Gold scalper bot with source code – So you can modify it as needed - and backtest as needed

Key Features for Gold EA - Scalper

✅ Trading Pair & Platform

• Pair: GOLD (XAUUSD)
• Platforms: MT5 

✅ Trading Strategy

• No martingale strategy; focuses on proper SL/TP and smart entries/exits.
• Ensures low-risk trading with tight stop loss and effective take-profit strategies.

✅ Risk Management

• Max Drawdown: 8%
• Max Daily Loss: 5%
• Risk per Trade: 0.5%-2% of account balance (Adjustable risk setting for flexibility)
  

✅ Trade Execution

• No big lots: Fixed lot size or dynamic risk-based position sizing for each trade, ensuring consistent low-risk trading.
• Customizable Risk-to-Reward (R:R): Users can define their desired R:R ratio (e.g., 1:2, 1:3) for each trade to optimize profitability.
• Trades only when volatility is stable: Avoids high-impact news events to ensure consistent performance in low-volatility conditions.

✅ License Key Protection

• Prevents unauthorized use and protects intellectual property with license key security.

✅ Works on Prop Firms

• Fully compatible with prop firm platforms like FTMO, MFF, TFF, and more, ensuring seamless integration for prop firm challenges.
• Can be used on both instant-funded accounts and live accounts.

Additional Features for Enhanced Profitability:

🔹 News Filter

• Auto-detects high-impact news events and avoids trading during these periods to ensure safe execution during market instability.

🔹 Dynamic Risk Management

• Adjusts position sizes based on account balance and market volatility for continuous capital protection and growth.

🔹 Session-based Trading

• Focuses on best Gold trading sessions (such as the London/New York overlap) to ensure optimal trading conditions and higher liquidity.

🔹 Spread & Slippage Protection

• Ensures good execution by minimizing the effects of spread and slippage on trade entry/exit points.

🔹 Trailing Stop & Partial Take-Profit

• Locks in profits as the market moves in your favor using a trailing stop, while allowing for partial take-profit to minimize drawdown and secure profits at strategic levels.

Bonus: Modifiable and Backtest-Ready

• Source Code needed
• Need backtesting 3-5 years and send me a report and a 2 week demo after coding, support afterwards for any changes that might come up during testing.