FRZ Gold Scalper is a scalping expert adviser/robot optimized for gold trading (XAUUSD). The EA will place 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 EA is also supported by an external data server, which analyses fundamental and sentimental data and feeds the same to the EA.
Once the EA is set up on a VPS, it will work 24/7 automatically with no human intervention.
Live Real Account Performance on fxblue (Broker: FBS):
(You may click on the below summary for detailed performance analysis on fxblue)
Monthly Return %
Installation Steps
1. Go to MetaTrader>Options>Expert Advisors and tick “Allow automated trading” and allow the following URLs under MetaTrader options:
https://faireconomy.media
https://timeapi.io
https://frzserver.com
2. Copy and EA to the MetaTrader Expert folder
3. Restart/refresh your MetaTrader
4. Load the EA to the Gold pair on M5
5. If your broker’s pair names have any prefix or suffix add them under settings.
6. Change the lot size and other settings as necessary
Installation Video (This video is for an older version – please follow the above instructions for installation)
EA Specs
| Product name | FRZ Gold Scalper |
| Platforms supported | MT4 or MT5 |
| 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 is lower, the deposit has to increase proportionately). |
| License | The license quantity represents 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 notify us of your account number/s for activation. The account licenses can be transferred to a new account free subject to licensing policy. Existing customers are entitled to free lifetime updates subject to our terms. 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 | 8.2 |
A user manual on settings is available on the knowledge base.
Please note that the past performance of any trading system is not necessarily indicative of future results. Full terms and conditions are given here
James Davis –
Best Gold EA I used. No hesitation to recommend it to anyone. Make sure you follow the instructions
Christopher Martinez –
Currently using it on my real account with ICMarket and I am impressed by it. Low drawdown so far and made 5% in 20 days or so
William Joe –
I like the EA – only downside is it uses DCA but no martingale which is good. So far it gave me good results
Joseph Lewis –
Good EA. thank you for support
Richard T –
Got it on VIP club and using it on ICmarket; it is quite good and I like it
Daniel G –
Easily the best Gold (XAUUSD) bot I used
Lee –
With FRZ Gold Scalper MT4, I noticed your FX Blue live account stopped updating in August 2023.
Do you have a current FX Blue or MyFxBook link running real live account for FRZ Gold Scalper MT4?
I am interested to continually analyse for purchase consideration
FRZ –
It is fixed now. pls check
Richard –
I would like to know if the EA can be used for live trading on a prop account
Chuba –
Can i install this software in my smartphone?
Melinton Vaas –
Quite reliable. It has been consistently giving me modest returns. Don’t be greedy and use high risk settings.
Aidar Beimanaliev –
can I use this robot with the another gold robot at the same time?
FRZ_Moderator –
yes with different magic numbers
Hema K –
Its slow but steady with with heavy filtering. It made 20% in 3 months with low risk which is not bad.