Gold Scalper Ea v4 MT4 with Setfiles

What is Gold Scalper EA V4 MT4?

Gold Scalper EA V4 MT4 is a specialized XAUUSD scalping expert advisor that exclusively trades gold using high-frequency entry signals with manual risk control and smart trailing stops. The EA demonstrates consistent daily profits with one live account showing $36.88 daily gains and monthly profits reaching $740.88. Built on the proprietary Gx12 Killer scalping code, it avoids dangerous grid and martingale strategies while maintaining tight risk management.

• Vender website: https://gx12-bot.com/

About the Gold Scalper EA V4 MT4’s Author

The Gold Scalper EA V4 MT4 is developed by GX12 BOT, a trading system developer with over 9 years of verified experience on MyFxBook. The author has created multiple successful EAs including GX12 E-SCALP EA and GX12 Bigdeal EA MT4, with Gold Scalper EA V4 being positioned as their best-performing automated trading solution. Their track record demonstrates consistent focus on scalping strategies and risk-controlled automated trading systems.

Key Takeaway

• Overview: XAUUSD-exclusive scalping EA with manual lot sizing (AutoLot=false), 2-period signal generation, and distance-based entry control (20-point minimum spacing)

• Trading Strategy: Employs proprietary Gx12 Killer scalping algorithm with L-Killer indicator for rapid M1-M5 entries, targeting 0.5 profit points with smart trailing stops (50-point activation, 40-point steps) – avoids grid/martingale completely

• Core Logic: Fast signal response system combines short-period indicators with distance filtering to prevent overtrading while capturing small, frequent profits through automated trailing stop management

• Key Benefits: Manual risk control allows precise position sizing, trailing stops secure profits automatically, distance logic reduces choppy market exposure – Trade-offs: Requires user expertise for lot sizing, performance highly dependent on broker execution speed and spreads

• Performance Data: Live account shows $740.88 monthly profit with consistent daily gains of $36-240 – Risk Consideration: 2-month backtest period limits long-term reliability assessment, scalping sensitivity to execution conditions

• Primary Risks: High sensitivity to broker conditions (spreads/slippage), manual lot sizing responsibility falls entirely on user, short backtest duration limits strategy robustness validation

Recommendations for Gold Scalper EA V4 MT4

• Trading Platform: MetaTrader 4 (MT4) exclusively – MT5 version not available

• Pairs: XAUUSD (Gold) only – EA specifically optimized for gold market volatility patterns

• Supported Accounts: ECN and low-spread accounts recommended – scalping requires minimal execution delays

• Timeframe: M1-M5 optimal, M5 specifically tested and recommended in presets

• Trading Time: Includes specialized presets for 3pm-9pm breakouts and 4am sessions – red news avoidance mode available

• Leverage: Moderate leverage recommended (1:100-1:500) – Higher leverage amplifies both profits and losses significantly, requiring careful manual lot calculation

• Minimum Deposit: Not specified – Higher balance advisable as manual lot sizing requires sufficient margin for gold’s volatility and multiple concurrent positions

Gold Scalper EA V4 MT4 Review

Gold Scalper EA V4 MT4 delivers consistent small profits through disciplined XAUUSD scalping, helping traders avoid emotional decisions while requiring manual risk management expertise. Best suited for intermediate traders comfortable with gold volatility and precise lot sizing – beginners should exercise caution due to manual risk control complexity.

Live Trading Results:
• Daily profits: $36.88 with 0.91% account growth – Consistent but requires stable execution environment
• Monthly performance: $740.88 total profits – Limited 2-month verification period
• Account balance progression from live trading shows steady upward trajectory – Drawdown periods visible but manageable

Why Choose Gold Scalper EA V4 MT4

• Specialized Gold Focus: Exclusively designed for XAUUSD market dynamics with optimized parameters – Limitation: Cannot diversify across multiple instruments, concentrated market risk

• Non-Martingale Safety: Avoids dangerous grid and martingale strategies that can blow accounts – Trade-off: Lower explosive profit potential but significantly reduced catastrophic loss risk

• Manual Risk Control: AutoLot=false gives traders precise position sizing control unlike auto-lot EAs – Requirement: User must understand proper lot calculation relative to account size and gold volatility

• Smart Profit Protection: Trailing stop system activates at 50 points profit with 40-point steps – Consideration: Initial stop loss mechanism not clearly defined, relying primarily on trailing protection

• Proven Live Results: Real account verification shows consistent daily profits over $36-240 range – Caveat: Short-term results may not reflect long-term performance across varying market conditions

Conclusion

Gold Scalper EA V4 MT4 offers disciplined XAUUSD scalping with manual risk control and proven short-term results, ideal for experienced gold traders seeking automated execution without martingale risks. Intermediate to advanced traders benefit most – beginners should ensure proper lot sizing knowledge and broker compatibility before deployment.

Gold Scalper Ea v4 MT4 Download Packages:

• Link download experts:
  • Gold Scalper Ea v4 MT4.ex4
• Presets:
  • MODE BRAKOUT 3pm to 9pm.set
  • MODE RED NEWS 2 min before red news.set
  • MODE SCALPING 4am to profit target.set

FAQs