Golden Phoenix EA v5.0 MT4 vs SetFiles (Platform build 1441+)

What is Golden Phoenix EA?

Golden Phoenix EA is an Expert Advisor (EA) for MetaTrader 4 (MT4) that automates Forex trading with smart technical indicators and strong risk controls. It’s highly customizable, letting you adjust settings to match your style, fine-tune risk-reward ratios, tweak indicator sensitivity, and adapt to different market conditions. Designed for precision and discipline, Golden Phoenix EA helps you trade with confidence and keep your strategy on track.

Version: New Version
The Right Platform: Meta Trader 4 (MT4)
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Key Features

• Indicator-Based Trading: Uses Moving Averages (MA) and Relative Strength Index (RSI) to follow the trend and gauge market momentum.

• Clear Risk & Reward: Every trade has a fixed stop loss and take profit, so you always know your potential risk and reward.

• Trailing Stop Protection: A trailing stop moves with the price to lock in profits as the market moves in your favor.

• Consistent Lot Size: Trades use a fixed lot size for stable risk, no matter how your account balance changes.

• Volatility Filter: An ATR-based filter avoids trades in low or extreme volatility, helping adapt to changing market conditions.

Golden Phoenix EA Review

Golden Phoenix backtest trading test with $500 capital:

✅ Timeframe: 4 Hours (H4)
✅ Period: September 2, 2024 – July 1, 2025
✅ Total Net Profit: $1,436
✅ Maximal Drawdown: 16.32%
✅ Win Rate (Profit Trades): 92.50%

Golden Phoenix EA backtest trading test with $1,000 capital

✅ Timeframe: 4 Hours (H4)
✅ Period: September 2, 2024 – July 1, 2025
✅ Total Net Profit: $2,810.88
✅ Maximal Drawdown: 27.09%
✅ Win Rate (Profit Trades): 93.75%

Golden Phoenix EA backtest trading test with $2,000 capital:

✅ Timeframe: 4 Hours (H4)
✅ Period: September 2, 2024 – July 1, 2025
✅ Total Net Profit: $4,664.81
✅ Maximal Drawdown: 25.10%
✅ Win Rate (Profit Trades): 93.75%

Golden Phoenix EA Setting

1. Lot & Risk Settings

• Fixed Lot Size (Tamanho fixo do lote): 0.1
  The EA will always trade with a fixed lot size of 0.1 lots.
  Tip: Adjust according to your account size and risk tolerance.

2. Risk Management

• Stop Loss (SL): 150 points
  The EA will automatically close losing trades when the price moves 150 points against the position.

• Take Profit (TP): 300 points
  Winning trades are closed automatically when 300 points of profit are reached.

• Trailing Stop: 100 points
  Once the trade moves in profit by 100 points, the stop loss will trail the price, locking in profits.

3. Technical Indicators

• Moving Average Period (Período da Média Móvel): 34
  Used to identify the main market trend.

• RSI Period (Período do RSI): 14
  Measures market momentum for overbought/oversold conditions.

• RSI Overbought Level: 70
  The EA considers the market overbought above this level.

• RSI Oversold Level: 30
  The EA considers the market oversold below this level.

• ATR Volatility Filter Period: 14
  Helps the EA avoid trading during low-volatility conditions.

4. Trade Execution

• Magic Number: 123456
  Unique ID to distinguish EA trades from manual trades.

• Slippage Allowed: 3
  Maximum price deviation (in points) allowed when opening trades.

5. Display Settings

• Panel Color: Navy
  The on-screen info panel will appear in navy blue.

• Font Size: 8
  Sets the text size on the panel.

In the Downloads folder, there are:

1. Experts:

✅ Golden Phoenix EA.ex4

2. Presets:

✅ Golden.set
✅ Golden_$500_Low Risk.set
✅ Golden_$500_Medium Risk.set
✅ Golden_$500_High Risk.set
✅ Golden_$1,000_Low Risk.set
✅ Golden_$1,000_Medium Risk.set
✅ Golden_$1,000_High Risk.set

>>> Reviewed by Micheal Elliot

Conclusion

Golden Phoenix EA is a smart, reliable trading tool designed for consistent results in the Forex market—especially on gold (XAUUSD). It combines proven indicators like MA and RSI with solid risk controls, including fixed SL/TP, trailing stops, and ATR-based volatility filters, to keep trading disciplined and adaptive. With fully customizable settings, it’s easy to adjust the EA to fit your strategy and risk level, whether you’re new to trading or already experienced.