
Description
Introduction
Ghost Scalper EA V2.50 is a MetaTrader 5 Expert Advisor designed for automated trading on XAUUSD. It uses a combination of indicators, levels and price action without AI. The EA places only one order at a time and always attaches a stop-loss and take-profit with a stated 1:3 risk-reward ratio. It avoids martingale and other high-risk methods, focusing on systematic execution on the M15 timeframe.
Key Features
- Platform: MetaTrader 5
- Instrument: XAUUSD
- Timeframe: M15
- Strategy: Indicators + levels + price action (no AI)
- Only one open order at a time
- Stop-loss and take-profit on every position
- Risk-reward ratio 1:3
- No martingale
- No grid or high-risk recovery methods
- Works with any account type
- Compatible with most brokers (low-spread preferred)
- Easy installation
- VPS highly recommended
Recommended Settings
Pair: XAUUSD
Timeframe: M15
Minimum recommended deposit: $100 (preferably $500)
Leverage: 1:500
Account type: Any
Broker: Any broker with low spread preferred
VPS: Strongly recommended for stable connection
Always start with the default settings provided by the developer on a demo account before making any changes. Test thoroughly under real market conditions including spread and slippage.
Advantages
- Fully automated execution reduces the need for constant screen time
- Mandatory stop-loss and take-profit on every trade
- Single-order rule limits exposure
- Clear 1:3 risk-reward approach
- No martingale or dangerous recovery methods
- Described as not highly sensitive to broker conditions
- Simple installation process
- Focused specifically on XAUUSD M15
Disadvantages
- Limited to one instrument (XAUUSD) and one timeframe (M15)
- Performance depends on broker spread, slippage and execution quality
- Requires a reliable VPS for continuous operation
- Backtests and past results do not guarantee future performance
- Drawdowns remain possible under changing market conditions
- Incorrect settings or poor broker choice can affect results
- Not suitable for traders seeking multi-pair or multi-timeframe diversification
- Requires proper risk management and realistic capital (minimum $100, preferably $500)
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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