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Magic Gold Scalper EA MT5 (Official version) | GroupBuy

Magic Gold Scalper EA MT5 is an automated XAUUSD trading EA using multi-strategy confirmation, ATR-based SL/TP, low drawdown control, and smart risk management.

Original price was: $499.00.Current price is: $120.00.

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  • Unlimited Activations

You can use product with unlimited account

 

  • Instant delivery

Download link will be sent instantly after purchase

 

  • Easy to install

Pre-activated, ready to use immediately

 

  • Free Update
  • Free Install Support

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Description

What is Magic Gold Scalper EA MT5?

Magic Gold Scalper EA MT5 is a professional Expert Advisor designed for automated Gold trading on XAUUSD. Built with a multi-strategy confirmation system and advanced risk management, this EA helps traders capture high-probability opportunities while maintaining strict control over drawdown.

About the Developer

  • Author: Mike Wilson Namaru
  • Experience: Over +1 years of experience on MQL5.
  • Notable Products:  Magic Gold Scalper EA MT5, Quantum Sniper EA MT5, Price Action Scalper MT5, SMC Sniper MT5 and others.
  • Flagship Product: Magic Gold Scalper EA MT5 is rated as the best performing product of the year.

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Magic Gold Scalper EA MT5 Overview

Magic Gold Scalper EA MT5 Overview

Key Features of Magic Gold Scalper EA MT5

  • Multi-Strategy Confirmation: Executes trades only when multiple strategies align in the same direction, reducing false signals.
  • Smart Signal Filtering: Combines candlestick patterns, price action, chart patterns, and divergence analysis for precise entries.
  • Technical Indicator Integration: Uses RSI, MACD, ADX, Stochastic, Bollinger Bands, and moving average crossovers for confirmation.
  • Weighted Strategy System: Assigns custom weight values to each strategy with a minimum confirmation threshold before entry.
  • Multi-Timeframe Analysis: Confirms trend strength across M15, M30, and H1 timeframes for higher accuracy.
  • Gold-Optimized Algorithm: Specifically designed and optimized for XAUUSD volatility and market behavior.

Additional Features  

  • Dynamic Stop Loss & Take Profit: Automatically calculates SL/TP using ATR to adapt to real-time market volatility.
  • Flexible Position Sizing: Choose fixed lot size or automatic risk percentage calculation per trade.
  • Session Filter Control: Trade only during London, New York, Tokyo, or Sydney sessions with customizable hours.
  • Bad Day Protection: Avoids trading during high-impact events like NFP, central bank announcements, and holidays.
  • Trend Alignment Filter: Optional 100-period moving average filter to trade with the primary market trend.
  • Averaging & Recovery System: Adjustable lot multipliers, distance settings (pips or ATR), VWAP basket exit, and equity drawdown protection.

Why choose Magic Gold Scalper EA MT5?

  • Risk-Controlled Trading: Designed to avoid high-risk methods while maintaining structured recovery logic.
  • Customizable Strategy Engine: Enable/disable individual strategies and assign personalized weight values.
  • Broker Flexible Setup: Compatible with ECN, RAW, Hedge, and Netting accounts.
  • Optimized for XAUUSD H1: Default configuration tailored for stable performance on the H1 timeframe.
  • VPS Ready Performance: Works efficiently on low-spread brokers with VPS support for stable execution.
  • Scalable for Growth: Suitable for minimum $500 deposit, recommended $1,000+ with adjustable 1% risk management.

Magic Gold Scalper EA MT5 Backtest Results

🔺XAUUSD (Gold) pair

  • Initial Deposit: $1,000
  • Total Net Profit: $160,818.73
  • Win Rate (% of total): 91.53%
  • Maximum Drawdown: 4.44%
Magic Gold Scalper EA MT5 Backtest

Magic Gold Scalper EA MT5 Backtest

Real User Reviews and Feedback

🔺 Magic Gold Scalper EA is highly appreciated by the MQL5 community for bringing stable and reliable profits. Below are 5 star reviews from users:

  • Ryan lebeter (2026.01.20): “Amazing bot im bad at trading and this has saved me ive made £300 today i will be buying it fully soon support amazing too helping me set it up.”

