Omega Code EA V1.0 MT4 – Smart Forex & Gold Trading Robot


Introduction


Trading forex and gold can be both profitable and challenging. Market volatility, unexpected news events, and broker spreads often ruin even the best manual strategies. To solve this, the Omega Code EA V1.0 MT4 was developed — a smart, automated trading system designed for currency pairs and gold (XAUUSD).


This expert advisor is flexible enough to run on the M5 timeframe or higher, and works best with ECN or Raw Spread accounts where spreads are under 25 points. With no minimum balance requirement, it’s perfect for both small and large accounts, though we recommend starting with at least $200 for stability.


Overview of Omega Code EA V1.0 MT4


The Omega Code EA is a fully automated MetaTrader 4 expert advisor that blends scalping, trend-following, and smart money management into one strategy.


It’s optimized to adapt to different market conditions and provides consistent entries and exits across forex majors, minors, and gold.


Highlights:



  • Pairs: Currency pairs + Gold (XAUUSD)

  • Timeframes: Works best on M5, but usable on any TF

  • Broker Requirement: ECN/Raw Spread accounts (<25 points spread)

  • Min Balance: No limit, but $200 recommended



Key Features



  • Multi-Asset Support – Works on forex pairs and gold.

  • Any Timeframe Compatible – Optimized for M5 but flexible across charts.

  • No Minimum Balance – Can run on micro or large accounts.

  • Advanced Risk Management – SL, TP, trailing stops, and balance protection.

  • No Martingale/Grid – Safe, single-trade entries.

  • Dynamic Money Management – Lot sizing adjusts by account balance.

  • Broker-Sensitive Design – Works best with ECN/raw spread brokers.

  • Customizable Inputs – Adjustable risk %, trading hours, and filters.

  • Stealth Mode – Hides SL/TP from broker servers.

  • 24/7 Automated Trading – Lightweight EA for VPS use.


How Omega Code EA Works


The EA combines trend direction filters + volatility detection:



  1. Market Scan: Identifies trend bias and volatility levels.

  2. Signal Confirmation: Confirms setups with entry filters (momentum + price action).

  3. Execution: Places orders with stoploss and take profit.

  4. Dynamic Risk Control: Adjusts lot size and trade frequency based on spread/conditions.

  5. Exit Strategy: Uses TP, trailing stops, or reversal detection.


This layered approach makes the EA robust in trending, ranging, or volatile conditions.


Backtest & Performance Insights


In backtests across EURUSD & Gold (2018–2024, M5 timeframe):



  • Profit Factor: 1.93

  • Win Rate: ~71%

  • Max Drawdown: 9.2%

  • Monthly ROI: 7–12% (moderate risk)

  • Best Conditions: ECN brokers with spreads <25 points


Performance remained stable during volatile periods like the 2020 pandemic and 2022 gold rally.


Best Settings & Usage Tips



  • Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD.

  • Timeframe: M5 recommended, but adaptable to H1/H4.

  • Deposit: No minimum; $200+ recommended.

  • Leverage: 1:100 or higher.

  • Broker: ECN or Raw Spread (<25 points spread).

  • Risk Settings: 1–2% per trade.

  • Extra Tip: Avoid running during major news spikes (FOMC, NFP).



Installation Guide



  1. Download Omega Code EA V1.0 MT4 from FXCracked.org.

  2. Open MT4 → File → Open Data Folder → MQL4 → Experts.

  3. Paste .ex4 file into Experts folder.

  4. Restart MT4.

  5. Attach EA to your chosen pair/timeframe (M5 recommended).

  6. Enable AutoTrading.

  7. Adjust lot size, risk, and broker settings.


Why Choose YoForex & FXCracked Tools?


YoForex + FXCracked provide trading tools trusted worldwide because:



  • Free lifetime downloads.

  • Backtested & live-tested strategies.

  • No martingale/grid blowups.

  • Continuous updates to adapt to market shifts.

  • Support community on WhatsApp & Telegram.


If you’re a beginner, check our Beginner’s Guide for step-by-step instructions.


Support 



Call to Action – Download Now


Looking for a smart, flexible EA for forex and gold? The Omega Code EA V1.0 MT4 is designed for M5 or any timeframe with strong risk management.


Download Free from FXCracked.org
 Join our support community on WhatsApp & Telegram.


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Happy Trading