Magic Gold Scalper is described as a strategy-building engine rather than one locked strategy. You choose and combine strategies to build your own systems on XAUUSD. See the MQL5 listing for the full list of strategies and settings.
Traders who want to experiment with their own strategy combinations on gold.
More options means more ways to misconfigure it. Check the MQL5 listing for the full settings and test on a demo account first.
These details come from the MQL5 Market listing. Open the listing for screenshots, reviews, the latest version and the full settings. Backtests are hypothetical and do not predict future results.
Four steps, in this order.
Use the button above. You need a free MQL5 account and MetaTrader 5.
MetaTrader 5 installs it for you. Find it under Experts in the Navigator.
Drag it onto a gold chart, tick Allow Algo Trading and load a recommended set file.
Use a demo account for two to four weeks before going live with small lots.
EMA trend system with a grid, higher-timeframe trend filter and automatic reset after profit targets. Also ported to TradeLocker.
A trade only opens when several independent engines agree: overbought/oversold, support/resistance, moving averages, volatility and price action.
A 15-strategy confluence engine with market regime detection and news protection built on the MQL5 economic calendar.
Tell us what you need and we will reply with next steps. No payment is taken here.
