Finding a forex EA that balances profitability and safety can feel like looking for a needle in a haystack. That’s where Elise EA MT4 V6.2.04 comes in. Designed by the YoForex team, this bot takes advantage of refined strategies, careful risk management, and reliable entries to help traders maximize returns without unnecessary exposure.

And the best part? You can download it for free from MQL5.software. No subscriptions. No hidden costs. Just a reliable Expert Advisor ready to run on your MT4 terminal.

Overview

Elise EA MT4 V6.2.04 is built for traders who want consistent performance across multiple forex pairs. Its algorithm is engineered to spot high-probability setups and enter the market with minimal slippage. Whether you’re running it on majors like EURUSD and GBPUSD, or venturing into gold trading with XAUUSD, Elise adapts.

The system is prop firm ready and has been backtested across more than a decade of data, ensuring stability under different market conditions. With automatic lot sizing, spread filters, and trailing stops, Elise EA requires little manual input—just set it up and let it trade.

Key Features

• Optimized for EURUSD, GBPUSD, XAUUSD
• Works best on M5, M15, and H1 timeframes
• No martingale, no grid – trades with clean risk profiles
• Smart entry algorithm with volatility filters
• Average monthly returns between 8–15%
• Drawdown capped under 7% in tests
• Prop firm ready (FTMO, MyForexFunds compatible)
• Fixed or auto-lot options with adjustable risk %
• Spread and slippage protection for brokers
• Break-even & trailing stop profit-lock system
• Full backtest and forward test validation

Backtest Results & Proof

  • Pairs tested: EURUSD, GBPUSD, XAUUSD
  • Timeframes: M5–H1
  • Test period: 2012–2025
  • Win rate: ~74%
  • Profit factor: 1.85
  • Max drawdown: 6.8%
  • Average monthly return: 10–12%

How to Install & Configure

  1. Download the EA from MQL5.software.
  2. Place the .ex4 file in MT4 → Experts folder.
  3. Restart MT4 and open a supported pair chart.
  4. Attach Elise EA to the chart (M15 or H1 recommended).
  5. Adjust inputs like risk %, lot size, and trading hours.
  6. Enable AutoTrading.

Why Choose YoForex-Powered EAs?

Unlike most vendors charging hundreds for bots, YoForex provides professional-grade EAs free of cost. Elise EA is just one of many tools available at YoForex.net, backed by constant updates and live-market validation.

The focus is on helping traders succeed—whether they’re retail traders, prop firm challengers, or long-term investors.

Support & Disclaimer

Need help? We’ve got you covered.

Disclaimer: Trading carries risk. Past results don’t guarantee future outcomes. Always test EAs in demo before going live.

Call to Action

Stop overpaying for bots that overpromise and underdeliver. With Elise EA MT4 V6.2.04, you’re getting a battle-tested, prop firm-ready Expert Advisor for free.

???? Download Elise EA MT4 V6.2.04 Free at MQL5.software

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

Happy Trading