Ghost Scalper EA V5.20 MT5

Introduction

Ghost Scalper EA V5.20 MT5 is an automated trading Expert Advisor designed for MetaTrader 5, featuring four independently configurable trading modules: Ghost A, Ghost B, Ghost C, and Ghost D. It provides separate BUY and SELL controls, flexible lot-sizing options, customizable exit management, and account-level risk monitoring. The EA also includes optional news filters and trading schedule controls, giving traders greater flexibility when configuring automated trading operations.

Key Features

Four independent trading modules (Ghost A, B, C, and D).
Separate BUY and SELL trading controls.
Fixed Lot, Risk Percent, and Risk per Balance options.
Customizable Stop Loss and Take Profit settings.
Automated trailing management.
Optional high-impact USD news filter.
Configurable trading schedules and time restrictions.
Individual magic numbers for trade identification.
Optional account-level drawdown and risk controls.

Recommended Settings

Platform: MetaTrader 5 (MT5)
Recommended Pair: XAUUSD (Gold)
Recommended Timeframe: H1
Lot Size: 0.01 per module as a documented reference setting
Trading Modules: Ghost A, B, C, and D
Trading Direction: BUY and SELL
Risk Management: Use conservative position sizing according to account balance and risk tolerance.

These are reference settings, not guaranteed optimal configurations. Test the EA on a demo account and adjust settings according to broker conditions and account size.

Advantages

Four independently configurable trading modules.
Flexible position-sizing methods.
Automated trade and exit management.
Separate BUY and SELL configuration options.
Optional news and trading-time filters.
Additional account-level risk monitoring controls.

Disadvantages

Trading performance may vary depending on market conditions.
Multiple active modules can increase overall account exposure.
Spread and slippage may affect trading results.
Requires proper configuration and regular monitoring.
Backtesting and demo testing are recommended before live trading.
Automated risk controls cannot eliminate trading losses.

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.