Orion Gold Scalper v4.6

Documentation page: Feature direction and setup notes for this version label. The public download is always the current MT4 ZIP package — confirm on demo before live use. See the changelog.

What's New in v4.6

v4.6 covers incremental documentation notes around filtering, risk controls, and broker setup.

Signal filtering updates

v4.6 documentation emphasizes tighter signal filtering so setups are checked against clearer conditions before entries — always verify on your own charts and demo.

How to judge this version label

• Run Strategy Tester on your XAU/USD data
• Validate fills on a demo account
• Read the risk disclosure
• Use the backtesting guide

Risk controls

Risk tools (stops, limits, sizing inputs) remain central. Configure them using the settings guide and keep position size conservative while you learn the EA’s behavior.

Multi-timeframe context

Multi-timeframe confirmation is part of the product positioning — use it as a process aid, not a guarantee of better entries. Confirm behavior on demo under your broker’s conditions.

Broker setup

Prefer ECN / raw-spread style accounts when possible and ensure Expert Advisors are allowed. See broker guidance and the evaluation framework.

Download Options

Installation Guide

Follow these simple steps to install Orion Gold Scalper v4.6 on your MetaTrader platform:

1. Download the MT4 ZIP from the buttons above (MT5 coming soon)
2. Open your MetaTrader platform (MT4 or MT5)
3. Navigate to File → Open Data Folder
4. Open the MQL4/Experts folder (for MT4) or MQL5/Experts folder (for MT5)
5. Copy the downloaded .ex4 or .ex5 file into this folder
6. Restart MetaTrader or right-click on the Expert Advisors folder in Navigator and select Refresh
7. Drag and drop the EA onto your XAU/USD (Gold) chart
8. Configure the settings in the EA's input parameters (see our settings guide and FAQ)
9. Enable AutoTrading in the toolbar
10. Verify the EA is active by checking for the smiley face icon in the top-right corner of your chart

For detailed configuration instructions, visit our installation guide, settings guide, or FAQ.

Upgrading from Previous Versions

If you're upgrading from an earlier version of Orion Gold Scalper, follow these steps:

1. Close all charts that have the previous version of the EA attached
2. Remove the old EA file from your Experts folder
3. Download and install v4.6 following the installation guide above
4. Re-attach the EA to your charts with your preferred settings
5. Review the new settings options - v4.6 includes additional parameters for enhanced control

Note: Your previous settings will not automatically transfer. You'll need to reconfigure the EA with v4.6's enhanced parameters. We recommend starting with default settings and adjusting based on your account size and risk tolerance. For assistance, visit our Contact page or join our support page.

System Requirements

• MetaTrader 4: Build 600 or higher (recommended: latest build)
• MetaTrader 5: Latest version recommended
• Operating System: Windows 7/8/10/11 or Mac OS X 10.10+
• RAM: Minimum 2GB (4GB+ recommended for optimal performance)
• Internet: Stable broadband connection required
• VPS: Recommended for 24/5 trading (see our VPS guide)
• Broker: Any broker supporting MT4/MT5 with Expert Advisors enabled

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