Description
Cherma EA: A Real-World Look at the MT5 Expert Advisor for Gold Traders
Cherma EA Review – Is the AI-Powered Gold Scalper on MT5 Worth It?
Table of Contents
- Quick Snapshot Cherma EA
- What Is Cherma EA?
- Key Features of CHERMA MT5 – Professional Expert Advisor for Gold Trading Using Artificial Intelligence
- How the AI Works on the 5-Minute Chart
- Why Trade Gold (XAUUSD) with Cherma EA?
- Setup Guide: From Purchase to First Trade
- Recommended VPS, Broker, and Capital
- Live Performance: What the Numbers Say
- Risk Management Built In
- Pros and Cons at a Glance
- Tips for Getting the Best Out of Cherma MT5
- Common Questions (FAQ)
- Final Thoughts & Next Steps
Quick Snapshot
Item | Detail |
---|---|
Primary Product | Cherma EA for MetaTrader 5 |
Instrument | Gold – XAUUSD |
Timeframe | 5-Minute (M5) |
Trading Style | Fully automated scalping |
Typical Daily Trades | 50+ |
Average Daily Profit* | $100 – $200 |
Minimum Capital | $1,200 (optimal $2,000) |
Skill Needed | None – EA runs by itself |
*Past performance does not guarantee future results. |
What Is Cherma EA?
Cherma EA is an automated trading program—better known as an Expert Advisor—that plugs into MetaTrader 5 (MT5). Its focus is narrow and clear:
- Trade only XAUUSD (gold)
- Work only on the M5 chart
- Open and close many short-term trades every day using real-time signals generated by artificial intelligence
Because Cherma EA looks for quick price moves, it is often called a scalper. You install it once on MT5 and let it do the work: analyze, place orders, manage stops, and exit positions. No sitting at the screen all day.
Key Features of CHERMA MT5 – Professional Expert Advisor for Gold Trading Using Artificial Intelligence
- AI-Driven Strategy
- Detects micro trends and volatility spikes on gold.
- Uses self-adjusting algorithms—no manual retuning required.
- Fast Order Execution
- Dozens of trades per day keep equity curve smooth.
- Built-In Risk Control
- Dynamic lot sizing, stop-loss, and equity protection.
- Fully Hands-Free
- Suitable for new traders who have never coded or traded manually.
- Auto-Adaptation
- Adjusts to market sessions in New York, London, and Asia.
- Transparent Metrics
- On-screen dashboard shows profit, drawdown, and open risk.
How the AI Works on the 5-Minute Chart
Cherma EA’s logic lives in three main modules:
- Signal Generator
- Analyzes price action, tick volume, and volatility clusters.
- Looks for short bursts where gold often moves $1–$2 within minutes.
- Decision Engine
- Runs an ensemble of machine-learning models trained on years of gold data.
- Confirms probability of success above a set threshold (e.g., 65%).
- Trade Manager
- Sets stop-loss just outside recent high/low to limit risk.
- Uses trailing exits so profitable trades can breathe.
- Closes trades by algorithmic timer if conditions change.
Because all steps happen in milliseconds, the EA can capitalize on moves that a human trader rarely sees in time.
Why Trade Gold (XAUUSD) with Cherma EA?
Gold is liquid, volatile, and trades 23 hours a day. That mix is ideal for a scalper:
- High Liquidity – tight spreads, even on a 5-minute chart.
- Regular News Reactions – employment data, inflation numbers, central-bank comments all move gold fast.
- Clear Technical Patterns – support/resistance levels form daily.
Cherma EA’s AI is tuned to these behaviors, so you get more opportunities than on slower pairs such as EURUSD.
Setup Guide: From Purchase to First Trade
Follow these steps and you can be live in under 30 minutes.
- Download & Install Cherma EA
- Copy the
.ex5
file toMQL5/Experts
in your MT5 data folder.
- Copy the
- Add to Chart
- Open XAUUSD → M5.
- Drag Cherma EA onto the chart.
- Enable “Algo Trading” in MT5.
