🥇 Scraper Gold EA V3.70 MT5 – Advanced 4-Engine Gold Breakout Trading Robot
Trade Gold Breakouts Automatically with Four Powerful Trading Engines, Built-In Stop Loss Protection, and No Martingale or Grid Strategy!
🔍 Scraper Gold EA V3.70 MT5 is a fully automated Expert Advisor developed specifically for trading Gold (XAUUSD) on the MetaTrader 5 platform. It combines four independent breakout engines designed to identify important market structure levels and capture price movements when gold breaks through established swing highs or lows.
Unlike trading robots that depend on martingale, grid trading, or averaging down, Scraper Gold uses predefined Stop Loss and Take Profit levels for every order.
The latest V3.70 version introduces enhanced entry profiles, improved execution management, customizable risk controls, and advanced trailing stop functionality.
Whether you prefer short-term breakouts or larger market structure movements, Scraper Gold offers multiple trading configurations within a single Expert Advisor.
⚙️ Scraper Gold EA V3.70 – Key Specifications
| Feature | Details |
|---|---|
| 🤖 Product Name | Scraper Gold EA |
| 🔢 Version | 3.70 |
| 💻 Trading Platform | MetaTrader 5 (MT5) |
| 🥇 Trading Instrument | XAUUSD (Gold) |
| ⏰ Recommended Timeframe | H1 |
| 📊 Trading Strategy | Breakout / Momentum |
| 🧠 Trading Engines | 4 Independent Engines |
| 🛡️ Stop Loss | Yes |
| 🎯 Take Profit | Yes |
| 🚫 Martingale | No |
| 🚫 Grid Trading | No |
| 📉 Trailing Stop | Yes |
| 📰 News Filter | Yes, Optional |
| 💰 Suggested Starting Balance | $200 |
| ⚡ VPS | Recommended |
| 🔄 Trading Automation | Fully Automated |
🚀 Four Independent Breakout Trading Engines
Scraper Gold EA V3.70 features four distinct breakout engines, each designed to identify different types of price structure.
| Trading Engine | Strategy | Primary Function |
|---|---|---|
| 🔹 Scrap A | Short-Term Breakout | Identifies shorter-term structural breakout opportunities |
| 🔹 Scrap B | Session Breakout | Trades confirmed levels within a defined trading session |
| 🔹 Scrap C | Medium-Term Breakout | Searches deeper historical price structures |
| 🔹 Scrap D | Major Structure Breakout | Focuses on significant market structure levels |
💡 Flexible Strategy Selection: Traders can activate all four engines simultaneously or operate an individual engine according to their trading preferences.
Each engine has configurable trading directions, exit parameters, and money management settings.
📈 How Does Scraper Gold EA Work?
🔍 1. Identifies Important Price Levels
The EA examines historical H1 candles to identify swing highs and swing lows that have not yet been broken.
⚡ 2. Places Pending Breakout Orders
Instead of immediately entering the market, Scraper Gold places Buy Stop and Sell Stop pending orders near identified breakout levels.
🎯 3. Executes Trades When Breakouts Occur
A trade is triggered when the market reaches the corresponding pending order level.
🛡️ 4. Protects Trades with Stop Loss and Take Profit
Every pending order includes predefined protective exit levels.
📊 5. Manages Profitable Positions
The EA uses engine-specific trailing stop functionality to manage positions as the market moves favorably.
🔄 6. Removes Invalid Pending Orders
Pending orders can be removed automatically when they expire, become invalid, or encounter specified trading restrictions.
🧠 Four Customizable Trading Profiles
Version 3.70 supports four trading profiles, allowing traders to adjust how individual engines enter and exit the market.
| Profile | Description |
|---|---|
| Fixed Entry | Default V3.70 profile featuring fixed entry distances and wider exit settings |
| Classic | Retains the original trading behavior of previous versions |
| Adaptive Entry | Adjusts entry distances using information from recently closed trades |
| Wide Exit | Uses wider exit parameters and later trailing stop activation |
⚙️ Independent Profile Configuration
Each engine can operate with a different profile. For example, traders can configure Scrap A and B to use Fixed Entry while assigning Wide Exit to Scrap C and D.
This flexibility allows different breakout approaches to operate within one EA.
🛡️ Advanced Risk Management Features
One of the major characteristics of Scraper Gold EA is its focus on predefined trade protection rather than recovery-based position sizing.
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🛑 Hard Stop Loss: Every order includes a predefined Stop Loss.
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🎯 Take Profit: Profit targets are attached to orders.
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📉 Trailing Stop: Adjusts protective levels as positions move into profit.
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🚫 No Martingale: Does not use martingale lot multiplication.
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🚫 No Grid: Does not employ grid-based trading.
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💰 Daily Loss Limit: Optional equity-based daily loss protection.
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📰 News Filter: Can restrict new entries around selected high-impact USD economic announcements.
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📅 Weekend Protection: Removes pending orders ahead of the broker’s Friday session close.
The optional daily loss limit may be useful for traders working with prop firm risk restrictions. However, compliance depends on the firm’s specific rules, the selected settings, and actual trade execution.
