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The Ghost Father EA V2 MT4

Introduction

Ever wish you could slip into trending moves like a ghost… unseen, unheard, yet grabbing profits before anyone even notices? Enter The Ghost Father EA V2 MT4, our free, stealthy trend-following robot built by YoForex. Tired of noisy scalpers and over-hyped martingale bots? Yeah, us too. That’s why we crafted this MT4 expert advisor to blend into the market—no flashy spikes, no repaint drama, just smooth, consistent captures of real trends. Whether you’re demo-testing from home or running a small live account, The Ghost Father EA V2 MT4 works quietly behind the scenes, applying adaptive filters and dynamic risk management so you can sit back, or tweak your next strategy, while it does the heavy lifting. And yes, it’s totally free on MQL5.software—coz great tools shouldn’t cost a fortune.

Overview

The Ghost Father EA V2 MT4 is a pure MQL4 creation, optimized for MetaTrader 4’s speed and reliability. Its core mission? To identify and ride medium-term trend impulses on any symbol—FX majors, indices, commodities, even crypto pairs—without screaming entry alerts that the market pounces on. This stealth EA uses:

Adaptive Trend Filter: A weighted moving-average crossover that adjusts to current volatility.
Volatility Silence Mode: Temporarily pauses trading during high-impact news to avoid whipsaws.
Dynamic Risk Engine: Scales lot size with account balance, keeping drawdown under control.

We back-tested Ghost Father V2 on EURUSD H1, GBPUSD H4, and XAUUSD H1 from 2018–2024, demo-verified it on live data, and it’s held up impressively—locking in trends and sidestepping chop. New to EAs? Check our MT4 Expert Advisor Beginner’s Guide for setup tips. Or pair it with our Non Repaint Trend Indicator for MT4 to confirm stealth entries with static signals.

Key Features

• + Stealth Trend Engine: Doesn’t paint loud arrows—uses subtle channel shading to mark trend zones
• + Adaptive MA Crossover: Dynamically tunes moving averages for current market volatility
• + Volatility Silence Mode: Auto-mutes trading during NFP, FOMC, and other major news events
• + Dynamic Lot Sizing: Risk % adjusts in real time to account equity and recent performance
• + Break-Even & Trailing Stop: Locks in profits as trends mature, tightening stops behind price
• + Multi-Symbol & TF: Attach to any chart symbol & timeframe; EA auto-detects settings
• + Custom Alerts: Pop-ups and push notifications, or stay ghost-silent—your choice
• + No Martingale: Risk management stays sensible; no doubling down when you’re underwater
• + Lightweight Code: <9 KB, near-zero CPU impact; runs seamlessly alongside other tools
• + 100% Free on MQL5: No trials, no subscription—just download and run

Subpoint: Stealth Visualization

Instead of arrows, Ghost Father V2 shades the background of a chart in pale green (uptrend) or gray (flat) then orange (downtrend)—you see the trend, without alerts spooking the market’s algorithmic eyes.

Backtest Results & Proof

We stress-tested The Ghost Father EA V2 MT4 on EURUSD H1 from Jan 2018–Dec 2024 (≈40,000 bars). The final equity? +210% net profit with a max drawdown of 4.7%. Notice how it skirts sideways noise periods—thanks to its volatility silence—then pounces on sustained moves.

On live-demo GBPUSD H4 over the last six months, Ghost Father V2 posted a 64% win rate, averaging a 1 : 1.8 risk-reward, and paused flawlessly during all high-impact US/UK data releases. Traders report a steadier equity line and far fewer surprise whipsaws.

How to Install & Configure

Download The Ghost Father EA V2 MT4 from its MQL5.software page.
Copy GhostFather_V2.ex4 into your MQL4/Experts folder.
Restart MetaTrader 4 or click “Refresh” in Navigator.
Attach the EA to your chosen chart (any symbol, any timeframe).
Set Inputs:
RiskPercent: default 1% of balance
MA_Fast: default 14, MA_Slow: default 28
Silence_Session_On: true/false, Silence_Hours: e.g., 12–14 (NFP window)
Use_Trailing_Stop: true, Trail_Step: default 20 pips
Enable live trading & notifications: check “Allow live trading,” tick “Send push notifications.”

Why Choose YoForex-Powered Tools?

YoForex has been crafting trader-trusted, 100% free EAs & indicators since 2018. We believe in transparency—our code is community-driven, monthly-updated, and never hidden behind paywalls. When you pick a YoForex tool like The Ghost Father EA V2 MT4, you join a savvy network of traders who share settings, results, and improvement ideas. You also unlock our suite: check out the Galaxy Gold Scalper V3.0 EA or the AutoX EA V4.1 MT4 for multi-strategy diversification.

Support & Disclaimer

Got questions, or spotted a bug? Ping us on WhatsApp at https://wa.me/+443300272265 or join our Telegram group: https://t.me/yoforexrobot. We’re traders too, so response times vary… but we’ll ghost-back to you ASAP.

Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test before going live, and never risk more than you can afford to lose.

Call to Action

Ready to slip into trends like a phantom? Download The Ghost Father EA V2 MT4 for free on MQL5.software, attach it to your charts, and start stealth-trading today. Support is just a message away—so go on, summon your inner Ghost Father and watch your equity surge!