A closer look.
Ghost Scalper MT5 is a high-performance automated trading Expert Advisor for MetaTrader MT5. Originally listed on MQL5 Market for 499 USD with a community rating of 4.33 (12), this system is now accessible directly for testing and deployment.
Ghost Scalper MT5 Ghost Scalper MT5 is a fully automated Expert Advisor for XAUUSD / Gold on MetaTrader 5 . Ghost was developed for selective breakout and momentum movements in the Gold market. The EA waits for its internal market conditions and does not open trades continuously. Pricing model: The price increases by 100 USD after every 10 sales until the final price of 1,499 USD is reached. LIVE SIGNALS Ghost is publicly tracked on several real live accounts and brokers. A combined portfolio si
Features & Highlights
- Automated Execution: Precision algorithmic entry and exit on MetaTrader MT5.
- Disciplined Risk Rules: Hard Stop Loss and Take Profit protection configured on every trade.
- Prop Firm & Live Ready: Compatible with evaluation rules, drawdown controls, and live account trading.
- Adaptive Filtering: Proprietary market structure, trend tracking, and volatility safeguards.
Resource specifications
- Resource type
- Expert Advisor
- Developer
- Thomas Christoph Lipka
- Compatibility
- MetaTrader MT5 Build 3800+
- Requirements
- MetaTrader MT5 Build 3800+, Windows OS or Windows-based VPS, Low-spread broker account.
Installation
Step-by-step installation instructions for MetaTrader MT5:
- Click the Download Now button to obtain the complete EA file.
- Open your MetaTrader MT5 terminal and select File → Open Data Folder.
- Navigate to
MQL5/Experts/ and paste the EA file.
- In MetaTrader, open the Navigator window (Ctrl+N), right-click Expert Advisors, and click Refresh.
- Drag the EA onto your desired chart, ensure Allow Algo Trading / Live Trading is enabled, and confirm your parameters.
Usage & Best Practices
Recommended Trading Setup:
- Recommended Instrument: Optimized for Gold (XAUUSD), Indices, or Major FX pairs according to strategy specifications.
- Timeframe: Check EA parameters (typically M1, M5, M15, or H1 as detailed in overview).
- Risk Allocation: 0.5% to 1.5% maximum risk per trade for stable compounding and preservation of capital.
- Infrastructure: Recommended to run on a dedicated low-latency Forex VPS with an ECN or Raw spread broker.
Changelog & Version History
v1.0.0 — Official release & verified free download package.
Before you trade
Expert Advisors, indicators, and tools do not guarantee trading results. Test carefully before using any resource in live trading.
Read the risk disclosure