Lock30x Gold Scalper EA V1.0 MT5 – Trading Strategy, Minimum Deposit & Timeframe
The Lock30x Gold Scalper EA V1.0 MT5 is an automated trading system designed for scalping XAU/USD (Gold) on the MetaTrader 5 (MT5) platform. This EA uses a unique locking mechanism to manage trades efficiently while targeting small, frequent profits in fast-moving Gold markets.
Key Features & Trading Strategy
| Feature | Details |
|---|---|
| Strategy Type | Scalping with Locking Mechanism |
| Currency Pair | XAU/USD (Gold) |
| Timeframe | M1, M5 – Optimized for quick entries & exits |
| Minimum Deposit | $100 (Cent Account Recommended) – Allows safer risk management |
| Order Management | Uses partial closing & locking to secure profits and minimize risk |
| Risk Control | Adjustable lot size, stop-loss (SL), and take-profit (TP) settings |
How the EA Takes Trades
The Lock30x Gold Scalper EA V1.0 MT5 follows a structured approach:
- Entry Signal
- Monitors price action & volatility on M1 timeframe.
- Entries are triggered based on moving averages, price momentum, and breakout patterns.
- Locking Mechanism
- If a trade moves against the initial direction, the EA opens a counter-trade (hedging) to lock in floating losses.
- This helps prevent large drawdowns while waiting for a reversal.
- Partial Profit Taking
- Closes portions of the position at predefined profit levels (scalping approach).
- The remaining position runs with trailing stops to maximize gains.
- Exit Strategy
- Uses dynamic take-profit & stop-loss adjustments based on market conditions.
- Can close all trades at a net profit if the market stabilizes.
Recommended Settings
| Parameter | Recommended Value |
|---|---|
| Lot Size | 0.01 – 0.10 (for 100−500 accounts) |
| Max Spread | Below 20 pips (for best execution) |
| Broker Type | ECN/Raw Spread (low latency & tight spreads) |
| Trading Session | London & New York Sessions (highest volatility) |
Final Notes
- Works best on VPS (24/5 execution) to avoid delays.
- Avoid high-impact news events (like NFP, FOMC) to prevent slippage.
- Cent accounts allow better risk control with small balances.
This EA is ideal for traders looking for a fast, automated scalping strategy on Gold with a risk-limiting locking mechanism. 
Disclaimer: Trading involves risks, and past performance is not indicative of future results. Always conduct thorough research and seek professional advice before trading.
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Additional Resources:
Instant Download: https://yoforexea.com/product/lock30x-gold-scalper-ea-v1-0/
You can also download from other websites:
https://www.fxcracked.org/product/lock30x-gold-scalper-ea-v1-0/
https://www.forexfactory.cc/product/lock30x-gold-scalper-ea-v1-0/
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