Introduction

EFX XAUM1 EMA ENV EA V9.0 MT4 is an automated Expert Advisor designed for the XAUUSD (Gold) M1 chart on MetaTrader 4. It uses Exponential Moving Averages (EMA) and Envelopes (ENV) to identify dynamic trend direction and volatility‑based entry/exit signals. Version 9.0 introduces refined filters and risk logic to improve performance in lower‑spread market conditions.

Key Features

EMA & Envelope-Based Strategy: Trades based on EMA cross signals and price interaction with envelope bands to capture trending moves.
Adaptive Volatility Filtering: ENV bands adjust dynamically to price movement to reduce noise.
Auto Lot Sizing: Risk-based lot calculation with optional fixed lots.
Built-In SL/TP: Smart Stop Loss and Take Profit logic tailored for XAUUSD behavior.
M1 Optimization: Calibrated for high-frequency entries on the 1-minute timeframe.
News & Spread Filters: Blocks trades during major news events and high spread spikes (if enabled).
Trailing Stop & Break Even: Helps lock in profits on favorable trades.

Recommended Settings

Timeframe M1 Symbol XAUUSD Risk (%) 1–2% per trade EMA Fast 8 EMA Slow 21 Envelope Deviation 0.5–1.0 Max Spread 15–18 points SL (Default) 120–150 pips TP (Optional) 80–200 pips Magic Number 90210

Backtest Result

Profit Factor: ~1.45
Total Trades: ~400
Max Drawdown: ~18%
Annual Return: ~22–28%

Advantages

Works effectively on low-timeframe for active signals
Trend and volatility filters help reduce random entries
Auto lot sizing promotes better risk management
Compatible with most brokers supporting XAUUSD

Disadvantages

Sensitive to high spreads and low liquidity
Requires VPS with low latency for optimal performance
Performance can decline in trendless, sideways markets

Installation Steps

Download the EFX XAUM1 EMA ENV EA V9.0 file (.ex4 or .mq4).
Open MetaTrader 4.
Click File → Open Data Folder.
Open the MQL4 folder.
Open the Experts folder.
Paste the EA file into the Experts folder.
Close the folder and restart MetaTrader 4.

Setup Steps

Enable AutoTrading from the MT4 toolbar.
Open XAUUSD chart (since it is designed for gold).
Set timeframe to M1 (as indicated by XAUM1).
Open Navigator panel (Ctrl + N).
Drag the EA from Expert Advisors onto the chart.
In the Common tab, check “Allow Live Trading.”
In the Inputs tab, configure risk settings (recommended 0.5%–1.5%).
Set lot size (fixed or auto lot based on risk).
Adjust spread filter if available.
Click OK to activate the EA.

Support

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

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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.