XAU Master EA V1.7 MT4 – Free Gold Expert Advisor for H1

Introduction

Gold (XAUUSD) is a favorite instrument among traders for its volatility and strong price action, but it’s also a challenging market to trade without discipline. The XAU Master EA V1.7 MT4 was built to help traders capture opportunities in gold without the stress of manual analysis.

Optimized for the H1 timeframe, this EA is beginner-friendly with a low starting capital requirement of just $200. It works with any broker or account type but performs best with low spreads and 1:500 leverage or higher. Designed to be straightforward yet powerful, the EA uses smart entry logic with strict risk controls, making it suitable for small retail accounts and funded trading alike.

Like every YoForex release, it’s available 100% free at MQL5.software.

Overview

The XAU Master EA V1.7 MT4 is a gold-only Expert Advisor designed for consistent results on small to medium accounts.

  • Symbol Supported: XAUUSD (Gold).
  • Timeframe: H1 (1 hour).
  • Minimum Capital: $200.
  • Leverage: 1:500 or higher recommended.
  • Broker: Any broker, ECN preferred.
  • Account Types: Standard, Cent, ECN, Raw Spread.
  • Platform: MetaTrader 4.

Key Features

• Gold Optimized – Designed exclusively for XAUUSD.
• H1 Strategy – Balanced between frequency and accuracy.
• Low Capital Requirement – Runs with as little as $200.
• Flexible Broker Support – Works on any MT4 broker/account type.
• Leverage Friendly – Best with 1:500 leverage for smoother execution.
• Stop Loss & Take Profit – Risk-managed on every trade.
• Trailing Stop Function – Locks in profits when trades run in your favor.
• Plug-and-Play Setup – Easy to install and start.
• No Martingale/Grid – Clean strategy with disciplined risk.
• Beginner Friendly – Ideal for new traders testing gold trading.
• