MT4GOLD/XAUUSDM15Low DrawdownScalping, Trend Following
Research Brief
A structured MT4 product profile with visual report, backtest metrics, strategy classification, input-parameter notes, and licensed package delivery.
Snapshot
Product
CHERMA EA V5.1 MT4
Test Period
2026.01.01 to 2026.06.01
Visual Report
Backtest visuals are placed near the top so buyers can inspect the equity curve and report screenshots before reading the full metrics table.
Backtest Metrics
| Metric |
Value |
| Platform |
MT4 |
| Symbol |
GOLD/XAUUSD |
| Timeframe |
M15 |
| Test Period |
2026.01.01 to 2026.06.01 |
| Initial Deposit |
$10,000.00 |
| Net Profit |
$0.67 |
| Return |
0.01% |
| Max Drawdown |
0.18% |
| Win Rate |
80.00% |
| Total Trades |
5 |
| Profit Factor |
1.07 |
| Risk Profile |
Low Drawdown |
MT4 Report Details
| Metric |
Value |
| Model |
Every tick (the most precise method based on all available least timeframes) |
| Modelling Quality |
90.00% |
| Spread |
50 |
| Gross Profit |
10.67 |
| Gross Loss |
-10.00 |
| Expected Payoff |
0.13 |
First Trade Records
The table shows the first available closed or balance-impacting records from the MT4 report. It is a compact execution sample, not a live-trading promise.
| Time |
Type |
Order |
Size |
Price |
Profit |
Balance |
| 2026.01.07 14:29 |
s/l |
1 |
0.01 |
4450.35 |
-10.00 |
9990.00 |
| 2026.01.08 07:30 |
s/l |
3 |
0.01 |
4420.23 |
3.23 |
9993.23 |
| 2026.01.08 14:05 |
s/l |
5 |
0.01 |
4412.24 |
3.03 |
9996.26 |
| 2026.01.13 22:35 |
s/l |
9 |
0.01 |
4570.10 |
2.24 |
9998.50 |
| 2026.01.22 01:23 |
s/l |
11 |
0.01 |
4800.44 |
2.17 |
10000.67 |
Strategy and Risk Notes
CHERMA EA V5.1 MT4 is classified from the parsed report and settings as: Scalping, Trend Following.
The classification is used for catalog filtering and research screening; it should be confirmed in MT4 before production trading.
The main risk signal is the 0.18% maximum drawdown, classified here as Low Drawdown. Review trade count, drawdown shape, spread sensitivity, broker execution, and parameter stability before deciding whether this Expert Advisor deserves forward testing.
Input Parameters
Showing 21 key parsed inputs from 21 detected settings for quick setup reference.
Meaning
Controls trading session, server-time adjustment, or day-based restrictions.
Setup Note
Incorrect time settings can shift entries into high-spread or low-liquidity periods.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Meaning
Controls trading session, server-time adjustment, or day-based restrictions.
Setup Note
Incorrect time settings can shift entries into high-spread or low-liquidity periods.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Parameter
FridayCloseHour
Meaning
Controls trading session, server-time adjustment, or day-based restrictions.
Setup Note
Incorrect time settings can shift entries into high-spread or low-liquidity periods.
Parameter
FridayCloseMinute
Meaning
Controls trading session, server-time adjustment, or day-based restrictions.
Setup Note
Incorrect time settings can shift entries into high-spread or low-liquidity periods.
Default
GOLD/XAUUSD Trend_Scalping
Meaning
Controls chart display, labels, order comments, or visual dashboard behavior.
Setup Note
Usually low trading risk, but order comments should remain unique for tracking.
Parameter
inp_magic_number
Meaning
Sets the Magic Number used to identify the EA's own orders.
Setup Note
Conflicting Magic Numbers can cause order-management overlap with other strategies.
Parameter
inp_padding_points
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Parameter
inp_max_trades_per_trend
Meaning
Limits the number of open, pending, or sequential trades.
