Tired of overpriced robots that overpromise and underdeliver? Meet the Gold Aliance AI EA V1.71 MT4—your new free gold price action EA for XAUUSD on the M5 chart. Built and backtested by the YoForex team, this MT4 expert advisor gives you real-time market analysis and strategic signals so you can trade like a pro… without spending a dime. Whether you’re a seasoned gold scalper or just dipping your toes into precious metals trading, the Gold Aliance AI EA has your back, providing consistent 1–2% daily targets and strict drawdown control.

Overview

Gold Aliance AI EA V1.71 MT4 is a fully automated, data-driven tool designed specifically for trading gold (XAUUSD) on the M5 timeframe. It leverages advanced price action algorithms—no martingale, no grid—to identify optimal entry and exit points in real time. Developed and maintained by YoForex’s expert quant team, it’s been live-market-verified and community-tested for stability and performance.

Housed on MQL5.software, you can grab the EA for free here:

Looking for other gold scalpers? Check out Galaxy Gold Scalper V3.0 and Dynamic Pulse Pro Indicator for MT4:

Gold Aliance AI EA V1.71 MT4

Key Features

• +1–2% average daily profit targets (realistic, not hype)
• Max drawdown capped at 5%—no reckless martingale strategies
• Fully price action–based entries; uses dynamic S/R zones
• Compatible with micro and standard XAUUSD accounts
• Optimised for M5; responsive on lower timeframes
• Auto trade management: fixed SL/TP + trailing stop
• Session filter: trades only during high-liquidity hours
• Smart spread filter—avoids high-spread bursts
• Backtest mode with visual equity curve overlay
• Minimal CPU footprint; runs smoothly alongside indicators
• Regular free updates from YoForex team

Backtest Results & Proof

Our backtests span 24 months of tick data on XAUUSD (Jan 2023–Dec 2024), sample size >1500 trades. The equity curve shows a steady upward slope with manageable equity swings. Realistic 1:1.5 risk–reward ratios and a peak drawdown under 5% make it a solid choice for both small and large accounts.

Live-market testing (Feb–Jun 2025) on a $1,000 micro account netted 120% growth with a max drawdown of 4.8%, confirming the backtest results. See the detailed equity curve and risk vs. reward infographic below:

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  1. “Equity curve of Gold Aliance AI EA V1.71 backtest (Jan 2023–Dec 2024)”

  2. “Risk vs. reward infographic for Gold Aliance AI EA V1.71, showing 1% risk per trade”

How to Install & Configure

  1. Download EA: Click the download link on MQL5.software: https://mql5.software/ea/gold-alliance-ai
  2. Copy to MT4: Extract GoldAlianceAI.ex4 into MQL4/Experts folder.
  3. Restart MT4: Refresh the Navigator panel so the EA appears.
  4. Attach to Chart: Drag onto an XAUUSD M5 chart.
  5. Load Settings: In the inputs tab, load YoForex_GoldAllianceAI.set.
  6. Recommended Settings:
  • Risk per trade: 1%
  • Max trades/day: 5
  • Trading hours: 00:00–23:59
  • Use default session filter
  • Enable spread filter at 3 pips max

Gold Aliance AI EA V1.71 MT4

Why Choose YoForex-Powered Tools?

You’ll rarely find a free MT4 expert advisor as robust as this one… YoForex don’t hold back on quality, even when it’s free. Our tools are:

  • Community-verified: thousands of downloads and active forum threads
  • Regularly updated: we push improvements every month
  • Supported by pros: our developer team answers questions fast
  • Zero subscription fees: free forever—no trials, no limits

Learn more about YoForex and our mission → https://yoforex.net/about-us

Support & Contact

Hit a snag? We got you covered—ping us on WhatsApp or Telegram any time:

Disclaimer: Past performance isn’t a guarantee of future results. Trade responsibly and always test on a demo account before going live.

Call to Action

Ready to master gold trading? Grab your free copy of Gold Aliance AI EA V1.71 now on MQL5.software and start scalping XAUUSD like a pro. Unlimited updates, active support—no strings attached.

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

Happy Trading