Gold Scalping Expert V2.5 – Precision Trading for XAUUSD
Gold Scalping Expert V2.5 is a fully automated Expert Advisor (EA) for MetaTrader 4, designed specifically for trading XAUUSD (Gold) on the M15 timeframe. This EA uses a breakout strategy based on the ZigZag indicator to identify key turning points in the market. Once these points are detected, it places pending orders, which are activated when the price breaks through these levels.
Key Features:
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🔍 Automated Trading
Operates autonomously, executing trades based on predefined criteria without manual intervention. -
⚙️ Breakout Strategy
Utilizes the ZigZag indicator to identify significant price movements and places pending orders at these critical levels. -
📈 Risk Management
Incorporates dynamic stop-loss and trailing stop mechanisms to help protect your account and manage risk effectively. -
🛡️ No Martingale
Avoids high-risk strategies like martingale, ensuring a safer and more conservative trading approach. -
🧩 Customizable Settings
Offers various input parameters like trade direction, manual order support, maximum orders, and money management for customization.
System Requirements:
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🖥️ Platform: MetaTrader 4 (MT4)
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💰 Currency Pair: XAUUSD (Gold).
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🕒 Timeframe: M5.
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💸 Minimum Deposit: Recommended minimum deposit of $200.
Installation and Setup:
To install, download the EA file and place it in the “Experts” folder of your MT4 directory. Attach the EA to an XAUUSD M15 chart and apply the appropriate set file for optimal performance. Ensure that automated trading is enabled in your MT4 settings.
For best performance, it is recommended to use a broker with tight spreads and to run the EA on a Virtual Private Server (VPS) for uninterrupted trading.
