Frequently Asked Questions

Orion Gold Scalper is a professional Expert Advisor (EA) designed specifically for automated gold (XAU/USD) trading on MetaTrader 4. An MT5 package is planned (coming soon). Explore the full feature set for more detail.

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. Get started on the download page.

The available package today is for MetaTrader 4 (.ex4). MetaTrader 5 is listed as coming soon. Get the current ZIP from the download page.

Installation is straightforward:

1. Download the MT4 ZIP and place the .ex4 file in Experts (MT5 .ex5 when available)
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

For a full walkthrough, see the installation guide.

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 24/5 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. See our broker recommendations for more guidance.

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 with market conditions, broker execution, spread, and your settings. There is no fixed profit factor or guaranteed return.

What matters more for evaluation:

• Demo results on your broker and symbol suffix
• Drawdown behavior under your risk settings
• Stability of execution during active gold sessions

Always test on a demo account first. See the risk disclosure, backtesting guide, and performance overview.

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 24/5 market coverage, 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

Configure these options in the EA inputs — see the settings guide and features overview.

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 — start with our settings guide.

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 the contact form

Also review the installation guide if the EA is not loading.

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 — see the settings guide.

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.