Omega Code EA V1.0 MT4 – Free Multi-Asset Trading Robot (M5+)

Introduction

Every trader dreams of finding that one EA — the one with stable performance across forex and gold, minimal drawdowns, and no “martingale trap.” That’s the inspiration behind the Omega Code EA V1.0 MT4.

Built by YoForex, this multi-asset Expert Advisor is designed to trade both currency pairs and gold (XAUUSD) on M5 or higher timeframes. It uses a coded logic that adapts to volatility, filters bad signals, and manages trades with discipline.

Best of all, it doesn’t require a huge account. While there’s technically no minimum balance, YoForex recommends starting with $200+ for optimal results.

And yes — like every YoForex release, the Omega Code EA is 100% free at MQL5.software.

Overview

The Omega Code EA V1.0 MT4 is a universal trading bot for forex pairs and gold.

  • Pairs Supported: Major/minor currency pairs + XAUUSD.
  • Timeframes: Works on M5 and higher.
  • Broker Requirement: ECN or raw spread accounts with spreads < 25 points.
  • Balance Requirement: No strict minimum, but $200 recommended.

This makes it suitable for:

  • Forex traders who want a safe EA for majors like EURUSD, GBPUSD.
  • Gold traders who need volatility-friendly automation.
  • Small accounts & prop firms, thanks to flexible capital requirements.

Key Features

Multi-Asset Trading – Works on forex pairs and gold.
Any Timeframe ≥ M5 – Scales from intraday to swing.
ECN-Optimized – Requires raw/low spread accounts (<25 points).
Smart Coded Logic – Adaptive trading strategy with filters.
No Martingale/Grid – Safer than gambling-style EAs.
Built-in Risk Management – Auto SL/TP, trailing stop, and breakeven logic.
Low Deposit Friendly – Can run on small accounts ($200+ recommended).
Prop Firm Compatible – Meets evaluation rules (low DD).
Customizable Settings – Adjust lot sizing, risk %, and TP/SL.
Free Lifetime Updates – YoForex keeps improving logic.
Full Support – Via WhatsApp & Telegram.

How It Works

The Omega Code EA uses a hybrid approach combining trend-following and volatility breakout strategies:

  1. Trend Detection – Confirms the main direction using coded moving average logic.
  2. Volatility Filter – Avoids false trades in low-volume conditions.
  3. Entry Trigger – Executes buy/sell trades when both conditions align.
  4. Exit Strategy – Uses fixed SL/TP, trailing stop, and breakeven protection.

Example

  • On EURUSD M15, EA detects bullish momentum → opens a buy.
  • SL set at 20 pips, TP at 40 pips.
  • If trend runs further, trailing stop locks in profit.
  • On XAUUSD H1, EA detects a volatility breakout → sells with SL 30 pips, TP 60 pips.

Backtest & Results

EURUSD (H1, 3 years):

  • Win Rate: 69%
  • Profit Factor: 1.88
  • Max Drawdown: 7%
  • Avg Monthly Gain: 8–12%

XAUUSD (M30, 2 years):

  • Win Rate: 70%
  • Profit Factor: 1.9
  • Drawdown: 8%
  • Avg Monthly Gain: 12–16%

Observations:

  • Performs best during London & New York sessions.
  • Requires low spreads for maximum accuracy.
  • Scales nicely across pairs & timeframes.

Installation & Setup

  1. Download EA from MQL5.software.
  2. Copy into MQL4 → Experts.
  3. Restart MT4.
  4. Attach EA to your currency pair or XAUUSD chart.
  5. Choose timeframe (M5 or higher).
  6. Enable AutoTrading.

Recommended Setup:

  • Pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, XAUUSD.
  • Timeframe: M5–H1.
  • Broker: ECN with raw spread <25 points.
  • Deposit: $200 minimum recommended.
  • VPS: For 24/7 uninterrupted execution.

Why Choose YoForex Tools?

YoForex is trusted worldwide for releasing professional-grade tools for free. The Omega Code EA V1.0 MT4 stands out because it:

  • Trades both forex & gold.
  • Works on any timeframe (M5+).
  • Requires no big account balance.

Other YoForex bots you should try:

Support 

Need help? Contact YoForex:

Call to Action

Looking for a universal trading robot that can handle forex and gold with smart risk control? The Omega Code EA V1.0 MT4 is your answer.

Download it today free at MQL5.software and start trading with the power of the Omega Code.

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

Join our Telegram for the latest updates and support

Happy Trading