Hello traders,
I want to share my MT5 scalping strategy for XAUUSD M15.
Entry: Price above EMA 50, RSI 14 above 50 for buy, below 50 for sell.
Risk: 1 percent per trade, SL 200 points, TP 400 points.
No martingale, no grid.
Tested Jan 2024 to June 2025 on demo, profit factor around 1.6 and win rate around 60 percent.
Looking for feedback to improve exit logic. Thanks!
This EA has been a great addition to my trading. It keeps things simple, follows the market structure, and executes without emotional decisions. I’ve had some strong results with it.
👉 https://t.me/Alexvance0 Message “HOW CAN I GET THE EA?”
Hello traders if you need a forex trading partners you can text me t.me/Alexvance0
Thanks everyone for checking the thread!
Quick note: Please ignore the Private EA V1.1 / V3 spam comments - I have nothing to do with them. This is just a simple free strategy I am testing.
My current exit is only fixed TP 400 points - feels weak on Gold. I am thinking of adding:
Option A: Trailing stop 150 points after +200 profit Option B: Close half at TP 200 and let rest run to 600
What exit do you use for XAUUSD M15 scalping? Especially during London open volatility?
If you tested similar EMA50 + RSI14, share your result - I will share my SET file here.
Thanks!
Update - Backtest Jan 2024 to Jun 2025
Here is my demo test for the XAUUSD M15 EMA50 + RSI14 strategy I posted above.
Details: Symbol: XAUUSD TF: M15 Broker: IC Markets demo Period: Jan 2024 - Jun 2025 PF: 1.62 Win: 61% Max DD: 12.4% SL 200 / TP 400 / 1% risk / No martingale
Screenshot below.
Still working on exit - trailing 150 after +200 looks better than fixed TP. Will update SET file soon.
Any feedback on DD? Is 12% okay for Gold M15?
#xauusd #mt5 #scalping #m15 #gold