Gold Scalping King EA

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Introducing Gold Scalping King V5 — A Smart, Pragmatic Grid EA for XAUUSD

Clean execution • Risk tools built-in • Dark-mode dashboard

Gold Scalping King Expert Advisor
Demo and Paid Version Available

I’m excited to launch Gold Scalping King V5 — a pragmatic grid-based Expert Advisor designed for XAUUSD (works on other majors too) with a focus on clean execution and operational safety. It includes a dark-mode dashboard, a centered watermark, smart grid logic, refined entry filtering, trailing, a spread filter, and an equity stop.

🔗 Product link: https://www.mql5.com/en/market/product/149808

Why another grid EA?

Most grid systems fail because they ignore execution hygiene and risk framing. Gold Scalping King V5 focuses on:

  • Clean fills & logs: A safe-lot engine checks margin before sending orders—no “not enough money (134)” spam.
  • Adaptive spacing: Fixed distance at start, then expands with exposure (configurable multiplier).
  • Pragmatic exits: Keep the lowest buy open while upper buys TP back to the first entry (flat to anchor).
  • Visibility: A dark-mode dashboard (Compact / Regular / XL) and a Close All button.

What’s inside

  • Refined first entry: EMA(50) > EMA(200) and Stoch K > D cross up from ≤20, on the chart timeframe.
  • Smart Grid: FixDistance until DynamicDistanceOrder, then uses DistanceMultiplier.
  • Profit routing: Option to leave the first/lowest buy without TP; upper buys TP to first entry.
  • Trailing: TrailStart / TrailStep.
  • Risk tools: Equity stop (% drawdown), spread filter, and broker-aware lot sizing.
  • UI: Dark dashboard, centered watermark (“Gold Scalping King by GPA”), Close All button.
  • Presets: One-click tuning for M5 / M15 / H1 (or Auto from your chart TF).

Who it’s for

Traders who want a transparent, configurable grid workflow on Gold with good defaults, visual feedback, and built-in risk controls. It’s also suitable as a teaching tool for systematic grid logic and execution hygiene.

Quick start

  1. Attach to XAUUSD (M5 / M15 / H1 recommended).
  2. Use presets: UseAutoPresets = true, PresetProfile = AutoTF.
  3. Enable the filter: UseRefinedEntry = true.
  4. Keep lowest open & TP to anchor: KeepLowestBuyWithoutTP = true, UpperBuysTPToFirstEntry = true.
  5. Dashboard: UseDashboardStyle = true, DashboardStyle = Dash_XL for dark charts / 4K.
  6. Safety: EquityStopPercent = 20, set MaxSpread per your broker’s symbol.

Default entry & grid rules (plain English)

  • First buy: Allow only if EMA(50) > EMA(200) and Stochastic K crosses above D from ≤20.
  • Grid add: Add a buy when price ≤ lowest buy − grid distance. After a few orders, distance expands by multiplier.
  • TP handling: Lowest buy can have no TP; upper buys TP back to the first buy’s price (flat to anchor).
  • Trailing: Start trailing after TrailStart points in profit; step by TrailStep.

Dashboard & watermark

The dashboard shows Balance, Equity, Drawdown (amount & %), and P&L. It includes a safe, clearly placed Close All button, and a soft centered watermark (“Gold Scalping King by GPA”). Three styles: Compact / Regular / XL.

Screenshots to include

  1. Dashboard XL on a dark chart (with watermark).
  2. First-entry signal example (EMA/200 cross + Stoch cross from ≤20).
  3. Grid sequence showing upper buys TP to first entry (anchor line).
  4. Inputs panel with Presets & DashboardStyle.
  5. Trade list showing trailing/TP closures.

Practical notes

  • Symbols: Designed for XAUUSD; configurable for majors.
  • Tester sanity: If broker min lot is 0.10 and deposit is very small, EA will skip unaffordable orders by design (keeps logs clean).
  • Tuning: Increase DistanceMultiplier and/or reduce LotMultiplier to moderate exposure.

FAQs

Does it guarantee profits?
No. It’s a tool that implements a transparent grid workflow with risk controls. Always forward-test first.

Which timeframe should I use?
M5 / M15 / H1 are supported and have presets. M15 is a balanced starting point.

Will it work on FX pairs?
Yes, but parameters are gold-biased. Tune distances/TP/spread or start with M15 preset, then adjust.

Why do I sometimes see no trades in tiny-balance tests?
If the broker’s min lot is too large for the available margin, the EA will skip sending orders (a safety feature).

Get Gold Scalping King V5

Ready to try it? Download it on the MQL5 Market:
➡️ Gold Scalping King V5 — MQL5 Market

Disclaimer: Algorithmic trading involves risk. Grid strategies can accumulate exposure during trends. Use conservative sizing, equity stops, and test on demo before going live. Past performance in backtests does not guarantee future results.

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