Name: OBV 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 OBV Scalper Gold EA MT4?
With over 20 years of experience trading gold, I rate OBV Scalper Gold EA MT4 as a smart and professional Expert Advisor (EA) specifically built for XAU/USD on the M5 timeframe. This EA stands out by using the On-Balance Volume (OBV) indicator — one of the most powerful volume-based tools — to detect divergences between price and volume, then combines it with a controlled grid system for high-probability scalping entries.
The EA automatically identifies bullish and bearish divergences between price action and the On-Balance Volume indicator. These divergences often signal upcoming reversals or strong momentum shifts in gold. When a high-probability divergence is detected, the EA places strategic pending orders (Buy Stop / Sell Stop) using a limited intelligent grid. Every trade is protected by professional risk management, including Stop Loss and dynamic Trailing Stop.
Advanced OBV Divergence Detection: Automatically spots bullish and bearish divergences for high-accuracy signals
Intelligent Grid System: Controlled pending orders with order limits to avoid overexposure
Dynamic Trailing Stop: Automatically protects and maximizes profits as trades move in favor
Professional Risk Management:
Fixed lot or risk-percentage mode
Configurable Stop Loss on every trade
Maximum spread filter
Margin protection before opening positions
Time Filter: Allows trading only during optimal liquidity sessions
Minimum Capital: $1,000 USD
Recommended Lot Size: 0.20 – 0.50 lots
Fully Compatible with ECN, Standard, Raw Spread, and prop firm accounts
OBV Scalper Gold EA MT4 Input
Trading Strategy
The EA follows a clear and logical scalping process:
OBV Divergence Analysis: Scans for divergence between price and On-Balance Volume to detect hidden buying or selling pressure.
Signal Confirmation: Only high-probability divergence setups are selected.
Entry: Places pending Buy Stop or Sell Stop orders using a controlled grid system.
Risk Control: Every position has a protective Stop Loss. Once in profit, the dynamic trailing stop activates to lock in gains and let winners run.
This strategy is highly effective on the M5 timeframe, where gold frequently produces strong short-term moves following volume divergences.
Why Traders Should Choose OBV Scalper Gold EA MT4?
Unique Volume-Based Edge: Using OBV divergence gives the EA a real institutional-level advantage that most price-only EAs lack.
High-Probability Signals: Divergence detection significantly improves entry quality and reduces false signals in volatile gold markets.
Controlled & Safe Grid: The grid is limited and intelligently managed, avoiding the dangers of aggressive martingale systems.
Strong Risk Management: Dynamic trailing stop, spread filter, time filter, and margin protection ensure capital safety.
Prop Firm Friendly: Conservative default settings and risk controls make it suitable for funded accounts.
Optimized for Gold: Specifically tuned for XAU/USD’s unique behavior on the M5 timeframe.
Performance of OBV Scalper Gold EA MT4
OBV Scalper GOLD EA has showcased strong long-term profitability and solid performance in this extensive backtest on XAU/USD (Gold).
The On-Balance Volume divergence strategy combined with intelligent grid scalping delivered impressive results on the M5 timeframe, balancing high trade frequency with disciplined risk management.
Initial Deposit: $1,000
Total Net Profit: $104,278.95
Win Rate: 71.34%
Maximum Drawdown: 13.59%
OBV Scalper Gold EA MT4 Backtest
Recommended Configuration for OBV Scalper Gold EA MT4