Thors EA Pro V9.8 MT4

Introduction

Thors EA Pro V9.8 MT4 is a fully automated Expert Advisor designed for MetaTrader 4. It focuses on XAUUSD trading and uses technical filters to identify trade setups while applying built-in risk controls. The EA aims to deliver systematic execution and reduce the need for constant manual monitoring on gold charts.

Key Features

• Fully automated trading on MetaTrader 4
• RSI and Moving Average filters for entry confirmation
• Configurable drawdown protection with automatic shutdown options
• Breakeven functionality to protect open profits
• Spread and slippage filters for better trade quality
• Fixed lot size support and flexible risk controls
• Compatible with MT4 Strategy Tester for backtesting
• On-chart interface for monitoring in some versions

Recommended Settings

Recommended pair: XAUUSD
Recommended timeframe: M15
Use conservative lot sizing, enable drawdown limits, and apply the provided set files if available. Always test thoroughly on a demo account with your broker before considering live use. Adjust RSI and MA filter parameters according to current market conditions and your risk tolerance.

Advantages

• Removes the need for continuous screen time on M15 gold charts
• Provides consistent rule-based entries and exits
• Includes practical risk tools such as drawdown limits and spread filters
• Supports systematic testing and optimization inside MT4
• Reduces emotional decision-making during volatile sessions

Disadvantages

• Gold volatility can still produce significant drawdowns
• Performance depends heavily on broker spreads, slippage, and execution quality
• Incorrect settings can increase risk substantially
• Requires a stable VPS for reliable 24/7 operation
• Backtest results do not guarantee live performance
• Needs regular monitoring and proper configuration

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

Telegram Group:  Join our community

Disclaimer:

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.