Galaxy Gold Scalper MT5 EA called “the world’s smartest, highest quality, safest and most profitable gold trading robot”, developed with advanced AI systems and promising strong risk management. However, like many automated trading tools, a closer examination is worth consideration.
The robot is said to be built using advanced artificial intelligence, although there are no specifics on which AI technologies or algorithms are utilized. It is also marketed as not using the martingale method, a system known to increase risk by doubling trade sizes after losses. However, it does appear to use a grid-style approach, which although not martingale by definition, can still carry significant risks when market conditions go against the strategy.
Key Features of this Scalper MT5
- Claims daily profits of 1%-2%
- Estimated monthly profit of 15%
- Trades only on XAUUSD (Gold)
- Executes over 150 orders per day
- Uses a fast scalping strategy
- No martingale strategy (as stated)
- Advertised maximum drawdown of 5%
- Designed for both personal and prop firm account use
Risk Management and Drawdown
Galaxy Gold Scalper markets itself as having “strong and unbelievable” risk management. Yet, some observers have pointed out that despite claiming to have TP and SL, the robot may not actively place visible TP/SL levels on trades, which could raise questions about how it exits positions under pressure.
While the developer advertises a maximum drawdown of 5%, that figure isn’t independently verified. Past Myfxbook accounts linked to the EA have reportedly been deleted, which may suggest issues like margin calls or blown accounts. This makes it harder to track the EA’s long-term performance or verify historical claims.
Scalping and Execution
This EA is a high-frequency tool, opening over 150 trades per day in a rapid scalping style. Scalping in gold markets can be effective in certain conditions, but high trading volume also requires low spread and low latency execution – conditions that vary significantly across brokers and market hours. Excessive trading can also rack up commission and slippage charges depending on the broker setup.
Please test in a demo account for at least a week first. Then, please familiarize yourself with and understand how Scalper MT5 Robot works, and only use it in a real account.
Recommendations for Galaxy Gold Scalper EA
- Minimum Account Balance of $3000 or a equivalent cent account.
- Designed to work on XAUUSD (GOLD)
- Work Best on M5. (Work on any Timeframe)
- Galaxy Gold Scalper EA should work on VPS continuously to reach stable results. So we recommend running this Scalper MT5 EA Download on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
- A Low Spread, Slippage, and quick execution account is recommended, especially during rollover time (Find the Perfect Broker For You Here)
Max Leverage
Small Accounts
Platforms
1:2000
Yes ✅ (Cent)
MT4, MT5
No Commission
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Conclusion of this MT5 FREE EA
Galaxy Gold Scalper MT5 EA markets itself with bold claims and high profitability figures. While it advertises the use of advanced AI and risk management, the actual practices – such as hidden TP/SL levels and grid-based strategy – may not fully align with those claims. The lack of verified, long-standing performance data and the deletion of prior performance accounts add some uncertainty to its real-world reliability.
As with any EA, traders considering it should backtest it thoroughly and start with a demo account to understand the behavior and risks involved
I know there is also the EA version for Mt4. Please make it available to us!