Tired of missing those fast scalp entries on gold or forex? Or worse… overpaying for bots that promise a 90% win rate and deliver 90% drawdown? We've all been there.
But now, meet Fast Gold Scalper EA V1.11 MT4 – your new free go-to scalping beast, built for high-frequency, lightning-fast trades on gold (XAUUSD) and all major forex pairs. Fully optimized by the YoForex team, this EA hits hard on low timeframes like M1, M5, and M15… with brutal precision and minimal lag.
Best part? It's totally free on MQL5.software – no signup gimmicks, no hidden costs. Just plug, play, and scalp!
Overview – What Is Fast Gold Scalper EA V1.11 MT4?
The Fast Gold Scalper EA V1.11 is a Metatrader 4 Expert Advisor engineered specifically for low-latency scalping. It's especially deadly when deployed on XAUUSD, but equally efficient across major currency pairs like EURUSD, GBPUSD, USDJPY, and others.
It blends fast price-action logic, spread detection, and time-sensitive entry/exit conditions—meaning it doesn't just chase candles—it predicts micro-shifts and acts in milliseconds.
YoForex developed this EA for hyperactive traders—those who love the M1–M15 battlefield and want results now, not after 50 drawdown trades.
Oh, and it’s not some recycled grid/martingale mess. It runs on clean logic, no martingale, no overleverage, and with smart stop-loss placements, it keeps capital safe.
Key Features of Fast Gold Scalper EA
• + Built for XAUUSD & all major forex pairs
• + Scalping logic tailored for M1, M5, and M15 timeframes
• + No martingale, no grid, no doubling down
• + Works well even in volatile or sideways markets
• + Smart spread filter & slippage control
• + 1–2% average daily target on well-optimized settings
• + Uses time-restricted trading windows for optimal entry
• + Auto lot size calculation or manual override
• + Dynamic stop-loss and take-profit trailing logic
• + Clean, resource-light coding – won’t lag your MT4
• + Default set file works right out of the box
• + Fully compatible with prop firm challenge conditions (FTMO, MyForexFunds, etc.)
Backtest Results & Proof of Performance
During a 12-month backtest period on XAUUSD M1, using a $1000 account and default risk setting, Fast Gold Scalper achieved:
- Average monthly profit: 14–22%
- Max drawdown: under 6%
- Win rate: ~81%
- Avg trade duration: 5–15 minutes
- of trades/month: 100–200 depending on spread and volatility
These results were verified on live tick data with variable spreads, reflecting realistic market behavior.
Here’s a quick glance at what the equity curve looked like:
Live accounts running this EA (especially on VPS setups with sub-50ms latency) have reported similar performance. Of course, nothing beats testing it on your own demo first before going live.
How to Install & Configure
Wanna get started with Fast Gold Scalper EA in under 5 minutes? Here’s how:
Step-by-Step Installation
- Download the EA from the official page on MQL5.software
- Open your MT4 platform
- Go to File > Open Data Folder > MQL4 > Experts
- Paste the FastGoldScalper.ex4 file
- Restart MT4
- Drag the EA onto your XAUUSD or any major pair chart (M1–M15)
- Enable AutoTrading
- Load the recommended set file (included in download)
Why Choose a YoForex-Powered EA?
At YoForex, we believe every trader—newbie or pro—deserves access to world-class trading tools without burning a hole in their wallet.
All our EAs, including Fast Gold Scalper, are:
- Built and tested by real traders
- Offered 100% free with no time limit
- Updated regularly to match market dynamics
- Backed by a helpful Telegram and WhatsApp community
- Prop-firm-friendly by default
Visit yoforex.net to check out our full library of free tools!
Support & Disclaimer
If you run into setup issues, bugs, or just want optimization tips – we’ve got your back:
- WhatsApp: Click to Chat
- Telegram: Join YoForex Community
Call to Action
Ready to scalp gold like a pro?
Don’t miss out on this FREE, battle-tested scalping machine.
Download Fast Gold Scalper EA V1.11 Now from MQL5.software
Join 10,000+ traders already riding the gold wave with YoForex.
YoForex – empowering traders worldwide, one free tool at a time.
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