Mafia EA V3.0 MT4

Mafia EA V3.0 MT4 — A Focused XAUUSD M5 Scalper Built for Consistency

If you’ve been hunting for a gold-focused Expert Advisor that doesn’t overcomplicate things, Mafia EA V3.0 for MT4 might be your new go-to. This bot is built specifically for XAUUSD on the M5 timeframe, balancing quick entries with layered risk controls to keep you in the game when gold gets jumpy. It’s not one of those “set and pray” systems; it’s rules-driven, adaptable to spread and volatility, and friendly to traders who value clear parameters. With a recommended minimum deposit of $1000, the EA aims to deliver steady participation in the market while keeping drawdowns in check.

What Is Mafia EA V3.0 MT4?

Mafia EA V3.0 is an automated trading system (Expert Advisor) optimized for MetaTrader 4. It focuses on XAUUSD and operates best on the M5 chart, where gold’s intraday swings are frequent enough to create opportunities, but the signal noise can still be filtered with the right logic. The EA’s core idea is to catch momentum bursts and controlled pullback continuations—without resorting to martingale or other high-risk “catch-up” methods.

Who Is It For?

Traders who primarily trade gold (XAUUSD) and want an MT4-based solution.

Intraday participants who prefer multiple, smaller edge plays over one giant bet.

Prop-firm aspirants who need tighter risk management and rule-based entries.

Traders who want an EA that they can monitor and optimize, not a black box.

How Mafia EA V3.0 Approaches the Market

Strategy Snapshot

Signal Logic: A blend of short-term momentum plus micro-structure confirmation (recent highs/lows and volatility filters).

Trade Direction: Both long and short, with trend detection to avoid trading directly into heavy counter-trend pressure.

Volatility Control: Dynamic trade filters that throttle entries during abnormal spread spikes or illiquid minutes.

Money Management: Fixed or percentage-based lot sizing with hard stop-loss and adaptive trailing stop. No martingale; no grid stacking against trend.

Session Awareness: Optional filters to prioritize London and New York overlaps, when gold’s liquidity is richer and slippage risk is lower.

Why M5 for Gold?

Gold tends to deliver several meaningful micro-moves per session. On M5, Mafia EA V3.0 can participate frequently enough to compound without overstaying in trades. The timeframe also allows the EA to reset bias quickly if volatility conditions change.

Key Features

XAUUSD-Optimized Entries: Rules tuned for gold’s pace and spread behavior on M5.

No Martingale / No Reckless Grid: Risk stays linear and predictable.

Hard SL + Adaptive Trailing: Capital protection first; lock-in when price runs.

Spread & Slippage Filters: Skip low-quality conditions and news-shock spreads.

News Window Blocker (Optional): Choose to pause before/after high-impact events.

Position Sizing Modes: Fixed lots or %-risk per trade for flexible scaling.

Daily Loss/Profit Guard: Stop trading for the day after a defined threshold.

Time-Window Control: Enable/disable trading in specific sessions.

Magic Number Segregation: Clean portfolio management if you run multiple EAs.

Detailed Logging: Transparent logic with trade annotations for review.

Account Requirements & Broker Conditions

Platform: MetaTrader 4 (MT4).

Symbol: XAUUSD only.

Timeframe: M5 (strictly recommended).

Minimum Deposit: $1000 (more is better if you plan to use %-risk sizing).

Leverage: 1:200 or higher is helpful, but manage risk carefully.

Broker: Low-spread, low-slippage broker with fast execution. Raw/ECN accounts typically suit gold scalping best.

VPS: Strongly recommended to keep latency down and the platform stable.

Installation (MT4) & First-Time Setup

Add Files: Open MT4 → File → Open Data Folder → MQL4 → Experts. Copy the Mafia EA V3.0 .ex4 or .mq4 file into Experts. If there’s an indicator bundle, place those in MQL4/Indicators.

Restart MT4: Close and reopen MT4 so it recognizes the EA.

Chart Setup: Open an XAUUSD chart and set the timeframe to M5.

Attach the EA: Drag Mafia EA V3.0 from the Navigator → Experts onto the chart.

Allow Live Trading: In the EA settings, enable “Allow live trading” and, if used, “Allow DLL imports.”

Load a Preset (Optional): If the EA comes with a preset, load it for a quick start.

Check Smiley Face: Ensure the smiley in the top right is happy (AutoTrading enabled).

Recommended Settings (Baseline)

These are starting points—always forward test and adjust to your risk appetite.

Lot Size: 0.01–0.05 per $1000 (or use 0.5–1.0% risk per trade).

Stop-Loss: 300–500 points (MT4 points) depending on broker digits/spread; aim to place SL beyond recent micro-structure.

Take-Profit: 450–900 points with partial close at 1R if your broker allows; let the remainder trail.

Trailing Stop: Start trailing after +250–300 points; step trail tighter if momentum persists.

Max Concurrent Trades: 1–3 to limit exposure during fast spikes.

Daily Loss Limit: 3–5% (EA halts trading for the day when hit).

Time Filters: Focus on London and NY sessions; avoid the first minutes after major news.

Risk Management & Prop-Firm Notes

Risk Per Trade: Keep it small—0.5% to 1% is typical for prop rules.

Daily Drawdown: Set the EA’s daily stop well under the prop rule to allow buffer for slippage and platform quirks.

News Discipline: If your prop firm enforces news restrictions, use the EA’s news/time windows.

Consistency > Aggression: Small gains that compound beat boom-and-bust weeks.

Backtesting & Forward Testing Tips

Quality Data: Backtest with high-quality tick data (variable spreads) to mimic gold’s real behavior.

Walk-Forward Check: Validate on multiple months and different market regimes (quiet, trending, choppy).

Forward Demo: Run the EA on a demo VPS for at least 2–4 weeks. Confirm execution quality, average spread, and slippage.

Refine Trailing: Many improvements come from tuning the trailing logic: start trigger, step size, and partial exits.

Avoid Over-Optimization: Don’t twist parameters to fit one month perfectly; aim for broad robustness.

Strengths & Limitations

What You’ll Like

Focused design for XAUUSD M5—no scattershot logic.

Risk-first approach with hard SL and no martingale.

Session and spread filters that help avoid “bad” minutes.

Clear guardrails (daily stop, max trades) for disciplined execution.

Keep in Mind

It’s not a magic wand—XAUUSD can whipsaw; losing days happen.

Needs a solid broker + VPS for best fills.

Works within controlled parameters; manual overrides can disrupt the edge.

Final Thoughts

Mafia EA V3.0 MT4 keeps things sharp and specific: XAUUSD, M5, disciplined rules. That focus is a feature, not a bug. If you want a rule-driven gold bot that respects stop-losses and avoids dangerous recovery tactics, this EA checks the right boxes. Start on a demo, measure your broker conditions, and iterate your trailing logic—then scale responsibly. Consistency first; growth next.