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Phantom Trader Bot

599 USD

Demo downloaded: 14

Published: 21 April 2025

Current version: 1.4

Phantom Trader Bot

Experts
Victor Manuel Suarez Torres
Victor Manuel Suarez Torres
Colombia

270
1 comment
Version: 1.4
Activations: 5

Phantom Trader – Expert Advisor for XAU/USD on MetaTrader 4

Phantom Trader is an Expert Advisor designed exclusively for trading the XAU/USD pair (gold vs. US dollar). This EA applies a technical approach based on a combination of two strategies: detection of support/resistance zones and candlestick pattern recognition.

It is intended for traders seeking an automated tool with a clear and adaptable entry logic, suitable for the London and New York sessions.

Main Features:

Combined strategy:
- Automatic detection of key support and resistance zones
- Analysis of candlestick patterns
Operates exclusively on XAU/USD
Recommended sessions: London, New York, or continuous 24/5
Customizable risk management
Time-based trading filter
Adjustable parameters for greater control

Available Parameters:

Risk_Per_Trade : Percentage of balance allocated per trade
Lot_Size : Fixed lot size (if risk control is disabled)
Enable_TP_SL : Enables automatic Take Profit and Stop Loss
Time_Filter : Specifies trading hours
Magic_Number : Unique identifier for EA trades
Trade_Direction : Buy / Sell / Both
Max_Spread : Maximum allowed spread
News_Filter : Optional news filter (if supported by the broker)

Recommendations:

Trading pair: XAU/USD
Recommended timeframe: M15
Use with an ECN broker offering low spreads
VPS hosting recommended for 24/5 operation

Phantom Trader offers a strategy based on technical analysis and customizable risk management. It is highly recommended to test on a demo account before applying it to a live environment.

For any technical questions or support, you can contact the author directly through the MQL5 platform.

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Phantom Trader Bot

Victor Manuel Suarez Torres