Elise Gold EA V6.2 MT4 – Adaptive Grid & Scalping Power for Gold Traders

Tired of juggling between grid systems, scalpers, and gold strategies? Elise Gold EA V6.2 MT4 solves that problem in one go. Designed by YoForex, this Expert Advisor is a hybrid powerhouse—mixing smart grid growth with pinpoint scalping precision and a gold-optimized trading engine.

Built for MetaTrader 4 (MT4), Elise Gold EA supports EURUSD, GBPUSD, and XAUUSD. Whether you prefer high-frequency scalping on the M5 timeframe or steady compounding on H1, this EA adapts smoothly. It’s fully algorithmic, yet adjustable, giving traders freedom to set risk, lot size, grid distance, and entry logic.

Unlike those overpriced robots with hidden fees, Elise Gold EA is free to download via MQL5.software. It’s a YoForex-powered tool—meaning it’s coded clean, tested on live markets, and ready for both demo and real trading.

So, if you’ve been chasing the “perfect” EA that works on both gold and forex pairs… this might be the one.

Key Features

Multi-Mode Logic – Switch between grid, scalping, or hybrid trading modes effortlessly.
Gold-Optimized Core – Built with adaptive volatility filters to master XAUUSD behavior.
Multi-Timeframe Compatibility – Runs perfectly on M5, M15, M30, and H1 charts.
Pairs Supported – Fully optimized for EURUSD, GBPUSD, and XAUUSD.
Smart Risk Manager – Controls drawdown, auto lot sizing, and max exposure per pair.
Non-Martingale Structure – Uses layered grid logic without doubling lots, ensuring lower risk.
Backtested on Live Data – Tested from 2018–2025 for real market consistency.
Spread & Slippage Filter – Avoids bad entries during volatile news or high spreads.
Daily Target Mode – Option to stop trading once a specific profit % is reached.
VPS Friendly – Low CPU usage, ideal for 24/7 VPS setups.
Prop-Firm Ready – Complies with max drawdown rules of top prop firms.
Auto News Filter (Optional) – Pauses trading during high-impact events.

With these features, Elise Gold EA makes trading almost effortless—especially for those who hate sitting at charts all day.

Backtest Results & Performance Insights

YoForex ran multiple backtests across timeframes to evaluate Elise Gold EA’s consistency. The results were impressive, especially on XAUUSD M15 and EURUSD H1, where the EA delivered stable monthly gains with minimal drawdown.

Backtest Period: 2018–2025
Pairs: EURUSD, GBPUSD, XAUUSD
Initial Deposit: $500
Average Monthly Return: 8–15%
Max Drawdown: 6.8%
Profit Factor: 2.91
Sharpe Ratio: 1.75

During the backtest, the EA showed its strongest performance on gold (XAUUSD), managing short-term spikes effectively using its volatility filter. Scalping sessions captured micro-trends, while grid logic accumulated profits during sideways markets.

On major pairs like EURUSD and GBPUSD, Elise Gold EA handled ranging markets well, using its hybrid engine to open and close positions dynamically based on trend shifts.

Live Market Testing

In live forward testing over 3 months (May–Aug 2025), the EA produced a steady 27% net gain on a $1,000 account trading gold. Trades were low frequency, averaging 5–10 entries per week. Risk control remained tight, and no trades exceeded a 3% floating drawdown.

This consistency proves that Elise Gold EA V6.2 isn’t just a hype bot—it’s built for sustainable trading performance.

How to Install & Configure

Getting started with Elise Gold EA is easy and beginner-friendly. Follow these quick steps:

Step 1: Download

Grab your free copy from MQL5.software. Save the .ex4 file to your computer.

Step 2: Copy to Experts Folder

Open your MetaTrader 4 terminal. Go to File → Open Data Folder → MQL4 → Experts and paste the EA file there.

Step 3: Refresh MT4

Restart or refresh the MT4 platform to load the new EA.

Step 4: Attach to Chart

Open a chart (preferably XAUUSD M15 or EURUSD H1). Drag Elise Gold EA V6.2 from the Navigator panel onto the chart.

Step 5: Configure Settings

Adjust:

  • Lot size or enable auto-lot
  • Grid spacing (if grid mode active)
  • Risk per trade (%)
  • Take profit & stop loss values
  • Timeframe: M5, M15, M30, or H1

Recommended Settings

  • Account Type: ECN (low spread)
  • Leverage: 1:500
  • Minimum Deposit: $100
  • Pairs: XAUUSD (best), EURUSD, GBPUSD
  • VPS: Recommended for 24/7 uptime

Once configured, let Elise Gold EA run. It manages entries, exits, and risk autonomously—no constant monitoring needed.

Why Choose YoForex-Powered Tools?

YoForex isn’t just another random developer on the internet. It’s a recognized name in algorithmic trading, with hundreds of EAs and indicators trusted by traders worldwide. Every EA released under YoForex—including Elise Gold EA—is:

  • Free to download and use
  • Backtested & verified on live markets
  • Regularly updated with community feedback
  • Supported by a global trader network

You can explore other top-rated tools like:

YoForex’s mission is simple — empower traders worldwide with free, intelligent automation.

Support & Disclaimer

If you hit a snag, need set files, or want optimization help, the YoForex support team is always online.

WhatsApp: Click to Chat
Telegram Group: Join YoForex Community

Disclaimer: Trading forex and gold carries risk. Past performance doesn’t guarantee future results. Always test EAs on demo before using them live. Manage risk and never trade with funds you can’t afford to lose.

Call to Action

Ready to boost your gold and forex profits? 
Download Elise Gold EA V6.2 MT4 today from MQL5.software — it’s completely free!

Set it up, let it trade, and experience automated consistency. For personalized help or optimization tips, reach out anytime on WhatsApp or Telegram.

YoForex – empowering traders worldwide, one free tool at a time.

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Happy Trading