Mon Scalper EA MT4 (464% Profit on IC Markets)

Quick Summary: Mon Scalper EA by Xuan Bach Nguyen is a specialized gold trading Expert Advisor for MT4 using a unique dual-trendline breakout strategy. With 464% verified live growth over 42 weeks, 88.4% win rate on IC Markets, and extraordinary backtest results showing $10,000 growing to over $13 million, Mon Scalper identifies high-probability breakout opportunities when both long-term and short-term trendlines align. No grid, no martingale – just intelligent trendline-based scalping with every trade protected by stop loss.

About the Developer

Mon Scalper is created by Xuan Bach Nguyen, a verified seller on MQL5 with deep expertise in gold trading algorithms. Xuan Bach specializes in developing transparent, honest trading systems that avoid dangerous strategies like grid or martingale. His commitment to realistic performance and genuine trading edge is evident in Mon Scalper’s design – every aspect is optimized for XAUUSD, with no history reading, trade filtering, or curve-fitting that creates misleading backtests.

With active support and consistent engagement with users, Xuan Bach demonstrates dedication to helping traders succeed with his systems. The impressive live performance and positive reviews confirm his expertise in gold market automation.

Overview

Mon Scalper represents a fresh approach to automated gold trading through its innovative dual-trendline breakout strategy. Unlike typical scalpers that rely on simple indicators or high-frequency trading, Mon Scalper analyzes market structure through two distinct trendlines – one capturing long-term trend direction, the other identifying short-term momentum shifts.

Trades execute only when both trendlines align and price breaks out with confirmation, ensuring high-probability entries that follow genuine market momentum. This disciplined approach results in an exceptional 88.4% win rate while avoiding the false signals that plague most scalping systems.

The EA has achieved remarkable verified results: 418% growth over 42 weeks on IC Markets with transparent third-party tracking. Backtesting demonstrates even more impressive potential, with $10,000 growing to over $13 million using 5% risk settings across 2020-2024. These results come from genuine trading edge, not dangerous position sizing or unrealistic optimization.

What is Mon Scalper EA?

Mon Scalper is a specialized gold trading Expert Advisor for MT4 that uses a dual-trendline breakout strategy to identify high-probability scalping opportunities on XAUUSD, achieving 464% verified live growth with 88.4% win rate through disciplined trend-following and breakout confirmation.

Traditional gold scalpers often use lagging indicators or trade too frequently, resulting in whipsaws during consolidation and excessive drawdown. Mon Scalper solves these problems through its unique dual-trendline analysis that waits patiently for perfect alignment before executing.

The Dual-Trendline Advantage

What makes Mon Scalper’s approach revolutionary:

→ Two-Timeframe Perspective: The long-term trendline identifies the primary trend direction across extended periods. The short-term trendline captures immediate momentum shifts. When both align, probability of success increases dramatically.

→ Breakout Confirmation: Mon Scalper doesn’t just follow trendlines – it waits for confirmed breakouts that demonstrate genuine market commitment to the direction, filtering out false signals.

→ Market Structure Reading: By analyzing how price interacts with both trendlines, the EA reads underlying market structure rather than just reacting to indicator signals that lag behind true market behavior.

→ Momentum Alignment: Trades execute when short-term and long-term momentum align in the same direction, capturing the most powerful moves while avoiding counter-trend traps.

Transparent, Honest Development

Xuan Bach Nguyen built Mon Scalper with complete transparency:

→ No History Reading: The EA doesn’t peek at future price data during backtesting, ensuring realistic historical results.

→ No Trade Filtering: All trades in backtests represent actual signals the EA would generate in live trading, with no cherry-picking.

→ No Over-Fitting: Parameters are optimized for robust performance, not curve-fitted to historical data that creates unrealistic expectations.

This honest approach explains why live results closely match backtest expectations – the system was designed for real-world trading, not impressive marketing charts.

Key Features of Mon Scalper EA

Dual-Trendline Breakout Strategy

→ Long-Term Trendline: Identifies the primary trend direction across extended periods, providing the foundational bias for trade direction.

→ Short-Term Trendline: Captures immediate momentum shifts and entry timing, ensuring trades execute at optimal breakout points.

→ Alignment Requirement: Trades only occur when both trendlines align in the same direction, dramatically increasing win probability.

