ScalpPrime

Advanced Dual-Strategy Expert Advisor for Structured and Rule-Based Gold Scalping 

ScalpPrime EA is a precision-engineered Expert Advisor tailored for trading XAUUSD (Gold) using short-term. It is built on a professional-grade, rule-based framework that combines two complementary approaches: a Fibonacci retracement strategy for identifying high-probability price zones and a volume-based confirmation system for filtering market noise and validating trade entries. 

Designed with operational discipline and structural integrity in mind, this EA does not use martingale, grid, or arbitrage techniques, making it better aligned with sustainable and controlled risk methodologies. It incorporates a 3-step recovery mode, which introduces measured trade progression and recovery logic without compounding risk exponentially. 

Core Trading Logic 

Fibonacci Retracement System 

The EA dynamically identifies swing highs and lows to calculate Fibonacci retracement levels. These levels are used to locate key technical price zones that often act as support and resistance, allowing the EA to formulate entries within controlled volatility bands. 

Volume & Indicator-Based Confirmation 

The second layer of the system leverages: 

• Volume analysis to assess actual market participation 

• A combination of internal momentum and trend indicators 

• Additional signal logic to confirm alignment across multiple technical conditions 

Only when both strategy conditions are met will the EA trigger a position, helping reduce exposure to low-quality setups. 

Buy & Sell Execution 

Unlike directional-only systems, this EA is designed to assess both long and short opportunities, executing Bidirectional Trades when justified by internal logic, improving coverage across different market phases. 

 

Execution & Risk Parameters 

• Take Profit: 360 points (adjustable) 

• Stop Loss: 500 points (adjustable) 

• 3-Step Recovery Mode: Increases lot size by 0.01 for up to 3 trades after a loss, then resets to the original lot. A linear, low-risk recovery system without Martingale. 

• No Martingale, Grid, or Arbitrage: The EA follows a risk-aware methodology, steering clear of unsustainable compounding systems. 

 

Customization & Control 

Fully Customizable Inputs Adjust all critical parameters including: 

• Lot sizing methods (fixed or dynamic) 

• Max simultaneous trades 

• SL/TP levels 

• Time filters 

• News filters 

• Recovery logic toggles 

Built-in News Filter Suspends trading during volatile market conditions triggered by economic news. Adjustable by: 

• Impact level (Low/Medium/High) 

• Pre/post news delay settings 

• Currency relevance 

 

Prop Firm Compatibility 

With its strict risk parameters, absence of high-risk systems (like martingale/grid), and disciplined entry logic, this EA is suitable for prop firm trading environments where consistent execution and capital preservation are prioritized. The EA is designed to maintain control over drawdowns and exposure in line with institutional trading requirements. 

 

Disclaimers and Usage Notes 

• This EA is designed for use exclusively on the XAUUSD symbol and may not be compatible with other instruments. 

• This product avoids over-optimization by focusing on logic-driven decision-making, but results may vary depending on market conditions and broker specifics.