GOLD Scalper Pro

Information about GOLD Scalper Pro

We have used the most proven trading principle since the markets exist – namely a position entry in the direction of a distinctive market impulse and a following correction. This principle has been proven rock solid since the markets exist and it has been widely exploited by the "Smart Money" traders. We know this, because we have used this trading pattern more than 15 years in a different way in many trading systems and it just does not fail.

GOLD Scalper Pro is not just another curve fitted system with a hundred parameters. On the contrary - the trading logic is so strong and reliable, so it needs a few parameters to be profitable.

GOLD Scalper Pro is not a grid, martingale, or other risky strategy - it is a classical trading strategy by a textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic.

GOLD Scalper PRO Features:

Money Management

GOLD Scalper PRO comes with Money Management System. You can set a risk in percents and the robot will automatically calculate the lots according the risk and your account free margin. The Money Management system includes Loss Recovery option called Recovery Mode.

Here is how the Recovery Mode works: When activated the system checks the account history to find previous losses. If there are not any losses in the past then the system wait for the first loss. When a loss occur GOLD Scalper PRO starts the recovery process. It increases the lot size of every new trade with small amounts until the last loss or previous losses are compensated completely. The process is very secure because the EA increase the lot size with small amounts.

Advanced News Filter

GOLD Scalper PRO is equipped with Advanced News Filter. Thanks to this filter you can avoid trading during most important news and events. The news filter can increase the profit factor of the system and reduce the drawdown. It is disabled by default. If you want to use it you have to enable it and configure it precisely.

Advanced Time Management System

With the Time Management System you can precisely configure the robot to trade only during specific hours. You can also configure the robot to trade or not on individual week days. This is a very powerful option which will let you avoid the most dangerous periods.

Friday Exit System

We all know that sometimes it could be risky to trade on Friday because the trades may remain during the weekend and may be closed on big loss due to Monday gaps. GOLD Scalper PRO has a Friday Exit system and you can configure the robot to close all trades on Friday Evening at a desired time and to stop trading after this time.

E-mail and Push Notification System

GOLD Scalper PRO will inform you about all actions performed in your account. It easy to set-up your terminal to receive these notifications. GOLD Scalper PRO can send email and push notifications to your mobile phone and inform you about its trades. By default these options are disabled.

Manual Trading

GOLD Scalper PRO comes with Manual Trading system which allow you to open manual trades which will be managed automatically by the robot. The robot print two buttons on the chart BUY and SELL. If you click the BUY button the robot will open a BUY trade. If you click the SELL button the robot will open a SELL trade. The best thing is that the robot will not let you open manual trades in bad market conditions. When the buttons color is dark gray then it means that the manual trading is not allowed for BUY or SELL due to bad market conditions or there are already opened trades.

GOLD Scalper PRO is fully automatic, so you do not have to use this extra feature, if you do not want to open extra manual trades.

GOLD Scalper PRO Settings

==== Risk Management ====

• FixedLots - fixed trading volume (works if AutoMM1=0)
• AutoMM - values greater than 0 (zero) activate automatic ММ (traded volume as a percentage of free margin).

==== General Settings ====

• Magic - magic number - it is extremely important to keep this different for all robots.
• EA_Coment - text which will be added as a comment to each trade opened by GOLD Scalper PRO
• MaxSpread - maximal allowed spread for position opening.
• Slippage - maximal allowed slippage for position opening.
• StealthMode - true/false - conceal stop loss and take profit levels in program logic making them invisible to brokers. If you use this mode, the stop loss and take profit orders are not located in the trading server.
• CloseOnlyOnProfit - true/false - when this mode is enabled, positions will be closed only on profit or where stop loss is reached. When CloseOnlyOnProfit=false /default/, positions will be closed according to the system logic.
• NFA - true/false - set "true" if your broker is NFA regulated.
• No_Hedge - true/false - set "true" if you wish to cancel all hedge trades.
• EmergencyStopDist - second level of protection, when StealthMode is used. At values greater than zero, it activates a second level of true (Emergency) StopLoss on a greater distance than the virtual hidden StopLoss is located. In such case, the
value of the new emergency StopLoss will be the sum of the EmergencyStopDist value plus the value of the hidden StopLoss.

==== TradingLogic Settings ====

• StopLoss - stop loss value
• TakeProfit - take profit value
• TREND_STR - relative impulse strength.
• Profit - the profit on which the position will be closed in case a short-term reversal pattern is detected.

==== Dynamic SL & TP ====

• Use_ATR_Profit - activates the ATR based exit profit algorithm.
• ATR_Profit_Factor - the ATR value multiplier for calculating the new take profit value.
• Use_ATR_Stop - activates the ATR based Stop Loss algorithm.
• ATR_SL_Factor - the ATR value multiplier for calculating the Stop Loss value.
• ATR_TF_SL - the timeframe on which the ATR indicator is calculated – default 1440 (D1).
• ATR_Per_SL - the period of the ATR indicator – default 1.

==== Notifications ====

• EMAIL_Notification - true/false - enable/disable email notifications.
• PUSH_Notification - true/false – enable/disable push notifications to mobile phones.

