Introduction


Sick of overpriced EAs that promise the moon but barely scratch the surface? You’re not alone. Traders hunting for gold pips on small timeframes often find themselves fighting spread spikes, erratic price moves, and heavy drawdowns. That’s where RFP Gold Scalping EA V1.0 comes in—it’s tailor-made for XAU/USD, fully automated, and built with advanced risk controls so you can scalp like a pro, tho without losing your shirt.


Overview


RFP Gold Scalping EA V1.0 is a precision-engineered Expert Advisor optimized exclusively for gold (XAU/USD) trading on MetaTrader 4. Unlike generic EAs that shoehorn multiple assets into one strategy, RFP focuses solely on gold’s unique volatility. It reads micro-swings on M1–M15 charts, spots breakout clusters, and executes trades with razor-sharp timing. Whether you prefer a single-trade approach or multi-trade mode, this EA adapts to market rhythm, locking in small wins that add up fast.


Backtest & Performance


We ran a 12-month backtest from Jan 2024 to Dec 2024 on an ECN environment with zero spreads, simulating real-world conditions. The equity curve was remarkably smooth, netting an average of 1.5% profit per week and a max drawdown capped at 4.2%. Live forward testing on a small real-money account has shown consistent results—over 50 trades, it maintained a win rate above 65%, with an average gain/loss ratio of 1.8:1. Profitts hold up even during quiet Asian sessions, coz risk management kicks in before volatile news spikes hit.


Key Features


• Optimized for Gold (XAU/USD): Strategy tuned just for gold’s micro-volatility.
• Small Timeframe Trading: Works on M1, M5, and M15 charts for rapid execution.
• Single or Multiple Trade Mode: Choose one trade at a time or run up to 3 simultaneous positions.
• Advanced Risk Management: Dynamic stop-loss and take-profit based on ATR and volatility.
• Zero-Spread/ECN Ready: Designed for brokers offering zero spreads or tight ECN conditions.
• User-Friendly Interface: Simple input panel—no coding needed.
• Auto Time Filter: Stops trading before and after major news events.


How It Works



  1. Market Scanning: The EA continuously scans price action on your selected timeframe.

  2. Signal Confirmation: Multiple indicators—trend filter, momentum oscillator, and breakout detector—must align.

  3. Order Execution: Once conditions are met, orders are sent instantly with pre-set lot sizing.

  4. Risk Controls: Stop-loss and take-profit levels adjust dynamically to current volatility.

  5. Exit Logic: Trades close on profit targets, trailing stops, or forced at end of session to avoid overnight swaps.


Installation & Setup



  1. Download the RFP_Gold_Scalping_EA.ex4 file from the link above.

  2. Copy the .ex4 into your MT4’s Experts folder (File → Open Data Folder → MQL4 → Experts).

  3. Restart MetaTrader 4.

  4. Drag & Drop “RFP Gold Scalping EA V1.0” onto an XAU/USD M5 chart.

  5. Load the recommended .set file (attached in the download) via the EA’s input panel.

  6. Enable AutoTrading: click the “AutoTrading” button on MT4’s toolbar.

  7. Monitor for the first few trades to ensure everything’s running smoothly—then let it scalp!


Why Choose RFP Gold Scalping EA V1.0?


You’ll find countless EAs out there, but few focus solely on gold scalping with robust money management. RFP Gold Scalping EA V1.0 was crafted from the ground up to handle XAU/USD quirks—no generic multipurpose code. It’s plug-and-play, flexible, and proven in both backtests and live conditions. If you want a lean, mean gold-scalping machine, this is it, dont look elsewhere.


Conclusion


Ready to boost your gold-scalping profitts? Download RFP Gold Scalping EA V1.0 now and start harnessing precise, automated trades on XAU/USD. It’s beginner-friendly, risk-managed, and built for zero-spread/ECN brokers. Give it a spin on demo first, then let it run on your live account—scalping’s never been this easy!