Ghost Scalper V5.2 fix

🌐 Ghost Scalper MT5 V5.2 Expert Advisor 👑

👉 More about the EA: https://www.mql5.com/en/market/product/189922

👉 Russian-language Market page: https://www.mql5.com/ru/market/product/189922

📊 Live monitoring: https://www.mql5.com/en/signals/2387100

📊 Live monitoring: https://www.mql5.com/en/signals/2387162

⭐️ The developer describes Ghost Scalper MT5 as a fully automated expert advisor (EA) for trading gold (XAUUSD) on MetaTrader 5. Its four independent strategies selectively trade breakouts and momentum moves: trades open only when internal conditions are met, so long periods without trading are normal.

💎 Key features:

✅ Platform: MetaTrader 5.

✅ Trading instrument: XAUUSD / gold.

✅ Timeframe: H1.

✅ Four independent strategies — Ghost A, B, C and D. Each can be enabled or disabled individually.

✅ BUY and SELL directions can be configured independently.

✅ Position sizing and money management are configured separately for each strategy. Options include a fixed lot size (Fixed Lot), percentage risk (Risk Percent) and risk relative to the balance (Risk per Balance).

✅ Multiple strategies can trade simultaneously, so the account's total risk must be taken into account.

⚙️ Stop Loss, Take Profit and Trailing Stop modes:

✅ STANDARD — the default mode, with internally optimized Stop Loss, Take Profit and Trailing Stop settings. Recommended for regular trading.

✅ CUSTOM — lets you set and optimize Stop Loss, Take Profit, the trailing activation threshold (Trailing Start), trailing distance (Distance) and trailing step (Step) separately for buys and sells.

✅ Default CUSTOM values: SL — 800, TP — 2500, Trailing Start — 250, Distance — 150, Step — 80. The original description does not specify the units.

✅ Internal entry calculations and optimized parameters remain protected.

🛡 Slippage adaptation:

The EA analyzes actual slippage when the broker executes orders and accounts for it when adjusting Trailing Stop, Stop Loss and Take Profit. The adaptation level can be selected independently for each strategy:

✅ SOFT — 25%.

✅ MEDIUM — 50%, the default.

✅ HARD — 100%.

This technology runs automatically in the background, taking the specific broker's execution conditions into account. Slippage cannot be eliminated entirely, and actual broker slippage cannot be reliably reproduced in the MT5 Strategy Tester.

🛡 Protection for prop trading:

The supplied developer description lists Prop Firm Protection as a feature added in version 5.1. It is designed to control risk while accounting for different trading conditions and prop firm requirements.

✅ Prop Firm Protection — OFF / ON; disabled by default (OFF).

✅ Max daily drawdown — 4%.

✅ Max overall drawdown — 6%.

✅ Maximum risk per new trade — 0,5%.

✅ Maximum combined risk across open positions and pending orders — 2%.

✅ Optional daily profit target.

✅ Adjustable protective buffer (Safety Buffer).

✅ Starting balance is determined automatically or entered manually.

✅ The daily reset follows the broker's server time.

✅ Action when a limit is reached: block trading only (BLOCK ONLY) or close the position (CLOSE POSITION).

The system monitors account equity (Equity) and trading risk, including positions opened by other EAs and manual trades. When protection limits are reached, new Ghost entries are blocked and its pending orders are deleted. If configured to do so, the EA also attempts to close open Ghost positions.

Protection settings can be adjusted individually. Full compliance with a specific prop firm's rules is not guaranteed.

🛡 Order management and trade protection:

✅ Automatic management of pending orders, Stop Loss, Take Profit and Trailing Stop.

✅ An internal virtual protection mechanism can act as a fallback if the broker rejects a Stop Loss modification.

✅ Execution discrepancies and broker rejections can still occur during high volatility.

💎 News filter and trading hours:

✅ An optional news filter accounts for major US economic events, including FOMC, CPI, NFP and PCE.

✅ By default, the restriction applies for 30 minutes before and 30 minutes after selected events.

✅ Additional filters and a news-week risk mode (News Week Risk Mode) are available.

✅ When trading on live and demo accounts, Ghost pending orders are blocked or deleted from Friday 22:00 to Monday 00:00, broker time.

⚙️ Setup and launch:

✅ Use XAUUSD on the H1 timeframe in MetaTrader 5.

✅ Select the active Ghost A–D strategies, permitted trade directions and money management settings for each strategy.

✅ The developer recommends STANDARD mode for regular trading. When using CUSTOM, configure protection and trailing settings separately for buys and sells.

✅ If needed, enable Prop Firm Protection and set limits to match your prop firm's requirements: this protection is disabled by default.

✅ To retrieve external news data, open MT5 → “Tools” → “Options” → “Expert Advisors” and add the source address to the “Allow WebRequest for listed URL” list. The URL itself is missing from the supplied text.

📝 Source note: the title specifies version V5.2, while the supplied developer description refers to version 5.1. The text cuts off while discussing positions that are already open, so it does not clarify how those positions are handled during the Friday-to-Monday restriction.