A closer look.
Gold Scalper Intraday is a high-performance automated trading Expert Advisor for MetaTrader MT4. Originally listed on MQL5 Market for 30 USD, this system is now accessible directly for testing and deployment.
Intraday scalper for gold , which works on the breakout system of resistance lines. The robot calculates price support and resistance points using mathematical models, after which it determines the trend and its strength. When the data is collected, the robot places two pending orders in different directions. After triggering one of the orders, the robot automatically deletes the remaining pending order. The robot accompanies the current order, which is open, with the help of a TrailingStop, co
Features & Highlights
- Automated Execution: Precision algorithmic entry and exit on MetaTrader MT4.
- 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
- Andrey Kozak
- Compatibility
- MetaTrader MT4 Build 1350+
- Requirements
- MetaTrader MT4 Build 1350+, Windows OS or Windows-based VPS, Low-spread broker account.
Installation
Step-by-step installation instructions for MetaTrader MT4:
- Click the Download Now button to obtain the complete EA file.
- Open your MetaTrader MT4 terminal and select File → Open Data Folder.
- Navigate to
MQL4/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