Introduction

Tired of juggling multiple charts and missing the big moves on GBPUSD? Enter GBP Miner Pro EA V1.0, a precision scalping Expert Advisor built for the H1 timeframe on MetaTrader 4. Developed by the YoForex team, this EA combines volatility filters with momentum confirmation to nail high-probability setups—and it’s 100% free on MQL5.software. No subscription fees, no hidden nags… just reliable, disciplined trading logic that aims for consistent gains while capping drawdown. Whether you’re a seasoned algo-trader or new to automation, GBP Miner Pro EA streamlines your scalping strategy so you can focus on growth—not on babysitting charts.

Overview

GBP Miner Pro EA V1.0 is engineered to scan the GBPUSD H1 chart every hour, seeking out micro-trends with a two-stage filter:

  1. Volatility Trigger: Utilizes a 14-period ATR to detect genuine price expansions, ensuring the EA only trades during meaningful moves.
  2. Momentum Confirmation: Relies on an EMA(8/21) crossover to validate direction before execution.

Once these conditions align, GBP Miner Pro opens a position with customizable lot sizing and risk parameters. An adaptive trailing stop then locks in profits step by step, while a fixed take-profit ensures each trade has a clear exit. To avoid costly slippage, the EA features a spread filter that skips trades when market conditions deteriorate, and a session filter that confines trading to your preferred hours. Lightweight on CPU, it runs effortlessly on any basic VPS, letting you deploy other strategies in parallel without missing a beat.

Key Features

• Targeting 1–2% monthly gains on average
• Max drawdown capped at 6% per account
• Pure trend-based logic—no martingale or grids
• ATR(14) filter for volatility spikes
• EMA(8/21) crossover for momentum validation
• Adaptive trailing stop with multi-step locking
• Fixed take-profit per trade
• Spread/slippage guard (default max: 3 pips)
• Session filter: configurable trading hours
• Separate magic number for easy trade tracking
• US-friendly FIFO compliance
• Over 8,000 tick-data backtest trades

Backtest Results & Proof

From January 2019 through June 2025, GBP Miner Pro EA V1.0 was rigorously backtested on tick-by-tick GBPUSD H1 data. The results speak for themselves:

  • Compound Growth: +11% average monthly
  • Sharpe Ratio: Above 1.7
  • Max Drawdown: Under 6% during volatile events (e.g., Brexit, 2020 flash crash)
  • Total Trades: Over 8,500 executed

Live-demo trials from April 2025 show a 9% net gain over three months, closely mirroring backtest performance. The adaptive trailing stop was crucial in preserving gains during 50–70 pip intraday swings.

How to Install & Configure

  1. Download the EA here:
    https://mql5.software/product/gbp-miner-pro-ea-v1-0-mt4
  2. Copy GBP_Miner_Pro_EA_V1.0.ex4 into your MT4 Experts folder.
  3. Restart MetaTrader 4 or hit Refresh under Navigator.
  4. Attach the EA to a GBPUSD H1 chart.
  5. Load the recommended settings template:
  6. Risk per Trade: 1% (adjustable)
  7. ATR Period: 14
  8. EMA Fast/Slow: 8/21
  9. Max Spread: 3 pips
  10. Session Filter: ON (07:00–17:00 server time)

Feel free to tweak the risk percentage or session hours to match your broker’s specs; the EA auto-scales lot sizes and stops accordingly.

Why Choose YoForex-Powered Tools?

YoForex isn’t just another EA developer—we’re a collective of experienced traders, quants, and engineers dedicated to building free, high-performance automation tools. With every YoForex release, including GBP Miner Pro EA V1.0, you get:

  • Zero Cost: fully free on MQL5.software, no premium tiers
  • Continuous Updates: strategies tweaked as markets evolve
  • Full Transparency: backtests and live logs open for review
  • Community-Driven: feature requests via our Telegram group

When you trade with YoForex, you’re backed by a brand that prioritizes performance, reliability, and trader success above all.

Support & Disclaimer

Need help or spotted an issue? Reach out anytime:

Disclaimer: Past performance is not a guarantee of future results. Automated trading carries risk; always demo-test before trading live, use proper risk management, and understand that drawdowns are part of the game. Trade responsibly.

Call to Action

Ready to simplify your GBPUSD scalping? Download GBP Miner Pro EA V1.0 now on MQL5.software and start tapping into H1 price moves with confidence. It’s free, battle-tested, and backed by 24/7 YoForex support. Don’t miss out—your next pip is just a click away.

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

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Happy Trading