==== GMT Settings ====

• GMT_Offset - winter GMT offset of your broker.
• Calculate_DST - true/false - Set TRUE if the broker shifts the GMT offset with +1 in Summer. Set FALSE if broker use same GMT offset whole year.

==== News Filter Settings ====

The News Filter function is disabled by default. It is your personal choice whether, or not to activate this function. The News Filter function can increase the profit factor of the system and reduce the drawdown, but also can reduce the number of the trades and the total profit.

• Avoid_News - true/false – use or not the News Filter.
• Include_Medium_News - true/false – include, or not the medium impact news. The high impact news are included by default.
• Filter_NFP_FOMC_ONLY - true/false - when true the news filter will stop trading only during NFP and FOMC news.
• Wait_Before_News - the amount of minutes, before the news release, when the trading will be disabled.
• Wait_After_News - the amount of minutes, after the news release, when the trading will be enabled.

==== Time Management Settings ====

• AllowedHour_ForBacktest - this parameter is only for backtesting! It helps optimizing the Time Management system. Here is how you can use it. During the optimization set start value 0, end value 23 and the step 1. You can optimize only one day per optimization. For example you want to optimize the forbidden hours for Monday, you have to disable other days bay settings TuesdayTrading=false ... to ... FridayTrading=false. At the end of the optimization the tester will show you the best hours for trading on Monday. You can add the bad hours in the parameter MondayForbiddenHours separated by comma, for example: 1,4,6.
• MondayTrading - true/false - enable or disable trading on Monday
• MondayHoursForbidden - forbidden trading hours for Monday (applies only when MondayTrading is enabled). You can set several values between 0 and 23 separated with commas. For example, if you set MondayHoursForbidden=9,10,11 the EA will not trade from 9:00 till 11:59. The hour values for this parameter are related to your broker's server time (the Market Watch)!
• TuesdayTrading - true/false - enable or disable trading on Tuesday
• TuesdayHoursForbidden - forbidden trading hours for Tuesday (applies only when TuesdayTrading is enabled). You can set several values between 0 and 23 separated with commas. For example, if you set TuesdayHoursForbidden=9,10,11 the EA will not trade from 9:00 till 11:59. The hour values for this parameter are related to your broker's server time (the Market Watch)!
• WednesdayTrading - true/false - enable or disable trading on Wednesday
• WednesdayHoursForbidden - forbidden trading hours for Wednesday (applies only when WednesdayTrading is enabled). You can set several values between 0 and 23 separated with commas. For example, if you set WednesdayHoursForbidden=9,10,11 the EA will not trade from 9:00 till 11:59. The hour values for this parameter are related to your broker's server time (the Market Watch)!
• ThursdayTrading - true/false - enable or disable trading on Thursday
• ThursdayHoursForbidden - forbidden trading hours for Thursday (applies only when ThursdayTrading is enabled). You can set several values between 0 and 23 separated with commas. For example, if you set ThursdayHoursForbidden=9,10,11 the EA will not trade from 9:00 till 11:59. The hour values for this parameter are related to your broker's server time (the Market Watch)!
• FridayTrading - true/false - enable or disable trading on Friday
• FridayHoursForbidden - forbidden trading hours for Friday (applies only when FridayTrading is enabled). You can set several values between 0 and 23 separated with commas. For example, if you set FridayHoursForbidden=9,10,11 the EA will not trade from 9:00 till 11:59. The hour values for this parameter are related to your broker's server time (the Market Watch)!
• SaturdayTrading and SundayTrading - true/false - enable or disable trading during Saturday and Sunday respectively. Due to big GMT offset, some brokers trade during weekends and for that reason we added these parameters as well.

Example: MondayHoursForbidden = "9,10,11,12,13,14,15,16";

==== Friday Exit ====

• FridayExit - true/false - if you wish to close all trades on Friday, you should use FridayExit=true.
• ExitHour - the robot will close all open positions at this hour on Friday.
• LastTradeHour - the robot can trade until the end of this hour on Friday (including this hour).

If you decide to use the "FridayExit" option you should set LastTradeHour and ExitHour several hours before the market closing of your broker on Friday.

Why to choose GOLD Scalper PRO

One of the main reasons to purchase and use GOLD Scalper PRO is that it is fully automated and easy to use expert advisor (forex robot), which will help you during the live trading and growing your account balance. GOLD Scalper PRO is a low-risk strategy. GOLD Scalper Pro is not a grid, martingale, or other risky strategy - it is a classical trading strategy by a textbook, which uses reasonable Stop Loss levels and an effective entry and exit trading logic.

GOLD Scalper PRO is very powerful trading system which includes the most important features and system you need for risk free trading: Money Management, Broker Protection, Spread Protection, Highly effective Trading & Exit Logic, Dynamic Stop Loss, Advanced Time Management, News Filter, Email and Push Notification System, Friday Exit System and etc.

Here is what you will get

Purchase includes:

• 1 Real Account
• 3 Demo Accounts
• The Best in Forex Industry (24/7) Support

Refund Policy

60-Day Money-Back Guarantee