MEDICI v2 EA V2.0 MT4

MEDICI v2 EA V2.0 MT4 — Smart Gold Trading on M15

Platform: MT4
Pair: XAUUSD (Gold)
Timeframe: 15 minutes (M15)
Minimum Investment: $500
Recommended: VPS with low latency
Setup: Always test settings in the MT4 Strategy Tester before going live

Gold is one of the most rewarding yet volatile markets—and scalping or intraday trading it requires both precision and discipline. MEDICI v2 EA V2.0 (MT4) is a specialized Expert Advisor built for XAUUSD on the M15 timeframe, with smart automation that balances opportunity capture with account protection. Designed for traders with at least $500 starting capital, this EA is small-account friendly while still leveraging robust execution.

Core Features of MEDICI v2 EA

• Gold-Specific Optimization
  Tuned exclusively for XAUUSD, MEDICI v2 thrives on gold’s liquidity and volatility.
• Timeframe Precision (M15)
  The EA operates on 15-minute candles, allowing enough structure to avoid noise while staying active for intraday traders.
• Capital-Friendly
  Starts with as little as $500, making it accessible to smaller accounts.
• VPS-Ready
  Designed to run 24/5 on a low-latency VPS, ensuring you never miss execution during volatile gold spikes.
• Risk Controls
  Built-in hard stop-losses and order protection—no martingale, no grid stacking.
• Backtest-Friendly
  Settings are lightweight and transparent, so you can test thoroughly before live trading.
• Intraday Consistency
  The strategy thrives on repeated opportunities within the trading day, particularly during London and New York sessions.

Recommended Settings

• Timeframe: M15 (strictly)
• Symbol: XAUUSD only
• Lot Sizing: Begin conservatively—0.01 per $500 balance
• Stop-Loss / Take-Profit: ATR-based or structure-based (EA defaults are optimized; tweak only after testing)
• Risk Per Trade: 0.5%–1% of balance recommended
• Daily Loss Limit: Suggested max –3% equity cutoff to preserve account health
• Trading Hours: London + New York overlap (high volume, tighter spreads)
• VPS: Required for stability (ping <5ms preferred)

Installation Guide (MT4)

1. Download/Install MEDICI v2 EA → Save in MQL4/Experts folder.
2. Restart MT4 → Load EA from Navigator panel.
3. Open XAUUSD chart → M15 timeframe.
4. Drag EA to chart → Tick Allow Algo Trading.
5. Adjust inputs:
6. Risk % or lot size
7. Spread cap
8. Trading session filters
9. Check Experts/Journal tabs for successful initialization.

Backtesting & Forward Testing

• Start with Strategy Tester (MT4) using M15 gold data for at least 12 months.
• Pay attention to equity curve smoothness, drawdown, and profit factor.
• Run forward demo for 2–3 weeks before going live.
• Always begin live trading on the minimum lot size (0.01) until confident.

Best Practices

• Keep capital ≥ $500 (higher balances scale lot sizes safely).
• Use low-spread ECN/Raw accounts for gold.
• Run on a dedicated VPS (24/7 uptime, low latency).
• Avoid running multiple gold EAs simultaneously to prevent correlated risk.
• Respect news events (CPI, FOMC, NFP)—pause trading or add filters to avoid slippage.

Pros & Limitations

Pros

• Small-account friendly ($500 minimum)
• Specially designed for gold intraday trading
• Plug-and-play setup with VPS
• Risk-focused with no grid/martingale

Limitations

• Gold-only EA (no multi-pair)
• Requires M15 timeframe only
• VPS cost adds overhead
• Needs careful forward testing before scaling up

FAQ

Can I run it on other pairs?
No. MEDICI v2 is designed only for XAUUSD.

Is martingale or grid used?
No. This EA runs with strict risk controls.

How much should I start with?
At least $500, though $1,000+ gives better risk-to-size flexibility.

Do I need a VPS?
Yes—low-latency VPS is strongly recommended for stability.

What lot size should I use?
Start at 0.01 per $500–$1,000 balance; never exceed your risk tolerance.

Final Word

MEDICI v2 EA V2.0 MT4 is a purpose-built gold trader that blends intraday frequency with controlled risk. With a $500 entry point, M15 precision, and strict execution guardrails, it’s both accessible and powerful for traders serious about XAUUSD. If you’ve struggled with over-complicated bots or grid blowups, MEDICI v2 offers a cleaner, safer alternative—provided you respect the rules.

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Happy Trading