What's included

  • Installation guideStep-by-step PDF with screenshots
  • Optimised presetsReady-to-use configuration files
  • Future updatesIncluded free when we receive them
  • Email supportHelp with setup and technical issues
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.
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What our customers say

Selected Trustpilot feedback about CheaperForex support, setup and service.

Since 2019 in business 28,000+ customers served

Cherma EA MT4

Cherma EA for MT4 is an AI-powered expert advisor that scalps XAUUSD on M5, executing over 50 trades daily.

It’s fully automated, adapts to changing market conditions, and shows consistent daily profits backed by verified MyFXBook tracking and 1-year backtests.

The Download Package Includes:
+ Expert: Cherma EA (.ex4) – Version 1.1
+ Pairs/Timeframes.txt
+ How to Install MT4 files.pdf

More Information:
+
https://www.mql5.com/en/market/product/143002

Live Performance Signal:
+ https://www.myfxbook.com/cherma-mt4/

Original price was: $399.00.Current price is: $89.95.

 
Card price. Apple Pay and Google Pay accepted.
Pay with crypto and it is  20% off at checkout
  • Instant download from your account the moment checkout completes. The files stay in your customer portal.
  • Official version, with future updates included free when we receive them. You never pay twice for the same product.
  • 7-day money-back guarantee if it fails to install or run. Setup help by email whenever you need it.
Orders over $300 include 3 months of PrismAlgo EA MT5, free Our cloud-connected EA for 28 FX pairs, Gold and Bitcoin. Added to your cart automatically. PrismAlgo.com
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Need Help? Message us on Telegram, or contact us

What's included

  • Installation guideStep-by-step PDF with screenshots
  • Optimised presetsReady-to-use configuration files
  • Future updatesIncluded free when we receive them
  • Email supportHelp with setup and technical issues
7-day money-back guarantee. If the EA fails to attach to your chart because of errors we can replicate, you get a full refund. Trading results are not covered.

💡 Introduction to Cherma EA for MT4

Cherma EA for MT4 by Hicham Chergui is a cutting-edge expert advisor that leverages artificial intelligence to trade gold (XAUUSD) on the M5 timeframe with impressive accuracy and consistency. Designed for traders who want fast-paced, high-frequency scalping, Cherma EA operates on full autopilot with zero manual input required.

Unlike traditional strategies, Cherma doesn’t rely on fixed indicators or static signals. It uses real-time price interpretation powered by AI to generate actionable entries and exits, adapting continuously to evolving market conditions.


⚙️ Key Features

  • Artificial Intelligence Core – Real-time price behavior analysis and trade signal generation

  • 📊 50+ Trades Per Day – High-frequency execution for rapid profit compounding

  • 💵 $100–$200 Average Daily Profit – Real-world returns verified on MyFXBook

  • 📉 Smart Risk Management – Built-in capital protection and drawdown control

  • 🔁 Adaptive Logic – Automatically adjusts to live market volatility

  • 🛠️ Plug-and-Play – No complex setup or trading knowledge needed


🎯 Key Benefits

  • 🧠 AI-Driven Accuracy – Avoids outdated technical setups; makes decisions like a seasoned trader

  • 🚀 Scalable Growth – Designed for rapid account growth, even from $1,200

  • 🔒 Safe Yet Profitable – Maintains balance between daily profit and drawdown (~27%)

  • 💻 Runs Smoothly on VPS – Set it and forget it trading with 24/7 uptime

  • 📉 No Martingale or Grid – Clean, controlled execution strategy


📈 Proof of Results

✅ Backtest Performance (Aug 2024 – Jul 2025):

  • Initial Deposit: $1,000

  • Net Profit: $46,312,648

  • Profit Factor: 1.92

  • Total Trades: 201,130

  • Winning Trades: 31.8%

  • Modeling Quality: 57.5%

  • Drawdown: 5.5%

  • Average Gain per Trade: $15,114.21

Cherma EA MT4 Backtest Report for XAUUSD August 2024 to July 2025
Cherma EA MT4 Backtest Report for XAUUSD August 2024 to July 2025
Cherma EA MT4 Backtest Tick Details
Cherma EA MT4 Backtest Tick Details

✅ Live MyFXBook Signal (CHERMA MT4 – EXNESS):

  • Gain: +18.5% this month

  • Drawdown: 27.9%

  • Win Rate: 77%

  • Equity: $2,825

  • Profit (This Month): $443.84

  • Average Daily Gain: 1.31%

  • Broker: EXNESS (US Cent)

  • Updated: Live, every few hours

Cherma EA MT4 Live Performance Statistics
Cherma EA MT4 Live Performance Statistics

❓ Frequently Asked Questions (FAQ)

What account type is best for Cherma MT4?
Use a RAW/ECN or Cent account with fast execution. EXNESS Cent is recommended.

