Welcome to the Gapscalper AI Set up Guide!
This information will stroll you thru the obtain, set up, and configuration of the Knowledgeable Advisor (EA) step-by-step. Moreover, we’ll clarify all key parameters and options, guaranteeing you will have a transparent understanding of how you can optimize the EA to your buying and selling technique.
Introduction
Gapscalper AI is a complicated AI-powered buying and selling system designed to capitalize on Honest Worth Gaps (FVGs). It integrates tons of of technical indicators with real-time FVG detection to evaluate whether or not the value is prone to bounce off an FVG or break by way of it.
The EA makes use of an AI mannequin skilled with reinforcement studying, enabling it to acknowledge high-probability commerce setups primarily based on market construction, liquidity imbalances, and historic patterns. It applies each commonplace and inverse FVG buying and selling methods, maximizing commerce effectivity whereas holding threat beneath management.
By combining AI-driven decision-making, technical evaluation, and market construction analysis, Gapscalper AI gives a strong, data-driven buying and selling strategy, splendid for merchants trying to exploit market inefficiencies by way of automation.
Earlier than You Start – Key Necessities
Earlier than putting in Gapscalper AI, be sure that your buying and selling setup meets the next necessities:
✅ Image: XAUUSD (Gold) ✅ Timeframe: Any ✅ Capital: Minimal $100 really useful ✅ Dealer: Any dealer (ideally with low unfold) – See our really useful dealer ✅ Account Sort: Any (Uncooked/ECN really useful) ✅ Leverage: Minimal 1:20 really useful ✅ VPS: Really helpful for twenty-four/7 uninterrupted buying and selling (MQL5 VPS additionally doable)
After you have ensured that your buying and selling surroundings meets these necessities, you possibly can proceed with the set up.
Set up
Putting in Gapscalper AI is fast and simple. Comply with these steps to make sure a clean setup:
Step 1: Downloading the Knowledgeable Advisor
Log in to your MQL5 account inside your MetaTrader platform. Open the Navigator window and go to the “Purchases” part. Find Gapscalper AI in your bought merchandise listing and click on Obtain to put in it.
Step 2: Making ready Your Buying and selling Chart
Log in to your brokerage account. Open a brand new XAUUSD (Gold) chart: File → New Chart → XAUUSD
Step 3: Enabling Algo Buying and selling
In MetaTrader, be certain Algo Buying and selling is enabled: Click on “Algo Buying and selling” within the high toolbar (it ought to flip inexperienced). Within the Navigator window, find Gapscalper AI beneath Knowledgeable Advisors. Drag and drop the EA onto your XAUUSD chart window.
Step 4: Configuring the Knowledgeable Advisor
As soon as the EA is connected to the chart, a settings window will seem with two tabs:
1. Widespread Tab:
✔ Test “Permit Algo Buying and selling” to allow automated buying and selling for this Knowledgeable Advisor.
2. Inputs Tab:
This part incorporates all configurable parameters to customise the buying and selling technique. Consult with the following part for an in depth clarification of every parameter.
Step 5: Verifying the Set up
✔ If the EA is put in accurately, an information panel will seem on the chart. ✔ Be sure that it shows “Stay Buying and selling”, indicating that the EA is energetic and prepared.
Extra Assets
If that is your first time putting in an Knowledgeable Advisor, you could consult with the official MQL5 information for buying and putting in an EA in MetaTrader:
🔗 Find out how to Buy and Set up an Knowledgeable Advisor
Enter Parameters
Cash Administration
Cash administration is a necessary a part of buying and selling and ought to be adjusted primarily based in your private threat preferences.
Lot Dimension Methodology
This parameter determines how the lot dimension is calculated for every commerce. You may select from three choices:
Mounted Lot Dimension: Makes use of a set lot dimension for every commerce, as outlined within the Lot Dimension parameter. Dynamic (Stability): Adjusts the lot dimension dynamically primarily based in your account steadiness. Dynamic (Fairness): Adjusts the lot dimension dynamically primarily based in your account fairness.
