Tired of risky gold bots that blow up your account overnight? Meet Conservative Miner EA, a free MT4 Expert Advisor from YoForex that’s all about steady gains and minimal drawdown. No flashy promises… just solid back-tested strategies designed to mine profits from XAUUSD with surgical precision. If you’ve been burned by over-leveraged EAs or martingale mayhem, you’ll appreciate the low-risk approach here—coz preserving capital is half the battle, right? In this post, we’ll dive into what makes this gold scalper tick, check out real backtest stats, and show you exactly how to install & configure it. Plus, you’ll see why YoForex-powered tools are a cut above the rest.

Overview

Conservative Miner EA V1.0 MT4 is a purpose-built gold scalping EA that targets small, consistent profits on XAUUSD… think 1–2% daily returns with a max drawdown of just 5%. It skips high-risk tactics like grid or martingale, opting instead for tight entries based on multi-timeframe trend filters and volume analysis. Developed by the YoForex team, this EA has been put through rigorous backtests and live-market trials to ensure it performs reliably—even during whipsaw conditions.

At its core, the EA monitors H1 and M15 charts simultaneously, looking for confluence signals before opening positions. You’ll get built-in money management—auto-lot sizing based on your risk settings—and an intelligent trailing stop to lock in profits as soon as the market moves in your favor. Whether you’re a beginner checking out free expert advisors on MQL5.software’s Expert Advisors section or a seasoned scalper hunting for a fresh approach, this tool’s got you covered. And if you need a primer on Expert Advisors, check our Beginner’s Guide to EAs.

 

Key Features

• +1–2% daily profit targets on XAUUSD
• Max drawdown capped at 5% (no martingale)
• Multi-timeframe trend filter (H1 & M15)
• Volume spike detection for precise entries
• Dynamic lot sizing and risk management
• Intelligent trailing stop and breakeven function
• No grid or averaging—pure scalping logic
• Works on any MT4 broker with XAUUSD symbol
• One-click “Safe Mode” for demo/live toggle
• Fully adjustable settings via input panel

Backtest Results & Proof

We ran Conservative Miner EA across 5 years of tick-data backtests on XAUUSD (2018–2023), sampling over 10,000 trades to validate performance. The equity curve shows a smooth upward slope with very few large dips, peaking at a 150% net return and a maximum drawdown of just 4.8%. It nails the sweet spot between profit and protection—coz you don’t wanna chase flashy gains at the cost of wiping out your balance.

Live-market trials on a demo account mirrored these results, averaging about +1.5% per day and a risk-reward ratio near 1.8:1. You can grab the full backtest report—including detailed trade logs and drawdown tables—directly on the MQL5 download page. If you wanna see how the curve actually looks, scroll down to the backtest section after installation.

 

How to Install & Configure

  1. Download the EA from its MQL5.software page: Conservative Miner EA V1.0 MT4 Download
  2. Open MT4 → File → Open Data Folder → MQL4 → Experts.
  3. Copy ConservativeMinerEA.ex4 into the Experts folder.
  4. Restart MT4, then drag & drop the EA onto an XAUUSD H1 chart.
  5. In the Inputs tab, set your RiskPercent, MaxTrades, and SafeMode as desired (see screenshot).
  6. Enable AutoTrading and hit OK—the EA’s live.

 

 

Tip: Start in demo with RiskPercent at 0.5% until you get comfy, then slowly ramp up.

Why Choose YoForex-Powered Tools?

YoForex isn’t just another EA maker—our reputation’s built on transparency and continuous improvement. Every free Forex EA we release goes through multiple iterations based on user feedback, so you get updates that actually matter. Plus, we don’t lock features behind paywalls; Conservative Miner EA is 100% free on MQL5.software, and we keep the source code updated for anyone to review. If you value trust, ongoing support, and a community of traders sharing insights, you’ll feel right at home with YoForex.

Support & Contact

Hit any bugs or got questions? Ping us on WhatsApp at https://wa.me/+443300272265 or join our Telegram group https://t.me/yoforexrobot. We aim to respond within 24 hours—tho usually way sooner. Remember: past performance isn’t a guarantee of future results. Always demo-test before going live, and never risk more than you can afford to lose.

Call to Action

Ready to start low-risk gold scalping without spending a dime? Grab your free copy of Conservative Miner EA V1.0 MT4 now on MQL5.software and see why traders worldwide trust YoForex for stable, consistent profits. Install today, tweak your settings, and let the mining begin!

Alt Text Suggestions

  1. Backtest equity curve screenshot – “Equity curve of Conservative Miner EA V1.0 MT4 backtest (2018–2023).”
  2. Risk vs. reward infographic – “Risk-reward distribution chart of Conservative Miner EA performance.”
  3. Annotated MT5 settings panel – “MT4 Expert Advisor inputs panel with Conservative Miner EA recommended settings highlighted.”
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