Feeling frustrated with overpriced gold EAs that promise the moon but barely move a pebble? You’re not alone. Tons of traders dump hundreds—even thousands—on fancy automated systems that underperform when volatility spikes or during sudden market shifts. But hey, what if there was a free, fully back-tested Expert Advisor that thrives on XAUUSD’s wild moves? Enter EGA Gold Pro 1M EA V1.9, crafted and maintained by the YoForex team. It leverages pure price action and volatility signals to hunt down gold opportunities across multiple timeframes…all without costing you a dime.

Cozy up with your demo account first—you’ll see it’s no gimmick. Whether you trade on M15, H1, H4 or D1, this EA adapts, scaling position sizes to volatility so you can target consistent gains with controlled risk. No martingale, no hidden grid, no mystery black-box settings. Just straightforward, rule-based entries and exits tuned to XAUUSD’s heartbeat. And yes, you still need a small cushion—minimum deposit of 2000 USD—but that’s pretty standard for gold bots that actually deliver. Ready to see how EGA Gold Pro can revolutionize your trading? Let’s dive in.

Overview

EGA Gold Pro 1M EA V1.9 is an MT4 Expert Advisor focused exclusively on XAUUSD. Built on YoForex’s proprietary price action engine, it scans 1-minute bars (hence “1M”) for volatility breakouts, filtering trades on higher timeframes (M15, H1, H4, D1) to avoid noise. That multi-layer approach ensures signals are aligned with broader trends, so you’re not constantly stopped out on random spikes.

Key highlights:

  • Platform: MetaTrader 4
  • Symbol: XAUUSD (Gold vs. USD)
  • Primary Timeframe: M15
  • Additional Timeframes: H1, H4, D1
  • Minimum Deposit: 2000 USD
  • Cost: 100% free download on MQL5.software

Under the hood, EGA Gold Pro measures recent ATR values to adjust stop loss and take profit dynamically—no static stops that get blown on big news. And because it’s open-source under YoForex’s free-access policy, you can review, tweak, or optimize settings yourself.

Key Features

• + Dynamic volatility-based stop loss and take profit
• + Multi-timeframe trend filter for high-probability entries
• + No martingale, no grid—just straightforward price action
• + Adjustable trade sessions (e.g., London/New York overlap)
• + Auto–lot sizing based on account equity and risk percentage
• + Built-in news filter to avoid high-impact events
• + Maximum drawdown cap (default 5%)
• + Breakout and pullback modes for varied market conditions
• + SL and TP calculated by ATR multiplier (user-configurable)
• + Partial close feature to lock in profits automatically
• + Supports backtesting on MT4 Strategy Tester
• + Fully compatible with VPS for 24/5 operation

Backtest Results & Proof

We backtested EGA Gold Pro on XAUUSD from January 2021 to May 2025, using tick data and variable spread simulation. The sample set covered 1,000+ trades on the M15 timeframe, with a starting deposit of 2,000 USD.

Results summary (demo environment):

  • Total net profit: +48.5%
  • Max drawdown: 4.8%
  • Win rate: 62%
  • Profit factor: 1.45
  • Average trade duration: 3.2 hours

Live-market verification on a small balance account showed similar performance, averaging 1–2% monthly gains with drawdowns rarely breaching 5%. You can see the equity curve and risk-vs-reward infographic below to visualize consistency vs. market swings.

How to Install & Configure

  1. Download the EGA_Gold_Pro_1M_EA_v1.9.ex4 from MQL5.software.
  2. Copy the file into your MT4 Experts folder (…\MQL4\Experts\).
  3. Restart MetaTrader 4 or refresh the Expert Advisors panel.
  4. Open an XAUUSD chart on M15 (you can attach to H1/H4/D1 too).
  5. Attach the EA to the chart, enable AutoTrading.
  6. Configure inputs:
  • RiskPercent: e.g. 1–2% per trade
  • ATR_Multiplier: default 1.5
  • MaxDrawdown: default 5%
  • SessionFilter: e.g. “08:00-17:00” for London/New York

   7. Click OK and watch it trade.

Why Choose YoForex-Powered Tools?

YoForex has been empowering retail traders since 2019, offering free access to advanced EAs and indicators without hidden fees. Our philosophy: everyone deserves professional-grade automation. We continuously update our tools—so when new market regimes emerge, you’ll get seamless upgrades. And because we maintain an open GitHub repository (link in community), you can see our development roadmap, contribute ideas, or request custom tweaks.

Partnering with YoForex means joining a community of traders who value transparency, performance, and peer support.

Support & Contact

Hit a snag? Our dedicated support team is standing by:

Disclaimer: Past performance isn’t a guarantee of future results. Automated trading carries risk—always demo test before going live and only risk capital you can afford to lose.

Call to Action

Ready to supercharge your gold trading for free? Grab your copy of EGA Gold Pro 1M EA V1.9 now on MQL5.software and join hundreds of traders profiting from XAUUSD’s volatility. With YoForex’s unlimited support, you’ll never trade alone…

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

Happy Trading