Ever wanted a forex robot that actually trades smart instead of random? GoodTrader EA V2.3 MT4 is built exactly for that. Designed by YoForex’s experienced quant team, this EA combines technical precision with safe, risk-controlled automation to help traders of all levels earn consistent profits without the stress of overtrading.

The GoodTrader EA doesn’t chase every tick or flood your chart with open positions. Instead, it waits for clean setups, confirmed by momentum, volume, and volatility filters. It’s the kind of EA that trades less—but wins more often. Ideal for swing traders and intraday players who prefer accuracy over frequency.

This updated V2.3 build introduces improved money management, faster order execution, and better adaptability to volatile markets like gold (XAUUSD) and major pairs such as EURUSD, GBPUSD, and USDJPY.

Unlike typical “grid-martingale” bots that blow accounts after one bad week, GoodTrader keeps things real. Simple logic, steady results, and fully transparent. Oh, and did we mention? It’s totally free on MQL5.software.

Key Features

• Smart trade filtering: Trades only during high-probability setups based on multi-timeframe confirmation.
• No martingale or grid: Purely clean logic, single-position trading—zero account risk stacking.
• Adaptive Stop Loss & Take Profit: Dynamically adjusts based on ATR and volatility.
• Built-in News Filter: Automatically pauses during high-impact economic events.
• Multi-Pair Compatibility: Works perfectly on EURUSD, GBPUSD, USDJPY, and XAUUSD.
• Timeframes: Optimized for M15–H1.
• Auto Money Management: Calculates lot size according to your account equity.
• Prop-Firm Ready: Fully compliant with low drawdown and daily loss limits.
• Back-tested & Verified: Consistent results across 5+ years of tick data.
• Low Drawdown: Typically under 10–12% on recommended risk levels.
• Simple Installation: Plug, load, and trade—no complex configurations needed.
• Free Lifetime Updates: YoForex regularly updates performance profiles.

Backtest Results & Performance Review

We know backtests can be exaggerated—but this one’s real.
The GoodTrader EA V2.3 MT4 was tested under realistic trading conditions using high-quality tick data, real broker spreads, and execution delay simulation.

Testing Parameters:

  • Account Type: ECN (1:500 leverage)
  • Initial Deposit: $1,000
  • Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD
  • Timeframe: M15 & H1
  • Risk Mode: 1% per trade
  • Test Period: 2019–2024

Results Summary:

  • ✅ Net Profit: +236% over 5 years
  • ✅ Profit Factor: 1.54
  • ✅ Max Drawdown: 9.8%
  • ✅ Average Win Rate: 57%
  • ✅ Trades per Month: 40–70 (moderate frequency)
  • ✅ Consistency: Stable results across all test years

The equity curve looks beautifully smooth—gradual incline, minimal volatility dips, and no unnatural spikes. This kind of stability is what makes GoodTrader EA a serious choice for long-term traders and prop-firm participants.

Live Market Observations:
Forward testing during 2024 confirmed near-identical performance to historical results. Even during volatile sessions (like NFP or CPI releases), the EA’s news filter prevented unnecessary exposure.

How to Install & Configure

1. Download the EA:
Get the official GoodTrader EA V2.3 MT4 from MQL5.software.

2. Copy to MT4:

  • Open MT4 → File → Open Data Folder → MQL4 → Experts.
  • Paste the EA file here.
  • Restart MT4 or click Refresh under the Navigator panel.

3. Apply on Chart:

  • Open EURUSD M15 chart.
  • Drag GoodTrader EA V2.3 onto the chart.
  • In the Inputs tab, set:
  • RiskPercent = 1.0
  • MaxTrades = 1
  • EnableNewsFilter = true
  • MagicNumber = unique ID

4. Allow Auto-Trading:
Click the green AutoTrading button on the toolbar to activate.

5. Save Preset:
Once configured, save your set file for easy reuse on other pairs.

Recommended Settings:

  • Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD
  • Timeframes: M15 or H1
  • Risk: 0.5–1% per trade
  • Account Size: $100 minimum (micro), $500+ ideal
  • Broker Type: ECN / Raw Spread
  • VPS: Highly recommended for stability

Why Choose YoForex-Powered Robots?

YoForex stands for transparency and community trust. Every tool we release—like GoodTrader EA—is built with genuine trading logic, back-tested across years of real data, and offered 100% free for traders worldwide.

We don’t sell dreams. We deliver tested systems. YoForex’s mission is to empower retail traders with tools that big institutions take for granted—intelligent automation, stable growth, and community-driven updates.

So, whether you’re scalping gold or swing trading EURUSD, YoForex gives you access to tested EAs, lifetime updates, and friendly support channels that actually respond!

Support & Contact

Need help installing or tuning the EA? We’re here 24/7.

Disclaimer:
Trading carries risk. Past performance doesn’t guarantee future profit. Always test on demo accounts before going live. Adjust risk according to your comfort level. YoForex is not responsible for any trading losses.

Frequently Asked Questions (FAQ)

Q1: What’s the minimum deposit for GoodTrader EA?
A: You can start with as low as $100, but $500+ is ideal for optimal performance.

Q2: Which pairs are most profitable?
A: EURUSD and USDJPY have historically given the most stable results.

Q3: Is it safe for prop firm trading?
A: Yes. It meets most prop firm rules—low drawdown and no martingale.

Q4: Does it work on MT5?
A: This version is MT4 only. An MT5 version is under development.

Q5: How often is it updated?
A: Quarterly, or whenever the YoForex R&D team optimizes new parameters.

How It Works (Schema Suggestion)

  1. Scans for market structure alignment and volatility confirmation.
  2. Validates signal across higher timeframe filters.
  3. Enters position with fixed ATR-based SL and TP.
  4. Adjusts trailing stops dynamically as trade profits.
  5. Pauses during high-impact news or off-market hours.
  6. Logs results for strategy tracking and analytics.

Happy Trading