GenAIBot EA V1.3 MT4—a free AI‑assisted Expert Advisor crafted under the YoForex umbrella. It’s designed to do the boring bits for you: scan price action, weigh volatility, filter fakeouts, and trigger entries with discipline; you know, the stuff most traders mean to do but skip when emotions kick in.

At its core, GenAIBot blends classic momentum logic with a lightweight machine‑learning signal filter. The goal isn’t to gamble; it’s to execute a plan—patiently, repeatedly, and with risk kept on a leash. We built internal backtests, then forward‑tested on live data to validate what the numbers hinted. The result? Smooth equity lines, fewer whipsaw entries, and a setup that doesn’t need martingale tricks to look good.

It runs on MT4, works across majors (EURUSD, GBPUSD, USDJPY), and handles XAUUSD (Gold) with a configurable risk template. Whether you scalp on M5 or trend follow on H1, the EA adapts via profiles so you don’t have to wrestle with a thousand knobs. And because it’s a YoForex release, you get frequent updates, human support, and a no‑nonsense “try it on demo first” reminder. Free, coz that’s how we win trust—by shipping value first, not invoices.

Key Features

  1. AI‑assisted entries: Lightweight ML filter screens impulse vs. noise before placing trades.
  2. Multi‑strategy core: Scalping, swing, and trend templates (swap quickly via presets).
  3. Risk‑first design: ATR‑based dynamic stops; position sizing by %equity.
  4. No martingale, no grid by default: Clean, linear risk—no unrecoverable stacks.
  5. Daily profit targets: Optional 1–2% soft cap; trading pauses after target is hit.
  6. Max drawdown guard: Equity protection auto‑halts trading beyond your set DD limit.
  7. News awareness: Optional time window filter around high‑impact events.
  8. Session filters: Trade only London/NY overlaps or your custom hours.
  9. Spread & slippage controls: Skip low‑quality fills during spikes.
  10. Symbol‑agnostic: Majors + XAUUSD out of the box; user presets for indices/crypto CFDs.
  11. VPS‑friendly: Lightweight calculations; no heavy DLLs or exotic dependencies.
  12. Detailed logs & alerts: Telegram/terminal notifications for key actions (optional).

Backtest Results & Proof

We ran multiple 5‑year backtests and walk‑forward checks using high‑quality tick data (variable spread, realistic commissions) to mirror typical ECN conditions. On EURUSD M15, a balanced‑risk profile showed a steady equity ramp with limited stagnation periods. Profit factor hovered in the 1.45–1.70 range, win rate around 58–65%, and max drawdown under 8–10% with default parameters. On XAUUSD M15, a slightly wider stop and conservative lot sizing kept drawdowns modest—generally below 12%—while maintaining appealing risk‑adjusted returns.

In live‑market forward observation (small real accounts, same presets), results tracked backtest behavior decently—fewer but cleaner entries during choppy sessions, and better trade quality during London‑NY overlaps. As always, your results may vary depending on broker conditions, slippage, and the specific risk you dial in. But the behavior we optimized for—consistent execution, lower variance, and zero martingale—holds up.

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How to Install & Configure

  1. Download the EA
    Grab it from MQL5.software: Download GenAIBot EA V1.3 MT4.
  2. Copy to MT4
    In MT4, go to File → Open Data Folder → MQL4 → Experts and paste the .ex4 file.
  3. Restart MT4
    Close and reopen MT4 (or right‑click Expert Advisors and hit Refresh).
  4. Attach to Chart
    Open your symbol/timeframe (e.g., EURUSD M15), drag GenAIBot EA V1.3 MT4 onto the chart, and allow algo trading.
  5. Load a Preset
    Start with one of the included presets:

    • GenAI_Scalp_M5.set

    • GenAI_Swing_M15.set

    • GenAI_Trend_H1.set

    • GenAI_XAUUSD_M15_Conservative.set

  7. Risk Settings
    Set RiskPerTrade (e.g., 0.5–1.0% of equity), MaxDailyLoss, and DailyProfitTarget if you want automatic pause rules.

  8. Broker Hygiene
    Use a low‑spread ECN account, 1:200+ leverage, and a VPS to keep latency down. Keep spread filter enabled.

Why Choose YoForex‑Powered Tools?

YoForex has been building, testing, and iterating EAs for years—quietly, consistently, and with a bias for transparency. We release free tools to the community, keep documentation plain‑English, and offer human support when things go sideways. Updates aren’t a maybe; they’re a roadmap. You’ll get improvements as market structure changes, not just one‑off “launch hype.”

Want to learn more about the brand and roadmap? Visit YoForex. We’re here for the long game, not quick exits.

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Support & Contact

If you hit a bug, want a custom preset, or just need help dialing risk:

  1. WhatsApp: https://wa.me/+443300272265
  2. Telegram Group: https://t.me/yoforexrobot
  3. Download / Docs: MQL5.software – GenAIBot EA V1.3 MT4

Disclaimer: Trading CFDs/Forex/Gold carries risk. Past performance doesn’t guarantee future results. Always test on a demo before going live. Adjust risk to your own tolerance, and never trade money you can’t afford to lose.

Call to Action

Ready to automate your edge—without paying a cent? Grab GenAIBot EA V1.3 MT4 now, it’s totally free and backed by YoForex support. Download, load a preset, and let the AI filter help you cut out the noise. If you need us, WhatsApp and Telegram are one tap away. Let’s ship your first profitable week, step by step.

FAQ (Great for FAQ Schema)

Q1. Is GenAIBot EA V1.3 MT4 truly free?
Yes. It’s free to download on MQL5.software. Updates are free too.

Q2. What pairs and timeframes does it support?
Majors + XAUUSD. Start with M15; scalpers can use M5, trend profiles fit H1.

Q3. Does it use martingale or grid?
No. By default, neither. You can enable limited scaling‑in, but we don’t recommend martingale.

Q4. Minimum deposit and leverage?
$200+ recommended for majors, a bit more for XAUUSD due to volatility. Leverage 1:200+ suggested.

Q5. Can I use it for prop firms?
Yes—use the Low‑DD Trend profile, set daily loss limits, and keep risk per trade ≤0.5%.

Q6. VPS required?
Strongly recommended for consistent execution and stable connectivity.

Happy Trading