# M1 Gold Scalper EA

Automatically manages XAUUSD trades with OCO orders, break-even, trailing stop, and bidirectional recovery grid.

Canonical: https://prismaticalgos.com/compendium/algo/6056-m1-gold-scalper-ea
Record ID: 6056
Catalog rank: 861 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Scalping & Short-Horizon (D)
Source: https://www.mql5.com/en/market/product/163733
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

Claim warnings: RECOVERY SIZING: position size increases after losses (martingale/grid/averaging). Equity curves look smooth until the run that does not recover - judge it on worst-case exposure, not win rate.
Opacity warnings: UNDEFINED ENTRY TERM: the entry conditions are prose naming a concept with no numeric definition, so two readers would implement them differently. Advisory only -- this does not affect the score.

## Recorded profile

- symbols: XAUUSD
- timeframes: M1
- sessions: 2:00-22:00 GMT (configurable)
- market_regime: trending|ranging|volatile

## Indicators

- Bollinger Bands: {"deviation": 2.0, "period": 20}; applied to: close
- ADX: {"period": 14}; applied to: close

## Recorded long-entry rules

- BuyStop above the market at InpStopDistance

## Recorded short-entry rules

- SellStop below the market at InpStopDistance

## Recorded exit rules

- Break-even system
- Trailing stop
- Bidirectional recovery grid if InpUseRecovery is true

## Recorded filters

- InpAvoidNews news filter
- InpMaxSpread max spread filter

## Risk controls

- Stop loss: InpStopLoss points from the order entry price, removed when Recovery Mode activates
- Take profit: InpTakeProfit points from the order entry price, or trailing stop
- Position sizing: InpRiskPercent of balance or InpLotSize, with InpMaxStepRiskPct cap