
Description
Ghost Scalper EA V2.70 MT5 – Automated Gold Trading Bot
Ghost Scalper EA V2.70 MT5 is a fully automated Expert Advisor developed for trading XAUUSD (Gold) on the MetaTrader 5 platform. It combines four independent trading strategies (Ghost A, Ghost B, Ghost C and Ghost D) that focus on selective breakout and momentum setups. The EA analyzes completed H1 candles, identifies support and resistance zones, and places pending orders only when its internal conditions are met. It does not force trades on every candle and avoids grid or martingale methods.
Key Features
- Designed exclusively for XAUUSD / Gold on MetaTrader 5
- Four independent strategies (Ghost A, B, C, D) with separate risk settings
- Selective breakout and momentum logic using pending orders
- Fixed lot, risk percent or risk-per-balance money management
- Integrated virtual trailing and advanced protection system
- Optional USD news filter (NFP, CPI, FOMC and related events)
- Broker quality and execution dashboard (spread, slippage, execution time)
- Dashboard modes: BIG, SMALL and OFF
- Automatic pending order management and weekend cleanup
Recommended Settings
Pair: XAUUSD (Gold)
Timeframe: H1
Account Type: Low-spread ECN preferred
VPS: Recommended (preferably close to broker server)
Algo Trading: Enabled
Initial Risk: Start with fixed lot 0.01 or low risk percent and increase only after thorough testing
Advantages
- Fully automated execution reduces the need for constant screen time
- Multi-strategy design allows diversification inside a single EA
- Separate risk controls for each strategy give flexible exposure management
- Virtual trailing and protection logic continue working even if broker-side stops face temporary issues
- Built-in execution dashboard helps monitor real broker performance
- Selective approach avoids over-trading
Disadvantages
- May remain inactive for extended periods while waiting for valid setups
- Results are highly dependent on broker spread, slippage and execution quality
- Requires a stable VPS for continuous operation
- Backtest and live results can differ significantly under real market conditions
- Not suitable for traders seeking high-frequency or multi-pair trading
- Risk of drawdown remains present; no system is risk-free
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.
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