Is this suitable for beginners?
Yes. It’s fully automated and beginner-friendly. Just install and let it run.

Does it use grid or martingale?
No. Cherma uses fixed lot entries with smart stop-loss management.

What’s the minimum deposit?
$1,200 is the absolute minimum. $2,000 is recommended for stable performance.

Can it be used for prop firm challenges?
Due to high trade volume and drawdown, it’s not optimized for prop firms out of the box.


🔍 Reviews from Traders

⭐️⭐️⭐️⭐️⭐️
“This EA pumps! I’ve made over 15% in two weeks. Non-stop trades, but my VPS handles it fine.”
— Adil K.

⭐️⭐️⭐️⭐️⭐️
“Very impressed with how quickly Cherma makes profits. My favorite part is the low starting capital requirement.”
— Simon J.

⭐️⭐️⭐️⭐️⭐️
“I’ve used dozens of EAs. This is one of the few that delivers consistently without wild swings. Smart and solid.”
— Maria L.


🏁 Conclusion

Cherma EA for MT4 is a professional-grade AI scalper designed to thrive in fast gold markets. With over 50 trades per day, verified live profits, and powerful internal logic, this is an EA for traders who want daily income, not just hope.

Set it up on your VPS, load it on XAUUSD M5, and let it work 24/5. No signal copying, no second-guessing—just automated gold trading with real intelligence.

Pre-Purchase FAQs

Are updates always free?

Yes, all updates are completely free—you'll never pay twice.

We receive updates from developers and upload them to your account when they're available. Please be patient, as we're managing hundreds of products at discounted prices. More popular products are updated more frequently.

All versions are stored in your account for easy access.

What's your refund policy?

We offer a 7-day technical guarantee. If the EA fails to attach to your chart due to verified errors we can replicate, we'll issue a full refund.

However, we cannot refund based on trading performance or profit expectations—forex markets are unpredictable, and results vary by broker, spread, and market conditions. We provide tools, not guarantees.

I need assistance installing this?

Yes, we'd be happy to assist you!

We can advise you on the best settings for your account or create custom presets tailored to your needs. Additionally, we offer a one-time free installation service using AnyDesk for remote setup.

Please note, however, that we cannot provide advice on how to make money with any of our products.

Can I use this on multiple accounts?

Absolutely. Once you purchase, the EA is yours to use on unlimited live and demo accounts—no restrictions.

You can run it on multiple brokers, VPS servers, or trading accounts simultaneously.

There are no license limits or activation keys. Buy once, use everywhere.

How do I download after payment?

After successful payment, your product will be available for download instantly:

  • Displayed on the screen immediately after checkout
  • Emailed to the address you provided during purchase
  • Stored in your account if you created one at checkout

In rare cases (about 1% of high-value premium products), orders may be held for manual review to prevent fraud. If you don't see a download link, contact us for assistance.

Is this an original product?

Yes, absolutely.

We do not sell fake products, and our customer reviews, along with our pricing, reflect the quality and authenticity of what we offer.

Why Traders Trust Us

Excellent on Trustpilot
4.5★ from real customers
In Business Since 2019
28,000+ customers served
Instant Access
No group buys or waiting
7-Day Refund Policy
For product errors
Remote Installation
We can install for you
Flexible Payments
Cards, Apple Pay, Crypto

Reviewed by Our Trader

Picture of Peter Jones

Peter Jones

Peter Jones is a full-time trader, forex software developer, and founder of CheaperForex.com. With over 10 years of experience in algorithmic trading, he helps traders gain an edge using reliable EAs and strict risk control.
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