Lot Dimension
This parameter defines the bottom lot dimension for buying and selling. Its conduct is dependent upon the Lot Dimension Methodology:
Mounted Lot Dimension: Each commerce will use the precise lot dimension specified on this discipline. Dynamic Lot Dimension: The lot dimension is calculated primarily based in your steadiness or fairness.
Lot Dimension Calculation
If Dynamic (Stability/Fairness) is chosen, the lot dimension is calculated as the required Lot Dimension per $1,000 of steadiness or fairness. Instance: If Lot Dimension is about to 0.5 and your steadiness is $1,200, the EA will calculate: 0.5 tons per $1,000 → With a steadiness of $1,200, the lot dimension can be 0.5 × (1,200 ÷ 1,000) = 0.6 tons.
Brokerage Lot Dimension Limits
Brokers set minimal and most lot dimension limits. If the calculated lot dimension is exterior this vary, it will likely be mechanically adjusted.
Instance: In case your calculated lot dimension is 0.005, however your dealer’s minimal lot dimension is 0.01, your lot dimension can be elevated to 0.01.
You may verify the lot dimension of your subsequent commerce within the information panel beneath “Subsequent Tons” (backside proper of the panel).
Buying and selling Settings
Take Revenue Sort: Select between Mounted or Trailing. Take Revenue (pips): Units the take revenue degree in pips. Trailing Take Revenue (pips): Strikes the cease loss to this distance as soon as the take revenue is reached, trailing the value to maximise good points. Cease Loss (pips): Units the preliminary cease loss in pips. Trailing Entry (pips): The EA locations trailing pending orders at this distance, bettering entry if the value pulls again earlier than execution. No New Trades Earlier than Session Shut: Prevents opening new trades in the previous couple of minutes of the session. Commerce on Friday: Allows or disables buying and selling on Fridays. Max Unfold (factors): Units the utmost unfold at which the EA is allowed to open trades.
Essential: Dealer-Particular Pip/Level Settings
Some brokers use totally different decimal locations for XAUUSD (Gold). The EA assumes some extent worth of 0.01. In case your dealer makes use of 0.001, regulate your settings accordingly.
Find out how to Test? Confirm within the information panel in your chart. Instance Adjustment: In case your dealer makes use of 0.001, enhance the default Max Unfold from 60 to 600.
Honest Worth Hole (FVG) Settings
Gapscalper AI screens FVGs on the H1 timeframe no matter your chart’s timeframe.
FVG Expiry Time (minutes): Defines how lengthy an FVG stays legitimate earlier than being ignored. Minimal Hole for FVG (factors): Units the minimal FVG dimension required for buying and selling.
Restoration System
The restoration system helps get well dropping positions by strategically including trades when the market strikes towards the preliminary place.
Max Restoration Trades: Units the utmost variety of restoration trades. Set to 0 to disable. Restoration Trades Distance (pips): Defines the spacing between restoration trades. Instance: If set to 300 pips, restoration trades can be positioned at -300 pips, -600 pips, and so forth. Restoration Revenue Goal (pips): Ensures a revenue when recovering trades by setting take revenue above the break-even value. Restoration Lot Multiplier: Will increase lot dimension for every restoration commerce. Instance: If the primary commerce is 0.2 tons and the multiplier is 1.5, the primary restoration commerce is 0.3 tons, the second 0.45 tons, and so forth.
Prop Agency Settings
When buying and selling on a prop agency account, there are normally strict most complete drawdown and each day drawdown limits. These settings assist mechanically shut all trades earlier than exceeding these limits.
Drawdown Limiter: Allows or disables drawdown safety. Preliminary Account Dimension: Set the beginning steadiness of your prop agency account to calculate drawdown accurately. Most Account Drawdown (%): Defines the overall drawdown restrict at which all positions can be closed. Most Each day Drawdown (%): Units the each day drawdown restrict at which all positions can be closed.
💡 Tip: Set your drawdown restrict barely beneath the agency’s precise restrict. Instance: If the agency permits 10%, setting it to 9.5% reduces the chance of exceeding it as a result of execution delays.
As soon as the restrict is reached, all open positions can be mechanically closed.
Information Filter Settings
These settings assist keep away from opening new positions throughout necessary financial occasions. Restoration trades are usually not affected by the filter.
