Mikage

Important: There is a possibility of significant drawdown in live trading. Always trade only with money you can afford to lose, and avoid setting the LotFactor too high (recommended: 0.1–0.2).

Mikage is a trading robot developed by training it on 15 years of historical XAU/USD chart data.

It has been trained on approximately 15 years of past XAUUSD price data.

Key indicator include the use of RSI, ATR, and various chart patterns.
By keeping the number of indicators relatively small, the model aims to reduce the risk of curve fitting.

The system performs day trading, typically holding positions for about 5 to 8 hours.

Position closing is handled by the internal logic, so the TakeProfit and StopLoss parameters function more like safety mechanisms for sudden market movements rather than primary exit rules.
However, when market volatility becomes excessively high, it is recommended to reduce the lot size or temporarily stop the EA.

■This EA is programmed to close a position if it is profitable 4 hours and 55 minutes after the order is placed. 

If the profit/loss is still negative after 4 hours and 55 minutes, it will close the position the moment a profit equal to the parameter Lot size × MinProfit is reached.

 For example, if the order is 0.01 lots and MinProfit is 100, the position will close with a profit of 100 yen if the account is a yen account, and 100 cents if it is a dollar account. For Micro accounts, please adjust MinProfit as needed.

 The EA will also close the position if the profit/loss is negative after 8 hours from the order date.

Recommended: A GMT+2 broker such as IC markets.

Note: Backtest results do not guarantee future performance. Please run the EA on a demo account for a while to observe its behavior before using it on a live account.