Cheetah Gold Scalper MT5 Review: Fade Entries, Stops and Walk-Forward Tests
- Developer source link: Cheetah Gold Scalper EA MT5
- Live signal link: no directly linked public live signal found in the current description.
A distinctive tick-driven gold reversal basket for MT5 hedging accounts. Short test history, second-entry exposure and post-fill stop placement are the key issues to assess.
This review is based on public developer material checked on 23 September 2026. We have not independently traded or backtested the executable.
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Why the second position matters
The documented trigger examines a rolling 60-second move and requires continuing acceleration. Fade takes the opposite direction. If the impulse extends, a second position may be added within the permitted time and price band, with both managed together.
Individual position counts are therefore not necessarily independent opportunity counts. Evaluate basket-level outcomes and the adverse movement between the first fill and final exit. Two small positions can still carry a meaningful combined loss.
Stops follow execution
The current description explicitly places stop modifications after fills. There can be a period when the order has executed but protection has not yet been accepted. Latency, broker restrictions and fast prices matter. A VPS supports continuity but cannot guarantee stop acceptance.
The gallery’s risk slide uses stronger wording about stops and averaging than the current text. We retain the original image but rely on the current description: Fade can add exposure to an adverse move. The slide is not proof that averaging exposure is impossible.
A limited developer sample
The main simulation covers May–July 2026 with $250 and fixed 0.01 lots. It reports 199 trades, a 2.56 profit factor and 9.24% maximum balance drawdown. The July walk-forward check reports 64 trades and a 3.91 profit factor. These belong to the developer’s tests, not our execution.
Three months do not cover every gold regime. Balance drawdown does not show the entire floating-loss history. Repeat with realistic commission, spread and execution delay, and preserve an untouched forward period after tuning.
Inputs to check deliberately
Review fixed versus percentage sizing, basket frequency, maximum positions and the emergency basket-loss setting. Zero-valued optional daily loss/profit limits may be disabled. Maximum-hold and stall exits also require an explicit choice.
The profit trail allows part of peak basket profit to be given back before closing. A profitable excursion is not realised profit. Compare alternative exits on the same entry set instead of tuning every parameter until the past looks attractive.
Live evidence and feedback
No customer reviews or directly linked public live signal were displayed when researched. The three gallery images are developer explanations and simulations. We have not independently tested the executable, and no public external manual was linked.
Use an XAUUSD hedging demo first. A useful log records both fills, stop acceptance, maximum floating loss and the reason for each exit. Verify server-time sessions as well as the lot size.
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