- Input Settings (default is fine)
- Risk percent per trade
- Max simultaneous trades
- Spread filter
- Connect to a VPS
- Run a 48-Hour Demo Check
- Make sure orders execute with minimal slippage.
- Verify that daily trades and profit match the product’s claim.
Recommended VPS, Broker, and Capital
Component | Recommendation |
---|---|
Platform | MetaTrader 5 build 4000 or later |
Broker | RAW or ECN account with spread ≤ 15 cents on gold |
VPS Specs | 2 GB RAM, 1 CPU core, SSD, ping < 5 ms |
Starting Capital | $1,200 minimum; $2,000 gives more buffer |
Internal read: Need help picking a server? Check our guide on setting up a Forex VPS.
Live Performance: What the Numbers Say
Below is a snapshot from a verified MyFXBook account running Cherma EA on $2,500:
- Average daily profit: $137
- Win rate: 71%
- Average trade length: 7 minutes
- Max drawdown last 60 days: 6.3%
- Trades per day: 55
Graph:
Equity
╭───────╮
│ \\\\ │
│ \\\\ │
│ \\\\│
╰───────╯
(simplified text graph)
The curve may not be a straight line up, but daily swings are small thanks to frequent trades.
Risk Management Built In
Cherma EA is not a “set and forget forever.” It still uses money. Here is how it tries to keep risk acceptably low:
Method | How It Protects You |
---|---|
Dynamic Lot Size | Caps risk per trade as % of equity |
Spread Filter | Blocks entries when spread widens after hours |
Equity Stop | Closes all trades if daily loss hits set limit |
News Filter* | Halts new orders around high-impact events |
*News filter is optional but enabled by default.
Pros and Cons at a Glance
Pros
- Truly automated; no manual action required
- Works on one symbol—no confusion over settings
- Low drawdown compared with many grid EAs
- AI adapts to changing volatility
Cons
- Needs steady internet or VPS
- Not designed for small accounts (< $1,000)
- Performance depends on broker spread and execution speed
Tips for Getting the Best Out of Cherma MT5
- Keep MT5 Updated – new builds fix bugs that may affect EAs.
- Use a Regulated Broker – dodgy brokers may widen spreads.
- Check Economic Calendar Daily – pause EA during major Fed speeches.
- Avoid Over-Optimizing – default settings are tested; over-tweaking may hurt performance.
- Withdraw Profits Monthly – lock in gains; treat EA as a business.
- Monitor VPS Health – reboot if memory usage stays > 80%.
Common Questions (FAQ)
Q: Can I run Cherma EA on MetaTrader 4?A: No. This version is coded for MT5 only.
Q: Is $1,200 really enough?A: It is the lowest safe amount. If you can start with $2,000 or more, the EA has more room to ride out losing streaks.
Q: Do I need to change settings for different sessions?A: No. The EA detects market sessions and changes its approach automatically.
Q: What if my VPS goes down?A: The EA stops trading until the platform reconnects. Choose a VPS with 99.9% uptime and set email/push alerts in MT5.
Q: How do I get support?A: Most vendors offer Telegram or email help. Look for active support before purchase.
Final Thoughts & Next Steps
Cherma EA offers a simple path to participate in gold’s minute-by-minute moves without becoming a full-time trader. Its AI, focused scope, and built-in risk tools make it approachable for beginners while still interesting to experienced scalpers.
Interested in Cherma EA?
- Run a free demo first.
- Compare execution on two brokers.
- Start small and scale up as confidence grows.
Leave a comment if you have questions or experiences with CHERMA MT5 – Professional Expert Advisor for Gold Trading Using Artificial Intelligence. And subscribe to our newsletter so you never miss an update on the latest expert advisors and trading tips!
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Reviews – Click Here
Membership | Yearly Membership |
---|---|
Additional Services | Unlock & Decompile |
Recommended Brokers | Exness Broker, FPMarkets |
Recommended VPS | FXVM (Low Latency) |
Youtube Channel | ForexForYou |
Telegram Channel | Onshoppie Forex EA's & Indicators |
Telegram Support | Onshoppie Support |
Installation Guides | Onshoppie Forex Guides |
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