PythonX M1 Scalper XAUUSD MT5 v5.0 + Sets

PythonX M1 Scalper XAUUSD is a high-frequency scalper, and it is capable of trading Gold in the 1-minute time frame. It is a price action scalper that uses engulfing candle patterns with fast and precise entries. It is optimized for live sessions, and it has good risk management and backtested over 9 major brokers over decades.

Who’s Behind the Creation?

This Expert Advisor is developed by Abhinav Puri, who brings over 9 years of experience forex ea robot on MQL5 to the table. He has worked on several notable products, including PythonX M1 Scalper XAUUSD, PythonX M1 Scalper GBPUSD, and the highly successful PythonX M1 Hybrid Breakout EURUSD, which stands out as his top-performing creation.

Key Takeaways

• Engulfing Candlestick Pattern Identification is the primary reversal signal, identifying high-probability turnaround locations.
• Commodity Channel Index (CCI) is an overbought/oversold filter, improving signal quality.
• Relative Strength Index (RSI) acts as confirmation by measuring trend momentum and indicating potential divergence.
• Exponential Moving Average (EMA) Filter confirms that trade entries are in line with the prevailing market direction.
• Volume Spike Detection suggests abnormal trading activity, serving as additional verification for potential breakdown or breakout conditions.

PYTHONX M1 SCALPER XAUUSD Features

• Supported Platform: MetaTrader 5 (MT5)
• Operating Timeframe: M1 (1-Minute Chart)
• Trading Instrument: XAUUSD (Gold)
• Minimum / Recommended Capital: $200
• Minimum / Recommended Leverage: 1:100
• Take Profit Target: 170 pips
• Stop Loss Limit: 145 pips
• Trading Availability: Optional 24/7 trading mode
• No Martingale
• No Grid Trading
• Recommend use VPS (Click see here).

How to install and run the PythonX M1 Hybrid Breakout EURUSD Trading Bot in Metatrader 5?

• Open the Metatrader 5 platform
• From the top menu, click on “File”
• Now click on “Open Data Folder”
• Open the “MQL5” folder
• Open the “Experts” folder
• Copy the PythonX XAUUSD M1 Scalper v5.0.ex5 file here
• Then close and restart the MT5 platform
• Attach the Expert Advisor to the chart

The package includes :

Expert :

✅ PythonX XAUUSD M1 Scalper v5.0​​​​​​​.ex5

Setfile :

✅ XAUUSD M1 Scalper.set

****Please note:

All Trading involves risk. Leveraged trading has large potential rewards, but also large potential risk. Be aware and accept this risk before trading. Never trade with money you cannot afford to lose. All forecasting is based on statistics derived from past performance of any trading methodology is no guarantee of future results.