PythonX M1 Scalper XAUUSD MT5 v5.0 (Official version 1441+)

What is PythonX M1 Scalper XAUUSD MT5?

PythonX M1 Scalper XAUUSD MT5 is an advanced scalping Expert Advisor specifically designed for high-frequency trading on Gold (XAUUSD) using the MetaTrader 5 platform. Operating on the ultra-fast M1 (1-minute) timeframe, this EA utilizes cutting-edge algorithms and dynamic risk control to execute precise entries and exits in volatile gold markets.

Core Features of PythonX M1 Scalper

• High-Frequency Scalping Strategy:
  Utilizes real-time price action and engulfing candle recognition for accurate entries.
• Gold-Only Optimization (XAUUSD):
  Fine-tuned to exploit volatility and liquidity unique to gold.
• M1 Timeframe Focus:
  Designed for short-term trades with quick execution and exit strategies.
• Fixed TP & SL Levels:
  Ensures consistent risk-reward ratios with strict stop loss and take profit parameters.
• Time-Limited Trading Sessions:
  Avoids low-liquidity periods by operating during optimal trading hours.

Why choose PythonX M1 Scalper XAUUSD MT5?

• Engulfing Candle Entry Logic:
  Delivers precise, real-time signals in volatile conditions.
• Built-in Risk Control:
  Strict TP/SL ensures capital protection for scalping traders.
• XAUUSD-Specific Tuning:
  Tailored for gold’s volatility on the M1 timeframe—ideal for short bursts of momentum.
• Custom Indicators Support:
  Optional filters like RSI, CCI, EMA, and Volume enhance decision-making.
• Simple and Efficient Design:
  Easy to use for both beginners and advanced scalpers.

Performance Review & Verified Backtest Results

• Overview of consistent profitability and low drawdown over 5 months.
• Backtest Summary:

PythonX M1 Scalper XAUUSD Backtest Reuslts

PythonX M1 Scalper XAUUSD EA Backtest Reuslts

PythonX M1 Scalper XAUUSD EA Backtests Reuslts

PythonX M1 Scalper XAUUSD MT5 Backtest Reuslts

What’s Included in the Download Package

Expert File: PythonX M1 Scalper XAUUSD v5.0_fix.ex5

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PythonX M1 Scalper XAUUSD MT5 Settings Overview

PythonX M1 Scalper XAUUSD v5.0 is a precision-engineered scalping EA for gold (XAUUSD) on the M1 chart. It uses pure price action logic with minimal indicator noise.

PythonX M1 Scalper XAUUSD MT5 Settings Panel

🔹 Step 1: Installation

• Copy PythonX_M1_Scalper_v5.0.ex5 to:
  MetaTrader 5 → File → Open Data Folder → MQL5 → Experts
• Restart MT5.
• Attach the EA to XAUUSD on the M1 timeframe.
• Enable Algo Trading in MT5 toolbar.

🔹 Step 2: Entry Logic Settings

• Use Engulfing Pattern: true
  → Trades triggered by bullish/bearish engulfing candlestick patterns.
• Use CCI / RSI / EMA: false
• Use Volume Spike Filter: false
  → Pure price action logic without confirmation indicators or volume filters.

🔹 Step 3: Risk Management & Trade Targets

• Take Profit: 170 pips
• Stop Loss: 145 pips
  → Positive risk-reward ratio (~1.17), optimized for XAUUSD volatility.

🔹 Step 4: Lot Size Configuration

• Lot Step: Starts at 0.50, increments by 0.01
  → Allows precise scaling without overexposure.

🔹 Step 5: Time Filter Setup

• Enable 24-Hour Trading: false
  → The EA trades during selected high-liquidity sessions only, minimizing overnight risk.

Conclusion

PythonX M1 Scalper XAUUSD MT5 is a powerful, gold-focused scalping Expert Advisor tailored for high-frequency trading on the M1 timeframe. Designed specifically for XAUUSD, it combines real-time engulfing candle recognition with strict TP/SL levels and session-based filters to deliver consistent, low-drawdown profits. With verified backtests showing strong performance across multiple capital sizes, it stands out for its precision entry logic, volatility-adapted design, and ease of use for both beginners and professionals. Whether you’re trading prop firm accounts or seeking short-term gains on gold, PythonX M1 Scalper offers a reliable, performance-driven solution built for the fast-paced nature of the gold market.

>>> Reviewed by Jason Stap <<<