→ Breakout Confirmation: Price must demonstrate genuine breakout momentum beyond the trendlines before entries execute, filtering false signals.

Gold Market Specialization

→ XAUUSD Exclusive: Every parameter is specifically optimized for gold’s unique volatility patterns, liquidity cycles, and price behavior.

→ M15 Timeframe: The 15-minute chart provides the optimal balance between signal frequency and reliability for gold scalping.

→ Volatility Adapted: Stop loss and take profit distances adjust intelligently based on current gold volatility, ensuring appropriate risk per market conditions.

→ Session Awareness: Mon Scalper understands when gold shows strongest trending behavior and avoids low-probability trading windows.

Professional Risk Management

→ Stop Loss on Every Trade: No position is ever left unprotected. Every entry includes a predefined stop loss calculated based on market structure.

→ No Martingale: Mon Scalper never doubles position size after losses. Each trade is independent with its own risk calculation.

→ No Grid Trading: The EA doesn’t average into losing positions or layer multiple entries. One trade per setup maintains clean exposure.

→ Fixed or Percentage Risk: Choose between fixed lot sizes or percentage-based position sizing that scales with account balance.

Flexible Configuration

→ Risk Management Options: Select fixed trading volume or use percentage-based risk that automatically calculates lot sizes based on account balance.

→ Trailing Stop Methods: Choose between auto trailing, manual settings, or disabled trailing based on your trading preferences.

→ Friday Close Feature: Option to close all trades before weekend to avoid gap risk from weekend news events.

→ Magic Number Customization: Assign unique identifiers to Mon Scalper trades for easy tracking when running multiple EAs.

User-Friendly Operation

→ Default Settings Optimized: Out-of-the-box configuration works excellently with most brokers – no complex optimization needed.

→ Easy Installation: Simply attach to XAUUSD M15 chart and enable AutoTrading. The EA handles everything else.

→ Broker Compatible: Works with any MT4 broker offering XAUUSD, though ECN/RAW spread brokers deliver optimal results.

→ VPS Recommended: For 24/7 operation and catching all breakout opportunities, VPS hosting ensures the EA never misses signals.

The Dual-Trendline Strategy Explained

Understanding Trendlines

Trendlines are one of the oldest and most reliable technical analysis tools. They connect significant price points to visualize trend direction and strength. Professional traders use trendlines to identify support and resistance levels where price is likely to react.

Mon Scalper automates this professional analysis by calculating two distinct trendlines:

The Long-Term Trendline

This trendline analyzes price behavior across an extended period (configurable via “Period for the long trendline” parameter, default 6 bars). It identifies the primary trend direction – whether gold is in an uptrend, downtrend, or consolidation.

The long-term trendline provides the strategic bias: if it slopes upward, the EA looks for buying opportunities. If it slopes downward, selling opportunities are prioritized. This ensures trades align with the dominant market force.

The Short-Term Trendline

This trendline focuses on recent price action (configurable via “Period for the short trendline” parameter, default 3 bars). It captures immediate momentum shifts and provides precise entry timing.

The short-term trendline identifies tactical breakout points. When price breaks above or below this trendline with momentum, it signals that immediate market pressure has shifted decisively.

The Alignment Signal

Magic happens when both trendlines align:

→ Bullish Alignment: When both the long-term and short-term trendlines slope upward and price breaks above them with momentum, Mon Scalper executes a buy order. This confirms that both strategic trend (long-term) and tactical momentum (short-term) favor upside.

→ Bearish Alignment: When both trendlines slope downward and price breaks below them with momentum, a sell order executes. Both strategic and tactical factors confirm downside direction.

→ No Trade Zone: When trendlines conflict (one up, one down), Mon Scalper remains flat. This avoids choppy, directionless markets where scalping strategies typically struggle.

Breakout Confirmation

Mon Scalper doesn’t just follow trendlines blindly. It requires confirmed breakouts where price demonstrates commitment beyond the trendline. This filters out false breaks that reverse quickly, ensuring entries occur when genuine momentum exists.

The combination of dual-trendline alignment plus breakout confirmation creates exceptionally high-probability setups. This explains the 88.4% win rate – the EA only trades when multiple factors confirm the move.

Why This Strategy Works

Trendlines reveal market psychology. When price respects a trendline, it shows traders view that level as significant. When price breaks through with momentum, it demonstrates that market sentiment has shifted decisively.

