Description

Ghost Scalper EA MT5 – Automated Gold Trading Expert Advisor for XAUUSD

Ghost Scalper EA MT5 is a fully automated Expert Advisor developed for trading Gold (XAUUSD) on the MetaTrader 5 (MT5) platform. The EA operates on the H1 timeframe and combines four independent trading strategies: Ghost A, Ghost B, Ghost C, and Ghost D.

Each Ghost strategy works independently with its own trading logic and money management settings. This allows the EA to manage multiple trading approaches within a single automated system while giving traders greater control over risk and position sizing.

Ghost Scalper EA supports both Fixed Lot and Risk % money management modes. Traders can configure each strategy separately according to their account size, trading preferences, and desired risk level.

The EA does not require an external setfile. All important trading and risk settings can be adjusted directly inside MetaTrader 5, making the setup simple, flexible, and easy to manage.

Trading Specifications

Platform: MetaTrader 5 (MT5)
Pair: XAUUSD (Gold)
Timeframe: H1
Setfile: No
Trading Mode: Fully Automated
Strategies: Ghost A + Ghost B + Ghost C + Ghost D

Money Management

Ghost Scalper EA provides separate money management controls for each of its four internal strategies.

Ghost A: Fixed Lot or Risk %
Ghost B: Fixed Lot or Risk %
Ghost C: Fixed Lot or Risk %
Ghost D: Fixed Lot or Risk %

The default configuration uses a 0.01 fixed lot for each strategy. Traders can also switch to percentage-based risk management and adjust the risk settings based on their account balance and preferred trading approach.

Key Features

• Fully automated XAUUSD trading
• Designed for MetaTrader 5
• Operates on the H1 timeframe
• Four independent trading strategies
• Ghost A, Ghost B, Ghost C, and Ghost D
• Fixed Lot and Risk % money management
• Separate risk settings for each strategy
• Individual magic numbers
• Built-in configurable settings
• No external setfile required
• Adjustable lot size and risk parameters
• Optional high-speed trading mode
• Simple installation and setup

How to Use Ghost Scalper EA MT5

First, install Ghost Scalper EA in your MetaTrader 5 platform and attach it to an XAUUSD H1 chart.

Next, review the EA settings before enabling automated trading. Traders can use the default 0.01 fixed lot settings or switch individual Ghost strategies to Risk % mode.

Adjust the lot size, risk percentage, and other available parameters according to your account size and personal risk tolerance.

After completing the configuration, enable Algo Trading in MetaTrader 5. Ghost Scalper EA will then monitor the XAUUSD market and execute trades automatically according to its internal trading strategies.

Before using the EA on a live trading account, it is recommended to test it on a demo account or in the MT5 Strategy Tester to better understand its behavior under different market conditions.