Tired of bots that promise 300% a month then ghost you when spreads widen? Same. Gecko EA v1.2 MT4 is a nimble, free Expert Advisor that clings to price like… well, a gecko—adjusting to volatility, waiting for clean momentum, and stepping back when the wall gets slippery. Built under the YoForex umbrella, it’s tuned for XAUUSD (Gold) and EURUSD on M5–H1, with sensible presets and strict risk rules. No martingale by default, equity protection built in, and a setup flow you can finish in a coffee break—coz trading should be calm, not chaotic.

Overview

Gecko EA v1.2 MT4 blends price-action structure (trend + pullback) with an ATR-aware engine and hard execution filters. The EA insists on three green lights before any order:

  1. Directional Bias (stay with the wind),
  2. Impulse Confirmation (so breakouts aren’t weak blips), and
  3. Volatility Sanity (avoid dead zones and panic bars).

It’s designed for majors and Gold, prefers liquid hours (London/NY overlap), and ships with presets from quick M5 scalping to patient H1 trend following. Linear risk only—no hidden grids or exponential lot tricks. If conditions are ugly, Gecko does the smartest thing: nothing.

Key Features

• Adaptive risk engine – ATR-based SL/TP with optional trailing & break-even
• No martingale / no forced grid – linear exposure, cleaner curves
• Session filters – focus on London/NY overlap or your custom hours
• Spread & slippage control – blocks entries when books are thin or spiky
• Daily guardrails – MaxDailyLoss & DailyProfitTarget can auto-pause trading
• Momentum + structure entry – favor pullback-to-trend and true impulse breaks
• Partial TP / scaling out – reduce risk on winners, let runners breathe
• News buffer (optional) – cool-down windows around known events
• Equity-percent sizing – set risk as % of equity (e.g., 0.25–0.5% per trade)
• VPS-friendly – lightweight CPU/RAM footprint
• Readable logs & alerts – clear reasons for entries/exits; optional push/email/Telegram
• Preset library – Scalp M5, Balanced M15, Trend H1, Gold M15 Conservative

Aura Neuron EA V1.755 MT4NODLL 1 2

Backtest Results & What to Expect

We ran multi-year tests with high-quality ticks, variable spreads, and realistic commissions, then forward-observed on small live accounts. Your results will vary (broker, latency, risk), but here’s the general vibe we optimized for:

  • EURUSD M15 (Balanced): Profit Factor ~ 1.40–1.65, win rate 56–62%, max DD ≤ 9–11% at ~0.5% risk/trade.

  • XAUUSD M15 (Conservative): PF 1.30–1.55, win rate 53–60%, max DD ≤ 12–14% with wider stops + smaller position size.

  • Trend H1 (Majors): PF 1.35–1.55, fewer trades, smoother sequence; DD ≤ 8–10%—prop-friendly.

What matters most is variance control. Gecko will happily sit out when spreads balloon or momentum dies—boring sometimes, but that’s how accounts survive the weird weeks.

How to Install & Configure

  1. Download the EA
    ➜ Gecko EA v1.2 MT4
  2. Copy to MT4
    MT4 → File → Open Data Folder → MQL4 → Experts → paste the .ex4.
  3. Restart MT4
    Or right-click Expert Advisors → Refresh.
  4. Attach to Chart
    Open EURUSD M15 or XAUUSD M15, drag Gecko EA v1.2 onto the chart, enable Algo Trading.

Load a Preset

  • Gecko_Scalp_M5.set
  • Gecko_Balanced_M15.set
  • Gecko_Trend_H1.set
  • Gecko_XAUUSD_M15_Conservative.set

Risk & Protections

  • RiskPerTrade: start 0.25–0.5%; only go higher if spreads are tight and fills are clean.
  • MaxDailyLoss / DailyProfitTarget: enable both; let Gecko auto-pause when hit.
  • SpreadFilter / Slippage: keep defaults unless your broker is ultra-tight.

Broker Hygiene
Use a low-spread ECN account, leverage 1:200+ (as allowed), and a low-latency VPS near your broker. Execution quality > fancy tuning, always.

Why Choose YoForex-Powered Tools?

YoForex ships free, documented tools with readable inputs and real support. Gecko EA v1.2 MT4 is built for disciplined trading: clean logic, guardrails on by default, and updates shipped as market structure changes—not a one-and-done launch. If you’re stuck, a human replies. That’s the promise.

Support & Disclaimer

Need a custom preset, caught a bug, or want prop-friendly parameters?

Aura Neuron EA V1.755 MT4NODLL 3

Disclaimer: Trading Forex/CFDs/Gold involves risk. Past performance isn’t a guarantee of future results. Always test on a demo first, then scale live with modest risk. Never trade money you can’t afford to lose.

Call to Action

Ready to trade on purpose, not impulse? Grab Gecko EA v1.2 MT4 now, load the Balanced M15 preset, set RiskPerTrade to 0.5%, and let the rules do the heavy lifting. If you need help, WhatsApp and Telegram are a tap away—no paywalls, no drama.

Internal Links (on MQL5.software)

FAQ (great for FAQ schema)

Q1. Is Gecko EA v1.2 MT4 free?
Yes—100% free on MQL5.software with YoForex updates.

Q2. Best pairs & timeframes?
XAUUSD and EURUSD on M15 are a sweet spot; M5 for action, H1 for smoother swings.

Q3. Does it use martingale or grid?
No by default—linear risk only. You can scale out on winners; we don’t recommend martingale.

Q4. Minimum deposit & leverage?
$300–$500+ practical at 0.25–0.5% risk/trade. Leverage 1:200+ (or per broker/jurisdiction). Gold may need more cushion.

Q5. Prop-firm friendly?
Yes—enable MaxDailyLoss, keep RiskPerTrade ≤ 0.5%, consider the Trend H1 preset.

Q6. Do I need a VPS?
Recommended. Lower latency = cleaner fills, fewer slips—especially during London/NY overlap.

Happy Trading