Gold Oracle Cipher MT4
- Experts
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Shakir Mehmed
Software engineer and algorithmic trading systems developer specializing in automated trading solutions for MetaTrader 5. - Version: 1.13
- Activations: 10
Gold Oracle Cipher is an Expert Advisor for MetaTrader 4 that trades selected higher-timeframe XAUUSD breakouts after additional confirmation. It uses pending stop orders and predefined exits. The default preset uses lower exposure and can be adjusted with the risk input.
This is the MetaTrader 4 build, with the same rules. The figures below come from MetaTrader 5 real tick tests. The MetaTrader 4 tester differs somewhat because of its own tick timing and fill model.
Logic
- Tracks a set of independent higher-timeframe structures.
- Asks for additional confirmation before committing to any of them.
- Orders rest at levels instead of chasing price, and exits are defined in advance.
- Positions that do not develop are released rather than defended.
There is no martingale, grid or averaging down, and size is not increased to recover a loss. Every filled position has a broker-side stop loss.
Inputs
- Risk level
- Fixed lot
- Maximum lot
- Magic number
- Order comment
- Maximum spread
Each table row has a matching preset file.
Historical simulation
MetaTrader 5 Strategy Tester simulation on XAUUSD, real tick data, 2019 to 1 May 2026, leverage 1:500, initial deposit USD 5,000. At the Standard setting the annualized return was 40%, and the maximum equity drawdown was 10.11%. In the 2010 to 1 May 2026 window the Standard setting had a maximum equity drawdown of 17.85% and 0 losing years out of 17. This is a simulation on one broker's price history. It is not live trading and does not predict future results.
Maximum equity drawdown by risk setting, with the estimated 95th percentile drawdown from 10,000 block-based resamples of the closed trades.
| Setting | Maximum equity drawdown | Estimated 95th percentile drawdown |
|---|---|---|
| Fixed 0.10 lot (USD 10,000 deposit) | 16.66% | about 25% |
| Standard (x1) | 10.11% | about 17% |
| x2 | 21.77% | about 36% |
| Growth (x3) | 32.85% | about 52% |
| Aggressive (x4) | 42.94% | about 65% |
| Extreme (x6) | 62.06% | about 83% |
At the Standard setting the longest simulated period below a previous equity high was 189 days. Across the resampled paths the median was 204 days, and 7% of paths stayed below a previous high for more than one year.
Requirements
XAUUSD, any chart timeframe, hedging account, raw spread preferred. The tests used leverage 1:500; lower leverage may restrict position sizes. A balance of USD 600 is the technical minimum and USD 2,000 or more is recommended. A virtual private server is recommended because pending orders need the terminal online.
Important limits
Live results differ from the simulation because of spread, slippage on stop orders, commission and time the terminal is offline. Test the program in your own Strategy Tester and on a demo account, and use risk you can afford to lose.
