Ever feel like every robot you try wants a monthly fee, yet barely moves the needle? Tired of overpriced gizmos that promise the moon but leave you hanging? Meet Gold Ai EA V1.7 MT4, a totally free, lightning-fast Price Action scalper built to tackle XAUUSD’s wild swings head-on. Born from YoForex’s R&D lab, this multi-component masterpiece processes tick data in real time…coz speed matters when gold spikes or drops in a heartbeat. Whether you’re a newbie or a seasoned trader, you’ll love the zero-cost access and razor-sharp execution. No fluff, no hidden fees—just pure, scalping power you can trust in demo or live accounts.

Overview

Gold Ai EA V1.7 MT4 isn’t just another script—it’s a scalping virtuoso designed for short-term glory on gold charts. At its core lies a unique algorithm that fuses multiple indicators and Price Action signals, crunching market data faster than you can blink. It spots micro-trends, opens and closes positions in milliseconds, and adapts on the fly to both frenzied and calm sessions. You get to choose between a fixed lot size or let the EA auto-calculate your volume based on your risk settings; flexibility’s built right in. Tested extensively on XAUUSD M5 from 2020–2024, this EA has proven its mettle against both backtests and live-market runs. Oh, and did we mention it’s 100% free on MQL5.software? Say goodbye to pricey subscriptions and hello to YoForex’s gift to the trading community.

Key Features

  • Multi-Component Price Action Engine – Combines candlestick patterns, volatility filters, and breakout detection.
  • Lightning-Fast Execution – Trades opened/closed in under 100 ms to capture fleeting moves.
  • Adaptive Volume Control – Choose fixed lots or let it auto-size risk per trade.
  • Minimal Spread Optimized – Perfect for ECN accounts with raw spreads.
  • Volatility & Trend Filters – Avoids chop by waiting for clear directional bias.
  • No Martingale, No Grid – Keeps drawdown in check with single-order strategy.
  • VPS-Ready – For 24/7 stability (though not strictly required).
  • Customizable Risk Parameters – Set max daily loss, max trades per hour, and more.
  • Multi-Timeframe Compatibility – While optimized for M5, works smoothly on M1–M15.
  • Free Updates & Support – Regular tweaks from the YoForex team, at no cost.

Backtest Results & Proof

From January 2020 through December 2024, Gold Ai EA V1.7 MT4 was back-tested on 50 000+ XAUUSD ticks on the M5 chart. The equity curve showed a steady 210% growth with a max drawdown capped at 4.8%. Check the equity curve screenshot below to see how dips are swiftly recovered, reflecting the EA’s robust risk management.

Live-market verification ran from January to June 2025 on a real IC Markets account (raw spreads, hedging enabled). Over this period, the EA delivered an average of 1.2% daily net gains, with drawdowns never breaching 5%. These results mirror our Galaxy Gold Scalper V3.0 tests and echo the reliability you’ll find in other YoForex releases like Gold Crown Forge V1.0.

How to Install & Configure

  1. Download the EA from MQL5.software:
    Download Gold Ai EA V1.7 MT4
  2. Copy GoldAiEA_v1.7.ex4 into your MQL4/Experts folder.
  3. Restart MetaTrader 4.
  4. Drag & drop the EA onto your XAUUSD M5 chart.
  5. Adjust inputs:
  • UseAutoLot = true/false
  • RiskPercent = 1
  • MaxDailyLoss = 5
  • MaxTradesPerHour = 3

    6. Enable “Allow live trading” and “Allow DLL imports.”

    7. Click OK and watch the magic happen.

Why Choose YoForex-Powered Tools?

YoForex has spent years perfecting gold-scalping EAs, offering them absolutely free on MQL5.software. We’re not in it for a quick buck—our mission is to empower traders worldwide with cutting-edge tools. Unlike other vendors, we push regular updates based on community feedback, so you’re never stuck with outdated code. New to EAs? Check out our Beginner’s Guide to MT4 EAs for a quick primer.

Support & Contact

Support

Got a bug or question? Ping us any time on WhatsApp or Telegram:

Disclaimer

Past performance isn’t a guarantee of future results. Trade responsibly and start on a demo account before going live. YoForex and the developer aren’t liable for any losses—you’re in control of your risk.

Call to Action

Ready to turbo-charge your gold trades? Grab your free copy of Gold Ai EA V1.7 MT4 now on MQL5.software and join thousands of traders who trust YoForex. Don’t wait—the market’s moving even as you read this!

Happy Trading