Oracle Gold Scalper EA MT4 v6.1 (Official version +1441)

What is Oracle Gold Scalper EA MT4?

Oracle Gold Scalper EA MT4 is a fully automated Expert Advisor designed specifically for XAUUSD (Gold) trading. The system focuses on stable, consistent performance rather than aggressive account growth, making it suitable for traders who prioritize capital protection, discipline, and long-term reliability. Built with volatility-adaptive logic, Oracle Gold Scalper EA automatically adjusts to changing gold market conditions. It operates hands-free across all major trading sessions and integrates advanced risk management tools such as drawdown control, trailing stops, and news filtering to protect trading capital during both calm and volatile periods.

Vender website

Main Features of Oracle Gold Scalper EA MT4

• Fully Automated Gold Trading: Executes buy and sell trades independently without any manual intervention.
• Non-Martingale Strategy: Uses fixed and controlled lot sizing for predictable and stable risk exposure.
• Volatility-Adaptive Entries: Wide order tolerance designed specifically for gold’s sharp price movements.
• Session-Based Execution: Trades intelligently across Asian, London, and New York sessions.
• Scalping with Patience: Targets larger take-profit levels relative to entry distance for better expectancy.
• Gold-Focused Logic: Optimized exclusively for XAUUSD market behavior and liquidity patterns.

Additional Features

• Advanced News Filter: Automatically avoids trading during high-impact economic events affecting gold.
• Trailing Stop System: Locks in profits dynamically as price moves in favor of open trades.
• Drawdown Control Mechanism: Automatically pauses trading when predefined drawdown limits are reached.
• Maximum Profit Cap: Secures gains and prevents overexposure during extended market runs.
• All-Session Coverage: Identifies opportunities throughout the entire trading day.
• Hands-Free Operation: Ideal for traders who want reliable automation without constant monitoring.

Why Choose Oracle Gold Scalper EA MT4?

• Designed for Stability: Built for consistent performance rather than risky, aggressive strategies.
• Strong Risk Management: Multiple layers of protection help preserve capital in volatile conditions.
• Gold-Specific Safety: News and volatility filters reduce exposure to sudden XAUUSD price spikes.
• Conservative by Design: Small initial lot sizing suits cautious and professional traders.
• Marketplace-Ready Logic: Transparent, rule-based execution suitable for retail and professional use.
• Long-Term Focus: Emphasizes sustainability and disciplined trading over short-term hype.

Oracle Gold Scalper EA MT4 Reviews

Oracle Gold Scalper EA MT4 Review

Oracle Gold Scalper EA Review

What’s Included in the Download Package?

• Experts: Oracle Gold Scalper EA v6.1_fix.ex4

>>> Join VIP Membership Now <<<

How To Set Up EA

🔺The Oracle Gold Scalper EA is an automated trading Expert Advisor designed specifically for Gold (XAUUSD) scalping strategies. It integrates advanced risk control, news filtering, session management, and automated trade execution. This guide explains how to install, configure, and optimize the EA correctly for stable performance.

setting

Step 1: Install Oracle Gold Scalper EA

1. Download the EA File
   Make sure you have Oracle Gold Scalper EA v6.1_fix.ex4 or .ex5.
2. Open MetaTrader (MT4/MT5)
   Go to:
   File → Open Data Folder → MQL4/MQL5 → Experts
3. Copy the EA File
   Paste the EA file into the Experts folder.
4. Restart MetaTrader
   Restart the platform so the EA appears in the Navigator panel.
5. Attach EA to XAUUSD Chart
   Drag the EA onto the Gold (XAUUSD) chart.
   Recommended timeframe: M5 – M15

Step 2: Input Settings Explained

➡️Below are the recommended default settings shown in the image and their functions.

2.1 Account & License Settings

• RealAccountNumber: 0
• DemoAccountNumber: 0
• LicenseKey: (Enter your license if required)
• ClientEmail: (Optional)

These parameters are used for license validation.

2.2 Trading Mode

• tradingMode: Automatic Trading
• manualDirection: None (no trade)

➡️ Fully automated trading is enabled.

2.3 Lot Size & Risk Control

• initialLotSize: 0.01
• martingaleMultiplier: 1.0 (Martingale OFF – safer trading)

➡️ Suitable for small accounts and conservative risk management.

2.4 Trade Distance & Profit Targets

• openDistancePips: 350
• takeProfitPips: 450
• stopLossPips: 3000

➡️These values are optimized for Gold volatility, allowing trades enough room to develop.

2.5 Trailing Stop Settings

• enableTrailingStop: true

• trailingStopPips: 400

➡️ Locks profits automatically when price moves in your favor.

2.6 Profit & Trade Limits

• maxProfitLimit: 1000.0
• maxTrades: 100

➡️Stops trading after reaching profit or trade limits to protect capital.

2.7 Drawdown Protection

• maxDrawdownPercent: 100.0
• maxDrawdownMode: Stop EA when max drawdown is reached

➡️ You can lower this value (e.g., 30–50%) for stricter risk control.

2.8 News Filter (Highly Recommended)

• useNewsFilter: true
• disableMinutesBeforeNews: 30
• disableMinutesAfterNews: 30

➡️ Prevents trading during high-impact economic news to reduce risk.

2.9 Trading Time Settings

• startTradingHour: 0
• stopTradingHour: 24

➡️EA is allowed to trade all day.

2.10 Session Filters

• AsianSession: true
• LondonSession: true
• NewYorkSession: true

➡️ Enables trading during all major Forex sessions for maximum opportunities.

Step 3: Best Practices for Optimal Performance

• Use VPS for 24/7 stable trading
• Trade only on XAUUSD
• Start with demo testing before live deployment
• Avoid high leverage (recommended ≤ 1:200)
• Monitor drawdown weekly

Conclusion

In summary, Oracle Gold Scalper EA MT4 is a reliable and conservative automated gold trading EA for XAUUSD, built for traders who value capital protection, stability, and long-term consistency. With its non-martingale scalping strategy, volatility-adaptive logic, and multi-layered risk management system—including news filtering, drawdown control, and trailing stops—this Expert Advisor is well suited for navigating gold’s volatile market conditions. Optimized for hands-free operation across all major trading sessions, Oracle Gold Scalper EA MT4 stands out as a disciplined and sustainable solution for traders seeking a safe, fully automated XAUUSD scalping system on MetaTrader 4.

>>> Reviewed by Jason Stap <<<