👻 Ghost Scalper v2.90 MT5
Four independent strategies. One focused gold trading EA.
Ghost Scalper v2.90 MT5 is a fully automated Expert Advisor developed for gold (XAUUSD) on MetaTrader 5. It looks for selected breakout and momentum setups, places and updates orders, and manages open trades.
The EA is designed to wait for its trading conditions. It may stay quiet for an extended period before a qualifying setup appears. For traders who prefer selective entries over constant trading, that patience is a central part of Ghost Scalper’s approach.
🔍 How Ghost Scalper trades
Ghost Scalper calculates breakout levels and can place Buy Stop or Sell Stop pending orders around them. When its conditions are met and an order is triggered, the EA manages the position using Stop Loss, Take Profit and trailing protection.
Its four strategies—Ghost A, Ghost B, Ghost C and Ghost D—operate independently. This gives you more control over how the EA is used, but it also means you should consider the combined risk if several strategies have positions open at the same time.
⚙️ Key features
- 🧩 Four independent strategies: Run Ghost A, B, C and D as part of one gold trading system.
- ⚡ Breakout and momentum approach: The EA waits for selected market conditions before placing trades.
- 📍 Automatic breakout levels: Ghost Scalper calculates levels and manages its pending orders.
- 🎯 Automatic trade management: Includes Stop Loss, Take Profit and trailing protection for open positions.
- 📐 Three position sizing methods: Choose a fixed lot, percentage based risk or lot scaling based on account balance.
- 📰 Optional USD news filter: Can block new entries around selected major economic announcements.
- 📊 Trading dashboard: Shows information about activity, risk, drawdown and broker execution.
- 🔎 Execution monitoring: Tracks factors such as spread and slippage, which can affect a gold scalper’s results.
📋 Ghost Scalper v2.90 MT5 at a glance
| Feature | Details |
|---|---|
| Trading platform | MetaTrader 5 |
| Instrument | Gold (XAUUSD) |
| Recommended timeframe | H1 |
| Trading approach | Selective breakout and momentum |
| Number of strategies | Four independent strategies |
| Order management | Automatic breakout levels and pending order updates |
| Exit management | Stop Loss, Take Profit and trailing protection |
| Position sizing | Fixed lot, percentage risk or balance based |
| News filter | Optional filter for major USD events |
| Dashboard | Trading, risk and execution information |
📈 Built for traders who want control over risk settings
Ghost Scalper lets you choose how positions are sized instead of relying on a single lot setting for every account. A fixed lot keeps the chosen trade size consistent. Percentage based risk sizes positions according to the selected risk setting, while balance based sizing adjusts lot size in relation to the account balance.
These options are useful when configuring the four strategies, but settings should be considered together. A modest risk setting on each strategy can still create substantial exposure if multiple trades are open simultaneously.
📰 News and execution matter
Major USD announcements can produce sharp moves in XAUUSD. Ghost Scalper’s optional news filter can prevent new entries around selected events. The filter needs WebRequest permissions configured in MT5 to work as intended.
Gold trading results can also differ between brokers. Spread, slippage, order execution and contract specifications may change how the same EA performs on different accounts. Ghost Scalper’s dashboard helps you monitor some of those conditions while it runs.
🟢 Pros and 🔴 Cons
| 🟢 Pros | 🔴 Cons |
|---|---|
| Four strategies in one EA | Combined risk needs attention when several strategies trade |
| Selective breakout and momentum entries | May go a long time without opening a trade |
| Automatic Stop Loss and Take Profit management | Losses remain possible despite protective settings |
| Fixed lot and risk based sizing choices | Settings still need to suit your account size |
| Optional filter for major USD news | News filter requires WebRequest setup |
| Dashboard shows execution information | Results depend partly on broker conditions |
| Purpose built for XAUUSD | Does not offer a multi instrument trading system |
👻 Is Ghost Scalper right for you?
Ghost Scalper v2.90 MT5 is worth exploring if you want an automated gold EA with four separate strategies, selective entries and configurable position sizing. It gives you tools to manage trades and observe execution while keeping the focus on XAUUSD.
Explore Ghost Scalper v2.90 MT5 at BestForexEAShop and review its settings before choosing how much risk to assign to each strategy.
Trading gold involves risk. Stop Loss orders do not guarantee an exact exit price, and past performance does not guarantee future results.