Setup Note
Higher limits increase trade capacity but can concentrate risk during adverse markets.
Parameter
inp_super_trend_tf
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Meaning
Enables or disables the corresponding EA module.
Setup Note
Changing a module switch can materially alter entries, exits, filtering, or protection logic.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Meaning
Controls account-risk based sizing or an internal risk level.
Setup Note
A higher risk value can increase exposure, margin use, and peak-to-valley drawdown.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Parameter
inp_using_vol_scale
Meaning
Enables or disables the corresponding EA module.
Setup Note
Changing a module switch can materially alter entries, exits, filtering, or protection logic.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Meaning
Author-defined strategy input exposed by the EA package.
Setup Note
Use this setting together with the other inputs shown in the table.
Parameter
inp_max_open_orders
Meaning
Limits the number of open, pending, or sequential trades.
Setup Note
Higher limits increase trade capacity but can concentrate risk during adverse markets.
Included Package
CHERMA EA V5.1 MT4 MT4 Expert Advisor package prepared for licensed delivery after purchase.
The product is delivered after purchase through WooCommerce download permissions, with API Manager license/resource records kept for the order.
Recommended Trading Environment
For CHERMA EA V5.1 MT4, execution quality matters as much as the file itself. Use this checklist before running the MT4 expert advisor on GOLD/XAUUSD M15.
Broker execution
- Raw-spread or ECN-style conditions
- Stable GOLD/XAUUSD spread
- No abnormal requotes
VPS latency
- Hosted near broker servers
- Low ping and 24/7 uptime
- Auto restart after maintenance
Risk control
- Start with demo or small capital
- Compare live spread with test assumptions
- Size capital from drawdown tolerance
Current profile: Low Drawdown. SOFX keeps broker and VPS guidance neutral unless a partner has been separately reviewed for execution, latency, and transparency.
FAQ
Is this EA backtest a live trading guarantee?
No. This is a historical strategy test and does not guarantee future live trading results.
What symbol was tested?
The public test symbol is GOLD/XAUUSD.
What timeframe was used?
The test used the M15 timeframe.
Why can backtest results differ from live trading?
Live results can differ because of spread, slippage, execution latency, swaps, broker settings, liquidity, news events, and strategy overfitting.
What should be checked before live use?
Forward testing, broker-condition checks, parameter sensitivity testing, and account-risk limits should be reviewed before any live deployment.
What was the test period for CHERMA EA V5.1 MT4?
The public backtest profile covers 2026.01.01 to 2026.06.01 on GOLD/XAUUSD M15, with the detailed visual report and metrics shown on this page.
Was CHERMA EA V5.1 MT4 tested with tick-level or OHLC modeling?
Use the visual report on this page to review the Strategy Tester modeling details where available; tick-level modeling is generally more realistic than faster OHLC-style tests.
What justifies the $19.90 price for CHERMA EA V5.1 MT4?
The price follows the SOFX performance tier rule for Profit Under 1K products and is based on the disclosed historical backtest summary, risk profile, and package delivery.
How do I install CHERMA EA V5.1 MT4?
Download the licensed package from your account, place the file in the appropriate MetaTrader Experts folder, restart the platform, then attach it to the intended chart.
Which broker conditions are recommended?
Use a stable account with transparent commission, controlled spread on GOLD/XAUUSD, no abnormal requotes, and execution conditions close to the assumptions you plan to test.
Should I use a VPS?
A VPS near the broker server can reduce downtime and execution latency, especially for strategies sensitive to spread, slippage, or session timing.
Do I receive updates after purchase?
Downloads and license records are handled through your SOFX account. Any available package update is delivered through the product download area.
Risk Warning
This is a historical MT4 backtest, not a live trading guarantee. Use forward testing and conservative risk control before live deployment.
Conclusion
CHERMA EA V5.1 MT4 can be added to a research shortlist only after forward testing, broker-condition checks, and parameter sensitivity testing. Do not treat a single backtest as investment advice.
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