FT Gold Robot MT4 V5.4 with Setfiles

What is FT Gold Robot MT4?

FT Gold Robot MT4 is an automated trading system specifically designed for XAUUSD (Gold) trading on MetaTrader 4, featuring a session-based breakout strategy with recovery mode that claims a 99.57% win rate. The EA generated $287,284 from a $1,000 deposit in backtests, utilizing a New York session breakout approach combined with a Martingale-style recovery system.

• Vendor website: Click here

About the FT Gold Robot MT4’s Author

FT Gold Robot MT4 was developed by Marzena Maria Szmit, a Spanish developer with over 1 year of experience on the MQL5 platform. The author has published 32 products on the MQL5 marketplace, demonstrating ongoing involvement in automated trading system development.

Key Takeaway

• Overview: Automated XAUUSD trading robot operating on M5 timeframe with configurable session timing, breakout detection, and recovery management features

• Trading Strategy: Time-based session breakout system targeting New York trading hours (10:00-15:30), triggering trades when price moves beyond 10 pips above or below the defined range, with integrated Martingale recovery mode using 1.89 multiplier up to 3 cycles

• Core Benefits: 24/7 automation eliminates emotional trading, precise session timing optimizes volatility windows, built-in risk management with customizable stop loss and take profit levels

• Performance Data: Backtest shows 42.24 profit factor and 99.57% win rate, but equity drawdown reached 10.40% indicating significant floating losses during recovery cycles

• Primary Risks: Martingale recovery system can amplify losses rapidly during adverse market conditions, extremely high win rate suggests potential over-optimization, wide stop loss (2500 pips) versus tight take profit (100 pips) creates skewed risk-reward ratio

Recommendations for FT Gold Robot MT4

• Trading Platform: MetaTrader 4 (MT4) exclusively – ensure broker compatibility with hedging accounts

• Pairs: XAUUSD only – designed specifically for Gold trading characteristics and volatility patterns

• Supported Accounts: Hedging accounts required – check broker account type compatibility before deployment

• Timeframe: M5 (5-minute) charts – optimized for short-term breakout detection and execution

• Trading Time: New York session (10:00-15:30) – peak volatility window for Gold trading

• Leverage: 1:100 recommended – higher leverage amplifies both profits and losses, especially critical with recovery mode active

• Minimum Deposit: $1,000 minimum – higher balance strongly recommended for better risk management given Martingale system risks

Quick-Start Parameter Guide

Risk Management
• MaxDD % (0.0): Activate account protection – set to 15-20% maximum to prevent account blow-up
• maxLoss (0.0): Enable hard stop – configure absolute loss limit for safety
• SL (2500.0): Wide stop loss – understand this creates high risk per trade

Trade Entry
• RangeStart (10:00): Session beginning – aligns with New York market opening
• RangeEnd (15:30): Session end – captures peak volatility window
• PipsAboveRange/BelowRange (10.0): Breakout trigger – adjust based on market conditions

Recovery System
• RecoveryMode (true): Martingale system – high risk feature, consider disabling for conservative approach
• RecoveryMultiplier (1.89): Lot size increase – dangerous if market moves strongly against position
• RecoveryMaxcycle (3): Maximum cycles – limits exposure but can still cause significant losses

Position Management
• _Lots (0.01): Starting lot size – keep small when using recovery mode
• maxOrders (5): Position limit – controls maximum concurrent trades
• TP (100.0): Take profit target – tight target requires high win rate to be profitable

FT Gold Robot MT4 Review

FT Gold Robot MT4 delivers impressive backtest results with systematic session-based trading, but the Martingale recovery system introduces significant account risk that requires careful capital management and experienced oversight.

Backtest Performance Highlights:
• Total Net Profit: $287,284 from $1,000 deposit – exceptional returns but equity drawdown reached 10.40%
• Profit Factor: 42.24 with 99.57% win rate – statistically improbable results suggesting over-optimization
• Balance Growth: Smooth upward trajectory across all trading sessions – consistent with recovery system masking individual trade losses

• Risk Metrics: Balance drawdown 4.40% vs equity drawdown 10.40% – indicates large floating losses during recovery cycles

Why Choose FT Gold Robot MT4

• Specialized Gold Trading: Purpose-built for XAUUSD volatility patterns and session characteristics – but limited to single instrument reduces diversification

• Session-Based Precision: Targets optimal New York trading hours for maximum profit potential – requires stable VPS connection to ensure precise timing execution

• Automated Recovery Management: Built-in Martingale system can recover from initial losses – but dramatically increases risk exposure during adverse market conditions

• High Win Rate Strategy: Backtest shows 99.57% winning trades with consistent profit generation – performance likely over-optimized and may not replicate in live markets

• Complete Automation: Eliminates emotional trading decisions and manual monitoring requirements – but requires deep understanding of recovery system risks before deployment

Conclusion

FT Gold Robot MT4 offers specialized XAUUSD automation with impressive backtest results, but the Martingale recovery system creates substantial account risk requiring experienced traders with strong risk management discipline. Best suited for intermediate to advanced traders with high risk tolerance and sufficient capital to withstand potential drawdowns.

Ready to Use FT Gold Robot MT4?

• Telegram Support: https://t.me/+E2r7ipeuS6BjNzFl
• Email Contact: [email protected]
• Website: eafxway.com

FT Gold Robot MT4 Download Packages:

• Link download experts:
  • FT Gold Robot MT4.ex4
• Presets:
  • SETTING FTMO 10 K 2 TEST.set

FAQs