Golden Dad EA V1.0 MT4

Tired of wasting money on overpriced EAs that don’t even survive a month of real trading? That’s exactly why Golden Dad EA V1.0 MT4 exists. It’s built for traders who want consistent returns without the headache of martingale blowups or shady promises. And here’s the kicker—it’s 100% free on MQL5.software.

This EA is developed and verified by YoForex, the team that has already put dozens of high-performing bots into traders’ hands, no strings attached. Whether you’re scalping gold on M15 or diversifying with EURUSD and GBPUSD, Golden Dad EA is designed to help you stay ahead of market noise.

Overview

The Golden Dad EA V1.0 MT4 is a scalping-focused Expert Advisor optimized for XAUUSD (Gold) but flexible enough to handle major forex pairs. It works on M5, M15, and H1 timeframes, adapting to short-term volatility spikes while maintaining strict risk parameters.

Unlike the “gambling-style” bots that rely on martingale or grid stacking, Golden Dad keeps it simple: enter with precision, cut losers fast, and let winners ride with smart trailing logic. The EA is backtested across 10+ years of tick data and validated in live forward testing with stable results.

Best part? You don’t need to spend $200+ to try it out—it’s part of YoForex’s commitment to give traders powerful tools for free.

Key Features

• Optimized for XAUUSD (Gold) and top forex majors
• Works best on M5, M15, H1 timeframes
• Smart scalping engine with precise entry filters
• No martingale, no grid, no dangerous averaging
• Daily profit target around 1–2% (depending on risk setup)
• Low drawdown design (under 6% in backtests)
• Supports both fixed lots and auto lot sizing
• Dynamic trailing stop and break-even system
• Broker spread filter for clean execution
• Works on ECN, STP, and standard accounts
• Backtested across multiple brokers for robustness
• Plug & play installation—just attach to chart

Backtest Results & Proof

Pair tested: XAUUSD, EURUSD, GBPUSD
Timeframes: M5, M15, H1
Period covered: 2013–2025 (12 years of backtest data)
Average monthly return: 10–15%
Maximum drawdown: ~5–6%
Win rate: 72% across tested pairs

How to Install & Configure

Download the EA from MQL5.software.
Copy the .ex4 file into your MT4 → Experts folder.
Restart your MT4 terminal.
Open a chart (preferably XAUUSD on M15).
Drag and drop Golden Dad EA onto the chart.
Adjust settings if needed (risk %, lot size, trailing stop).
Enable AutoTrading and let the bot do its job.

Why Choose YoForex-Powered Tools?

YoForex has built a reputation for giving away high-quality EAs that other sellers charge $200–$500 for. The difference is, YoForex actually wants traders to win—because your success builds long-term trust with the brand.

You’re not just getting a bot; you’re getting access to a community, free updates, and lifetime support. Check out more free tools on YoForex’s homepage.

Support & Disclaimer

If you hit any bugs, need help with installation, or want optimized settings, we’re just a ping away:

Disclaimer: Past performance does not guarantee future profits. Trading forex and gold involves risk. Always test on a demo account before going live.