CFX Gold Scalper EA V2.0 MT4

CFX Gold Scalper EA v2.0 is a fully automated MetaTrader 4 Expert Advisor designed for frequent XAUUSD trading. It handles trade execution and position management automatically once attached to the chart.

Key Features

• Fully automated trading on MetaTrader 4
• Built specifically for XAUUSD
• Operates on M1 timeframe
• Designed for frequent daily market participation
• Streamlined setup – attach and enable automated trading
• Default settings recommended as starting point
• Adjustable Maximum Drawdown Allowed parameter
• Recommended fixed lot size of 0.01
• Built-in news filter (requires WebRequest for https://nfs.faireconomy.media)
• Requires hedging account type

Recommended Settings

• Pair: XAUUSD
• Timeframe: M1
• Account type: Hedging
• Lot size: 0.01 (default)
• Use default EA settings
• Adjust Maximum Drawdown Allowed according to account size and risk tolerance
• Enable WebRequest URL for the news filter

Advantages

• Fully automated execution reduces the need for continuous chart monitoring
• Simple attach-and-run setup on XAUUSD M1
• Includes adjustable drawdown control
• Built-in news filter option
• Free demo available for testing

Disadvantages

• Limited to MetaTrader 4 only (no MT5 version stated)
• Works only on XAUUSD
• Requires hedging account
• Results depend heavily on broker spreads, execution, and commissions
• Higher lot sizes significantly increase exposure and drawdown risk
• News filter needs manual WebRequest configuration
• Exact internal strategy details are not publicly detailed

Support & Disclaimer

Support

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

WhatsApp: Click here

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.