Gold Scalpers EA for FTMO
Gold Scalpers EA is an automated MetaTrader 5 Expert Advisor for XAUUSD (gold) with built-in, prop-firm-style risk controls — making it straightforward to configure for an FTMO Challenge. This page maps each FTMO rule to the exact EA setting that keeps you inside it.
Get the EA — $220 (lifetime)FTMO rules → Gold Scalpers EA settings
FTMO evaluates traders on capital preservation. Gold Scalpers EA enforces the same limits automatically, so a breach is far less likely than with manual trading.
| FTMO rule (verify current values) | What it means | Gold Scalpers EA control |
|---|---|---|
| Max daily loss (~5%) | Account can't lose more than ~5% of balance in one day | daily_loss — set to your firm's daily-loss cap in account $ (e.g. 4% of balance for a safety buffer). EA flattens and pauses for the day when hit. |
| Max overall loss (~10%) | Account can't fall below ~90% of starting balance | max_dd — set to ~8% (buffer under 10%). The drawdown guard closes all positions and pauses trading on breach. |
| Profit target (Phase 1 ~10%) | Reach the target without breaking the loss rules | daily_profit — optional; set a daily profit cap to bank gains and avoid giving them back. |
| News restrictions | Some account types restrict trading around high-impact news | use_news = true — pauses entries within the news window using the MT5 economic calendar. |
| Consistency / overtrading | Avoid one outlier day carrying the account | max_daily_orders and b_max_open — cap trades per day and positions at once. |
| Trading hours / sessions | Trade liquid sessions, avoid thin spreads | Session filter (Tokyo / London / New York) + b_max_spread_pips spread cap. |
daily_loss = 4,000 · max_dd = 8 · daily_profit = 0 (off, or set to bank gains) · use_news = true · b_max_open = 1 · use_risk_lots = true with risk_percent = 0.5–1.0Why an EA helps with a prop challenge
The most common way traders fail a challenge is a single emotional or oversized day. Gold Scalpers EA removes that: it sizes by fixed risk, caps daily loss and total drawdown automatically, and won't revenge-trade. It is a rules-based EMA 9/21 system — not martingale or grid — so it does not stack losing positions.
FAQ
Can I use Gold Scalpers EA on an FTMO account?
Yes. It runs on any broker's MetaTrader 5, including FTMO's platform. Set the risk inputs to sit inside FTMO's daily-loss and max-drawdown limits.
Does it guarantee I'll pass the challenge?
No. Trading is high-risk and no EA can guarantee results. The EA helps you trade with discipline and stay within the rules — outcomes still depend on market conditions. Test on a demo and backtest first.
Does it respect news rules?
Yes — enable use_news and it pauses entries around high-impact news from the MT5 economic calendar.
FTMO is a trademark of its respective owner; Gold Scalpers is not affiliated with or endorsed by FTMO. Prop-firm rules change — always confirm current rules on FTMO's official site. Trading foreign exchange and CFDs carries a high level of risk; past performance is not indicative of future results. This page is for information only and is not financial advice.