SmartradeBot
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Gold (XAU/USD)M5Includes free indicator

XAUUSD Impulse Scalper

The automated version of the Impulse Signal: trades on its own, with built-in stop, target and risk management.

Overview

This is the fully automated version of our gold impulse signal: same criteria as the visual indicator (an above-normal impulse candle plus a trend confirmed by the M5 EMA 20/50) — except here the bot opens, manages and closes the trades for you. It sizes each position from a fixed risk-per-trade percentage, sets automatic stop-loss and take-profit, and time-exits a trade if it hasn't resolved within a set number of candles. It ships with daily, weekly and account-drawdown loss limits that halt the bot if they're hit, plus a spread filter, a fixed trading window, and an optional news/volatility filter to sit out erratic conditions. You can have it mirror the exact same signal shown on the manual indicator, or turn on the extra protection filters for a more conservative run.

What you get

  • Same signal criteria as the visual indicator (impulse + EMA 20/50 trend)
  • Automatic position sizing from a fixed risk % per trade
  • Automatic stop-loss and take-profit (1.5R by default)
  • Daily, weekly and account-drawdown loss limits with an automatic brake
  • Spread filter, fixed trading window, and an optional news/volatility filter
  • Includes the XAUUSD Manual Impulse Signal visual indicator for free

How it works

  1. 1Install it on MT5 with the recommended configuration we send you (.set file).
  2. 2The bot analyzes every M5 candle looking for the same impulse + trend as the indicator.
  3. 3Once the signal confirms, it opens the trade with stop-loss and target already calculated.
  4. 4You control whether it trades automatically or just alerts you — toggle "Algo Trading" whenever you want.

Specifications

Works on
Gold (XAU/USD)
Timeframe
M5
Strategy
Impulse scalping
Platform
MT5
User manual

After payment you receive the bot file, license and setup manual by email automatically.

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