Introduction

Momentum XAU Scalper EA V1.20 MT5 is an automated trading system designed specifically for gold trading (XAU/USD) on the MetaTrader 5 platform. The EA focuses on momentum-based scalping strategies, aiming to capture short-term price movements in highly volatile gold market conditions. It continuously analyzes market momentum, volatility, and price action to execute fast automated trades with built-in risk management features.

Key Features

Momentum-based gold scalping strategy
Fully automated trade execution
Optimized for XAU/USD trading
Fast entry and exit execution
Real-time market monitoring
Advanced stop-loss and take-profit management
Spread and volatility filtering
Multi-timeframe analysis
Adjustable risk management settings
VPS compatibility for stable 24/7 trading
MT5 platform optimization
Automated trade management

Recommended Settings

The ideal settings depend on account size, broker quality, and risk tolerance. Conservative settings are generally recommended for stable long-term performance.

Suggested Setup

Timeframe: M1, M5, or M15
Trading Pair: XAU/USD
Risk Level: 1%–2% per trade
Minimum Deposit: $500 or higher
Broker Type: ECN or low-spread broker
VPS Recommended: Yes
Leverage: 1:100 or higher
AutoTrading Enabled: Yes

Beginners should start with lower risk settings and test on a demo account first.

Backtest Result

Backtesting allows traders to evaluate the EA using historical gold market data. Actual results may vary depending on broker conditions, spreads, execution speed, and settings.

Common Backtest Observations

Strong performance during active gold market sessions
Better results under low-spread broker conditions
Fast scalp trade execution
Controlled drawdown with conservative risk settings
Consistent short-term momentum trade opportunities

Past backtest performance does not guarantee future live trading results.

Advantages

Specifically optimized for gold trading
Fast momentum scalp execution
Fully automated trading system
Reduces emotional trading decisions
Continuous market monitoring
Spread and volatility protection
Adjustable risk management settings
Suitable for active market sessions
MT5 faster execution support
VPS compatibility for stable trading

Disadvantages

Highly sensitive to spread conditions
Requires fast broker execution
Gold volatility can increase risk
Frequent trading may increase commission costs
VPS hosting recommended for best performance
Not suitable for long-term trading strategies
Requires proper risk management
Drawdowns are still possible during unstable markets

Installation & Setup Guide

Step 1: Download the EA

Download the .ex5 EA file and setup package.

Step 2: Install MT5

Install MetaTrader 5 and log into your trading account.

Step 3: Open Data Folder

In MT5:

Click File
Select Open Data Folder
Open MQL5 > Experts

Step 4: Copy EA File

Paste the EA file into the Experts folder.

Step 5: Restart MT5

Close and reopen the MT5 platform.

Step 6: Enable Algo Trading

Go to:

Tools
Options
Expert Advisors

Enable:

Allow algorithmic trading
Allow DLL imports if required

Step 7: Attach EA to Chart

Open XAU/USD chart
Select preferred timeframe
Drag the EA onto the chart

Step 8: Configure Settings

Adjust:

Lot size
Risk percentage
Stop loss
Take profit
Trading hours

Step 9: Activate the EA

Enable the Algo Trading button to start automated trading.

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.