Pharaoh Gold is an Expert Advisor built for Gold (XAUUSD) and currency pairs, engineered with an emphasis on reducing risk while seeking consistent profit opportunities. It’s designed for straightforward deployment on MT4 and clear, rules-based operation.
🔑 Key Points
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Built for Gold & FX: Works on XAUUSD and general currency assets.
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Risk-Reduction Focus: Strategy and controls are oriented toward limiting downside while pursuing steady gains.
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MT4 Compatibility: Runs on MetaTrader 4 with a simple, automated workflow.
📈 How It Operates
Pharaoh Gold looks to participate in gold and FX moves with a risk-first approach, prioritizing controlled entries and exits over aggressive exposure. (Refer to the Market page for the author’s current parameters and usage notes.)
⚙️ Basic Setup
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Platform: MT4
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Markets: XAUUSD + selected FX pairs (per author guidance)
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Broker: ECN/RAW-style accounts are generally preferred for tighter costs and stable execution.
📦 What You Get
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Pharaoh Gold (MT4) EA via the MQL5 Market product page, including the vendor’s description and any available instructions/update notes.
Pro Tips
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Start with conservative risk and forward-test to validate spreads, slippage, and execution on your broker before scaling.
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Monitor high-impact news on gold and major FX pairs to align with your risk tolerance.
⚠️ Risk Notice
Trading FX/CFDs involves significant risk. No EA can guarantee profits; results depend on market conditions, costs, and your settings. Always test on a demo and size positions responsibly.