FRZ Gold Scalper MT4 is a scalping expert adviser/robot optimized for gold trading (XAUUSD) on MT4. The EA will place a buy or sell orders automatically according to the price action it recognizes. The EA has its own algorithm to filter out low probability trades and it also features an inbuilt news filter that will prevent new trades near the high impact news. The lot size can be set as a percentage of the balance so that the lot size would be proportionately increased with your account growth. Once the EA is setup on a VPS, it will work 24/4 automatically with no human intervention.
Installation Steps
1. Enable Auto trading on your MT4
2. Go to MT4 => Options=>Expert Advisers and allow automated trading, DLL imports, and Web Requests and add following URLs to allowed URLs (for news filter). http://ec.forexprostools.com, http://worldclockapi.com
3. Place EA file in the Experts folder of your MT4
4. Refresh/restart MT4
5. Load the EA on the XAUUSD chart
6. Change the settings if you want
Verified Live Performance on fxblue on a Real Account
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Monthly Return
Installation Video
EA Specs
| Product name | FRZ Gold Scalper |
| Platform supported | MT4 |
| Time frames supported | 5 Minute Charts |
| Trading pair | XAUUSD |
| Suitable market sessions | Works on any session |
| Recommended broker | Any broker with low spreads |
| Recommended min. deposit/lot size | $500 Minimum (considering at least 1:500; if the leverage lower, deposit has to increase proportionately). |
| License | The license quantity represent the no. of trading accounts that you can use the software simultaneously. You can download the software instantly after the payment but you need to inform us your account number/s for licensing for activation. The account licenses can be transferred to a different account on a nominal transfer fee. Existing customers are entitled for free updates subject to our terms. The full details on the licensing policy is given here. The full terms and conditions including the refund policy are given on this page. FRZ Gold Scalper MT4 |
| Support | Personalized support (remote desktop/providing set files) on first installation/automation (please request within 14 days of purchase). General live chat, support ticket and email support are available thereafter. However if you need personalized support (remote desktop/providing set files) for any installation/automation beyond this scope, you can always hire one of our experts at an additional fee. More details on support is given here. FRZ Gold Scalper MT4 |
| Current version | 3.0 |
A user manual on settings is available on the knowledgebase.
Please note that the past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here
Jeremy D –
Works well so far and it is profitable. Please add silver as well.
Husain M –
By far the best Gold trader I have used!