Introduction

Apache MHL Moving Average EA is a specialized automated trading system for MetaTrader 4 (MT4) focused on trading Gold (XAUUSD). The EA combines multiple moving average breakout logic, RSI momentum confirmation, and a controlled Martingale recovery grid to automatically enter and manage trades based on predefined technical conditions. It is designed to leverage the natural volatility of gold markets to capture profit opportunities while attempting to recover from adverse price movements.

Key Features

Multi‑Moving Average Breakout Logic: Detects breakouts based on several Simple Moving Averages to capture strong trend changes.
RSI Confirmation Filter: Uses RSI levels (such as extreme overbought/oversold thresholds) to validate breakout momentum.
Controlled Martingale Recovery Grid: Implements a distance‑based martingale system with configurable multipliers and limit levels to recover drawdowns.
Basket Profit Target: Closes the entire grid of open positions when the accumulated basket reaches a profit target, helping secure gains.
On‑Chart Dashboard: Shows real‑time trade and system status directly on the MT4 chart.
Flexible Configuration: Users can customize MA periods, RSI settings, grid spacing, max martingale levels, risk parameters, trading hours, SL/TP, and lot sizing.

Recommended Settings

While actual settings depend on risk tolerance and account size, typical recommended values (based on live signal and community feedback) include:

Instrument: XAUUSD (Gold) — optimized for this pair
Timeframe: H1 (commonly recommended for gold breakout strategies)
Lot Size: 0.01 (for smaller accounts) up to 0.1 depending on balance
RSI Thresholds: Severe levels such as RSI below 5 for buy and above 95 for sell confirmation
Grid Distance: Around 700 points between recovery orders
Martingale Multiplier: ~2.0x per level
Max Martingale Levels: Up to 10
Take Profit per Trade: Small accumulated basket profit target (e.g., 10–100 points)
Trading Hours: 02:00–21:00 server time

Backtest / Performance Results

According to live/verified results shared for recent versions of this EA:

Live Growth (verified signal): A reported 10,372% return over ~53 weeks on a $50 initial deposit.
Win Rate: ~78.9% of trades closed profitably.
Maximum Drawdown: ~18.1% — controlled for a grid/martingale system.
These figures reflect aggressive compounding and are specific to the XAUUSD instrument under particular conditions.
Important: Backtest or live results do not guarantee similar future performance; results vary with broker, spreads, execution, and market conditions.

Advantages

Fully Automated: Trades and manages positions without manual intervention.
Multi‑Factor Entry Logic: Combines MA breakouts with momentum (RSI) filtering for higher‑confidence entries.
Controlled Recovery System: Martingale grid with configurable limits and spacing instead of uncontrolled doubling.
Profit Basket Closure: Captures gains from multiple positions together, helping exit on cumulative profit rather than individual swings.
Customizable: Traders can fine‑tune risk, grid, timing, and other parameters to suit their strategy.

Disadvantages

Martingale Risk: Martingale increases position sizes after losses — if price trends strongly against you without reversal, drawdowns can escalate and risk capital.
High Capital Requirement: Effective martingale systems often require adequate margin and balance to withstand grid drawdowns.
XAUUSD‑Focused: Optimized for gold — performance on other instruments is not guaranteed and may be suboptimal.
Complexity: Advanced features and risk dynamics make it better suited for experienced traders rather than complete beginners.

Installation & Setup Guide

Download EA Files: Get the .ex4 (or latest version) file for Apache MHL Moving Average EA.
Open MT4 Data Folder: In MetaTrader 4, go to File → Open Data Folder → MQL4 → Experts.
Paste EA File: Place the EA file into the “Experts” folder.
Restart MT4: Close and reopen MT4 for the EA to appear in the Navigator.
Attach to Chart: Drag the EA from the Navigator onto an XAUUSD H1 chart.
Configure Inputs: Set recommended parameters (lots, RSI, grid, levels, trading hours, profit target).
Enable Algo Trading: Ensure “AutoTrading” is enabled so the EA can place trades automatically.

Support & Disclaimer

Support

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

WhatsApp: Click here

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.