Phoenix FX XAU EA MT4 – Latest original version | Unlimited

Introducing the Expert Phoenix FX XAU EA MT4

Name: Phoenix FX XAU
Version: Latest Version
Developer by: Ignacio Agustin Mene Franco
The Right Platform: Meta Trader 4 (MT4)
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• Delivery time 24h-48h after payment.

What is Phoenix FX XAU EA MT4?

With over 20 years of experience trading gold and working with prop firm traders, I rate Phoenix FX XAU EA MT4 as a clean, disciplined, and highly practical Expert Advisor (EA) specifically designed for XAU/USD on the M5 timeframe. This EA is particularly well-suited for prop firm challenges and funded accounts thanks to its controlled risk profile and consistent rule-based approach.

Phoenix FX XAU EA MT4 is built on a Classic EMA Crossover Strategy enhanced with an Intelligent Dynamic Grid and robust risk management.

The core logic uses a configurable EMA crossover (default 10/30 periods) to determine trend direction. Once a signal is confirmed, the EA places pending orders using a limited intelligent grid with dynamic spacing. Every trade is strictly protected by Stop Loss, automatic Breakeven, and progressive Trailing Stop. This combination allows the EA to capture trending moves in gold while keeping maximum drawdown under tight control — a critical requirement for prop firm evaluations.

• Official Website: See here

Core Features

• EMA Crossover System: Configurable fast/slow EMA (default 10/30) for trend detection
• Intelligent Dynamic Grid: Pending orders with smart spacing (max 5 pending orders)
• Advanced Risk Management:
  • Default Stop Loss: 20 pips (fully adjustable)
  • Automatic Breakeven at 15 pips profit
  • Progressive Trailing Stop (starts at 10 pips, 5-pip step)
• Money Management:
  • Fixed lot size or risk-based (% of balance – 0.5% recommended)
  • Automatic position sizing based on current equity
• Protection Filters:
  • Maximum spread limit
  • Configurable trading hours (avoids news)
  • Minimum signal spacing (default 3 bars)
  • Margin check before every trade
• Minimum Capital: $1,000 USD
• Unique Magic Number for easy trade identification

Trading Strategy

The EA follows a straightforward and transparent process:

1. Trend Detection: EMA 10/30 crossover identifies the current market direction.
2. Signal Filtering: Additional filter prevents overtrading during choppy conditions.
3. Entry: Places up to 5 pending orders with dynamic spacing to catch the trend.
4. Risk Control: Every position has a 20-pip Stop Loss. Once price reaches +15 pips, the trade moves to Breakeven. Progressive trailing stop then protects profits as the trade moves further in favor.

This logic allows Phoenix FX to ride strong gold trends while quickly cutting losses and protecting gains — making it very suitable for both live trading and prop firm challenges.

Why Traders Should Choose Phoenix FX XAU EA MT4?

After two decades trading XAU/USD and helping traders pass prop firm evaluations, here’s why I recommend this EA:

• Prop Firm Friendly — Controlled grid, mandatory Stop Loss, Breakeven, and trailing stop help keep drawdown low and meet strict prop firm rules.
• Simple & Transparent Strategy — EMA crossover is easy to understand and verify, with no hidden black-box logic.
• Strong Risk Management — Automatic Breakeven at 15 pips and progressive trailing stop provide excellent capital protection.
• Flexible Money Management — Works with both fixed lot and percentage risk, suitable for accounts from $1,000 upward.
• Practical Filters — Spread control, trading hours filter, and signal spacing reduce unnecessary trades during bad conditions.
• Reliable for Gold — Optimized specifically for XAU/USD’s volatility on the M5 timeframe.

Performance of Phoenix FX XAU EA MT4

Phoenix FX XAU EA has showcased solid long-term profitability and excellent stability in this backtest on XAU/USD (Gold).

The EMA crossover strategy combined with intelligent grid and strong risk management delivered consistent growth on the M5 timeframe while keeping drawdown remarkably low.

• Initial Deposit: $10,000
• Total Net Profit: $10,779.80
• Win Rate: 60.51%
• Maximum Drawdown: 0.50%

Recommended Configuration for Phoenix FX XAU EA MT4

What do you get After Downloading?

• Experts Advisor:
  • Phoenix FX XAU EA_fix.ex4

🤗WISH YOU SUCCESSFUL TRADING🤗