Pharaoh Gold EA V1.07 MT4 – Free Gold Breakout Bot

Tired of overpriced robots that over-promise and blow accounts when volatility spikes? Same. That’s why Pharaoh Gold EA V1.07 MT4 was built the way it was—focused, conservative, and brutally honest about what it does best: breakout trading on XAUUSD during high-liquidity hours with strict risk control. If you want a bot that doesn’t play martingale roulette, doesn’t open 500 random orders, and doesn’t mess with your sleep schedule… keep reading, coz this one might be your new daily driver.

YoForex has made it available free on MQL5.software, with clean documentation, frequent updates, and human support (yes, actual humans). The core logic is simple but effective: wait for the market to set up, strike only when liquidity is real, manage the trade with fixed lot sizing and defined risk; then get out. No drama, no vibes-based “AI” claims. Just rules, discipline, and consistency.

Timeframes: M5 (recommended) + any
Pairs: XAUUSD (primary), works on “any” with caution
Minimum/Recommended Deposit: $200+

Download Pharaoh Gold EA V1.07 MT4 on MQL5.software →

Overview

Pharaoh Gold EA V1.07 MT4 is a rules-first breakout system engineered for XAUUSD. It focuses on London and New York session liquidity, where gold tends to move cleanly through micro-ranges into decisive pushes. The EA scans for range compression → break expansion patterns, then places a fixed-lot trade with a tight stop and a pragmatic take-profit. This is not a set-and-forget money printer; it’s a risk-aware tool that rewards patience and structure.

The logic favors discipline over noise. Rather than stacking orders or “averaging down,” Pharaoh Gold EA sticks to single-shot entries per setup and defers to your pre-defined daily risk cap. That approach is especially friendly to prop-firm rulebooks (max daily drawdown, max overall drawdown, news constraints, etc.) and traders who value equity protection above flashy stats.

YoForex’s team has back-tested and live-forward-verified the robot on granular XAUUSD data. You’ll find that the system aims for modest, repeatable edges instead of huge lottery trades. On M5, it seeks clean breakouts with good risk-to-reward, while filters keep it away from messy, low-liquidity chop. If you like calm, consistent execution, you’ll vibe with this one.

New to MT4 robots? Start here: Beginner’s Guide to Installing EAs and then check our Risk Management Basics for EAs.

Key Features

Breakout-based entries: Targets validated range breaks on XAUUSD during high-liquidity hours.
Fixed lot sizing (no martingale): Compliant with the “no grid, no average-down” mindset.
Time-filter engine: Trades primarily during London/NY—skip dead Asian chops if you want.
Hard stop-loss & take-profit: No “hope,” only predefined exits; optional breakeven shift.
Daily risk cap control: Stop trading for the day after X% drawdown or Y trades—your call.
News awareness (optional): Pause around high-impact news via your own calendar workflow.
Prop-firm friendly mode: Conservative risk parameters and trade-count throttling.
Slippage & spread guard: Avoids entries when spreads spike or execution turns ugly.
Multi-pair capable (advanced): Designed for XAUUSD first; can be adapted with caution.
Low hardware footprint: Runs smoothly on mid-tier VPS with default configs.
Clean logs & alerts: Clear trade reasons in the Journal to aid your post-trade reviews.
YoForex updates & support: Ongoing patches and community feedback loops, free of charge.

Backtest Results & Proof (What to Expect)

We ran extensive internal tests of Pharaoh Gold EA V1.07 MT4 on XAUUSD M5 with 99%+ modeling quality and spread control reflecting a decent ECN broker environment. Over multi-year samples, Pharaoh’s equity curve tends to look steady with shallow dips, because it avoids stacking exposure and respects hard stops. Drawdowns in our examples stayed contained (exact values vary with broker, spread, and your risk per trade), while the win-rate sat at a sensible level for breakout logic—not inflated, just realistic.

What you’ll usually notice in the equity curve:

Periods of flat growth when the market is choppy (that’s good—sitting out is a skill).
Quick bursts of profit during clean session trends.
Contained pullbacks thanks to fixed lots and immediate stop-loss enforcement.

Live observations: In forward demos and small live accounts, the EA behaved similarly—respecting news windows (if you enable them), prioritizing liquidity windows, and skipping bad spreads. Don’t expect wild monthly percentages; expect consistency when market conditions match its edge.

Tip: Keep risk per trade conservative (e.g., 0.5%–1%) and avoid widening stops “just because.” Pharaoh performs best when you let it be boring and disciplined.

How to Install & Configure

Download the EA from MQL5.software:
Get Pharaoh Gold EA V1.07 MT4
Copy to MT4:
Open MT4 → File → Open Data Folder → MQL4 → Experts and paste the PharaohGoldEA.ex4 file.
Restart MT4 so the EA loads.
Attach to XAUUSD M5:
Open an XAUUSD (Gold) M5 chart, drag the EA from Navigator → Experts onto the chart.
Enable Algo Trading:
Make sure the AutoTrading button is green and “Allow live trading” is ticked in EA settings.
Recommended starting settings:

LotSize: Fixed 0.01 per $200–$300 (scale modestly).
Sessions: London + NY (disable Asian, unless you know what you’re doing).
DailyRiskCap: Enabled; a small, sensible % of equity.
SpreadFilter: On (reject entries when spread > your threshold).
NewsPause: Optional; use your preferred news-pause approach.

7. Test on Demo first:
Validate broker spreads, execution, and your VPS performance before going live.

Need a refresher? Here’s our simple EA Installation Guide for MT4 and a quick read on Beginner Risk Controls.

Why Choose YoForex-Powered Tools?

Because YoForex ships tools that put risk first. The team behind Pharaoh Gold EA believes in free access, transparent updates, and community-driven improvements. You’re not buying a dream; you’re getting a maintained, battle-tested EA with sensible defaults and human support. We don’t hide the logic behind vague buzzwords—if something’s changed, you’ll see it in the changelog. And yes, updates keep coming; markets evolve, and so do we.

More about us: YoForex is the parent brand behind MQL5.software—focused on practical automation, robust risk management, and trader education.

Support & Contact

Ran into a bug? Have a broker-specific question? Want help tuning risk for a prop account? We’ve got you.

WhatsApp (priority): https://wa.me/+443300272265
Telegram (community): https://t.me/yoforexrobot
Download & Docs: MQL5.software / Pharaoh Gold EA page

Disclaimer: This is not financial advice. Trading involves risk. Past performance is not a guarantee of future results. Always start on demo, trade responsibly, and never risk money you can’t afford to lose.

Call to Action

Ready to try a disciplined gold breakout robot—free?
Grab Pharaoh Gold EA V1.07 MT4 now and set it up on an XAUUSD M5 chart. If you get stuck, ping us on WhatsApp or join the Telegram group—we answer fast, and we’ll walk you through best-practice risk settings. Your trading should feel calmer, not crazier; Pharaoh keeps it that way.

Download Pharaoh Gold EA V1.07 MT4
WhatsApp: https://wa.me/+443300272265
Telegram: https://t.me/yoforexrobot