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GOLD Scalper PRO

217 USD

Demo downloaded: 3 499

Published: 5 December 2018

Current version: 1.7

GOLD Scalper PRO

Name: GOLD Scalper PRO
Price: 217.00 USD
Rating: 4.6 (25 reviews)
Author: Lachezar Krastev

4.6

Experts
Lachezar Krastev
Version: 1.7
Updated: 12 June 2024
Activations: 5

SUPER SALE! --> -$180 OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results!

NOTE: Regular Price: $397 - The offer ends soon!

Click here to check News Scope EA PRO results and learn more about the promotion!

GOLD Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things!

You should not be fooled by the low price – GOLD Scalper Pro is a very effective and profitable trading strategy, professionally developed especially for trading GOLD (XAU/USD).

I have used the most proven trading principle since the markets exist – namely a position entry in the direction of a distinctive market impulse and a following correction. This principle has been proven rock solid since the markets exist and it has been widely exploited by the “Smart Money” traders. I know this, because I am using this trading pattern more than 15 years in a different way in many trading systems and it just does not fail..

GOLD Scalper Pro is not just another curve fitted system with a hundred parameters. On the contrary - the trading logic is so strong and reliable, so it needs a few parameters to be profitable.

GOLD Scalper Pro is not a grid, martingale, or other risky strategy – it is a classical trading strategy by a textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic.

There is a MT5 version too! Click here to check it!

Here are the key features, which make GOLD Scalper Pro a very good trading system:

Strong, pure and simple trading logic
Highly effective exit algorithm
24/5 trading, without any time restrictions – no GMT shift hassles
Reasonable TP and SL levels - plus optional ATR based algorithm
Low drawdown
Solid 14-year backtest performance
In addition, I have performed 99.9% quality Real Tick and Real Spread backtests, which prove that GOLD Scalper Pro is profitable under real market conditions.

As well GOLD Scalper Pro, is equipped with many PRO features like:

Advanced News Filter
Stealth mode
Advanced Time Management System
Email and Push Notification system
Friday Exit System

Instructions and recommendations:

Please, test the GOLD Scalper Pro on a demo account first in order to get familiar with all features and settings! Especially the lot size could differ between the brokers (normally it is 100 ounces per lot), so it is very important to make sure that the AutoMM function calculates the right lot size, which should be approximately 0.1 lot (10 ounces) at $10k account size and AutoMM=1. Respectively 0.01 lots with AutoMM=1 for account size $1000. For reference only, AutoMM=5 should open 0.05 lots on $1000 account balance.
Make sure that the spread of your broker in normal conditions does not exceed 400 pips (40 cents) in XAUUSD (GOLD/USD)! You can use Auto MM=2% (low risk) up to 10% (high risk), according to the significance of your account and your risk and profit expectations.Reasonable fixed Lot size is 0.05 on 1k account balance, or 0.5 lots on 10k account balance.

You can run the EA on M1 or M15 chart – it makes no difference for the EA, as all used time-frames are hard-coded.

You can backtest and optimize the EA on M1 chart by “open price only” method – this will be correct enough and you will save a lot of time.

Finally, please, bear in mind that Holy Grail in trading does not exist! Even the best system suffers some bad periods. GOLD Scalper PRO is using very reasonable SL levels, so they can get hit /even repeatedly/ in bad market condition. Please, do not leave negative comments after every SL hit, or losing trade!

GOLD Scalper PRO Settings

FixedLots
AutoMM
Magic
EA_Coment
MaxSpread
Slippage
StealthMode
CloseOnlyOnProfit
.....

For more info and COMPLETE LIST OF SETTINGS and LIVE Results, click here to visit the blog!

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

If you want to be notified of my new products, please add me as a friend! I regularly publish new forex robots!

more...

Jondori 2024.03.18 09:36 #

Just installed Gold Scalper Pro on a demo account, keen to see how it performs over the coming weeks.

yoshifumi 2023.12.24 11:52 #

I just bought it. It will be operational from next year. I'm looking forward to it.