Information Filter: Allows or disables the news-based buying and selling filter. Occasion Influence Filter: Choose which occasions to filter primarily based on their influence degree (Excessive, Medium, or Low). Filter Trades n Minutes Earlier than Occasion: Units what number of minutes earlier than an occasion the EA ought to cease opening new trades. Filter Trades n Minutes After Occasion: Units what number of minutes after an occasion the EA ought to resume regular buying and selling.
Basic Settings
Magic Quantity: A novel identifier for the Knowledgeable Advisor. In case you are operating a number of EAs in the identical terminal, be sure that every EA has a special Magic Quantity to keep away from conflicts. Commerce Remark: A customizable textual content that’s connected to every commerce and displayed within the buying and selling historical past. Consumer Interface: Allows or disables the information panel. It’s mechanically turned off throughout non-visual backtesting to enhance computation velocity. Consumer Interface Font Dimension: Alter this if the information panel textual content seems too small or too giant in your chart.
💡 Tip: Retaining the information panel enabled throughout stay buying and selling offers priceless insights into the EA’s present state and subsequent commerce settings.
Information Panel Overview
The Information Panel offers key real-time knowledge in regards to the EA’s standing, buying and selling circumstances, and necessary occasions. Under is a breakdown of every part:
Most important Panel
Pip / Level Worth: Test this worth to make sure it matches your dealer’s settings. If wanted, regulate parameters accordingly (see description above). Displayed Settings: A few of your chosen settings, comparable to unfold limits and buying and selling filters, can be outlined right here.
💡 EA Standing Messages:
✅ “Stay Buying and selling” – The EA is accurately arrange and buying and selling. ❌ “ERROR: Automated buying and selling is disabled for this Terminal!” – Allow Algo Buying and selling for the Metatrader Terminal (high bar). ❌ “ERROR: Automated buying and selling is disabled for this Knowledgeable!” – Allow Algo Buying and selling within the Knowledgeable Advisor’s settings (Widespread tab). ❌ “ERROR: Buying and selling is disabled for this Image!” – Your dealer doesn’t enable buying and selling this instrument. Contact your dealer for clarification. ❌ “ERROR: Dealer disabled Buying and selling for this Account!” – Your dealer restricted buying and selling on this account. This could occur in case your steadiness is zero or if the account kind has limitations. ❌ “ERROR: Dealer disabled Automated Buying and selling!” – The dealer doesn’t allow automated buying and selling methods. Contact them for extra particulars.
Drawdown Limits Panel
Shows each day drawdown and complete account drawdown. Reveals an account well being indicator – when it reaches 0%, all open positions can be closed.
Upcoming Monetary Occasions Panel
Shows the following 5 main financial occasions, together with: Time of the occasion Countdown (hours/minutes from now) Influence degree (low, medium, excessive) Occasion title You may also view extra particulars within the “Calendar” part of your MetaTrader terminal.
Honest Worth Gaps (FVG) Panel
Shows energetic FVGs (complete, bullish, bearish). Reveals whether or not the final closed bar interacted with an FVG: Absolutely crossed an FVG Crossed inside or exterior an FVG Peaked inside or exterior an FVG Utterly inside an FVG The EA’s AI mannequin makes use of this data, together with tons of of different technical knowledge factors, to find out high-probability trades.
Commerce Overview Panel (Backside Panel)
Variety of open trades and image Whole open lot dimension Operating Revenue/Loss (P/L) Take Revenue value (is probably not seen on the trades themselves if utilizing a trailing take revenue) Subsequent entry value for restoration trades Lot dimension of the following commerce
🔹 Tip: The data panel offers important buying and selling insights—usually monitor it to remain up to date in your EA’s efficiency!
Closing Notes
Thanks for selecting Gapscalper AI and for putting your belief in us! We enormously recognize your help. When you’ve got any questions that aren’t lined on this guide or want additional help with organising the EA, please don’t hesitate to contact us straight at any time. We attempt to reply as shortly as doable:👉 Contact Us
Moreover, you may additionally wish to submit your query in the neighborhood chat group, the place different customers could have encountered comparable conditions or can supply priceless insights:👉 Be a part of the Neighborhood Chat
🎯 Good luck along with your buying and selling! 🚀