Akali EA V1.41 MT5

Introduction

Akali EA V1.41 MT5 is a high-precision scalping Expert Advisor designed exclusively for MetaTrader 5. It focuses on XAUUSD (Gold) and uses an extremely tight trailing stop algorithm to capture rapid market moves and lock in profits quickly during volatile periods. The system is not based on martingale or grid strategies. Instead, it relies on clear stop-loss protection, risk-based position sizing, and structured trade management. Version 1.41 includes important stability improvements, better news filter timing, and enhanced compatibility with brokers such as Exness.

Key Features

• Designed specifically for XAUUSD on the M1 timeframe
• Extremely tight trailing stop algorithm for fast profit locking
• Two strategy modes: Tighter Trailing and Wider Trailing
• Pending order mode or Market execution mode
• Max Spread and Max Slippage filters in Market execution mode
• News filter that pulls high-impact USD events from Forex Factory
• Automatic pause, position closing, and pending order cancellation around news
• Risk calculation options: Risk percent of balance, Fixed lot, or Fixed lot per balance
• Option to delete opposite pending order after one side is triggered
• Skip Breached Levels and state recovery features
• Slippage correction that adjusts SL and TP after actual fill price
• Long Only mode available
• Visual news lines plotted on the chart
• Improved Exness compatibility and overall stability in version 1.41

Recommended Settings

Pair: XAUUSD (Gold only)
Timeframe: M1 (1 Minute)

Use a Raw ECN or low-spread account. Tighter Trailing mode is recommended when spreads are very low. Enable the news filter and add the required Forex Factory URL in MT5 Tools → Options → Expert Advisors. Set risk percentage conservatively (commonly starting around 1%). A reliable VPS is necessary for continuous operation. Always follow the official setup guide for server time alignment and broker-specific recommendations.

Advantages

• Fully automated execution removes the need for constant chart monitoring
• Tight trailing stop aims to secure small profits quickly before reversals
• Clear risk management with percentage-based or fixed lot sizing
• News filter helps avoid high-impact USD events
• Flexible execution modes (Pending or Market) with spread and slippage protection
• No martingale or grid recovery methods
• Regular updates that improve stability and broker compatibility

Disadvantages

• Highly dependent on low spreads and fast execution – wide spreads can trigger trailing stops too early
• Requires a quality VPS for uninterrupted 24/5 operation
• Performance can vary significantly between brokers
• Scalping on M1 is sensitive to slippage and market conditions
• Individual losses can be larger than average wins even in a high-win-rate approach
• Backtests on low timeframes may not fully reflect live results due to tick data quality
• Not suitable for traders who cannot access Raw ECN accounts or manage proper risk settings

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

Telegram Group:  Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.