154

GalaxyFund 2023.11.25 07:16 #

Just bought the EA. Will update this review after testing

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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool to

1 499 USD

Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult

1 500 USD

SUPER SALE! --> -50% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Promo price: $247 ( Regular Price: $497) - The offer ends soon! Click here to check News Scope EA PRO results! Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI , providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remarkable predictive power. This

247 USD

SUPER SALE! --> -50% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Regular Price: $487 - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 2 trading systems . The first one is based on scalping trading strategy and the second system has time based dependency which opens up to 2 trades

247 USD

SUPER SALE! --> -50% OFF + BONUS EA: NEWS Scope EA PRO with AMAZING results! NOTE: Promo price: $247 ( Regular Price: $497) - The offer ends soon! Click here to check News Scope EA PRO results! Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remarkable predictive power. This

247 USD

2 DAYS OFFER! -> BUY News Scope EA PRO with 70% OFF for the next 2 DAYS only! Promo price: $97 (regular price $327) - The offer ends in 2 days! For Settings, Instructions and LIVE Results Click Here! News Scope EA PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! News Scope EA PRO is a very effective and potentially highly profitable strategy for high impact news trading. Usually, when a major news event occurs, the price s

97 USD

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247 USD

SUPER SALE! --> BUY Omega Trend EA with -$180 OFF and GET a BONUS EA: News Scope EA PRO with AMAZING results! NOTE: Regular price: $397 - The offer ends soon! Click here to check News Scope EA PRO results and learn more about the promotion! Signal Account: https://www.mql5.com/en/signals/1914271 For Settings, Instructions and additional LIVE Results Click Here! Omega Trend EA is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things!

217 USD

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217 USD

The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L

FREE

BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, exe

FREE

97 USD

217 USD

MACD Trend EA is based on the popular forex indicator MACD (Moving Average Convergence Divergence). It is fully automated trading expert advisor and completely FREE! As the name suggests, this expert advisor uses a trend-following strategy and uses the MACD indicator to detect the beginning of uptrends and downtrends. MACD Trend EA Top Features - Trend Following Strategy - Money Management - Advanced Exit System + TP and SL - Trailing Stop System - Broker protection System - Custom Magic

FREE

Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that “highly profitable – low risk strategy” is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management

FREE

Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)

FREE

Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the

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Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig

FREE

247 USD

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117 USD

Filter:

406

Bernardo Rippe Di Dio Castagna 2024.04.08 16:58 #

I like the idea or strategy behind this EA it tries to enter the areas of interest of high timeframes looking for secure areas to enter a trade. unfortunately there is a lack of optimization of the EA which make it fail. There is 2 main problems of the EA: 1. This EA rarely trades, which forces users to increase the lot size of the trades in order to get a solid income, also increasing the risk. 2. Enter in periods with too much volatility where gold don't respect technicals too much. Even with new filter, the EA enter into risky trades and if you have grid active you will end up with 3 big losing trades with a huge SL value. Unfortunately, this EA makes little money when wins and eat a huge chunk of money when it loses. I really hope the author tweak this EA and I will be more than happy to revisit.

619

James Roland Travers Spenceley 2024.03.18 11:37 #

Have just downloaded Gold Scalper Pro. Installed it and will wait to see how it performs, will update the review once I've run it for a few months.

Jondori 2024.03.18 09:36 #

Just installed Gold Scalper Pro on a demo account, keen to see how it performs over the coming weeks.

yoshifumi 2023.12.24 11:52 #

I just bought it. It will be operational from next year. I'm looking forward to it.

154

GalaxyFund 2023.11.25 07:16 #

Just bought the EA. Will update this review after testing

X LAB 2023.11.20 08:23 #

I just bought the EA, I need to test it but seller give quick responses

766

KAM MUN CHAN 2023.09.21 18:05 #

Just purchased this EA. Promising result from the backtest.

100

Jake Miller 2023.08.28 08:59 #

Outstanding expert advisor. The EA yielded profitable results on my gold trades within the same day of installation.

120

TommyGuinness 2023.08.07 19:21 #

Just got EA now. backtest looks very good. Have you manual and settings for real account?

65685

Reply from developer Lachezar Krastev 2023.08.08 07:40 #

Hello Tommy, Thanks for choosing GOLD Scalper PRO. Since the EA support only XAUUSD (GOLD) you don't need to load any .set files because the default settings are the best. Trade with the default settings. More info about GOLD Scalper PRO you can find here: https://www.mql5.com/en/blogs/post/723172

178

ramassrs1 2023.07.26 06:59 #

I bought the license on 25th-Jul-2023 and so far the results are very encouraging! Looking forward to a profitable trading journey with this product. As suggested by the author, please pay close attention to the lot size parameters. The manual trading tool is simply great!! Thank you for this product - I am hopeful that it will be enhanced and adapted to the changing times in this business.

rtjhe 2022.11.11 08:22 #

Gold Scalper Pro has been running great and in profit. and the author has been very helpful and patient with my setting. Thank you..

