Question 1

What is Golden Scorpion MT5?

Accepted Answer

Golden Scorpion MT5 is a fully automated Expert Advisor specifically designed for Gold (XAUUSD). It is based on Time and Price theory and runs three independent trading sets (A, B, and C) simultaneously for higher trade frequency while maintaining strict risk control.

Question 2

Does Golden Scorpion use Grid or Martingale?

Accepted Answer

No. The EA completely avoids Grid and Martingale strategies. It focuses on safe, disciplined trading with individual Stop Loss and Take Profit on every trade.

Question 3

How does risk management work?

Accepted Answer

It uses Auto Volume mode with a Risk Per Trade of 2%. The EA automatically calculates lot size based on your account balance, ensuring consistent and controlled risk on each position.

Question 4

How many trading sets does the EA run?

Accepted Answer

The EA runs three independent sets (Set A, Set B, and Set C) at the same time. Each set has its own Stop Loss, Take Profit, and Trailing Stop parameters, increasing trading opportunities without increasing overall risk.

Question 5

Is Golden Scorpion suitable for prop firms?

Accepted Answer

Yes. It is prop firm ready with a built-in Delay Trailing timer that helps meet common proprietary trading firm rules while protecting profits.

Question 6

Does every trade have Stop Loss and Take Profit?

Accepted Answer

Yes. Every position is protected with predefined Stop Loss and Take Profit levels, plus a Trailing Stop that activates after a certain profit threshold.

Question 7

Is Golden Scorpion MT5 fully automated?

Accepted Answer

Yes. Once installed and configured on MT5, the EA operates completely automatically with no manual intervention required.

Golden Scorpion MT5Premium

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