LumiaScalp

*Author: LuongBK | Contact: Telegram/Zalo: 0366189998*  

**Overview**  

GoldDowScalper is a powerful automated trading Expert Advisor (EA) designed for the XAUUSD (Gold) market, leveraging the Dow Theory combined with Volume and Exponential Moving Average (EMA) confirmations. This EA is optimized for scalping strategies, offering a robust and reliable approach to capitalize on short-term price movements. Version 2.1.1 introduces enhanced features and compatibility for MQL5 Market testing, making it suitable for both live trading and backtesting.

**Key Features**  

- **Strategy**: Utilizes Dow Theory (Higher Highs/Higher Lows and Lower Highs/Lower Lows) as the core trend detection method, validated by Volume analysis and EMA crossovers.  

- **Symbol Support**: Primarily optimized for XAUUSD, with added support for EURUSD,H1 to meet MQL5 testing requirements.  

- **Risk Management**: Includes dynamic Take Profit (TP) and Stop Loss (SL) based on ATR or fixed pips, Trailing Stop, and Breakeven features to protect profits and limit losses.  

- **Lot Size Flexibility**: Automatically adjusts lot sizes to comply with symbol-specific minimum and maximum volume constraints, resolving `[Invalid volume]` errors.  

- **Dashboard**: An optional on-screen dashboard (toggleable via settings) displays real-time trend, EMA, Volume, ATR, and order status for easy monitoring.  

- **Margin Check**: Integrated margin validation ensures trades are only executed with sufficient account equity, aligning with MQL5 Market standards.  

- **Customization**: Adjustable parameters for trading hours, EMA period, ATR thresholds, and more to suit various market conditions.

**Updates in v2.1.1**  

- Added basic EURUSD,H1 trading logic for MQL5 Market test compatibility.  

- Fixed `[Invalid volume]` errors by dynamically adjusting lot sizes based on symbol requirements.  

- Enhanced stability and performance through optimized signal generation and margin checking.

**Performance Highlights**  

Backtests on 1/1-1/7/2025 XAUUSD,m15 0.03 lot  demonstrate a Profit Factor of 121.28, a Recovery Factor of 7.16 usd, and an Absolute Drawdown of 6.91%, indicating a highly effective and low-risk strategy. Trading activity peaks during Asia/Europe hours (15:00-16:00), with strong performance in January and July.

**Recommendations**  

For optimal results, perform backtest optimization to fine-tune parameters based on your broker's settings and account conditions. Contact the author via Telegram/Zalo (0366189998) for support or customization requests.