13013

Cristian Mihail Pauna 2022.09.23 05:23 #

Negative feedback!

erazor 2022.09.06 22:28 #

Удалил мой отзыв. оставляю его снова. Сову покупать не советую, сливает деньги очень быстро.

65685

Reply from developer Lachezar Krastev 2022.09.07 14:07 #

Hello, Thank you for the review. I do not agree with you. GOLD Scalper PRO is not at all a risky strategy and every user here can confirm this. However I found in the chat that you have started to use GOLD Scalper PRO from 2020 year. I have also checked and configured your MT4 terminal and EA settings. I have increased the MaxSpread parameter because your account spreads were higher than normal. I guess the reasons for your poor results are not good broker conditions, trading with huge risk or you have manipulated the settings. The current live performance of GOLD Scalper PRO is good. Everyone can see the live results on the official product page.

460

Sound of dawn sqd 2022.05.25 12:43 #

这家公司很负责，很有耐心。我们保持联系已经两年了。虽然是最近买的，但是他们的服务一直很好。我喜欢和他交流。如果给用户提供一个交流群更方便，我会不断更新我的使用情况。在此之前，我知道这是一个长期投资的功能性产品，所以我会使用至少3个月，以进一步评估其好坏。

1288

Alesamo 2022.05.03 08:20 #

Just bought this EA and will start testing it.

Update 2 June: So far I am very satisfied with this EA. It does not trade too often, but drawdown is absolutely low, and all opened trades were closed in profit. Also, entry and exit points are more or less absolutely the same both in demo and in real account. Just don't be greedy and choose conservative lot settings. I am really surprised that this EA does not have more reviews and comments... Will update again in 1 month...

Update December: As you can see on the signal of the author, this EA really had some bad months... Some small winnings are wiped out with totally wrong entries... And, unfortunately, there is no reaction to adapt the EA to the changed market... Will stop using it for now...

187

Okidoc 2022.05.01 10:35 #

i just bought this EA today and i install it already ,,,ill wait until tomorrow for the results ,,i hope it will gain profit

518

zp152093 2022.04.26 12:17 #

it is a good ea.

nathanpiccio 2022.03.25 07:41 #

This EA did great on my account. 8% growth within just a month at 4% MM.

jyankatyu 2021.08.05 15:52 #

Backtesting is good, so I will move to real account. I am very excited about it.

150

GH057 J 2021.08.04 09:48 #

Excellent ea.

1 2

Version 1.7 2024.06.12

I have optimized the code of Gold Scalper PRO according to latest MQL4/5 language requirements.
I have changed the colors of the information box.
I have added a new parameter ShowButtons. By default its value is true. If you wish to hide the buttons on the information box then set ShowButtons=false.
I have published a new grid .set file with more conservative settings. You can find the new .set file on the blog. Check product description for link to the blog!
NOTE: Although the default settings of Gold Scalper PRO are profitable enough some traders want to use the grid system. Therefore i try to offer them different kind of settings which activates the grid system. The grid system is optional and disabled by default. You can activate it only by using the grid .set files which i have provided.

Version 1.6 2023.09.05

I have fixed a small bug related to the Time Management System.

Version 1.5 2022.05.10

A small change in the ЕА code.

Version 1.4 2021.07.13

I have added GRID system in GOLD Scalper PRO by request of my users. It is optional. By default it is disabled. If someone want to use it then please check the blog for more info: https://www.mql5.com/en/blogs/post/723172

Version 1.3 2021.03.15

- I have added two new parameters LongTrades and ShortTrades which allow opening only of long traders, only of short trades or both.

- Comment "-Manual" will be added as an additional text on the comments of manually opened trades. Just to be more easy to separate manual trades from automatic trade.

Version 1.2 2020.04.22

RecoveryMode is added in the new version 1.2 of GOLD Scalper PRO. RecoveryMode is an advanced system for loss recovery. When enabled the EA will increase the lot size with small amounts after each loss until all previous losses are compensated successfully. RecoveryMode works when AutoMM is enabled (AutoMM > 0). Pay attention to AutoMM_Max - it is the maximal allowed risk during recovery process.

Version 1.1 2019.08.07

A small bug related to the Time Management System is fixed.