By requiring both long-term and short-term trendlines to align, Mon Scalper ensures it’s trading with the full weight of market momentum rather than catching minor fluctuations that quickly reverse.

Technical Specifications

• Platform: MetaTrader 4
• Strategy Type: Dual-trendline breakout scalping
• Supported Symbol: XAUUSD (Gold) only
• Recommended Timeframe: M15 (mandatory)
• Minimum Deposit: $450 per 0.01 lot (Recommended: $600)
• Leverage: Any (higher recommended for smaller accounts)
• Account Type: Any (ECN/RAW spread preferred)
• VPS: Recommended for 24/7 operation
• Broker Compatibility: All MT4 brokers
• Martingale: No
• Grid Trading: No
• Stop Loss: Yes (every trade)

⚙️ Quick Setup

1. Open MT4 and attach Mon Scalper to XAUUSD M15 chart
2. Configure risk settings (fixed volume or percentage-based)
3. Set trailing stop method if desired
4. Enable AutoTrading in MT4
5. Ensure VPS is running for 24/7 operation
6. Monitor performance and adjust risk as needed

📦 What You Get

• Mon Scalper EA for MT4 (.ex4 file)
• Broker Recommendations – Best brokers for Mon Scalper
• VPS Setup Tutorial – Ensuring 24/7 operation
• Free Updates including future optimizations

More Information

• Original MQL5 Product: https://www.mql5.com/en/market/product/153935
• Live Performance Signal: https://www.mql5.com/en/signals/2281529

📈 Performance Results

Exceptional Live Trading Signal

Mon Scalper is currently trading on a live account with verified third-party tracking through MQL5 signals on IC Markets, one of the most respected brokers in the industry. All trades and statistics are publicly viewable for complete transparency.

Current Live Stats (42 Weeks):

• Growth Since 2025: 464%
• Profit Trades: 88.4%
• Loss Trades: 11.6%
• Maximum Drawdown: 28.7%
• Max Deposit Load: 17.9%
• Trading Activity: 6.5%
• Algo Trading: 100%
• Broker: IC Markets (trusted ECN broker)
• Leverage: 1:500

Extraordinary Backtest Results

Mon Scalper underwent extensive historical testing across 4+ years using high-quality data with realistic spread and slippage modeling.

Backtest Summary #1 (5% Risk, 2020-2024):

• Initial Deposit: $10,000
• Total Net Profit: $13,410,373.76 (134,103% gain)
• Profit Factor: 1.52
• Balance Drawdown Maximum: 18.44%
• Equity Drawdown Maximum: 19.40%
• Total Trades: 2,583
• Profit Trades: 86.68% (2,239 wins)
• Sharpe Ratio: 5.17
• Recovery Factor: 15.22

Backtest Summary #2 (Fixed 1 Lot, 2020-2024):

• Initial Deposit: $10,000
• Total Net Profit: $293,900.66 (2,939% gain)
• Profit Factor: 1.56
• Balance Drawdown Maximum: 10.97%
• Equity Drawdown Maximum: 11.70%
• Total Trades: 2,583
• Profit Trades: 86.68% (2,239 wins)
• Sharpe Ratio: 4.79
• Recovery Factor: 24.88

Why These Results Matter

418% Live Growth — Over 42 weeks on IC Markets with third-party verification. This isn’t theoretical performance – it’s real money, real broker, real results.

88.4% Win Rate Live — Exceptional accuracy in live trading demonstrates that the dual-trendline strategy genuinely identifies high-probability setups.

86.68% Win Rate Backtest — Historical testing closely matches live performance, confirming the system wasn’t over-optimized to past data.

1.52-1.56 Profit Factor — For every dollar risked, Mon Scalper generated $1.52-$1.56 in profit. While modest compared to some EAs, this is achieved with extremely high win rate and consistent performance.

5.17 Sharpe Ratio — Measures risk-adjusted returns. Anything above 3.0 is outstanding. Mon Scalper’s 5.17 shows exceptional returns relative to volatility.

Consistent Across Settings — Both 5% risk and fixed lot backtests show similar win rates and profit factors, demonstrating strategy robustness.

What Traders Say

✅ Chris G (2025.05.20): “Awesome EA with great results and a ingenious method! The win-rate is convincing. Friendly and quick support from the developer!”

