Tired of shelling out big bucks for half-baked EAs? Meet Orion Gold Scalper V4.5 MT4, your new secret weapon for XAUUSD scalping—100% free on MQL5.software. Imagine slicing through gold’s volatility with a tool that’s been battle-tested in both backtests and live markets by the YoForex team… Sounds sweet, right? Well, it gets even better. You’ll enjoy near-instant entries, razor-sharp exit logic, and rock-solid money management; all without martingale. No fluff, no hidden fees—just pure, efficient scalping power. Let’s roll!

Overview

Orion Gold Scalper V4.5 MT4 is a lightweight, fully automated gold scalper EA designed for MT4. Built by YoForex’s veteran developers, it zeroes in on small intra-day moves in the XAUUSD market, targeting 1–2% daily gains while capping drawdowns at 5%. Unlike many robots that rely on fancy curve-fitting, Orion’s algorithm analyzes real-time price action, volatility bursts, and session overlaps to identify high-probability setups.

The EA is optimized for low-spread brokers and thrives on live tick data. It manages risk on a per-trade basis, adjusting lot sizes dynamically or letting you pick a fixed volume if that’s more your style. It’s coded in MQL4 with efficiency in mind, so CPU load’s minimal—perfect if you’re running multiple EAs or other indicators. Whether you’re a weekend warrior or a full-time trader, Orion Gold Scalper V4.5 MT4 brings simplicity and performance together, without the subscription fees that nickle-and-dime you.

Key Features

Let’s dive into the features that make Orion Gold Scalper V4.5 stand out:

• +1–2% daily profit targets on XAUUSD
Max drawdown capped at 5% (no martingale)
• Real-time volatility spike detection
• Adaptive position sizing: fixed or automatic
• Session filter for London/New York overlap
• Built-in spread and slippage guard
• No grid, no averaging—pure price action
• Low CPU footprint; perfect for VPS or local PC
• Compatible with MT4 hedging accounts
• Fully back-tested on 10+ years of tick data

Backtest Results

We pushed Orion Gold Scalper V4.5 MT4 through its paces on 10 years (2013–2023) of XAUUSD tick data. The equity curve reveals a smooth upward trajectory, with minimal equity dips—max drawdown stayed under 5%. Over 1,000 sample trades, the EA delivered an average monthly return of 15%, net of spreads and commissions.

But backtests alone don’t tell the whole story. In live-market verification (Jan–Jun 2025), Orion ran on IC Markets with raw spreads, logging a 12% profit in demo and 10% on a small live account. Consistency was the name of the game: winning trades hovered around 65% with an average risk-reward ratio of 1:1.8. So yeah, the results look just as sweet in the real world!

How to Install & Configure

Getting up and running with Orion Gold Scalper V4.5 MT4 is a breeze:

  1. Download the EA from MQL5.software:
    https://mql5.software/orion-gold-scalper-v4-5
  2. Copy OrionGoldScalperV45.ex4 into your MT4’s Experts folder.
  3. Restart MetaTrader 4.
  4. Attach the EA to an XAUUSD M5 chart.
  5. Open the inputs panel and choose either auto lot sizing or set a fixed volume.
  6. Enable “Allow live trading” and confirm DLL imports if prompted.

For recommended settings, check out the annotated panel screenshot. If you’re new to EAs, our Beginner’s Guide to EA Trading walks you through every detail.

Why Choose YoForex-Powered Tools?

At YoForex, we believe in zero-cost access to professional trading tools. Orion Gold Scalper V4.5 MT4 isn’t just free; it’s backed by ongoing updates, community feedback, and robust support. Our team actively monitors market shifts—so when gold’s volatility regime changes, the EA gets tuned. You won’t find hidden premium tiers or surprise renewals; it’s one download, lifetime of value.

Support & Contact

Hit a snag? Need tweaks or just want to chat strategy? We’ve got you covered:

Feel free to ping us at any hour—our devs and veteran traders hang out there, sharing insights and helping each other out.

Call to Action

Ready to supercharge your gold trading? Download Orion Gold Scalper V4.5 MT4 now, slap it on your chart, and watch your XAUUSD trades come alive! It’s 100% free, totally transparent, and backed by the YoForex promise of unlimited support. Don’t wait—grab your copy today and start scalping smarter, not harder.