Golden Phoenix EA V5.0 MT4 was built to do the exact opposite—steady, controlled growth with real market adaptability. No gimmicks, no grid-based landmines, just clean trend-following logic tuned for MT4 and backed by YoForex testing.

The Golden Phoenix EA hunts for high-probability setups across multiple major currency pairs and gold, with flexible session filters and risk settings that make it both beginner-friendly and prop-firm safe. Best part? It’s 100% free to download from MQL5.software—and you’ll get unlimited support from real humans, not just an FAQ page.

Overview

Golden Phoenix EA V5.0 MT4 is a multi-pair Expert Advisor optimized for trend continuation trades. It uses a hybrid approach—price action confirmation, moving average bias, and volatility filters—to avoid chop and lock into clean directional moves.

Whether you’re trading EURUSD during London, gold during New York, or USDJPY in the Asia session, the EA dynamically adjusts position sizing and stop levels to match current volatility. This keeps drawdowns muted while allowing for compounding in trending conditions.

The YoForex dev team ran Golden Phoenix through rigorous backtests and forward tests to ensure stability across different brokers and spreads. It’s prop-firm compatible, meaning you can use it for challenges without tripping max loss rules—if you stick to the LowRisk preset.

Key Features

  • Multi-pair trend logic — works across major FX pairs and gold (XAUUSD)
  • Adaptive volatility filter — scales stop loss and take profit to current ATR levels
  • No martingale/grid — fixed fractional or fixed lot options
  • Prop-firm friendly — built-in equity & daily drawdown guards
  • Custom session filters — trade only in London, New York, or both
  • Dynamic trailing stop — locks in profits when trend accelerates
  • Spread & slippage guard — prevents trades in bad market conditions
  • Partial close system — take partial profits and let the rest run
  • Easy presets — Low, Medium, Aggressive risk profiles included
  • Lightweight code — runs smoothly on VPS and multi-chart setups

AI Gen XII EA V2.6 MT4 3

Backtest Results & Proof

  • Timeframe focus: M15 (default), H1 for swing setups
  • Risk settings: 0.5% per trade (LowRisk), 1% (Medium), 2% (Aggressive)
  • Win rate: 62–71% depending on pair and timeframe
  • Max drawdown: 6–9% on LowRisk settings
  • Annualized return (backtest): ~38% on LowRisk, ~72% on MediumRisk
  • Pairs tested: EURUSD, GBPUSD, USDJPY, XAUUSD

How to Install & Configure

Step 1 — Download
Free from MQL5.software:
Download: https://mql5.software/download/golden-phoenix-ea-v5-0-mt4

Step 2 — Install in MT4

  1. Open MT4 → File → Open Data Folder
  2. Navigate to MQL4/Experts and paste the .ex4 file
  3. Restart MT4

Step 3 — Attach to chart

  1. Choose a supported pair/timeframe (e.g., EURUSD M15)
  2. Drag EA onto chart
  3. Enable Allow Live Trading and Allow DLL imports

Step 4 — Load preset

  • LowRisk.set (prop-safe)
  • MediumRisk.set (balanced growth)
  • Aggressive.set (for experienced traders only)

Step 5 — VPS setup
Use a low-latency VPS (<5ms ping) to your broker for optimal execution.

AI Gen XII EA V2.6 MT4 1 2

Recommended Settings

  • Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD
  • Timeframes: M15 or H1
  • Sessions: London/NY overlap for FX, full NY for gold
  • Risk: 0.5–1% per trade for most accounts
  • Spread filter: ≤0.5 pips for FX, ≤20 points for gold
  • News filter: Pause 15–30 mins before/after high-impact events

Why Choose YoForex Tools?

YoForex builds and distributes professional-grade EAs like Golden Phoenix free—no hidden costs, no limited “trial versions,” and ongoing updates based on trader feedback. You get live support via WhatsApp/Telegram and access to a growing trader community.

Support & Disclaimer

Disclaimer: Trading carries risk. Past results don’t guarantee future profits. Always test in demo before going live.

Call to Action

Ready to put a disciplined trend-trader on your MT4 charts? Download Golden Phoenix EA V5.0 MT4 today, load the LowRisk preset, and let it run in trending sessions. We’ll be here to help you tweak, optimize, and monitor your results.

Download (Free): https://mql5.software/download/golden-phoenix-ea-v5-0-mt4