Midas Touch MT4

Midas Touch is an automated trading program specially developed for the MT4 trading platform, focusing on the gold (XAUUSD) variety and adapted for the 5-minute (M5) chart scenario. It adopts a special strategy that splits each single trade into several smaller consecutive trades. This means that every time the EA executes a trade, Midas Touch will split the trade into several smaller ones, endowing the program with excellent market adaptability (Orders are split into several smaller ones, and losing orders can be closed out with profits from winning ones). Based on the characteristics of gold prices with frequent fluctuations and fast market rhythms, Midas Touch generates high-precision buy and sell signals through a carefully designed entry logic, helping every trader seeking gold trading opportunities to make profits.

Setup Information

    Currency Pair: XAUUSD

    Time Frame: M5 (5-minute)

    Minimum Deposit: 500 USD

    Leverage: 1:100 and above

    Broker: Any account with low spreads and excellent performance

How to Conduct Accurate Backtesting?

Select a minimum deposit of 500 USD, choose the M5 time frame, set a custom date range, select Every Tick for the model, pick a leverage suitable for you within the available range, and click Start Test to get high-precision backtesting results.

How to Use?

After purchasing the product, please contact me on the MQL5 Forum in a timely manner and provide a screenshot of successful activation. We will assist you with the setup, then you just need to add the EA to the chart according to the setup and enable automated trading – it’s that simple. (VPS is recommended to reduce latency and enable 24-hour trading.)

If you have any questions, please feel free to contact me on the MQL5 Forum at any time.