⚡ Improved Execution Features in V3.70
🔧 Slippage Compensation
Scraper Gold V3.70 includes a slippage compensation mechanism designed to account for differences between requested and executed prices.
Four modes are available:
| Mode | Function |
|---|---|
| OFF | Disables slippage compensation |
| Soft | Applies a lighter adjustment |
| Medium | Default compensation mode |
| Hard | Applies stronger compensation |
📉 Virtual Trailing Stop
The virtual trailing stop is designed to help manage trades when broker stop-level or freeze-level restrictions prevent the EA from modifying a conventional Stop Loss.
When necessary, the EA can monitor the intended trailing level and attempt to close the position at market.
Actual closing prices remain subject to liquidity, execution speed, and slippage.
⚙️ Broker Compatibility Features
Scraper Gold also supports common gold symbol suffixes and both two-decimal and three-decimal XAUUSD quotations.
The EA performs order validation checks covering trading volume, margin availability, and broker restrictions.
💰 Flexible Money Management
Scraper Gold EA provides three position-sizing methods.
| Money Management | Description |
|---|---|
| Fixed Lot | Uses a manually specified trading volume |
| Risk Percent | Calculates position size based on a selected risk percentage |
| Risk per Balance | Adjusts lot size relative to account balance |
💡 The default Risk per Balance reference is 0.01 lot per $1,000, although actual position sizes depend on the configured settings.
Traders can also customize Stop Loss, Take Profit, trailing activation, trailing distance, and trailing step for individual engines.
📰 Economic News and Weekend Protection
Major economic announcements can create unusually volatile conditions in the gold market.
Scraper Gold includes an optional news filter that can restrict entries around high-impact USD announcements.
Supported event categories include:
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📊 Non-Farm Payrolls (NFP)
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🏦 Federal Reserve / FOMC announcements
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📈 Consumer Price Index (CPI)
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💵 Personal Consumption Expenditures (PCE)
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📉 Producer Price Index (PPI)
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🌎 Gross Domestic Product (GDP)
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🛍️ Retail Sales
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🏭 ISM economic reports
The EA also includes pending-order cleanup functionality before the Friday market close.
These controls are designed to reduce exposure to selected trading conditions, although they cannot eliminate market risk.
📊 On-Chart Trading Dashboard
Scraper Gold EA features a built-in dashboard for monitoring trading activity.
The PRO Gold dashboard displays engine status, account information, margin conditions, and performance statistics.
Additional dashboard modes provide execution information, including slippage statistics and terminal latency.
This allows traders to monitor the EA’s activity without constantly navigating through multiple MT5 windows.
🖥️ Recommended Trading Setup
| Requirement | Recommendation |
|---|---|
| Platform | MetaTrader 5 |
| Currency Pair | XAUUSD |
| Timeframe | H1 |
| Suggested Starting Balance | $200 |
| Minimum Lot Reference | 0.01 |
| Broker | Low-spread RAW / ECN |
| Gold Contract Size | Standard 100-ounce contract |
| VPS | Recommended for 24/5 operation |
| Chart Setup | One XAUUSD chart |
| Default Profile | Fixed Entry |
⚠️ The suggested $200 starting balance is a developer recommendation, not a guarantee that the account can withstand losses. The EA should be tested using the intended broker and account specifications before live deployment.
⚖️ Scraper Gold EA V3.70 – Pros and Cons
| ✅ Pros | ❌ Cons |
|---|---|
| Four independent breakout engines | Designed exclusively for Gold |
| No martingale or grid strategy | Not suitable for traders seeking grid recovery systems |
| Hard Stop Loss and Take Profit | Stop Loss cannot prevent slippage |
| Four selectable trading profiles | Multiple settings may require careful optimization |
| Flexible money management | Incorrect lot sizing can increase risk |
| Optional economic news filter | News filtering cannot eliminate volatility |
| Optional daily loss protection | Prop firm compliance is not guaranteed |
| Slippage compensation functionality | Execution quality depends on the broker |
| Built-in trading dashboard | Requires MetaTrader 5 |
| Automated pending-order management | VPS recommended for continuous operation |
| Individual engine configuration | Multiple engines can increase combined gold exposure |
🎯 Who Should Consider Scraper Gold EA?
Scraper Gold EA V3.70 may appeal to traders who prefer:
🔹 Automated Gold breakout trading rather than manually monitoring chart levels.
🔹 Stop Loss-based trading systems instead of martingale and grid recovery methods.
🔹 Multiple breakout strategies within a single Expert Advisor.
🔹 Customizable risk management and trade execution settings.
🔹 Pending-order entries designed around swing highs and swing lows.
🔹 Additional controls for economic news, daily losses, and weekend exposure.
🏆 Why Choose Scraper Gold EA V3.70 MT5?
Scraper Gold combines four configurable breakout engines, multiple entry and exit profiles, automated pending-order execution, and predefined risk management into one MT5 trading system.
Its design focuses on capturing portions of gold price movements after structural breakouts rather than predicting market direction in advance.
For traders seeking a gold-specific Expert Advisor without martingale, grid, or averaging-down techniques, Scraper Gold offers a configurable alternative.
