Introduction

Let’s be honest—trading gold manually is hectic. Spikes, fakeouts, unpredictable news... it’s like walking on a minefield. But what if you had a reliable MT4 bot that could excel at scalping XAUUSD with smart entries and tight risk control?

Say hello to Gold Excel EA V3.0 MT4—a fully automated expert advisor crafted specifically for gold (XAUUSD) lovers. This EA cuts through noise, catches volatility, and delivers consistent trades using logic-backed momentum detection. And guess what? It's totally free to download from MQL5.software.

Developed by YoForex’s tech team, this version is built for accuracy, discipline, and efficiency on lower timeframes like M5 and M15.

Overview

Gold Excel EA V3.0 MT4 is a trend-following + momentum-based scalper bot engineered for high-frequency trading on gold charts. It thrives best during high liquidity sessions—think London and New York overlaps—and avoids trades during high-impact news via built-in filters.

Whether you’re a beginner with small capital or a prop firm scalper managing tens of thousands, this EA adapts with customizable risk controls, fast execution logic, and no nonsense.

The EA identifies micro-pullbacks and breakout zones using real-time tick flow and candle volume. Each trade is backed by a stop loss and a take profit—so no martingale tricks here.

This version (v3.0) introduces slippage protection, tighter entry logic, and more optimized default presets than any previous edition.

Key Features

• Built for XAUUSD (Gold) – best results on M5
• Ideal for scalping during London/NY sessions
• Avg. 2–6 trades per day
• No Martingale, No Grid, 100% safe money management
• Uses SL/TP per trade (dynamic adjustment)
• Smart news filter to pause during red events
• Fast execution with spread guard
• Capital protection via equity drawdown cutoff
• Works on $100+ accounts, ECN/STP preferred
• 1–2% daily profit target on default risk
• Free updates from YoForex Dev Team
• 100% free on MQL5.software

 

Backtest Results & Live Performance

This EA was stress-tested using 99.90% tick data from 2021 to 2024 on XAUUSD M5. Below is a quick overview of its backtest results:

  • Initial Deposit: $1,000

  • Net Profit: $6,840

  • Max Drawdown: 5.1%

  • Profit Factor: 2.85

  • Trade Win Rate: 82%

  • Total Trades: 870+

Alt text: Equity curve of Gold Excel EA V3.0 MT4 backtest

Live demo accounts running on low-spread ECN brokers confirm consistent win ratios during NY sessions. Many traders using this EA in prop firm challenges have passed the FTMO and MyForexFunds initial stages with stable gains.

Installation & Setup Guide

Here’s how you can get started with Gold Excel EA in under 5 minutes:

  1. Download the EA from MQL5.software

  2. Open MT4 > File > Open Data Folder

  3. Go to MQL4 > Experts and paste the EA file

  4. Restart MT4 and drag the EA onto XAUUSD M5 chart

  5. Enable AutoTrading and adjust risk/lot sizes

  6. Set parameters:

    • Trading Sessions: London/NY

    • Max Trades: 3

    • SL/TP: Dynamic or manual

  7. Don’t forget to enable DLL imports and news filter

Alt text: Gold Excel EA V3.0 MT4 settings panel annotated

 

Why YoForex-Powered Bots Make Sense

YoForex isn’t just a name—it’s a brand that’s become synonymous with free quality tools, built and tested for real traders. No fluff, no paywalls. Just solid code, live support, and regular updates.

With over 25 bots and indicators live on MQL5.software, YoForex is pushing the boundaries of what free automation can offer.

Want to learn more about the dev team or upcoming bots? Visit YoForex Official

Support & Disclaimer

Need help during setup? Bug report? Custom lot strategy advice? No worries—we’re always around.

• WhatsApp: Chat Now
• Telegram: Join Community

Disclaimer: Trading involves risk. Past results don’t guarantee future profits. Always test new EAs in demo before going live.

Call to Action

Ready to let your gold trading excel?

Don’t wait—download Gold Excel EA V3.0 MT4 today and start automating smarter. Whether you're testing in demo or scaling a funded challenge, this bot can become your daily scalping companion.

Grab it now from MQL5.software—no registration, no license key, just pure trading power.

 

 

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