Introduction

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.

Key Features

Gold-Optimized Strategy
Designed specifically for XAUUSD volatility and price behavior.
Fully Automated Execution
Automatically scans the market and executes trades when predefined conditions are met.
Trend-Following Core Logic
Aligns trades with prevailing market direction.
Momentum Confirmation Filter
Uses additional confirmation to reduce false signals in ranging markets.
Built-In Stop Loss and Take Profit
Every trade includes predefined protective exit levels.
Adjustable Risk Management
Supports fixed lot size or percentage-based risk control.
Equity Protection
Allows setting maximum drawdown or equity stop limits.
Dynamic Trade Management
May include breakeven and trailing stop functionality.
MT4 Strategy Tester Compatibility
Supports historical backtesting for performance evaluation.

Recommended Conservative Settings

For stable and controlled performance:

Risk per trade: 1–2% of account balance
Lot size: 0.01 per $1,000 as a general conservative guideline
Maximum open trades: 1–2
Equity stop: 20–30%
Moderate stop loss and take profit levels
Leverage: 1:100 or lower

Conservative settings are strongly recommended due to gold’s volatility.

Backtest Result (General Overview)

Backtest performance depends on:

Market conditions
Broker spread and execution
Timeframe selection
Risk configuration

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.

Advantages

Optimized for Gold Trading
Structured specifically for XAUUSD behavior.
Eliminates Emotional Trading
Executes trades mechanically based on predefined logic.
Structured Risk Management
Integrates stop loss, take profit, and equity protection.
Consistent Rule Application
Applies identical strategy logic to every trade.
Time Efficient
Reduces the need for constant monitoring.

Disadvantages

High Volatility Risk
Gold price spikes can increase drawdown quickly.
Market Condition Sensitivity
Performance may vary between trending and ranging markets.
Broker Dependency
Spread widening and slippage can impact results.
Not Risk-Free
No automated system guarantees profits.

Installation & Setup Guide

Step 1: Download the EA file (.ex4 or .mq4).
Step 2: Open MetaTrader 4 and click File → Open Data Folder.
Step 3: Navigate to MQL4 → Experts.
Step 4: Paste the EA file into the Experts folder.
Step 5: Restart MetaTrader 4.
Step 6: Open XAUUSD chart on recommended timeframe (commonly M15 or H1).
Step 7: Drag the EA from Navigator → Expert Advisors onto the chart.
Step 8: Adjust input parameters according to your risk tolerance.
Step 9: Enable AutoTrading.

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.