The Simplified Trader
This Expert Advisor is based on a trading concept focused on Asia session liquidity, liquidity sweeps, displacement and Change in State of Delivery (CISD). The strategy has been converted into a systematic trading algorithm designed primarily for the 1-minute timeframe and volatile instruments such as Gold (XAUUSD).
During the Asia session from 06:00 to 12:00, the EA records the absolute session High and Low. These levels are treated as potential liquidity pools for the later trading session.
After 12:00, the EA waits for price to aggressively sweep either the Asia High or Asia Low. A liquidity sweep alone does not trigger a trade. The strategy then looks for strong displacement and a Change in State of Delivery (CISD) to confirm a potential shift in market direction.
Once the displacement is confirmed, the EA calculates the 50% Fibonacci retracement from the origin of the displacement move to its extreme. This 50% Equilibrium level is used as the potential limit-entry price.
Timeframe
1-Minute (M1)
Instrument
Gold (XAUUSD)
Entry
50% Fibonacci Equilibrium
Take Profit
Fixed 2R Target
Stop Loss
Positioned beyond the relevant liquidity sweep extreme, with a small buffer for spread and slippage.
Take Profit
Fixed at a 2.0 Risk-to-Reward ratio based on the calculated trade risk.
The trading concept has been converted into an automated Expert Advisor and evaluated using historical market data. The backtest results shown below represent the performance generated under the selected testing conditions.
Past performance and backtest results do not guarantee future results. Actual trading performance may vary due to spread, slippage, commissions, execution conditions and market changes.
Need help? This short video tutorial guides you step-by-step through downloading the EA, loading it into MetaTrader, and configuring the trend filters and strategy tester parameters.
This page provides a detailed analysis of the Gold Scalping EA, originally shared by the popular YouTube content creator The Simplified Trader. Many automated trading videos make high-win-rate claims that might not reflect typical live trading conditions, which is why we coded this strategy into a standardized Expert Advisor (.ex5 file) to verify those claims using historical backtests.
During our evaluation of the original ruleset, we analyzed trade frequency, risk exposure, and maximum drawdown. If the strategy tester results showed significant gaps between the creator's video claims and reality, we noted the discrepancies above. You can download the compiled EA directly to run your own backtests on your broker's terminal using the universal tester key provided.
For traders interested in a more robust implementation, we also offer an optimized version. Our team refines the core rules by adding advanced filters, trailing stops, and spread protections to address common issues like false breakouts and high latency, transforming educational YouTube concepts into structured algorithmic trading tools.
FXSnipers is an independent development lab. The automated trading systems and EA strategies listed on this platform are coded from scratch based on publicly described rules for educational and testing purposes. We are not affiliated, associated, authorized, endorsed by, or in any way officially connected with the YouTube creators, authors, or channels (including The Simplified Trader) mentioned on this website.
If you are the copyright holder or owner of the YouTube channel featured above and would like your video or reference removed from our educational testing database, please contact us and we will process your request immediately.
Download the exact strategy coded as described in the video for backtesting and validator testing.
View the indicators, entry/exit levels, and backtest results visually on your TradingView charts.
This step-by-step video tutorial guides you on how to download the Expert Advisor, import it into MetaTrader client, configure settings parameters, and apply the universal tester key to start backtesting.
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