Overview of Medici Forex EA
The Medici Forex EA is an automated trading tool designed for trading XAUUSD (Gold) using advanced strategies. It employs a Grid/Martingale hybrid system and standard oscillators to optimize entry and exit points.
Features of Medici Forex EA
- Utilizes standard indicators like RSI, Stochastic, and ZigZag.
- Incorporates a Safe Martingale system for risk management.
- Designed specifically for XAUUSD but can be adapted to other pairs.
- Runs on M15 timeframe for optimal results.
- Automated trading capabilities for efficient market analysis.
Requirements
- Minimum account balance: $500
- Best used on XAUUSD (Gold) pair
- Suitable for M15 timeframe, but adaptable to others
- Requires a reliable VPS for continuous operation
- Low spread account is recommended
Installation Steps
- Download the Medici Forex EA file.
- Open your MetaTrader platform (MT4/MT5).
- Navigate to ‘File’ > ‘Open Data Folder’.
- Copy the EA file into the ‘Experts’ folder.
- Restart MetaTrader and attach the EA to your chosen chart.
- Adjust settings according to your trading strategy and risk appetite.
Performance Analysis
During a backtest from February to December 2025, the Medici EA turned a $10,000 deposit into a net profit of $1,287.57, indicating a return of approximately 12.8%. The strategy maintained a high win rate of 88.89% with a controlled drawdown under 8%.
Recommendations
It’s suggested to test the Medici EA on a demo account for at least a week to understand its operation and ensure compatibility with your trading strategy before using it on a live account.