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Stable Gold EA MT5 + Setfiles (No grid/No Martingle) Original price was: $899.00.Current price is: $399.00.
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Panda Hedging EA MT4 v1.85 with Setfiles Original price was: $499.00.Current price is: $39.00.

PLATINUM FX EA MT4 + Setfiles

SKU: PLATINUM-FX-EA-MT4

Platinum FX EA runs multi-pair trading with 63% gain and 68% win rate via Bollinger/RSI/Stochastic filters – backtested on XAUUSD MT4

Original price was: $999.00.Current price is: $49.00.

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Description

Table of Contents

    Platinum FX EA – Automated Multi-Pair Trading on MT4

    Platinum FX EA runs stop-loss and take-profit based trades across six instruments including XAUUSD and GBPUSD on MetaTrader 4. A 2-year backtest on XAUUSD shows 63% total gain with a 68% win rate, though the crude control-point modeling limits result reliability. Developed and distributed by CheapForexEa.


    Key Highlights

    • ✅ Trades six instruments simultaneously — GBPUSD, XAUUSD, EURUSD, AUDUSD, USDCAD, US30 — on a single M1 chart.
    • ✅ Backtest shows 68% win rate and 1.43 profit factor over two years on XAUUSD (crude modeling — see performance notes).
    • ✅ Combines Bollinger Bands, Stochastic, and RSI filters to time entries across a defined session window.
    • ✅ Configurable stop-loss, take-profit, daily loss cap, and lot multiplier — no grid doubling or martingale exposure.
    • ✅ Marketed as suitable for prop firm challenges with drawdown controls and a maximum of 3 covers per day.

    Performance Results

    The backtest ran XAUUSD on M30 from January 2023 to December 2024, starting with $1,000 and producing $631.58 net profit. The win rate reached 68.31% across 691 trades, with a profit factor of 1.43. Maximum drawdown was 11.60% ($160.90).

    The modeling quality used control points — MT4 explicitly flags this as “a very crude method, the results must not be considered.” This is a significant limitation. The largest single loss trade was -$48.56 versus an average profit of $4.42, meaning one bad trade can wipe multiple wins.

    A secondary MyFxBook signal (Platinum FX Lewis, GBPUSD, BDSwiss, 1:500) shows +28.62% total gain with 9.60% drawdown over a short live period in early 2020. Key account metrics including balance and profit are locked, and the signal is over 5 years old. Current live performance is unverifiable from this data.

    Platinum FX EA MT4 MyFxBook live signal GBPUSD showing 28.62% gain and 9.60% drawdown from January to February 2020
    ⚠️ Archive (Jan–Feb 2020) – 5yr+ old. Key metrics locked. Contact vendor for current live results.
    Platinum FX EA MT4 backtest XAUUSD M30 2023 to 2024 showing 631 USD net profit 68% win rate and 11.60% max drawdown crude control point modeling
    2023–2024 backtest – crude control-point modeling. Results not reliable per MT4 standards.

    Risk note: The 11.60% backtest drawdown occurred under crude modeling conditions that underestimate real slippage and spread. Live drawdown will likely exceed this figure. Control exposure by setting max_daily_loss to a fixed dollar amount, starting on a single pair, and running minimum 90 days on demo before going live. Expect higher real-world drawdown than the backtest suggests.


    How It Works

    Strategy: Session-based stop/profit trading on XAUUSD, GBPUSD, EURUSD, AUDUSD, USDCAD, US30 on M1 — exploits short-term momentum within defined trading hours.

    Entry: Triggered when RSI (period 12), Stochastic (5,3,3), and Bollinger Bands (20,2) align within session window 19:00–08:00.

    Exit: Fixed take-profit at 30 pips or $5.00 in money; stop-loss at 60 pips per trade.

    Risk Control: Daily loss cap (max_daily_loss), 3 covers per day maximum, adjustable lot multiplier (default 2.0).

    ✅ Best conditions: Trending sessions • Clear momentum on M1 • Low-spread ECN broker • Active London/New York overlap

    ⚠️ Caution: Choppy ranging markets • High-spread brokers • News event volatility spikes

    Platinum FX EA MT4 expert advisor input parameters showing RSI period 12 Bollinger Bands 20 2 stop loss 60 take profit 30 daily loss cap and lot multiplier 2.0 settings
    Default setup – $1,000 starting / moderate risk. Adjust lot multiplier and daily loss cap before live use.

    Technical Specifications

    SpecificationRequirement
    PlatformMT4 (MetaTrader 4)
    Currency PairsGBPUSD, XAUUSD, EURUSD, AUDUSD, USDCAD, US30
    TimeframeM1 (1-minute chart)
    Minimum Deposit$1,000 (tested minimum — higher DD risk below this)
    Recommended Deposit$2,000–$5,000 (safer buffer for drawdown tolerance)
    Leverage1:100 minimum (1:500 used in live signal)
    Broker TypeECN/STP preferred, low spread on XAUUSD and GBPUSD
    VPSRequired (M1 trading demands 24/5 uptime)

    This EA is MT4 only. Need MT5 platform? Browse MT5 EA alternatives


    Who Should Use This EA

    • ✅ Ideal for:
    • Intermediate traders with $2,000+ capital comfortable adjusting EA input parameters manually.
    • Prop firm challengers — drawdown controls and daily trade limits align with challenge rule structures. Browse more prop firm EAs
    • MT4 users trading XAUUSD or GBPUSD who want a multi-indicator filtered approach without martingale risk.
    • ✅ Best results when:
    • Running on a VPS with a low-spread ECN broker — M1 execution requires stable, uninterrupted connectivity.
    • Demo tested for minimum 90 days before live deployment, given the crude backtest modeling quality.

    What’s Included

    • ✅ Experts: Platinum FX EA (.ex4)
    • ✅ Presets:
      • Gold_H1_Medium Risk_$500.set
      • Gold_H1_High Risk_1K.set
      • Gold_H1_Low Risk_1K.set
      • Gold_H1_Medium Risk_1K.set

    Product download link sent immediately via email after purchase.


    Frequently Asked Questions

    >>> Curated/Reviewed by Steven Cohen (Founder).

    ⚠️Risk Disclaimer:

    Forex trading and EAs carry high risk of loss. Only invest what you can afford to lose. Past performance does not guarantee future results. 70-90% of retail traders lose money.

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