Gold Scalper M1 EA V1.2 MT5

Introduction

Gold (XAUUSD) is one of the most volatile and liquid assets in forex, which makes it a scalper’s paradise. But here’s the problem: manual scalping on gold is almost impossible. Spikes happen within seconds, and human reaction time just can’t keep up.

That’s where the Gold Scalper M1 EA V1.2 MT5 steps in. This Expert Advisor is designed for ultra-fast trading on the 1-minute chart, taking advantage of tiny moves in gold prices that happen dozens of times a day. With automation, you get speed, precision, and discipline — three things manual trading often lacks.

In this blog, we’ll cover everything you need to know about this EA: features, backtests, installation steps, and why YoForex is backing it as one of the best free gold scalpers available today.

Overview

The Gold Scalper M1 EA V1.2 MT5 is a high-frequency scalping EA that runs exclusively on the M1 (1-minute) timeframe. Unlike multi-timeframe bots that spread focus, this one is built for one mission: catch micro-moves in gold with speed and accuracy.

Quick profile:

Pair: XAUUSD (Gold)
Timeframe: M1 (1-minute only)
Minimum Deposit: $200–$300 recommended
Leverage: 1:100+ recommended
Broker Type: ECN or Raw Spread brokers with tight spreads (<20 points)
VPS: Strongly recommended (<20ms latency)

This makes it ideal for traders who want consistent daily trades, instead of waiting for swing setups that may take days or weeks to appear.

Key Features

Why should you consider the Gold Scalper M1 EA V1.2 MT5? Here’s the breakdown:

• Designed exclusively for gold (XAUUSD) on the M1 timeframe
• High-frequency scalping – executes multiple trades per session
• Low spread filter to avoid bad entries during volatile times
• Optimized for ECN/Raw accounts with fast execution
• Adjustable risk settings (lot size, SL, TP)
• No martingale, no grid – trades safely with clean exits
• Tested on multiple brokers with consistent performance
• Plug-and-play with default parameters
• VPS-optimized for uninterrupted trading 24/5
• Scalping engine built to capture tiny but frequent profits
• Works equally well during London and New York sessions

Backtest & Live Performance

Backtests of Gold Scalper M1 EA V1.2 showed consistent profitability when run on the recommended settings:

Equity Curve: Smooth upward growth with no extreme drawdowns.
Win Rate: Above 70% on average, thanks to tight stop-loss and fast exits.
Drawdown: Kept under 15% even in volatile gold markets.
Trade Frequency: Dozens of trades per day, depending on session volatility.

Live Results: Traders who ran the EA on ICMarkets, Tickmill, and FPMarkets with VPS hosting reported close matches to backtests, proving the EA’s ability to adapt to real-market execution.

Installation & Setup

Here’s how to install and run the Gold Scalper M1 EA V1.2 MT5:

Download from MQL5.software.
Copy the EA file into your MT5 Experts folder.
Restart your MT5 platform.
Locate the EA under Navigator > Expert Advisors.
Drag and drop it onto a XAUUSD M1 chart.
Apply the default parameters (works well out of the box).
Ensure your broker account is ECN with low spreads.
Run it on a VPS with <20ms latency for best performance.

That’s it — the bot will now handle scalping gold automatically.

Why Choose YoForex Tools?

YoForex has always believed in delivering tested, practical, and free tools for traders. Instead of overpriced bots with flashy promises, the focus here is on performance and transparency.

With Gold Scalper M1 EA V1.2, you’re getting a bot that’s been tested across multiple brokers and market conditions, backed by the YoForex community for ongoing support and improvements.

Want more? Check out our Beginner’s Guide to Forex Bots or explore other free EAs on MQL5.software.