What’s Included in the Download Package?

  • Setting (If Any).docx
  • Installation Guide.docx

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Conclusion

In summary, Magic Gold Scalper EA MT5 is a powerful and fully automated Gold trading robot specifically optimized for XAUUSD on MT5. Built with a multi-strategy confirmation engine, advanced technical indicators, and strict risk management logic, this EA focuses on capturing high-probability trading opportunities while maintaining low drawdown levels.

With features such as ATR-based dynamic Stop Loss and Take Profit, multi-timeframe analysis (M15, M30, H1), session filters, weighted strategy confirmation, and an adjustable recovery system, Magic Gold Scalper EA MT5 offers both precision and flexibility for traders of all levels. Strong backtest performance, high win rate, and VPS-ready execution make it a reliable choice for anyone seeking consistent, automated Gold trading performance in today’s volatile market.

>>> Reviewed by Jason Stap

FAQs

FAQs

1. What is Magic Gold Scalper EA MT5 and how does it work?

Magic Gold Scalper EA MT5 is an automated Gold trading robot designed for the MetaTrader 5 (MT5) platform. It trades XAUUSD using a multi-strategy confirmation system that combines price action, candlestick patterns, divergence analysis, and technical indicators. The EA only executes trades when multiple conditions align, helping reduce false signals and improve trade accuracy.

2. Is Magic Gold Scalper EA MT5 suitable for beginners?

Yes, Magic Gold Scalper EA MT5 is beginner-friendly because it is fully automated. However, users should still understand basic Forex and Gold trading concepts, risk management principles, and how to install Expert Advisors on MT5. Testing on a demo account before going live is strongly recommended.

3. What makes Magic Gold Scalper EA MT5 different from other Gold EAs?

This EA uses a weighted multi-strategy confirmation system where each strategy is assigned a specific score. Trades are executed only when a minimum confirmation threshold is met. It also includes multi-timeframe analysis (M15, M30, H1), ATR-based dynamic Stop Loss and Take Profit, and session filters for major trading sessions.

4. Does Magic Gold Scalper EA MT5 use martingale or high-risk recovery strategies?

The EA includes an adjustable averaging and recovery system with equity drawdown protection. While it is designed with structured risk control, users can customize lot multipliers and recovery settings. It is important to configure these settings carefully to match your personal risk tolerance.

5. What timeframe is recommended for Magic Gold Scalper EA MT5?

The default and recommended timeframe is H1 (1-hour chart) on XAUUSD. The strategy is optimized for this timeframe to balance accuracy, stability, and risk management.

6. What is the recommended minimum deposit for Magic Gold Scalper EA MT5?

The minimum recommended deposit is $500. For safer risk management and better capital flexibility, a deposit of $1,000 or more is suggested, with a 1% risk per trade setting.

7. How does Magic Gold Scalper EA MT5 manage risk?

The EA uses ATR-based dynamic Stop Loss and Take Profit levels to adapt to Gold market volatility. It also includes flexible lot sizing (fixed lot or risk percentage), session filters, bad day protection during major news events, and equity drawdown protection features.

8. Are the backtest results of Magic Gold Scalper EA MT5 realistic?

The reported backtest shows strong performance on XAUUSD with a high win rate and low drawdown. However, backtest results are historical simulations and do not guarantee future live trading performance. Traders should verify live results and test on demo accounts before investing real money.

9. Is Magic Gold Scalper EA MT5 compatible with all brokers?

Yes, the EA is compatible with ECN, RAW, Hedge, and Netting accounts on MT5. For best performance, a low-spread broker and VPS hosting are recommended to ensure stable execution and minimal slippage.

Specification

Technical Details

Trading platform

MetaTrader 5 (MT5)

Time frames

M15, M30, H1

Currency pairs

Gold (XAUUSD)

Product type

Official version

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