Read this carefully before using the Gold Scalpers EA or any automated trading tool.
Trading forex, gold, and CFDs is not suitable for every investor. You can lose all of your invested capital and may exceed your initial deposits in leveraged accounts.
Gold Scalpers ("the EA") is a fully automated MetaTrader 5 Expert Advisor that opens, manages, and closes XAUUSD (Gold) trades automatically based on its strategy. It does NOT constitute:
You should not treat any of the EA's trades or outputs as such. Consult a licensed financial advisor before making investment decisions.
Past performance, whether simulated or actual, does NOT guarantee future results. Markets are unpredictable. Even strategies with strong historical profitability can lose money in different market conditions.
Win rates, R-multiples, or any historical statistics shown in marketing materials, in backtests, or in Telegram channels are not predictions of your future results. Your results will differ.
The Gold Scalpers EA executes trades automatically, without human confirmation. Automated systems can malfunction, behave unexpectedly, or lose money during internet or power outages, latency, slippage, price gaps, or broker/VPS failures. The EA may open, hold, or close positions at times you do not expect. You are responsible for monitoring the EA and your account at all times, and for demo-testing thoroughly before going live.
Every trade the EA places on your account is your responsibility. The author of Gold Scalpers is NOT:
The EA runs on your own MetaTrader 5 terminal and broker account under your control. We do not manage your money, run the EA on your behalf, or make any investment recommendations. You are responsible for configuring, monitoring, and supervising the EA.
Never trade with money you cannot afford to lose. Forex, gold, and CFD trading carry the risk of total capital loss. Leveraged accounts may produce losses that exceed your deposits.
Recommended practice:
We strongly recommend demo-testing the EA on a demo account for at least 30 days before risking real capital. Backtest results are not the same as real, live fills.
Our 14-day money-back guarantee gives you time to demo-test the EA before committing — if the EA doesn't perform for you within 14 days of purchase, request a full refund.
Real broker fills will not match the EA's theoretical entry, stop loss, and take profit prices. Account for:
These costs erode profits – the EA cannot fully account for them, and live execution may differ from backtested results.
Because the EA trades automatically, it depends on your terminal, VPS, and broker connection staying online. The author is NOT liable for losses arising from:
You are responsible for ensuring that:
If you trade for a proprietary trading firm (FTMO, MyForexFunds, etc.), check your firm's rules before running the EA. Many prop firms prohibit third-party Expert Advisors and automated trading. Violations can result in account termination without payout.
The EA is engineered for normal market conditions on XAUUSD (Gold). It may produce poor results during:
By using Gold Scalpers, you acknowledge that:
You can lose money trading. Most retail traders lose money over time, and an automated EA is no exception – it can lose money quickly and without warning. Use this EA as a tool, monitor it closely, and never treat it as a substitute for your own judgment, education, and risk management. Always demo-test first. If you cannot afford to lose what you trade, do not trade.