Introduction:

Forex Ghost Scalper EA V2.50 MT5 – XAUUSD Gold Breakout EA

Full Item Description

Forex Ghost Scalper EA V2.50 for MetaTrader 5

Selective XAUUSD Breakout & Momentum Trading with 4 Independent Strategies

Forex Ghost Scalper EA V2.50 MT5 is a fully automated Expert Advisor developed specifically for XAUUSD / Gold trading on MetaTrader 5.

Unlike trading robots designed to continuously open positions, Ghost Scalper follows a selective breakout and momentum approach. The EA waits until its internal market conditions are satisfied before preparing and executing a trade.

The recommended setup is:

XAUUSD / GOLD • H1 TIMEFRAME • MT5.

4 Independent Ghost Strategies

One of the most interesting characteristics of Ghost Scalper is its multi-strategy architecture.

The EA combines four separate trading modules:

GHOST A

GHOST B

GHOST C

GHOST D

Each Ghost strategy has its own entry logic, trade management and individual risk settings.

The strategies can operate independently and can be individually enabled or disabled. Multiple Ghost strategies can also trade simultaneously when their respective market conditions occur.

This gives the EA considerably more flexibility than a robot relying on only one entry algorithm.

Selective Breakout & Momentum Strategy

Ghost Scalper is designed around identifying potential:

BREAKOUT + MOMENTUM opportunities in GOLD

Rather than constantly searching for maximum trade frequency, the system can remain inactive for extended periods while waiting for its required setup.

The developer specifically emphasizes:

“Wait for the setup. Do not force trades.”

That is actually a good feature to emphasize in your description because it explains why customers shouldn’t assume something is wrong if the EA doesn’t immediately start trading.

Pending Order Trading System

Ghost Scalper incorporates automatic pending-order management.

The EA can handle:

Market Analysis → Breakout Level → Pending Order → BUY/SELL Entry → SL/TP → Trailing → Exit

It also automatically updates pending orders as conditions change.

Before the weekend, outstanding pending orders can automatically be removed.

3 Money Management Modes

Ghost Scalper provides three different position-sizing methods:

1. FIXED LOT

Uses a predefined lot size.

2. RISK PERCENT

Automatically calculates position size according to the selected percentage risk.

3. RISK PER BALANCE

Automatically scales trading volume according to current account balance.

Importantly, each Ghost A/B/C/D strategy can have its own risk configuration.

That makes the risk-management system one of this EA’s strongest features.

Automatic Stop Loss & Take Profit

Ghost Scalper automatically handles:

✓ Stop Loss

✓ Take Profit

✓ Automatic Trailing

✓ Position Management

✓ Lot & Risk Calculation

✓ Pending Order Updates

So the system handles both entry and subsequent position management automatically.

Advanced Trailing & Protection System

This is another feature I’d emphasize strongly.

In addition to the broker-side Stop Loss, Ghost Scalper uses an internal protection logic that continues monitoring the position.

According to the developer, it considers:

• Stop Levels
• Freeze Levels
• Slippage
• Rejected Stop Loss modifications
• Fast market movements
• Execution problems

If the broker temporarily rejects a Stop Loss adjustment, the internal protection logic remains active and continues monitoring the trade.

Integrated USD News Filter

Ghost Scalper contains an integrated News Filter focused on important USD economic events.

New entries can automatically be blocked around events such as:

NFP • CPI • PCE • FOMC • Important U.S. Labor Data

The News Filter can also be disabled if the trader prefers.

The developer additionally provides the ability to reduce risk during particularly volatile news weeks.

For an XAUUSD robot, this is definitely a useful feature to highlight.

Broker Quality & Execution Dashboard

This is probably the most unusual feature of Ghost Scalper.

The EA includes a dashboard that monitors actual broker execution quality rather than looking only at VPS ping.

It can display:

Broker Quality Rating

Average Execution Time

Slippage

Spread

Drawdown

Last Trade

Trades per Ghost Strategy

Current Risk

The developer specifically notes that the Broker Quality rating takes into account actual execution, slippage, spread and broker responses.

Technical diagnostics are additionally recorded in the MT5 Journal.

3 Dashboard Modes

The interface supports:

BIG

Full trading/risk/broker information.

SMALL

Reduced dashboard.

OFF

Minimal graphical load.

The OFF mode can be particularly useful when several MT5 terminals are operating simultaneously on a VPS.

No Grid / No Martingale

Available V2.50 distribution information describes Ghost Scalper as:

NO GRID

NO MARTINGALE

and lists XAUUSD, H1 and $150 minimum deposit for V2.50.

I would therefore use these in the V2.50 listing, although I’d avoid making any additional claims about its internal strategy beyond what’s documented.

Recommended Trading Setup

The original developer stresses that execution conditions can materially affect live results.

Broker Execution Matters

Because Ghost Scalper trades Gold breakouts and momentum, results can differ between brokers.

Important factors include:

Spread • Slippage • Execution Time • Liquidity • Account Type • Server Location • XAUUSD Contract Specifications

Interestingly, the developer specifically says that low ping alone does not guarantee good execution. That’s why the EA measures actual execution and slippage during trading.

Key Features

✓ Forex Ghost Scalper EA V2.50 MT5
✓ XAUUSD / Gold Trading
✓ H1 Timeframe
✓ Fully Automated
✓ 4 Independent Strategies – Ghost A/B/C/D
✓ Selective Breakout & Momentum Trading
✓ BUY & SELL Entries
✓ Pending Order System
✓ Automatic Pending-Order Updates
✓ Stop Loss & Take Profit
✓ Advanced Automatic Trailing
✓ Internal Protection Logic
✓ Fixed Lot Management
✓ Risk % Management
✓ Risk per Balance Management
✓ Individual Risk per Ghost Strategy
✓ Integrated USD News Filter
✓ NFP / CPI / PCE / FOMC Protection Options
✓ Broker Quality Monitoring
✓ Spread & Slippage Monitoring
✓ Execution-Time Monitoring
✓ BIG / SMALL / OFF Dashboard
✓ No Grid / No Martingale
✓ VPS Optimized

Risk Disclaimer

Ghost Scalper MT5 does not guarantee profitability. Gold can experience sudden volatility, particularly around major economic announcements.

Spread, slippage, liquidity, execution speed, broker specifications and selected risk settings can materially affect live results. Historical backtests and live signals do not guarantee future performance.