A closer look.
ThunderGold Scalper is a high-performance automated trading Expert Advisor for MetaTrader MT5. Originally listed on MQL5 Market for 299 USD with a community rating of 4.38 (21), this system is now accessible directly for testing and deployment.
ThunderGold Scalper ThunderGold Scalper is an Expert Advisor developed for automated gold trading on MetaTrader 5. The EA is designed for XAUUSD and GOLD on the M15 timeframe. It uses a proprietary multi-factor decision engine to identify qualified trading opportunities and manage positions automatically. The system combines market structure, trend direction, candle quality, volume, momentum and execution controls. It is designed to wait for suitable conditions instead of opening trades continuo
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
- Jorge Luiz Guimaraes De Araujo Dias
- 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