Scalper Midas EA V1.0 MT4

🤖 Introduction to Scalper Midas EA

The Scalper Midas EA is a specialized automated trading robot built exclusively for XAUUSD (Gold) on the MT4 platform. Operating on the M1 and M15 timeframes, this expert advisor combines the precision of the Parabolic SAR indicator with strict risk management rules to capture quick, consistent profits from Gold's volatile price movements. Whether you're a busy professional or a dedicated trader, the Scalper Midas EA handles the heavy lifting while you enjoy the results.

⚙️ Key Features

• 🎯 Pair Specialization: Designed solely for XAUUSD, ensuring optimized performance.
• ⏱️ Timeframe Flexibility: Fully compatible with M1 (ultra-scalping) and M15 (momentum trading).
• 📊 Smart Logic: Utilizes Parabolic SAR for trend detection and dynamic trailing stops.
• 🛡️ Equity Protector: Built-in daily loss (5%) and profit (10%) limits to safeguard your account.
• 📰 News Filter: Avoids trading during high-impact economic events to prevent slippage.
• 📈 Visual Dashboard: On-chart panel displays real-time settings and performance stats.
• 💰 Flexible Lot Sizing: Choose between fixed lots or risk-percentage based lot sizes.

🔧 Recommended Settings

📌 For M1 (Fast Scalping):

• SARPeriod 0.56
• Step 20-25 pts
• Stop Loss 350 pts
• Max Spread 15
• Fixed Lot 0.01

📌 For M15 (Swing Scalping):

• SARPeriod 0.56
• Step 25-35 pts
• Stop Loss 530 pts
• Max Spread 25
• Equity Percent 1-2%

⚠️ General: Enable News Filter (High Impact) | Enable Equity Protector | Max Daily Loss 5% | Max Daily Profit 10%

✅ Advantages

• ✔ Hyper-focused on Gold, leading to better accuracy.
• ✔ Disciplined risk management with automatic daily shutdown limits.
• ✔ User-friendly with a transparent visual panel.
• ✔ Spread control ensures you never trade in bad conditions.
• ✔ No emotions – the robot follows the logic flawlessly.

❌ Disadvantages

• ✖ Only trades XAUUSD; not suitable for other pairs.
• ✖ May struggle in sideways or choppy market conditions.
• ✖ Requires monitoring during major geopolitical events despite the news filter.

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.