# Gold Scalpers EA Advanced

Automated Expert Advisor for XAUUSD on M5 chart, using slope direction for entries and multiple stop and target mechanisms.

Canonical: https://prismaticalgos.com/compendium/algo/7292-gold-scalpers-ea-advanced
Record ID: 7292
Catalog rank: 574 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/market/product/196095
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

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: M5
- sessions: Tokyo 08:00-12:00 GMT, London 13:00-17:00 GMT, New York 19:00-23:00 GMT
- market_regime: any

## Indicators

- Slope Direction Line: {}; applied to: close

## Recorded long-entry rules

- Slope Direction Line turns green

## Recorded short-entry rules

- Slope Direction Line turns red

## Recorded exit rules

- Fixed take profit, Break-even, Trailing take profit

## Recorded filters

- Momentum gate
- Leg length
- Spread

## Risk controls

- Stop loss: Beyond the extreme of the candles at the colour turn, plus a buffer, capped at 600 pips
- Take profit: 1200 pips from the entry price
- Position sizing: Fixed lot size of 0.01 lots per signal