Mafia EA V3.0 MT4 — Precision Gold Scalping on M5 (XAUUSD)


If you’re hunting for a clean, disciplined gold scalper that doesn’t blow up accounts during high-volatility spikes, Mafia EA V3.0 MT4 is going to feel like a breath of fresh air. Built specifically for XAUUSD on the M5 timeframe, this Expert Advisor focuses on consistent execution, smart volatility filters, and tight risk management—so you can let the algorithm do the boring work while you keep an eye on the bigger picture. Minimum capital? $1,000. After that, it’s all about settings, discipline, and letting the edge play out over enough trades.


What is Mafia EA V3.0 MT4?


Mafia EA V3.0 is a fully automated MT4 trading robot optimized for gold (XAUUSD) on the 5-minute chart. It’s built to capitalize on micro-trends and short bursts of momentum that occur multiple times per session. Instead of gambling on one big move, it seeks many small, asymmetric trades—each with predefined stops, adaptive profit targets, and a strong bias toward capital preservation.


The EA deploys:



  • A volatility gate to avoid entries during chaotic ticks.

  • Market structure filters to trade with short-term momentum.

  • Time-of-day logic that can be tuned for London and NY overlap.

  • Hard stop-loss on every position; no martingale and no “hope mode.”


Result: a strategy you can actually monitor and tweak, not a black box that “promises” 100% win rates and vanishes on NFP days.



Why XAUUSD on M5?


Gold has a personality. It trends fast, pulls back sharp, and often reverts after liquidity sweeps. On the M5 timeframe, those micro-moves show up often enough to build statistical significance without sitting through long, dead periods. Mafia EA V3.0’s filters work best in that rhythm—quick in, quick out, repeat.



  • Instrument: XAUUSD (Gold)

  • Timeframe: M5 (5-minute)

  • Minimum Deposit: $1,000

  • Broker Conditions: ECN, low spreads/commissions, fast execution recommended

  • Leverage: 1:100–1:500 (use responsibly; risk per trade matters far more than headline leverage)


Core Strategy, in Plain English


Think of the EA as a rules-first scalper that only “shows up” when conditions align:



  1. Volatility Snapshot: It reads recent candle ranges and tick speed. If the tape is too wild or too sleepy, it steps aside.

  2. Directional Bias: It detects short-term momentum using price action + moving filters (not just RSI cross memes).

  3. Entry Logic: When volatility is reasonable and bias is clear, it seeks low-risk retracement entries toward the micro-trend.

  4. Risk Controls: Every order has a hard SL. Position size is calculated from your chosen risk per trade (e.g., 0.5%–1%).

  5. Exits: Dynamic take-profit aims for a positive R:R (commonly 1:1.2–1:2) with optional trailing logic for extended pushes.


No averaging down, no grid, no martingale. Losses are clipped; wins are allowed to run (within reason).


Recommended Settings & Risk Template


These aren’t “magic numbers,” but they’re a sensible starting point:



  • Risk Per Trade: 0.5%–1.0% (new users start at 0.5%)

  • Max Concurrent Trades: 1–2 (gold can spike; keep exposure tidy)

  • Session Window: London open to NY close; consider pausing during major red-flag news

  • Stop-Loss: 150–400 points (broker digits vary) tuned by volatility filter

  • Take-Profit: Adaptive; target >1.2R on average

  • News Filter: If your setup includes one, block entries ~15–30 minutes around Tier-1 news (CPI, NFP, FOMC)

  • VPS: Yes—low latency helps fills and trailing accuracy



Pro tip: Scale lot size with balance growth instead of turning up risk per trade. Keep risk steady and let compounding do the heavy lifting.



Installation & Setup (MT4)



  1. Copy Files: Place the EA file (.ex4/.mq4) into MQL4/Experts inside your MT4 data folder.

  2. Restart MT4: Or hit File → Refresh in the Navigator.

  3. Enable Algo Trading: Make sure AutoTrading (top toolbar) is green.

  4. Attach to Chart: Open XAUUSD → M5, drag Mafia EA V3.0 onto the chart.

  5. Inputs: Set your risk per trade, time filters, and max trades.

  6. Allow DLL/Live Trading: Tick permissions in the EA’s Common tab if required.

  7. Run on VPS: Keep MT4 running 24/5 to avoid missed setups or partial trails.


Account Sizing & the $1,000 Minimum


Why $1,000? Because gold pip values can be chunky. With $1k, you can trade micro-lots responsibly while giving the EA room to set meaningful SL distances without risking oversized percentages of your equity. Smaller accounts force either too-tight stops (get chopped) or too-high risk (gets scary fast). $1,000 is a practical floor for the EA’s risk math.



Who Is Mafia EA V3.0 For?



  • Busy traders who prefer rules-based scalping with controlled risk.

  • Prop-firm challengers who need tight drawdown discipline and predictable behavior.

  • Systematic thinkers who want a clear logic they can forward-test, log, and refine.


If you’re chasing 10% a day, this isn’t your robot. If you want a repeatable edge that stacks modest gains and respects risk, welcome aboard.


Best Practices (Don’t Skip These)



  • Forward Test First: Two weeks on demo or a tiny live account. Validate fills, spreads, and broker slippage.

  • One Instrument, One Chart: Don’t run duplicate instances of the same EA on the same symbol unless the strategy explicitly supports multi-instance logic.

  • Keep Notes: Journal days to avoid (e.g., FOMC), broker maintenance windows, and any pattern in drawdowns.

  • Update Responsibly: When you tweak inputs, change one thing at a time and re-test.

  • Risk Consistency: If you’re on 0.5% per trade, don’t randomly jump to 2% after a losing streak. That’s how edges get ruined.


Example Daily Flow



  • Pre-London Check: VPS up, spreads okay, news calendar reviewed.

  • During London/NY: EA handles entries and exits; you monitor only for anomalies or news pauses.

  • End of Day: Export history, tag days (news/no-news, trending/chop), and note any broker quirks.


This rhythm makes your performance auditable. Over 50–200+ trades, variance smooths out and the system’s true expectancy shows up.


Final Word


Mafia EA V3.0 MT4 isn’t trying to be flashy. It’s a gold scalper that respects risk, filters junk volatility, and looks for clean entries on XAUUSD M5. Give it the right conditions—ECN broker, VPS, $1,000+ balance, sensible risk per trade—and it gives you a repeatable process you can actually manage. Forward-test it, keep notes, and stay consistent. That’s the real “edge.”


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Happy Trading