Frequently Asked Questions

Orion Gold Scalper is a professional Expert Advisor (EA) designed specifically for automated gold (XAU/USD) trading on MetaTrader 4 and MetaTrader 5 platforms. It uses advanced algorithms to identify and execute high-probability trading opportunities in the gold market.

Yes, Orion Gold Scalper is completely free to download and use. We believe in making professional trading tools accessible to all traders, regardless of their account size or experience level.

Orion Gold Scalper is available for both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. You can download the version that matches your trading platform.

Installation is straightforward:

1. Download the EA file (.ex4 for MT4 or .ex5 for MT5)
2. Open MetaTrader and go to File → Open Data Folder
3. Navigate to MQL4/Experts (MT4) or MQL5/Experts (MT5)
4. Copy the downloaded file into this folder
5. Restart MetaTrader or refresh the Navigator
6. Drag and drop the EA onto your gold chart

The EA requires:

• MetaTrader 4 (Build 600+) or MetaTrader 5
• Windows 7 or higher / Mac OS X 10.10 or higher
• Minimum 2GB RAM
• Stable internet connection
• VPS recommended for 24/7 trading

Yes, Orion Gold Scalper is compatible with all major brokers and account types, including ECN, STP, and Market Maker accounts. However, ensure your broker allows Expert Advisors and that you have a stable connection.

While the EA can work with various account sizes, we recommend starting with at least $100-$200 for optimal performance. The EA uses intelligent position sizing, so it adapts to your account balance. Always start with a demo account to familiarize yourself with the EA's behavior.

Performance varies based on market conditions, broker, and settings. Our EA has shown:

• Profit Factor: 3.20
• Sharpe Ratio: 2.80
• Maximum Drawdown: 24%
• Risk/Reward Ratio: 2.29

Past performance does not guarantee future results. Always test on a demo account first.

Yes, you can use Orion Gold Scalper on multiple accounts. Each EA instance uses a unique Magic Number to identify its trades, so you can run multiple instances simultaneously without conflicts.

No, Orion Gold Scalper is fully automated and operates independently. However, we recommend periodic monitoring to ensure everything is working correctly and to stay informed about your account performance. For 24/7 operation, consider using a VPS.

The EA includes comprehensive risk management features:

• Configurable stop loss and take profit levels
• Trailing stop functionality
• Maximum daily loss limit
• Maximum drawdown protection
• Risk per trade percentage
• Maximum spread filtering

We regularly update Orion Gold Scalper to improve performance, fix bugs, and adapt to changing market conditions. Updates are typically released monthly or as needed. Join our support page (our support team) to stay informed about new releases.

No programming knowledge is required. The EA comes with a user-friendly interface and comprehensive documentation. Most settings are self-explanatory, and default settings work well for most traders. However, understanding basic trading concepts will help you optimize the settings for your needs.

If you encounter any issues:

1. Check the EA's input parameters and ensure they're configured correctly
2. Verify that AutoTrading is enabled in MetaTrader
3. Check the Experts tab for any error messages
4. Ensure your broker allows Expert Advisors
5. Contact our support team through our support page (our support team) or use the contact form

The EA is provided as a compiled file (.ex4 or .ex5), which cannot be modified. This protects the intellectual property and ensures the integrity of the trading algorithm. However, you have full control over all input parameters and settings through the EA's settings panel.

All versions of Orion Gold Scalper are free to download and use. We recommend testing the EA on a demo account first to familiarize yourself with its operation and to verify it works correctly with your broker before using it on a live account.

Orion Gold Scalper is optimized for scalping and works best on lower timeframes such as M1, M5, and M15. However, it analyzes multiple timeframes simultaneously to make trading decisions, ensuring optimal entry and exit points regardless of the chart timeframe you're viewing.