📌 Introduction

The MMTS EA V02 is a specialized MetaTrader 4 expert advisor engineered exclusively for XAU/USD trading on the M15 timeframe. This automated trading robot employs a unique four-trendline methodology to generate precise buy and sell signals based on bar closes relative to dynamic trendline levels. With a clear scalping approach targeting 10-pip profits and structured 35-pip stop losses, this EA offers traders a transparent, rule-based system for consistent gold trading automation.

⚡ Key Features

Exclusive XAU/USD Focus – Optimized specifically for gold trading with tailored parameters
M15 Timeframe Optimization – Perfect balance between trading frequency and signal reliability
Four-Trendline Methodology – Multiple reference points for accurate entry and exit decisions
Clear Entry Signals – Buy when bar closes above any trendline; Sell when bar closes below any trendline
Structured Risk Management – Defined 10-pip profit target with 35-pip primary stop loss
Forward Tested – Validated under live market conditions for real-world performance
MT4 Compatibility – Seamless integration with the world's most popular trading platform
Transparent Strategy Logic – Fully understandable rules without black-box complexity
Consistent Trade Frequency – Regular trading opportunities without overtrading

⚙️ Recommended Settings

Currency Pair – XAU/USD only
Timeframe – M15 (15-minute chart)
Profit Target – 10 pips per trade
Stop Loss – 35 pips primary stop loss
Platform – MetaTrader 4
Trade Management – Maintain default settings unless backtested with alternatives
Market Sessions – Optimal during high gold liquidity periods

✅ Advantages

Specialized gold trading for optimized performance
Simple, transparent trendline-based strategy
Regular scalping opportunities with quick exits
Balanced M15 timeframe reduces market noise
Multiple stop loss criteria for enhanced risk control
Forward-tested performance validation

❌ Disadvantages

Limited to XAU/USD only – no diversification
Challenging 1:3.5 risk-reward ratio requires high win rate
No economic news filter integration
Purely technical – no fundamental analysis consideration

🏁 Conclusion

The MMTS EA V02 delivers a specialized, transparent, and forward-tested solution for gold traders seeking consistent M15 scalping opportunities. While its single-pair focus and challenging risk-reward ratio demand disciplined risk management, the EA's clear trendline methodology and structured approach make it a valuable tool for traders who appreciate technical analysis and automation. Ideal for gold enthusiasts and scalping practitioners using MT4, this EA stands out through its specialization and proven forward-testing validation.

Support & Disclaimer

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.