M5 Gold Super Scalping Indicator: Four Filters On One Bar

Written by Dominic Walsh · Published 15 Jun 2026 · Last updated 9 Sep 2026

The m5 gold super scalping indicator stacks four conditions on a single bar. Two averages must cross. RSI must sit on the right side of fifty. MACD must agree. Range must not have collapsed. Only then does an arrow print.

This build ships as a compiled .ex4 for MT4 and .ex5 for MT5; the screenshots below come from XAUUSD M5.

Platforms	MT4 (.ex4) + MT5 (.ex5)
Chart window	Main price chart
Plots	2: Super Buy, Super Sell
Alerts	popup, push notification, email, sound
Inputs	18

What the M5 gold super scalping Indicator draws on the chart

`Super Buy` uses arrow 233 in medium spring green.

`Super Sell` uses arrow 234 in tomato.

Marks sit `ArrowOffsetPts` `12` points from the candle.

No lines get drawn, so the chart stays clear for price.

• Super Buy: arrow, medium spring green, width 2, arrow code 233
• Super Sell: arrow, tomato, width 2, arrow code 234

How the M5 gold super scalping Indicator calculates its values

Two averages start it

iMA supplies exponential lines at `FastEmaPeriod` `8` and `SlowEmaPeriod` `21`. A buy needs the fast line to cross above the slow one, or to already sit above it with the other filters agreeing.

Momentum has to line up twice

iRSI at `RsiPeriod` `14` must reach `RsiBuyLevel` `50.0` for a buy. iMACD at `MacdFast` `8`, `MacdSlow` `17` and `MacdSignal` `9` must also point the same way.

Range must not be dead

iATR at `AtrPeriod` `14` gets compared against its own average over `AtrAvgWindow` `20` bars. The reading has to reach `AtrExpansionMult` `0.90` of that figure.

How to read the signals

Every mark means four separate checks agreed on one closed bar.

The screenshot note picks XAUUSD M5, which is what the name targets.

Gold moves fast, so a twelve-point offset is small relative to its range.

Nothing here is specific to gold beyond the settings choice.

Alert channels in this build: popup, push notification, email and sound, one message per closed bar.

`EnableAlerts` opens four routes and ships true with `EnablePopup`. `EnablePushNotify` reaches a handset, `EnableEmail` sends mail and `EnableSound` plays `SoundFile`. Those three start false. A mark reports once per closed bar.

Every M5 gold super scalping Indicator input

Core settings

Setting	What it does	Default
FastEmaPeriod	fast EMA. Length of the quick exponential line, default `8`.	8
SlowEmaPeriod	slow EMA. Length of the slower exponential line, default `21`.	21
RsiPeriod	RSI. Window behind the momentum check, default `14`.	14
RsiBuyLevel	buy needs RSI >= this. Level the reading must reach for a buy, default `50.0`.	50.0
RsiSellLevel	sell needs RSI <= this. Level it must fall under for a sell, default `50.0`.	50.0
AtrPeriod	ATR. Window behind the range check, default `14`.	14
AtrExpansionMult	ATR must be >= mult * AtrAvg(window). Share of the range baseline that must hold, default `0.90`.	0.90
AtrAvgWindow	moving avg of ATR for expansion filter. Bars forming that baseline, default `20`.	20
MacdFast	MACD fast EMA. Quick average inside the MACD check, default `8`.	8
MacdSlow	MACD slow EMA.	17
MacdSignal	MACD signal SMA.	9

Display settings

Setting	What it does	Default
ArrowOffsetPts	arrow Y offset in points. Gap from candle to mark, in points, default `12`.	12

Alert settings

Setting	What it does	Default
EnableAlerts	(see inputs panel)	on
EnablePopup	(see inputs panel)	on
EnablePushNotify	(see inputs panel)	off
EnableEmail	(see inputs panel)	off
EnableSound	(see inputs panel)	off
SoundFile	(see inputs panel)	alert.wav

Settings that fit your chart

The name targets one chart and the screenshot note agrees. XAUUSD M5 is the reference chart, where four filters still leave several marks a session. On EURUSD H1 the same settings give a handful a week.

When the M5 gold super scalping Indicator fails

`AtrExpansionMult` `0.90` sits below one, so the range filter barely filters.

Four conditions on one bar means long quiet stretches with nothing.

Gold spreads widen sharply around news, which a five-minute chart feels hardest.

Copy the compiled M5 gold super scalping Indicator file into your MQL4/Indicators folder, and the MT5 build into MQL5/Indicators, then restart the terminal and drag it onto a chart. The step-by-step guide with screenshots is at how to install MT4 and MT5 indicators.

Background reading on the method behind the M5 gold super scalping Indicator: Super-voting stock on Wikipedia, Dow Jones Titans Indices at StockCharts ChartSchool.

Download the M5 gold super scalping Indicator for MT4 and MT5

The zip holds the compiled M5 gold super scalping Indicator build for MT4 and MT5, plus a short README. Compiled files only, no source. Enter your email below and the download link arrives in your inbox.

FAQ

What does AtrExpansionMult 0.90 require?

That the current range reading reaches ninety percent of its twenty-bar average. Since that is below one, most bars pass. Set it above one if you want the filter to demand genuine expansion.

Why are MacdFast and MacdSlow 8 and 17?

They are faster than the textbook twelve and twenty-six, which suits a five-minute chart. A standard MACD would react too slowly to add anything on this timeframe.

Does RsiBuyLevel 50.0 filter much?

Less than an overbought threshold would. Fifty is the midpoint, so it rejects crosses where momentum disagrees outright but allows most others. It is a direction check rather than an extreme check.

Is this build actually specific to gold?

Only through its settings. Nothing in the code checks the symbol, so it loads on any chart. The faster MACD and short averages suit gold on five minutes, which is where the name points.

Are results guaranteed?

No. Trading involves risk. Results are not guaranteed; past performance is not indicative of future results. Use the M5 gold super scalping Indicator as one input. Always backtest before trading live.