Discussion Gold Scalper EA Version 4 GFv4

Make sure you read the text files when downloaded

To get hold of the EA contact me @Ronwillson via telegram or via email [email protected]
direct link: https://mellotonesignals.fetchapp.com/sell/23f679eb
EA costs $125 price will increase later

Absolute Minimum Deposit is 20 usd per running preset - Best spreads 20 or lower through the day
This EA is only made to trade on XAUUSD - GOLD
This set is 5x risk so it risks alot per position so be careful and i recommend not exceeding an initial deposit of 200 USD with 5x risk and once you make 100%
on a 50 USD deposit or more withdraw your initial deposit while using 5x risk although this EA has never blown the account with these settings (furthest i can backtest)

About this EA:
This EA uses ticks so it works on any timeframe it scalps the market on sudden volatility expansions that take place in short periods of time: it assumes and
Tries to capitalize of inertia in price movement after a sudden price acceleration it's best to run on a vps
the EA doesn't require one but for the best results have a connection below 20ms delay i have tested this on high delays and it's still profitable so it should survive either way.
The best brokers to use are ECN enviroments like pepperstone razor accounts or icmarkets


Breakeven: Pips in profit to perform the break-even. Zero means disabled.
Breakeven Behavior: Choose either
a) Move the SL to open price or
b) Secure half the profits of the trade

Trailing Stop: Trailing stop for trades expressed in % of the trade profit at the time

Trailing Step: Minimum increment in the stop-loss order.

Stop Loss: Stop-loss in pips, must have value.

Take Profit: Take-profit in pips. Zero means disabled.

Session Settings: Enable/Disable trading on asian / america / europe sessions

Weekday Settings: Enable/Disable trading on weekdays

Money Management Behavior: Choose either

a) Auto-calculate lotsize for each trade or

b) Trade a manual lotsize on each trade

Risk Per trade: Risk per trade expressed as % of the account balance

Manual Lot Size: Manual lot for the trades

NFA/FIFO Compliant: Enable to trade this EA on US Brokers

Custom Comment: Custom order comment for the trades

Magic Number: Number used by the EA to sign and recognize its trades

Slippage: Maximum deviation in filling prices, in points.

Manual Pip Value: Override the value of a pip for this symbol, if needed

this here wont work unless you got FIX API connection, too much slippage..

@sirius1fx you need a vps with low delay 20ms or less will perform best

can't see any performance, any update?