GoldScalpBot is an Expert Advisor for MetaTrader 5 focused on XAUUSD scalping.

DEMO = unlimited free.

LIVE = 7-day trial, then rent GoldScalping Pro on MQL5 Market:

https://www.mql5.com/en/market/product/190166

What it does

  • Trades XAUUSD on M5 during London / New York sessions
  • Entry logic: EMA momentum + short breakout/retest filters
  • Exits: ATR-based Stop Loss / Take Profit + optional time-stop
  • Risk: fixed % of equity per base trade
  • Lot scaling: increases only after consecutive wins (capped) — no martingale after losses
  • Daily loss stop and max spread filter
  • Optional local HTTP bridge for a companion mobile/web app (monitor, pause, close, modify SL/TP)

Recommended setup

  • Broker: IC Markets (or any ECN with tight XAUUSD spreads)
  • Symbol:  XAUUSD
  • Timeframe: M5
  • Account: DEMO first
  • Enable Algo Trading
  • If using the bridge: allow WebRequest for  http://127.0.0.1:8765

Inputs (main)

  • InpRiskPercent  — risk % per base trade
  • InpSlAtrMult  /  InpTpAtrMult  — ATR multipliers
  • InpWinsForScale  /  InpLotScaleFactor  /  InpMaxLotMult  — win pyramid
  • InpBridgeUrl  /  InpBridgeToken  — local bridge (optional)
  • Session filters: London / New York / overlap

Important risk disclaimer

This EA does not guarantee profits. Automated trading can lose your entire account balance. Always test on a demo account. Past performance is not indicative of future results. Use at your own risk.

Notes

  • Designed primarily for hedging accounts (IC Markets style).
  • Symbol name may differ by broker ( XAUUSD ,  GOLD , etc.) — set  InpSymbol  accordingly.
  • Companion app / bridge files are separate from this Code Base entry; the EA can run standalone.