✅ Michael R. (Verified Buyer): “I’ve been running Mon Scalper for three months now and I’m thoroughly impressed. The dual-trendline approach makes so much sense – it waits for the perfect alignment before trading. My account is up 92% with very manageable drawdown. The developer’s commitment to transparency is refreshing – no false promises, just solid performance. Highly recommended for gold traders.”

✅ Sarah T. (Verified Buyer): “What I love about Mon Scalper is the discipline. It doesn’t overtrade like most scalpers. The EA waits patiently for both trendlines to align, which means every trade has real edge behind it. I run it on IC Markets and the results match the signal almost exactly. The 88% win rate isn’t exaggerated – my stats are right there. Xuan Bach provides excellent support too.”

✅ David K. (Verified Buyer): “After being burned by martingale EAs, I was very cautious about Mon Scalper. But the transparent approach and live signal convinced me to try it. Six months later, my account has doubled. The stop losses give me peace of mind, and the Friday close feature protects me from weekend gaps. This is gold trading automation done right. Worth every penny at the CheaperForex discount.”

✅ James L. (Verified Buyer): “The dual-trendline strategy is brilliant. I’ve traded gold manually for years and always used trendlines, but doing it manually means I miss signals or enter emotionally. Mon Scalper executes perfectly every time both trendlines align. It’s like having my best trading strategy automated without any of my emotional mistakes. Results speak for themselves – 418% live growth proves this system works.”

Why Choose Mon Scalper EA?

Unique Dual-Trendline Strategy

No other gold EA uses this specific two-trendline alignment approach. By requiring both long-term and short-term trendlines to confirm direction before trading, Mon Scalper filters out the low-probability setups that cause most scalpers to struggle. This innovative strategy explains the exceptional 88.4% win rate.

Verified Live Performance

With 418% growth over 42 weeks on IC Markets with complete transparency, Mon Scalper demonstrates real-world effectiveness. The live signal runs continuously, giving you full visibility into actual performance – not just backtests that may not reflect real trading conditions.

Honest, Transparent Development

Xuan Bach Nguyen built Mon Scalper without history reading, trade filtering, or curve-fitting that creates misleading expectations. The close alignment between backtest and live results confirms this honesty. What you see in testing is what you get in live trading.

No Dangerous Strategies

Mon Scalper explicitly avoids martingale and grid trading. Every trade has a fixed stop loss. Position sizing is either fixed or percentage-based – never compounding after losses. This disciplined approach is why the system achieves consistent growth without catastrophic drawdowns.

Gold Market Specialization

Every parameter is specifically optimized for XAUUSD. Gold has unique volatility patterns and price behavior that differ from forex pairs. By specializing exclusively in gold, Mon Scalper is fine-tuned to recognize the exact setups that work consistently on this instrument.

Professional Support

Xuan Bach actively engages with users, providing quick and helpful support. Reviews consistently mention his responsiveness and willingness to help traders succeed. This level of developer involvement is rare in the EA marketplace.

Who is Mon Scalper For?

Ideal for traders who:

→ Want to automate gold trading with proven strategy

→ Prefer high win rate systems (88%+) over lottery-style trading

→ Value transparent, honest development without marketing hype

→ Seek verified live performance on trusted brokers

→ Have $450+ capital (recommended $600+) for 0.01 lot trading

→ Can maintain VPS for 24/7 operation

→ Want to avoid dangerous martingale or grid strategies

→ Appreciate innovative trendline-based approach

Final Verdict

Mon Scalper EA delivers exceptional gold trading automation through its innovative dual-trendline breakout strategy. The requirement for both long-term and short-term trendlines to align before trading creates high-probability setups that achieve 88.4% win rate in verified live trading.

With 418% live growth over 42 weeks on IC Markets with complete transparency, extraordinary backtest results showing $10,000 growing to over $13 million, and honest development that avoids unrealistic optimization, Mon Scalper stands as one of the most reliable gold trading EAs available.

Developed by Xuan Bach Nguyen with meticulous attention to avoiding dangerous strategies and misleading backtests, Mon Scalper represents gold scalping done right. The close alignment between backtest and live performance confirms the strategy’s genuine edge rather than curve-fitting.

For traders seeking automated gold trading with proven results, transparent development, and innovative strategy, Mon Scalper delivers on every front.

Dual trendlines. Breakout confirmation. 464% verified growth. This is intelligent gold scalping.