# Stochastic Scalper EA for XAUUSD (MQL5) A MetaTrader 5 Expert Advisor designed for scalping XAU/USD (Gold) using Stochastic Oscillator crossover signals with integrated risk management and a Kanban system to prevent over-trading. ## Features - **Strategy:** Stochastic Crossover (%K crossing %D) with overbought/oversold filters. - **Risk Management:** Fixed stop-loss, take-profit, and money management based on account percentage. - **Kanban System:** Limits the number of concurrent open trades to prevent over-leveraging. - **Filters:** Includes basic time and spread filters. ## Input Parameters - `MagicNumber` - Unique identifier for EA trades. - `MaxOpenTickets` - The core Kanban limit. (Default: 1) - `RiskPerTrade` - Risk percentage per trade. (Default: 1.0%) - `K_Period`, `D_Period`, `Slowing` - Stochastic settings. ## Installation 1. Download the `StochasticScalper.mq5` file. 2. Copy it to your MetaTrader 5 `MQL5/Experts` directory. 3. Restart MetaTrader 5 or refresh the Navigator panel. 4. Drag and drop the EA onto the XAUUSD M1 or M5 chart. 5. Configure input parameters (especially MagicNumber and RiskPerTrade) and enable Automated Trading. ## Disclaimer This EA is provided for educational purposes only. Use it at your own risk. Past performance is not indicative of future results. Always test thoroughly on a demo account before considering live use.