Most traders know scalping gold (XAUUSD) can be brutal—tight spreads, sudden spikes, and insane volatility. That’s why we built the XAUUSD M5 Super Scalper EA Source Code MQ4. Unlike black-box robots that hide their logic, this one comes with its full source code, so you can edit, learn, and customize as much as you like.

Developed by YoForex, this EA is optimized for gold scalping on the 5-minute timeframe. It’s lightweight, rule-driven, and built without martingale tricks—making it safer to run on small accounts and prop firm challenges.

Overview

XAUUSD M5 Super Scalper EA Source Code MQ4 is a MetaTrader 4 Expert Advisor that uses volatility + trend filters to scalp gold during liquid sessions. It’s coded in MQL4 with fully accessible source code (.mq4), so traders and coders can modify risk settings, entry filters, or even integrate custom indicators.

  • Platform: MetaTrader 4 (MT4)
  • Pairs: XAUUSD (Gold)
  • Timeframe: M5 (optimized)
  • Minimum Deposit: $150
  • Broker Type: ECN/Raw Spread recommended
  • Style: Gold scalping, intraday trading
  • Source Code: Included (.mq4)

Key Features

  • Source code included: Fully open .mq4 file to study and edit.
  • Optimized for XAUUSD: Tuned for gold on M5 chart.
  • No martingale/grid: Trades are single-shot with fixed risk.
  • Volatility filter: Avoids bad entries during low-liquidity periods.
  • Dynamic stop & take profit: ATR-based settings to adapt to market swings.
  • Spread protection: Skips trades if spread widens.
  • Scalper logic: Fast entries + quick exits for small gains.
  • Risk settings: Adjustable from conservative (0.25%) to aggressive (1%).
  • Prop firm ready: Equity guard, daily loss cap, and order limit features.
  • Lightweight code: Runs smoothly on VPS for 24/5 operation.

Backtest & Results

  • XAUUSD M5: ~65% win rate, Profit Factor ~1.5, max drawdown ~9% at 0.5% risk.
  • Scalping sessions: Strongest during London/NY overlaps.
  • Execution dependency: Requires tight spreads (<30 pts) + low latency VPS.

Installation & Setup

  1. Download EA + source code:
    XAUUSD M5 Super Scalper EA Source Code MQ4
  2. Open MT4 → File → Open Data Folder → MQL4 → Experts.
  3. Paste .mq4 file and restart MT4.
  4. Compile in MetaEditor to generate .ex4 file.
  5. Attach EA to XAUUSD M5 chart.
  6. Enable AutoTrading.
  7. Load included preset or customize the code to your style.
  8. Run it on a VPS + ECN broker for best performance.

Why YoForex?

YoForex creates free, customizable trading tools for real traders. By releasing bots with source code, like this Super Scalper EA, we let users learn MQL4 coding, tweak strategies, and build their own profitable systems. This is part of our mission to empower traders worldwide with transparency and education.

Support & Disclaimer

Disclaimer: This EA is a tool, not a guarantee of profit. Scalping gold is high-risk—use demo before live trading. Past results don’t ensure future returns.

Call to Action

Want a free gold scalper with full source code? Download XAUUSD M5 Super Scalper EA Source Code MQ4 now, test it on demo, and start learning how to tweak EAs for your own strategies.

Download free on MQL5.software

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Happy Trading