Galaxy Gold Scalper MT5 EA

Galaxy Gold Scalper MT5 EA called “the world’s smartest, highest quality, safest and most profitable gold trading robot”, developed with advanced AI systems and promising strong risk management. However, like many automated trading tools, a closer examination is worth consideration.

The robot is said to be built using advanced artificial intelligence, although there are no specifics on which AI technologies or algorithms are utilized. It is also marketed as not using the martingale method, a system known to increase risk by doubling trade sizes after losses. However, it does appear to use a grid-style approach, which although not martingale by definition, can still carry significant risks when market conditions go against the strategy.

Key Features of this Scalper MT5

Claims daily profits of 1%-2%
Estimated monthly profit of 15%
Trades only on XAUUSD (Gold)
Executes over 150 orders per day
Uses a fast scalping strategy
No martingale strategy (as stated)
Advertised maximum drawdown of 5%
Designed for both personal and prop firm account use

Risk Management and Drawdown

Galaxy Gold Scalper markets itself as having “strong and unbelievable” risk management. Yet, some observers have pointed out that despite claiming to have TP and SL, the robot may not actively place visible TP/SL levels on trades, which could raise questions about how it exits positions under pressure.

While the developer advertises a maximum drawdown of 5%, that figure isn’t independently verified. Past Myfxbook accounts linked to the EA have reportedly been deleted, which may suggest issues like margin calls or blown accounts. This makes it harder to track the EA’s long-term performance or verify historical claims.

Scalping and Execution

This EA is a high-frequency tool, opening over 150 trades per day in a rapid scalping style. Scalping in gold markets can be effective in certain conditions, but high trading volume also requires low spread and low latency execution – conditions that vary significantly across brokers and market hours. Excessive trading can also rack up commission and slippage charges depending on the broker setup.