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

Download the PythonX M1 Scalper XAUUSD EA V8.1 file (.ex5 or .mq5).
Open MetaTrader 5.
Click File → Open Data Folder.
Open the MQL5 folder and then the Experts folder.
Paste the EA file into the Experts folder.
Restart MT5.
Enable Algo Trading from the toolbar.
Open XAUUSD chart and set timeframe to M1.
Drag the EA from the Navigator panel onto the chart.
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.