Introduction:


The forex market continues to witness increasing interest in algorithmic trading, and gold trading via expert advisors is no exception. If you're a trader focused on XAUUSD and searching for a scalping EA that works with precision and minimal drawdown, then LENA Scalp EA V3.2 MT4 could be your next game-changer.


This expert advisor is engineered to exploit the volatile nature of gold, providing consistent entries and exits on the 1-hour (H1) timeframe. With a reasonable minimum deposit of just $200, LENA Scalp EA opens the doors for small and mid-level investors to automate gold trading successfully.


1. Overview of LENA Scalp EA V3.2 MT4:


LENA Scalp EA V3.2 is a scalping-focused Expert Advisor created specifically for the MetaTrader 4 (MT4) platform. Unlike many EAs that require high capital, LENA EA works with modest funding, making it ideal for beginner-to-intermediate traders.


The EA capitalizes on short-term market inefficiencies on XAUUSD and applies a proprietary algorithm to detect quick entries during market momentum or minor reversals.


LENA Scalp EA V3.2 MT4Key Info:



  • Platform: MetaTrader 4 (MT4)

  • Currency Pair: XAUUSD (Gold)

  • Timeframe: H1 (1-Hour)

  • Minimum Deposit: $200

  • Strategy Type: Scalping

  • Risk Management: Customizable SL/TP and lot sizes


2. Features and Functional Highlights:


Smart Scalping Logic


LENA EA applies a hybrid of price action and volatility-based indicators to find scalping opportunities. Its core algorithm includes:



  • Moving Averages

  • Volatility Filters

  • Momentum Indicators

  • Time Filter for High Impact News Avoidance


Optimized for H1 Timeframe


While most scalping EAs run on M5 or M15, LENA Scalp EA uses the H1 chart to reduce noise and increase signal reliability.


Low Starting Capital


With a $200 minimum deposit, this EA is one of the most accessible expert advisors available, allowing low-risk testing and growth.


Customizable Settings


You can configure:



  • Lot size

  • Stop loss/take profit levels

  • Trading hours

  • Risk percentage

  • Magic number


Auto Restart Logic


Built-in recovery and trade continuation after MT4 restart or crash ensures reliability for VPS users.


3. Installation Guide:



  1. Download the EA file (.ex4) and move it to your Experts folder inside the MT4 directory.

  2. Restart MT4 and locate LENA Scalp EA V3.2 under the “Navigator” panel.

  3. Attach it to a XAUUSD chart on the H1 timeframe.

  4. Set your input parameters, including lot size, SL/TP, and risk %.

  5. Make sure AutoTrading is enabled.


4. Recommended Settings:


Setting                                  Value
Currency Pair                XAUUSD (Gold)
Timeframe                    H1
Minimum Deposit        $200
Lot Size                         0.01 (for $200)
Stop Loss                       50 pips
Take Profit                     100 pips
Max Trades                    3
Risk Mode                     Low

5. Backtest Results (Hypothetical):


While results may vary depending on broker spreads and VPS latency, historical testing (2022–2024) shows:



  • Win Rate: 78.4%

  • Average Monthly Return: 9–12%

  • Max Drawdown: 11%

  • Profit Factor: 2.43

  • Number of Trades Per Month: 20–30


Note: Always conduct your own backtests or forward tests on a demo account before going live.


LENA Scalp EA V3.2 MT46. Pros & Cons:


✅ Pros:



  • Specifically optimized for XAUUSD

  • H1 timeframe means fewer false signals

  • Works well even with smaller deposits

  • Low drawdown and high consistency

  • Customizable and beginner-friendly


❌ Cons:



  • Not multi-currency

  • Performance may vary with different brokers and spreads

  • Scalping EAs perform best on low-spread, fast execution brokers


7. Broker & VPS Recommendations:


To ensure optimal results with LENA Scalp EA V3.2, use:


Low Spread Brokers:



  • IC Markets

  • Pepperstone

  • Tickmill

  • Exness


VPS Providers:



  • ForexVPS.net

  • BeeksFX

  • UltraFXVPS


8. Real-World Trading Tips:



  • Avoid trading during major news events (especially U.S. NFP, CPI, Fed meetings).

  • Use a fixed low spread account to maintain risk-reward balance.

  • Always test on demo before going live.

  • Monitor performance monthly and adjust lot size based on account growth.


9. Final Verdict – Is LENA Scalp EA V3.2 Worth It?


If you're focused on gold trading and want an automated scalping solution that works on a low deposit, LENA Scalp EA V3.2 MT4 is definitely worth trying. Its tailored approach to XAUUSD, smart logic, and H1 optimization make it a strong candidate for consistent profits with controlled risk.


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Happy Trading