Introduction


Gold (XAUUSD) is a trader’s favorite for its volatility and consistent liquidity. But it’s also risky when traded without structure. The Magic of Golds EA V1.6 MT4 offers a unique solution with three flexible trading modes—manual, semi-automatic, and fully automated.


Whether you prefer hands-on control or a fully automated strategy, this Expert Advisor adapts to your trading style. Optimized for gold trading on MT4, it’s user-friendly, safe for small accounts, and powerful enough for larger setups.


Overview of Magic of Golds EA V1.6 MT4


The Magic of Golds EA is designed to provide flexibility and ease of use, with robust logic for gold trading.



  • Platform: MT4 (MetaTrader 4)

  • Instrument: XAUUSD (Gold)

  • Quote Support: 5-digit brokers, hedge accounts

  • Trading Modes:

  • Manual mode – user enters trades, EA manages risk.

  • Semi-automatic mode – user confirms entries, EA executes logic.

  • Automatic mode – two options: fixed lot or margin-based lot sizing.

  • Expected Results: ~10% monthly in auto mode (H1 timeframe)

  • Recommended Timeframe: H1

  • Minimum Deposit: $100+ (or 10,000 cents on cent accounts)

  • Leverage: 1:200 or higher

  • VPS: Recommended for 24/5 operation



Key Features of Magic of Golds EA



  • Three trading modes – choose manual, semi-auto, or fully automated

  • Auto mode flexibility – fixed lot or dynamic lot based on free margin

  • Optimized for XAUUSD – default settings work out-of-the-box

  • No set files required – plug-and-play design

  • Expected ~10% monthly returns – tested on H1 timeframe

  • Works with hedge accounts – full compatibility with brokers

  • Low deposit friendly – start with just $100 (cent accounts possible)

  • 24/5 VPS ready – ensures smooth and uninterrupted execution


How Magic of Golds EA Works



  1. Manual Mode – You control entries; the EA manages stop-loss, trailing, and exits.

  2. Semi-Automatic Mode – The EA identifies entries; you approve or reject them.

  3. Automatic Mode – Fully autonomous, with either fixed lot size or margin-based dynamic sizing.


All modes use optimized defaults for gold trading, requiring no additional configuration.


Performance Insights


Testing and live use suggest:



  • Monthly Returns: ~10% in auto mode

  • Best Timeframe: H1

  • Drawdown: Controlled under moderate risk settings

  • Consistency: Out-of-the-box settings optimized for XAUUSD


This makes the EA ideal for both beginners looking for simplicity and advanced traders who want a reliable gold robot.



Installation & Setup Guide



  1. Download Magic of Golds EA V1.6 MT4 from FxCracked.org.

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

  3. Copy EA file into Experts folder.

  4. Restart MT4.

  5. Attach EA to an XAUUSD H1 chart.

  6. Choose trading mode (Manual, Semi-Auto, Auto).

  7. Adjust lot/risk if needed.

  8. Enable AutoTrading.


Why Traders Choose Magic of Golds EA



  • Flexible operation – use it your way

  • No complex setup – defaults are ready to go

  • Optimized for gold – designed around XAUUSD volatility

  • Safe for small deposits – $100 entry-level requirement

  • Steady growth potential – 10% monthly in automated mode

  • Prop firm compatible – risk controls align with challenge rules

  • Trusted by the YoForex & FxCracked community


Support 


Need help or optimization?



Call to Action


If you want a flexible and powerful gold Expert Advisor that adapts to your trading style, the Magic of Golds EA V1.6 MT4 is the answer.


Download Magic of Golds EA V1.6 MT4 here


Trade gold with manual, semi-auto, or fully automated logic, and enjoy steady performance.


YoForex – empowering traders worldwide, one free tool at a time.


Join our Telegram for the latest updates and support


Happy Trading