What results can I realistically expect with Cherma MT4?+

The two verified real cent accounts document +11.62% in 9 days (Exness, 27.93% DD) and +234.93% over 45 days (USC cent, 38.60% DD). Realistic expectation at conservative settings — fixed lot 0.01, leverage 1:500 or below — is steady but variable daily return with drawdown periods in the 20–40% range. Capital size, broker spread quality, and leverage configuration are the primary variables. Accounts with tighter spreads and lower leverage consistently show smaller loss sequences. The documented real-account range gives a credible baseline; month-one results on your broker may differ from these cent-account figures.

Does Cherma MT4 use martingale or grid logic?+

The developer does not label it martingale, but the exposed settings reveal an acceleration parameter set to 9 and a step spacing of 25 points — both consistent with scaling behavior as a sequence develops. This is not a clean fixed-lot-only system. The demo account's 99.93% drawdown at 1:1000 leverage confirms what happens when acceleration compounds against an extended adverse move. At default fixed lot 0.01 with auto-lot false, scaling is suppressed. Buyers who want to avoid any position-scaling behavior should verify the acceleration parameter is set to 1 and confirm behavior on demo before live deployment.

Why does the official MQL5 page redirect instead of showing the Cherma product?+

The official MQL5 Cherma MT4 product URL currently redirects to the general MT4 market rather than an active product page. This means independent MQL5 reviews and the official listing cannot be accessed through the standard link. The developer Hicham Chergui has an active MQL5 profile with 4+ years of history, and the product carries version 1.1 with 15 activations recorded. For buyers who want to verify independently, search MQL5.com directly for 'Cherma' or 'Hicham Chergui' rather than using stored links. The two verified Myfxbook real accounts remain the primary independent proof source.

What are the exact Cherma MT4 settings and which broker configuration works best?+

Documented settings from the real Exness account: fixed lot 0.01, auto-lot false, SL 530 points, trailing 25 points, breakeven trigger +10 points, lock +5 points, max spread 40 points, slippage 3, momentum threshold 0.3, acceleration 9, step 25. The Exness Technical account used these settings with 1:2000 leverage on a cent account — the leverage-to-lot ratio on a cent account is materially different from a standard account at the same leverage. For standard accounts, 1:500 maximum is the safer configuration based on demo collapse evidence.

How much capital do I need to get started with Cherma MT4?+

The documented real accounts used USC2,400 (Exness) and USC1,500 (USC cent) — both cent accounts, so equivalent standard-account capital is higher. Estimated minimum for a standard account is $1,000; recommended is $2,000 for adequate drawdown buffer. Undercapitalization is the specific mechanism behind the demo collapse: at $1,000 with 1:1000 leverage, a 27% drawdown sequence — normal for this EA — reduces margin to a level where the acceleration parameter opens positions the account cannot sustain. Starting at $2,000 with 1:500 leverage and fixed lot 0.01 keeps individual drawdown events within survivable range based on documented behavior.

What are the main risks and how does Cherma MT4 handle them?+

Cherma MT4 breaks when leverage is high and the acceleration parameter scales positions into an extended adverse XAUUSD move — each additional position adds correlated gold exposure, not diversification, so a single directional run compounds losses faster than the fixed SL of 530 points can contain. The EA addresses this through three mechanical controls: the spread cap (40 points) blocks entry when execution quality is poor, the breakeven system (+10 trigger, +5 lock) converts open winners to protected positions, and the trailing stop (25 points) harvests momentum without manual intervention. At 1:500 leverage with fixed lot 0.01, these controls held drawdown to 27–38% across both real accounts — the same controls failed at 1:1000 on the demo because leverage overwhelmed the position-size floor.

Which brokers and account types work best with Cherma MT4?+

The verified real-account results came from Exness Technical (ECN model, cent account) — this execution type matters because XAUUSD M5 scalping requires fills within the 3-point slippage cap; market-maker brokers with dealing-desk intervention regularly exceed this, triggering trade rejection or poor fills. Minimum spread requirement: consistently under 40 points on XAUUSD during active sessions. Leverage: 1:500 maximum for standard accounts — the 1:1000 demo result demonstrates why higher leverage is high-risk with this EA's acceleration behavior. Avoid fixed-spread brokers and any broker without ECN/STP execution on gold; latency to server also affects M5 scalper fill quality, making a VPS near the broker's server recommended.

What support do I get after purchasing?+

After purchasing through eafxway, reach our technical team directly via Telegram (t.me/+IQWxOlcT5zE2MTFl) or email [email protected]. Response time: under 4 hours, Monday–Saturday (GMT+0). Coverage includes: MT4/MT5 installation, broker-specific settings, and live troubleshooting. For fastest resolution, attach your order confirmation, broker account type, and error screenshot.