: 13%

Profit Trades: 87%

Algo trading: 100%

Signal EA on RoboForex-Pro account link: Click to view

Gold Scalping Expert Strategy

Experts Advisor will wait for a new m15 candle before it puts buy pending orders at the top of the zigzag indicator and sell pending orders at the bottom of the zig-zag indicator. The amount of pending orders can be adjusted according to your settings. The EA has a smart stop loss and will close open negative orders automatically in a loss using the zig-zag indicator if market breaks out to the opposite.

Money Management

It is recommended that you use the following lot sizes:

• Low Risk: Minimum of $1000, use initial lot of 0.01
• Medium Risk: Minimum of $600, use initial lot of 0.01
• High Risk: Minimum of of $300 use initial lot of 0.01

Trading Specifications

Recommended settings and parameters to pay attention to from developers and experts:

Features	Type
Trading Platform	MetaTrader 4 (MT4)
Currency pairs	XAUUSD (Gold)
Time Frame	M15
Minimum deposit	300$
Recommend Leverage	1:500
Trading	Expert Advisot trading automated 100%
Trader	Suitable for Beginners and professional traders
Broker	Broker Compatibility Any broker
Product type	Without DLL
Virtual private server (VPS)	Recommned Use VPS

How to install and run the Gold Scalping Expert Trading Bot in Metatrader 4?

1. Open the Metatrader 4 platform
2. From the top menu, click on “File”
3. Now click on “Open Data Folder”
4. Open the “MQL4” folder
5. Open the “Experts” folder
6. Copy the Gold Scalping Expert v2.5.ex4 file here
7. Then close and restart the MT4 platform
8. Attach the Expert Advisor to the chart

Now, you are ready to start using the Gold Scalping Expert v2.5 MT4 With Setfiles!

If you have any questions regarding EA installation, you can view the information in the Help Center to assist you in installing the EA: Click to view

Gold Scalping Expert Downloads

Link download Gold Scalping Expert v2.5 MT4 With Setfiles will be sent to your email after purchase.

Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.

+ Expert Advisor Download :

• Gold Scalping Expert v2.5.ex4
• Unlimited / NoDLL / Presets / PDF Manual / Build New
• Free 1 Year Updates (If there is a new update, please check in the download on the forexeashop website or you can contact us via Email or Telegram Lucas Jason and provide proof of purchase, we will send you the update)

Shopping Guide and Important Information

We Accept Payment: Cryptocurrency, USDT, Binance Pay, Skrill, Paypal: Click to view

More payment methods please contact: Email or Telegram Admin.

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Memo: Your email + EA name

EA will be send to your email ASAP. The download link will be sent to your email within 5 minutes after the order is confirmed.

Some EAs will need to wait a few hours to up to 12 hours to receive the download link.

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Beginner traders should research and learn about trading before using any EAs.

Please make sure you understand the risks involved with trading and that past performance is no guarantee for future results. (EA could also make losses).

The product does not guarantee profits and demands resilience, patience, and a positive attitude in forex trading.

Before use, please test the EA on a demo account first.

Happy trading!