JKJK Final Version V3 Pro EA — XAUUSD M5 Scalper with 2.24 Profit Factor

JKJK Final Version V3 Pro is a MetaTrader 5 Expert Advisor that scalps XAUUSD on the M5 timeframe, targeting the European-US session overlap with long-only momentum entries.

A 4.5-month backtest on $10,000 capital shows 89.57% win rate, 2.24 profit factor, and 5.47% peak equity drawdown across 1,208 trades.

Key Benefits

• ✅ Low Drawdown Scalping: 5.47% peak equity drawdown on a $10,000 backtest — shallow enough for prop firm evaluation thresholds, though live slippage on gold will widen this figure. Explore MT4 alternatives
• ✅ Session-Focused Strategy: Concentrates 70%+ of entries in the 16:00–20:00 window (European-US overlap) — highest gold liquidity, tightest spreads, lowest execution slippage for a scalper.
• ✅ Directional Discipline: Long-only on XAUUSD — 1,208 long trades, zero short trades — aligns with gold’s structural bid during US session, eliminates counter-trend short risk entirely.
• ✅ High Win Rate with Defined Loss Control: 89.57% win rate with average loss capped at 18.55 versus average profit of 4.83 — loss trades are larger individually, so consecutive losses (max 4 recorded) create outsized drawdown bursts.

JKJK Final Version V3 Pro Performance

A 4.5-month backtest (May–September 2025) on $10,000 capital at 1:100 leverage produced $2,889.71 net profit, 2.24 profit factor, 8.65 Sharpe ratio, and 5.47% peak equity drawdown across 1,208 trades — all long, XAUUSD M5.

Performance Snapshot

The EA’s asymmetric trade structure — small average win ($4.83) versus larger average loss ($18.55) — is the core risk to understand. With a maximum of 4 consecutive losses recorded, a single bad streak costs roughly 4× the average single win. This is a structural feature of high win-rate scalping, not a setting error.

The weakness is structural and cannot be removed by configuration — it is inherent to the long-only, small-target scalping approach. Sizing capital conservatively per trade is the only lever; reducing lot size directly reduces the dollar impact of a 4-loss run without changing the strategy’s behavior.

The backtest modeling quality is 8% real ticks — significantly below the 99% standard used to validate execution-sensitive scalpers. Spread, slippage, and requote behavior on XAUUSD at 8% modeling quality are not reliably simulated; the 5.47% drawdown figure and 89.57% win rate should be treated as directional indicators, not confirmed live performance numbers. Complete a minimum 60-day demo run on your specific broker before committing live capital.

This backtest covers 4.5 months at 8% tick modeling quality — live spread and slippage on XAUUSD are not captured in these figures.

How JKJK Final Version V3 Pro Works

Mechanism: The EA scalps XAUUSD on M5 exclusively during the European-US session overlap (16:00–20:00 broker time), targeting short-duration momentum bursts in gold’s most liquid daily window. Long-only execution means it only captures upside moves — directional conviction built into the design, not a limitation of the signal logic.

Signal Trigger: Entries concentrate on Tuesday, Thursday, and Friday by volume — the backtest shows Monday with minimal entries (~40) while Tuesday peaks (~295). The exact indicator combination driving entry is not publicly documented; the session window and day-of-week weighting are observable from the trade distribution data.

Position Close: Trades close on individual take-profit targets — average profit per trade $4.83, largest single profit $144.15. No basket-close mechanism is evident from available data; each trade appears to close independently.

Exposure Limits: Maximum 4 consecutive losses recorded across 1,208 trades. No explicit equity stop or maximum simultaneous position setting is documented — this is a gap that requires confirmation during demo testing.

✅ Optimal conditions: Active European-US overlap with steady gold momentum; Tuesday–Friday sessions with clear directional bias; normal XAUUSD spreads (under 0.30 pips).

⚠️ Avoid when: Sustained USD-driven gold selloffs (long-only strategy has no short hedge); high-spread environments during news events — XAUUSD spread spikes directly compress the small per-trade profit target.

Recommended Settings

This EA requires MetaTrader 5. Need an MT4-compatible gold scalper? Browse MT4 EAs

Who Should Use JKJK Final Version V3 Pro

• ✅ Running MT5 on a VPS with uninterrupted connectivity during 16:00–20:00 broker time
• ✅ Trading XAUUSD with an ECN broker offering consistent spreads under 0.30 pips on gold
• ✅ Capitalizing $10,000+ — the backtest baseline; smaller accounts compress the margin buffer against the 4-loss consecutive drawdown pattern
• ✅ Willing to demo-test 60+ days before going live — 8% tick modeling quality means live execution behavior is unconfirmed

Performance verified with: MT5 backtest on Raw Trading Ltd, XAUUSD M5, $10,000 capital, 1:100 leverage.

Product Download Package Includes

• ✅ Experts:
  • JKJK Final Version V3 Pro (.ex5)
• ✅ Setfiles:
  • XAUUSD M5.set

The download link will be sent to your email immediately after purchase, along with a video tutorial on how to install it.

Frequently Asked Questions