PythonX M1 Scalper XAUUSD EA V8.1 MT5

Introduction

PythonX M1 Scalper XAUUSD EA V8.1 MT5 is a fully automated trading system designed specifically for gold (XAUUSD) on the 1-minute timeframe. Built for the MetaTrader 5 platform, it focuses on capturing small, rapid price movements through high-speed execution and tight risk management. The EA is structured to eliminate emotional decision-making while maintaining disciplined scalping logic.

Key Features

• Fully automated scalping strategy
• Optimized for XAUUSD on M1 timeframe
• Micro-trend and momentum detection
• Tight stop-loss and take-profit structure
• Adjustable lot size (fixed or risk-based)
• Spread and slippage filtering
• Equity and drawdown protection
• Session-based trading control
• MT5 execution optimization
• VPS-friendly for low-latency performance

Recommended Settings

While performance depends on broker conditions and account size, general recommendations include:

• Timeframe: M1 only
• Symbol: XAUUSD
• Risk Per Trade: 0.5%–1.5% (conservative for scalping)
• Lot Mode: Auto lot based on risk percentage
• Max Spread: Low-spread ECN broker recommended
• VPS: Strongly recommended for stable execution

Always test on a demo account before trading live.

Backtest Result

Backtesting may typically show:

• High trade frequency during active sessions
• Better performance during high-liquidity periods
• Sensitivity to spread and slippage
• Potential drawdown during sideways or news-driven spikes

Results vary depending on data quality, broker execution, and optimization settings.

Advantages

• Specialized for gold scalping
• Fast automated execution
• Emotion-free trading
• Tight risk control
• Short market exposure time
• Customizable risk management
• Optimized for MT5 infrastructure

Disadvantages

• Highly broker and spread dependent
• Requires low-latency VPS
• Sensitive to high-impact news events
• Frequent trading increases transaction costs
• Drawdowns possible during ranging markets
• No guaranteed profitability

Installation & Setup Guide

1. Download the PythonX M1 Scalper XAUUSD EA V8.1 file (.ex5 or .mq5).

2. Open MetaTrader 5.

3. Click File → Open Data Folder.

4. Open the MQL5 folder and then the Experts folder.

5. Paste the EA file into the Experts folder.

6. Restart MT5.

7. Enable Algo Trading from the toolbar.

8. Open XAUUSD chart and set timeframe to M1.

9. Drag the EA from the Navigator panel onto the chart.

10. Adjust input settings according to your risk preference and click OK.

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.