Paramour Godfather EA Version P1 + SetFiles (Platform 1443+)
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What is Paramour Godfather EA?
Paramour Godfather EA Version P1 is a Scalping-based forex expert advisor designed to deliver consistent profits. The advisor is compatible with all currency pairs and Gold, and can be used with a minimum deposit of $100. The Expert Advisor (EA) boasts a news filter to avoid trading during high-impact events and offers flexible risk management options.
Paramour Godfather has the ability to dynamically adjust take profit levels based on market conditions. This ensures that traders can take advantage of short-term price fluctuations without overextending their positions.
Key Features of Paramour Godfather EA for MT4
🔹Scalping strategy: Aims to make quick profits from short-term price movements.
🔹News filtering: Avoid trading during high-impact news events to limit risk.
🔹Take profit adjustment: Dynamically adjusts Take profit (TP) levels based on market conditions.
🔹Risk control: Limit drawdown with Stop loss (SL) and profit rate settings.
🔹Low spread and commission requirements: Recommended for optimal performance.
Additional Features
🔹Combined trading strategy: Can close trades with take profit or combination.
🔹Supports all currency pairs and gold: Can be used with various trading instruments.
🔹Customizable parameters: Allows for different trading strategies and risk management approaches.
Paramour Godfather EA Version P1 MT4 Review
🔹Paramour Godfather EA has achieved impressive profit performance for about 8 months with XAUUSD. This advisor has proven its ability to stay profitable and safe on the 5-minute chart.
✅ Initial Deposit: $100
✅ Total Net Profit: $847.24
✅ Win Rate: 90.70%
✅ Maximum Drawdown: 8.80%
Paramour Godfather EA Version P1 Reviews
🔹Paramour Godfather EA has achieved impressive profit performance for about 8 months with XAUUSD. This advisor has proven its ability to stay profitable and safe on the 5-minute chart.
✅ Initial Deposit: $1,000
✅ Total Net Profit: $851.79
✅ Win Rate: 91.22%
✅ Maximum Drawdown: 3.82%
Paramour Godfather EA Version P1 MT4 Review
Recommended settings
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Currency pairs | Major Currency pairs and XAUUSD (Work on any pair) |
| Minimum / Recommended deposit | $100 |
| Time frames | M1, M5 (Work on all timeframes) |
| Minimum / Recommended leverage | 1:500 |
| Setup files | Available |
| Product type | NoDLL / Fix |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, Icmarkets Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
➡️ Reviewed by David Easton
Product Download Package?
The download package of the product suite includes:
1. Experts:
✅ Paramour Godfather EA Version P1_fix.ex4
✅ URLs.txt
2. Presets:
✅ GOLD_$100.set
✅ GOLD_$500.set
✅ GOLD_$1000.set
Conclusion
In short, Paramour Godfather EA Version P1 is a powerful scalping Expert Advisor (EA) built for traders seeking consistent profits with minimal risk. Its dynamic take-profit adjustment, advanced news filter, and strict risk management make it both flexible and reliable. Proven with a 91% win rate and low drawdown, this EA stands out as a smart, adaptive trading tool for those aiming to dominate short-term market moves.
User Reviews
Only logged in customers who have purchased this product may leave a review.
🔴 1. What is Paramour Godfather EA Version P1 and how does it work?
Paramour Godfather EA Version P1 is a fully automated scalping-based Expert Advisor for MetaTrader 4 (MT4). It trades short-term price movements across all currency pairs and Gold (XAUUSD), using a combination of news filtering, adaptive take profit, and risk control mechanisms to deliver stable, consistent profits.
🔴 2. What trading strategy does Paramour Godfather EA use?
The EA uses a scalping strategy, opening and closing trades quickly to capture small, frequent profits. It automatically adjusts Take Profit (TP) levels based on current market volatility and employs Stop Loss (SL) protection to minimize drawdowns and ensure capital safety.
🔴 3. Can Paramour Godfather EA trade during major news events?
No. The EA includes a built-in news filter that prevents trading during high-impact economic events. This feature helps avoid unpredictable volatility spikes and protects your account from unnecessary losses.
🔴 4. Which trading instruments and timeframes does it support?
Paramour Godfather EA supports all major and minor forex pairs, as well as Gold (XAUUSD). It can operate on any timeframe, but performs best on M1 and M5 charts, where short-term market movements are most profitable.
🔴 5. What is the minimum deposit and leverage required?
You can start trading with as little as $100, although higher balances allow more flexibility and lower risk. The recommended leverage is 1:500, which ensures enough margin for scalping and maintaining multiple trades efficiently.
🔴 6. How does the dynamic Take Profit feature work?
Unlike fixed TP systems, Paramour Godfather EA dynamically adjusts Take Profit levels based on real-time market volatility. When markets are stable, it targets smaller gains; when volatility increases, it widens profit targets to capture bigger moves without excessive exposure.
🔴 7. Does Paramour Godfather EA use risky strategies like Martingale or Grid?
No. The EA does not use Martingale or Grid systems. It focuses on controlled risk management using Stop Loss and adaptive profit-taking methods, which provide a balanced approach between safety and profitability.
🔴 8. What are the backtest and live performance results?
Backtests show excellent consistency and low drawdown.
✅ For example, with a $100 deposit, it achieved $847.24 net profit, 90.70% win rate, and 8.80% drawdown over 8 months.
✅ With a $1,000 deposit, it achieved $851.79 net profit, 91.22% win rate, and a low 3.82% drawdown, proving high stability and safety.
🔴 9. What kind of broker is recommended for optimal results?
To maximize scalping efficiency, it’s best to use a low-spread, ECN broker with fast execution speed and low commissions. This helps the EA enter and exit trades at the best possible prices, reducing slippage during high volatility.
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