Introducing the Expert Ichimoku Scalper Gold EA MT4
Name: Ichimoku Scalper Gold Version: Latest Version Developer by: Ignacio Agustin Mene Franco The Right Platform: Meta Trader 4 (MT4) Our Telegram Team: Join now Our Youtube Channel: Click here
Delivery time 24h-48h after payment.
What is Ichimoku Scalper Gold EA MT4?
With over 20 years of experience trading gold, I rate Ichimoku Scalper Gold EA MT4 as a sophisticated and well-balanced Expert Advisor (EA) specifically designed for XAU/USD on the M5 timeframe.
This EA stands out by utilizing the full power of the Ichimoku Kinko Hyo system — one of the most respected technical analysis methods — combined with an adaptive grid and professional risk management, making it ideal for both retail traders and prop firm accounts.
The EA uses three core Ichimoku components to generate high-probability signals:
Tenkan/Kijun crossover for momentum
Price position relative to the Kumo Cloud for trend confirmation
Chikou Span for buying/selling strength validation
Only when all three confirmations align does the EA activate its controlled adaptive grid with pending orders. This disciplined approach filters out low-quality setups and focuses on trading in the direction of the dominant trend, perfectly suited to gold’s volatile yet trend-driven nature on the M5 timeframe.
Full Ichimoku System: Tenkan 9, Kijun 26, Senkou 52 with all three major confirmations
Adaptive Grid System: Pending BuyStop/SellStop orders with strict limits (max 2 per direction)
Advanced Risk Management:
Dynamic Stop Loss (default 20 pips, volatility-adjusted)
Smart Trailing Stop (activates at 5 pips profit, 2-pip step)
Flexible money management: Fixed lot or 0.5% risk per trade
Automatic margin verification
Smart Filters: Maximum spread control (30 pips) + configurable trading hours
Prop Firm Optimized: Conservative exposure, no martingale, clear drawdown control
Minimum Capital: $1,000 USD
Recommended Lot Size: 0.20 – 0.50 lots
Ichimoku Scalper Gold EA MT4 Input
Trading Strategy
The EA follows a clear, rule-based methodology:
Ichimoku Analysis: Checks for bullish or bearish alignment across Tenkan/Kijun crossover, price vs Kumo Cloud, and Chikou Span.
Signal Generation: Only enters when all three confirmations are in agreement.
Entry: Places up to 2 pending orders per direction using an adaptive grid to capture the move at optimal levels.
Risk Control: Every trade has a protective Stop Loss. Once profitable, the dynamic trailing stop activates to safeguard gains and let strong trends run.
This strategy excels at capturing both short-term scalps and short-term trends in gold while avoiding counter-trend trades.
Why Traders Should Choose Ichimoku Scalper Gold EA MT4?
After two decades trading XAU/USD, here’s why I strongly recommend this EA:
Powerful & Time-Tested Indicator: Ichimoku Kinko Hyo is renowned for its accuracy in trend identification, especially in volatile markets like gold.
Multi-Confirmation Filter: Requiring three Ichimoku signals significantly reduces false entries and improves win probability.
Controlled & Safe Grid: Limited to just 2 pending orders per direction, making it much safer than typical aggressive grid systems.
Excellent Risk Management: Dynamic SL, smart trailing stop, spread filter, and margin protection provide strong capital preservation.
Prop Firm Friendly: Conservative settings, no martingale, and clear exposure limits make it ideal for funded accounts.
Optimized for Gold: Specifically calibrated for XAU/USD’s volatility on the M5 timeframe.
Performance of Ichimoku Scalper Gold EA MT4
Ichimoku Scalper Gold EA has showcased remarkable long-term profitability and exceptional stability in this extensive backtest on XAU/USD (Gold).
The multi-confirmation Ichimoku system combined with a controlled adaptive grid delivered consistent and powerful growth on the M5 timeframe, proving its ability to protect capital while generating high returns.
Initial Deposit: $1,000
Total Net Profit: $372,726.54
Win Rate: 68.42%
Maximum Drawdown: 2.62%
Ichimoku Scalper Gold EA MT4 Backtest
Recommended Configuration for Ichimoku Scalper Gold EA MT4