Question 1

What type of strategy does Golden Scalper PRO EA MT4 use?

Accepted Answer

It is a Buy & Sell Rotating scalper with mild recovery (1.2x lot exponent) and strong news/time filters.

Question 2

Is it safe to use?

Accepted Answer

Medium Risk — The 1.2x lot exponent is relatively mild, but with 13 max trades it can still lead to drawdowns during strong trends.

Question 3

Does it use Martingale?

Accepted Answer

It uses a mild recovery system (1.2x lot exponent), not full aggressive Martingale.

Question 4

Why does it not trade on Fridays?

Accepted Answer

To avoid weekend gap risk. It only trades Monday–Thursday.

Question 5

Can I change the lot multiplier?

Accepted Answer

Yes. You can adjust Lot Exponent (currently x1.2). Lower values = safer.

Question 6

Is it suitable for beginners?

Accepted Answer

It can be used by intermediate traders. Beginners should start with small initial lots and monitor drawdown.

Question 7

What is the recommended starting capital?

Accepted Answer

At least $1,500–$2,000 when using 0.01 initial lot and 13 max trades.

Golden Scalper PRO EA MT4Premium