What Is the Oracle Gold Scalper EA MT4 ?

Oracle Gold Scalper EA MT4 is a next-generation automated trading system engineered specifically for gold (XAUUSD) traders on MetaTrader 4. Designed with long-term stability and low risk in mind, this Expert Advisor (EA) capitalizes on short-term price movements while protecting your trading capital against market shocks.

Unlike risky robots that rely on martingale or grid techniques, Oracle Gold Scalper EA uses non-martingale fixed lot sizing for controlled exposure and predictable growth. It integrates an advanced news filter that avoids trading during major economic releases — a critical safeguard for gold trading where volatility can spike unpredictably.

With session-aware logic, Oracle Gold Scalper identifies the most promising opportunities across Asian, London, and New York trading hours, executing trades reliably without manual intervention. Its drawdown control system automatically pauses trading when specified limits are reached, helping to preserve equity and minimize emotional decision-making.

This EA is suitable for both beginners and experienced traders who want hands-off automated XAUUSD scalping backed by strong risk management tools such as trailing stops, equity protection, and profit caps. Whether your goal is stable growth or professional-grade algorithmic performance, Oracle Gold Scalper EA MT4 delivers a balanced and consistent trading solution.

➡️ Vendor Website: Available on the official product page | MQL5
➡️ Telegram Support: Join for updates, announcements, and support

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Oracle Gold Scalper EA MT4 Review

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Recommended Settings & Trading Conditions

✔ Trading Platform: MetaTrader 4 (MT4)

✔ Timeframe: M1 (1-Minute Chart)

✔ Recommended Pair: XAUUSD (Gold)

✔ Minimum Deposit: $100

✔ Recommended Leverage: Any

✔ Account Type: Any

✔ Strategy Type: Non-Martingale, Fixed Lot

✔ Product Type: NoDLL / Unlimited / Unlocked

✔ Recommended Brokers: Exness, IC Markets

✔ Recommended VPS: Low-latency VPS (Blue / Golden class)

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Step-by-Step Installation Guide

📌 Step 1: Download the EA File

• Download the Oracle Gold Scalper EA MT4 (.ex4 / .mq4) file from your purchase source.

• Save the file on your computer (Desktop recommended for easy access).

📌 Step 2: Open MetaTrader 4 Data Folder

1. Launch MetaTrader 4 (MT4).

2. Click File → Open Data Folder.

3. A new folder window will open.

📌 Step 3: Copy the EA File

1. Open the folder:
   MQL4 → Experts

2. Paste the Oracle Gold Scalper EA MT4 file into the Experts folder.

📌 Step 4: Restart MetaTrader 4

• Close MT4 completely.

• Reopen MT4 to allow the platform to recognize the EA.

📌 Step 5: Enable Automated Trading

1. In MT4, click Tools → Options → Expert Advisors.

2. Enable the following options:

   • ✅ Allow Automated Trading

   • ✅ Allow DLL Imports (if required by broker, otherwise optional)

   • ✅ Allow WebRequest (if applicable)

3. Click OK.

📌 Step 6: Open the Correct Chart

1. Open XAUUSD (Gold) chart.

2. Set the Timeframe to M1 (1 Minute).

📌 Step 7: Attach the EA to the Chart

1. In Navigator → Expert Advisors, locate Oracle Gold Scalper EA MT4.

2. Drag and drop it onto the XAUUSD M1 chart.

3. In the settings window:

   • Enable Allow Live Trading

   • Keep default settings (recommended)

4. Click OK.

📌 Step 8: Confirm EA Is Running

• Make sure the AutoTrading button at the top is ON (Green).

• A smiley face 😊 should appear in the top-right corner of the chart.

• This confirms the EA is active and ready to trade.

⚠️ Important Trading Tips

• Always test the EA on a demo account first.

• Use the recommended minimum deposit ($100 or higher).

• Avoid running multiple EAs on the same XAUUSD chart.

• Do not change lot size or risk parameters unless you fully understand them.

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📩 Free Support & Setup Help – Contact us 👉 Telegram Support 

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Why Choose Oracle Gold Scalper EA MT4?

• Designed specifically for XAUUSD gold trading

• Non-martingale strategy for controlled risk

• Advanced gold news filter for volatility protection

• Built-in equity and drawdown safety systems

• Fully automated & emotion-free trading

• Optimized for long-term stability, not risky growth

• Suitable for beginners and professional traders

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FAQs

1. Is Oracle Gold Scalper EA MT4 safe to use? Yes. The EA uses non-martingale fixed lot sizing, equity protection, and drawdown control to maintain capital safety during all market conditions.

2. Which currency pair does Oracle Gold Scalper EA trade? Oracle Gold Scalper EA MT4 is designed exclusively for trading XAUUSD (Gold).

3. Does this EA use martingale or grid strategies? No. Oracle Gold Scalper EA uses a non-martingale strategy with controlled risk exposure.

4. What timeframe is best for Oracle Gold Scalper EA? The recommended timeframe is M1 (1-Minute chart) for optimal gold scalping performance.

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