Phantom Trader Bot

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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MQL TOOLS SL
5 (17)
Experts
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Jesko
Cence Jk Oizeijoozzisa
5 (2)
Experts
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Algo Capital Trader
Jimitkumar Narhari Patel
Experts
Algo Capital Advanced Market Intelligence Trader: Empowering Traders with Integrity and Insight Algo Capital proudly introduces its inaugural state-of-the-art Advanced Market Intelligence Trader - engineered to transform your trading experience through precision, adaptability, and advanced market intelligence. Powered by proprietary algorithms and deep market research, this solution is designed to deliver consistent, high-quality performance across diverse market conditions. Why Algo Capital?
Trendalgo AI MT4
Stefano Frisetti
Experts
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EA Legendary Scalper MT4
Ruslan Pishun
2 (1)
Experts
Real monitoring :   XAUUSD M30 SL3 ,          XAUUSD M30 SL5 ,         XAUUSD__BTCUSD__ M30__SL3 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  3   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  649   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  920   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a de
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Babak Alamdar
3.5 (20)
Experts
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John Dickenson
Experts
Introducing the AI Neural Nexus EA A state-of-the-art Expert Advisor tailored for trading Gold (XAUUSD) and GBPUSD. This advanced system leverages the power of artificial intelligence and neural networks to identify profitable trading opportunities with a focus on safety and consistency. Unlike traditional high-risk methods, AI Neural Nexus prioritizes low-risk strategies that adapt to market fluctuations in real time, ensuring a smart trading experience. Important Information Contact us immedia
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Thang Chu
Experts
Unlike most other EAs in the market, I always assure every single of my EAs are of highest quality: Real trades will match backtesting. No loss hiden techniques to hide historical losses, no manipulated backtest to make backtesting curve smooth without loss (only naive traders believe in smooth upward curve with no risk - they are most likely scamming). My EA always have multi-years verified statistical trading edge. Robust and long term stable with sensible risk management. Not sensitive to sp
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Victor Manuel Suarez Torres
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