How do I install this Expert on MetaTrader 5?

Download the file, open MetaTrader 5 -> File -> Open Data Folder, copy the file to the correct folder (Experts / Indicators / Scripts / Libraries), then restart the terminal.

How do I activate / load this Expert?

Drag the Expert Advisor from the Navigator panel onto a chart, enable AutoTrading, and allow live trading in the settings.

Is this compatible with MetaTrader 5?

Yes, this Expert is built specifically for MetaTrader 5.

Is this Expert safe to use with real money?

All tools are provided for educational and testing purposes. We strongly recommend testing on a demo account first. Trading involves significant risk of loss.

Can I use this Expert on multiple charts?

Yes, but each chart can only run one Expert Advisor at a time. You can run multiple EAs on different charts.

Can I customize the settings of this Expert?

Yes. Right-click on the chart and select properties to open and adjust parameters.

Free Gold Scalp Bot - Autonomous XAUUSD Scalper with Local App Bridge Expert for MetaTrader 5

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Gold Scalp Bot - Autonomous XAUUSD Scalper with Local App Bridge

Info

The Gold Scalp Bot - Autonomous XAUUSD Scalper with Local App Bridge is a Expert Advisor for MetaTrader 5 that gold scalp bot is an expert advisor for metatrader 5 focused on xauusd scalping. It trades XAUUSD on M5 during London / New York sessions.

Usage

This tool is typically used for scalping on lower timeframes (M1-M15).

Platform

This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).

Setup

Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.

How to Install and Use Gold Scalp Bot - Autonomous XAUUSD Scalper with Local App Bridge

1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.

2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.

3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.

4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.

Frequently Asked Questions

Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.

Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.

Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.

What this tool does

Gold Scalp Bot is an Expert Advisor for MetaTrader 5 focused on XAUUSD scalping.

Typical Use Case

This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.

Compatible Platform & Setup

This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.

Description & Settings

Related: Gold London Breakout EA - another powerful expert for MetaTrader 5 traders.

Gold Scalp Bot is an Expert Advisor for MetaTrader 5 focused on XAUUSD scalping.
It trades XAUUSD on M5 during London / New York sessions.

Also recommended: xander gold recovery: keltner channel and dual ema strategy - similar expert with strong performance on MetaTrader 5.

The entry logic is based on EMA momentum and short breakout/retest filters.
Exits are determined by ATR-based Stop Loss and Take Profit, with an optional time-stop.
The risk is fixed as a percentage of equity per base trade.
Lot scaling increases only after consecutive wins, with no martingale after losses.
The EA also features a daily loss stop and max spread filter.

A local HTTP bridge is available for a companion mobile/web app, allowing for monitoring, pausing, closing, and modifying SL/TP.

The recommended setup includes using IC Markets or any ECN with tight XAUUSD spreads, and setting the symbol to XAUUSD and the timeframe to M5.
It is recommended to start with a demo account and enable Algo Trading.
If using the bridge, allow WebRequest for Inputs.

The main inputs include InpRiskPercent, InpSlAtrMult, InpTpAtrMult, InpWinsForScale, InpLotScaleFactor, InpMaxLotMult, InpBridgeUrl, and InpBridgeToken.
Session filters are available for London, New York, and overlap.

Important risk disclaimer: this EA does not guarantee profits, and automated trading can lose your entire account balance.
Always test on a demo account, as past performance is not indicative of future results.
Use at your own risk.

Notes: the EA is designed primarily for hedging accounts, and the symbol name may differ by broker.
The companion app and bridge files are separate from this Code Base entry, and the EA can run standalone.

You may also like: asq safe scalping - excellent alternative for expert users on MetaTrader 5.

Source Code

#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version   "1.02"
#include <Trade/Trade.mqh>
input string InpSymbol           = "";
input ENUM_TIMEFRAMES InpTF      = PERIOD_M5;
input long   InpMagic            = 260803;
input string InpComment          = "GoldScalp";
input string InpBridgeUrl        = "http:
input string InpBridgeToken      = "change-me-goldscalp";

.......

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⚠ Limitations & Risk Warning

This tool is provided for educational and testing purposes only.
Past performance does not guarantee future results.
Trading involves substantial risk of loss. Use on a demo account first.
Results may vary depending on market conditions, broker, and settings.
We recommend thorough backtesting and forward testing before using with real funds.