
EA Magic Choice is an MT4 expert advisor that uses RSI and support and resistance levels to time entries on XAUUSD and several USD pairs, mainly on H1 and H4 charts. It can add recovery orders, so lot and equity settings need care.
Get one message the moment it launches, with its price.
EA Magic Choice is an automated trading tool for MetaTrader 4. It looks for entries using an RSI reading together with support and resistance levels, and it is designed mainly for gold (XAUUSD) and a handful of USD currency pairs on the H1 and H4 timeframes.
The expert advisor opens trades when its entry conditions line up. Three entry modes are available: an automatic mode, an RSI-based mode and a support and resistance mode. This lets you decide whether the EA reacts to momentum readings, to price levels, or to its own default logic.
The EA can also build a series of orders. The distance between orders is set by a fixed-distance input, and a lot multiplier increases the size of recovery trades. Multiplying lots after a losing position raises exposure quickly, so this part of the system deserves the most attention when you configure it.
The developer recommends XAUUSD, EURUSD, GBPUSD, AUDUSD and NZDUSD, with USD pairs preferred, on H1 or H4 charts. The news filter is described as working only when gold uses the symbol name XAUUSD, so check what your broker calls it. Brokers differ in spreads, execution and symbol naming, which can change how the EA behaves.
Confirm the exact input names and defaults in the strategy tester or the inputs window after loading the EA. The main groups are listed below.
| Setting | Purpose |
|---|---|
| Trade Buy / Trade Sell | Restrict trading to one direction |
| New Series | Stops new trades after all open trades close |
| Entry 1, 2, 3 | Auto, RSI or support and resistance entry logic |
| Magic Number | Identifies the EA's own orders |
| Fix Distance | Gap between orders in a series |
| Use Money Management | Switches between automatic lot percentage and fixed lots |
| Start Lots / Lot Multiplier / Max Lot | Initial size, recovery multiplier and size cap |
| Take Profit / Stop Loss | Exit levels in pips |
| Use Equity Stop | Closes everything at a set equity risk level |
| Daily Profit Target | Pauses trading for the day once reached; zero disables it |
| Use Trailing Stop | Trails stops once a trade is in profit |
Recovery orders and lot multipliers can lead to large drawdowns if the market keeps moving against a series. Keep the maximum lot low, use the equity stop, and size your account to the symbol you trade. Test on a demo account with your own broker before using real funds.
Trading leveraged products carries a significant risk of loss, and you can lose all of your capital. Past results do not predict future ones. Only trade with money you can afford to lose.
For continuous operation, run the terminal on a VPS or a computer that stays online with a stable connection.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 (MT4) |
| Strategy focus | Gold or XAUUSD, Momentum, Support and resistance |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (automated trading) |
| Markets | XAUUSD, EURUSD, GBPUSD, AUDUSD, NZDUSD |
| Timeframes | H1 and H4 |
| Trade style | Momentum and support and resistance entries with recovery orders |
| Entry logic | RSI filter plus support and resistance levels |
| Suggested balance | Developer suggests 500 USD or more; 1000 USD for gold on a standard account |
| Requirements | MT4 terminal, algo trading enabled, stable connection or VPS |
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No. This product is built for MetaTrader 4 and will not run on MT5. If you trade on MT5, look for a version made for that platform instead.
The developer recommends H1 and H4 charts on XAUUSD, EURUSD, GBPUSD, AUDUSD and NZDUSD, with USD pairs preferred. Test any other symbol on a demo account first.
The news filter is described as working only when the gold symbol is named XAUUSD. If your broker uses a different name such as GOLD, the filter will not apply, so plan around major news manually.
The developer suggests at least 500 USD, and about 1000 USD for XAUUSD on a standard account. These are guidelines, not safe limits. Your broker, leverage and lot settings all affect the risk, so test on a demo account first.
Only if you understand how the automatic lot percentage works. With it off, the fixed start lot is used. Because the EA can open recovery orders with a multiplier, begin with small lots and a defined equity stop.
Copy the expert file into the MQL4/Experts folder through File, Open Data Folder in MT4, then restart the terminal or refresh the Navigator. Attach it to a chart and allow algo trading.
EA Magic Choice
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