What results can I realistically expect with Merlin Scalp EA?+

Preliminary backtest data for January–June 2025 suggests a profit factor of 6.97 and 99.51% win rate on XAU/USD M5 — but this reflects 90% modelling quality over 6 months, not live trading. Realistic live results will differ due to slippage, spread variance, and real broker execution. Capital size and lot settings directly affect returns. Traders using $500+ with 0.01 lots and a 90-day demo validation period are best positioned to benchmark actual performance against these preliminary figures.

Does Merlin Scalp EA work on a demo account first?+

Yes — demo testing is mandatory, not optional. The backtest covers only 6 months at 90% modelling quality, which provides limited multi-cycle validation. Run the EA on a demo account matching your intended live broker (same spread, same execution type) for a minimum of 90 days. Monitor win rate, drawdown behaviour, and spread filter activation. Only after consistent demo performance aligns with your risk tolerance should live capital be committed.

How does Merlin Scalp EA's strategy behave during high-volatility gold periods?+

The EA includes a Max_Spread filter set at 40 points — when gold spreads widen during major economic releases or geopolitical events, the EA suspends entries automatically. Trading is also restricted to the 01:00–23:00 server time window, avoiding the lowest-liquidity periods. The trailing stop of 10 points protects open positions during sudden reversals. High-impact news events causing sustained spread expansion beyond 40 points will result in no trades being taken during that period.

What exactly do I receive when purchasing Merlin Scalp EA?+

You receive the Merlin Scalp EA (.ex4) file for MetaTrader 4, a preset configuration file with the tested parameters (TP 8000, SL 980, Trail 10, Max_Spread 40), and an installation video tutorial. The download link is sent immediately to your email after purchase. The licence includes 10 activations, supporting multiple MT4 installations. Post-purchase technical support is available via Telegram and email for installation, broker setup, and configuration questions.

How much capital do I need to get started with Merlin Scalp EA?+

The backtest was conducted with a $200 starting deposit at 0.01 fixed lots — this is the tested minimum. A $500–$1,000 deposit is recommended for safer operation, as it provides larger buffer against drawdown without requiring lot size adjustments. Undercapitalisation at $200 leaves minimal margin for any live execution variance beyond the backtest model. The EA uses fixed lot sizing — accounts below the recommended range should keep lots at 0.01 strictly to avoid amplified exposure.

What are the main risks and how does Merlin Scalp EA handle them?+

The primary risk is the gap between backtest and live performance — the 90% modelling quality over 6 months cannot replicate real broker microstructure, meaning the 1.98% peak drawdown recorded in testing may exceed this figure in live conditions. The EA manages execution risk through a 40-point spread filter that blocks trades during abnormal conditions, a 980-point stop loss on every position, and a 10-point trailing stop that locks in gains progressively. Setting lot size at 0.01 per $200 balance limits per-trade exposure automatically.

Which brokers and account types work best with Merlin Scalp EA?+

Use an ECN or STP broker offering raw or near-raw spreads on XAU/USD — the built-in filter requires spreads at or below 40 points to allow trade execution. Minimum leverage of 1:100 is recommended for the 0.01 lot size on gold. Avoid market-maker brokers with variable spreads that regularly exceed 40 points on XAU/USD during session opens. Brokers with known gold trading restrictions or high swap charges on overnight positions should also be avoided given the EA's 01:00–23:00 active window.

What support do I get after purchasing?+

After purchasing through eafxway, reach our technical team directly via Telegram (t.me/+IQWxOlcT5zE2MTFl) or email [email protected]. Response time: under 4 hours, Monday–Saturday (GMT+0). Coverage includes: MT4/MT5 installation, broker-specific settings, and live troubleshooting. For fastest resolution, attach your order confirmation, broker account type, and error screenshot.