
Description
Introduction
Ghost Scalper EA V2.31 MT5 is a fully automated multi-strategy Expert Advisor designed for scalping XAUUSD on MetaTrader 5. Built with four independent Ghost strategies (A, B, C, and D), it automates fast entries and exits on gold without requiring constant chart monitoring. The EA is ideal for busy traders who want to run 24/5 scalping while keeping risk under control. It works directly on MT5, attaches to any chart, and executes trades automatically according to your chosen strategy mix.
Key Features
- Four separate Ghost strategies (A, B, C, D) for flexible entry logic
- Full 24/5 automation on XAUUSD
- Dynamic trailing stop and position management
- Spread and volatility filters for better execution
- Equity-based lot sizing with maximum daily drawdown protection
- Easy input parameters for customization
- Works on any MT5 broker with good XAUUSD liquidity
Recommended Settings
Pair: XAUUSD
Timeframe: M1 to M5 (M1 for most aggressive scalping, M5 for better risk/reward)
- Lot size: 0.01 – 0.10 (start with 0.01)
- Max Daily Drawdown: 5% or 10%
- Strategy mix: Start with Ghost A + B only
- Trailing stop: 15–30 pips
- Initial SL: 20–40 pips (strategy dependent)
- Initial TP: 40–80 pips (strategy dependent)
- Spread filter: Above 0.8 (avoid trades when spread exceeds)
Advantages
- Removes emotional trading – follows your rules automatically
- Multiple strategies in one EA allow adaptation to different market conditions
- Low time commitment once set up
- Customizable parameters for personal style
- Built-in risk management tools
Disadvantages
- Requires proper backtesting and demo testing before live trading
- No guaranteed profits – relies on market conditions
- Performance depends on broker spread and execution quality
- Complex strategy combination may need adjustment
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.
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