Description
<h3>Introduction</h3>
<p>MFXT GOLD AI EA V2.13 MT4 is an automated trading system developed specifically for gold (XAUUSD) within the MetaTrader 4 platform. It is designed to analyze market trends, momentum strength, and volatility conditions before executing trades automatically. The system focuses on structured, rule-based execution combined with integrated risk management to promote disciplined gold trading.</p>
<h3>Key Features</h3>
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<p>Gold-Optimized Strategy<br>Designed specifically for XAUUSD volatility and price behavior.</p>
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<p>Fully Automated Execution<br>Automatically scans the market and executes trades when predefined conditions are met.</p>
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<p>Trend-Following Core Logic<br>Aligns trades with prevailing market direction.</p>
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<p>Momentum Confirmation Filter<br>Uses additional confirmation to reduce false signals in ranging markets.</p>
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<p>Built-In Stop Loss and Take Profit<br>Every trade includes predefined protective exit levels.</p>
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<p>Adjustable Risk Management<br>Supports fixed lot size or percentage-based risk control.</p>
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<p>Equity Protection<br>Allows setting maximum drawdown or equity stop limits.</p>
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<p>Dynamic Trade Management<br>May include breakeven and trailing stop functionality.</p>
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<p>MT4 Strategy Tester Compatibility<br>Supports historical backtesting for performance evaluation.</p>
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<h3>Recommended Conservative Settings</h3>
<p>For stable and controlled performance:</p>
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<p>Risk per trade: 1–2% of account balance</p>
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<p>Lot size: 0.01 per $1,000 as a general conservative guideline</p>
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<p>Maximum open trades: 1–2</p>
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<p>Equity stop: 20–30%</p>
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<p>Moderate stop loss and take profit levels</p>
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<p>Leverage: 1:100 or lower</p>
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<p>Conservative settings are strongly recommended due to gold’s volatility.</p>
<h3>Backtest Result (General Overview)</h3>
<p>Backtest performance depends on:</p>
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<p>Market conditions</p>
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<p>Broker spread and execution</p>
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<p>Timeframe selection</p>
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<p>Risk configuration</p>
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<p>In trending gold markets, historical testing may show steady growth with manageable drawdowns under conservative settings. During ranging or high-impact news periods, drawdowns may increase. Independent backtesting using MT4 Strategy Tester is recommended before live trading.</p>
<h3>Advantages</h3>
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<p>Optimized for Gold Trading<br>Structured specifically for XAUUSD behavior.</p>
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<p>Eliminates Emotional Trading<br>Executes trades mechanically based on predefined logic.</p>
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<p>Structured Risk Management<br>Integrates stop loss, take profit, and equity protection.</p>
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<p>Consistent Rule Application<br>Applies identical strategy logic to every trade.</p>
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<p>Time Efficient<br>Reduces the need for constant monitoring.</p>
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<h3>Disadvantages</h3>
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<p>High Volatility Risk<br>Gold price spikes can increase drawdown quickly.</p>
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<p>Market Condition Sensitivity<br>Performance may vary between trending and ranging markets.</p>
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<p>Broker Dependency<br>Spread widening and slippage can impact results.</p>
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<p>Not Risk-Free<br>No automated system guarantees profits.</p>
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<h3>Installation & Setup Guide</h3>
<p>Step 1: Download the EA file (.ex4 or .mq4).<br>Step 2: Open MetaTrader 4 and click File → Open Data Folder.<br>Step 3: Navigate to MQL4 → Experts.<br>Step 4: Paste the EA file into the Experts folder.<br>Step 5: Restart MetaTrader 4.<br>Step 6: Open XAUUSD chart on recommended timeframe (commonly M15 or H1).<br>Step 7: Drag the EA from Navigator → Expert Advisors onto the chart.<br>Step 8: Adjust input parameters according to your risk tolerance.<br>Step 9: Enable AutoTrading.</p>
<h3><strong>Support & Disclaimer</strong></h3>
<h4><strong>Support</strong></h4>
<p>If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:</p>
<p><strong>WhatsApp: </strong><a href="https://wa.me/+443300272265" target="_new"><strong>Click here</strong></a><strong></strong></p>
<p><strong>Telegram Group: </strong><a href="https://t.me/yoforexrobot" target="_new"><strong>Join our community</strong></a><strong></strong></p>
<h4><strong>Disclaimer: </strong></h4>
<p>Forex and gold trading involve risk. Past performance doesn't guarantee future results. Always test robots on demo before live trading and use proper risk management.</p>
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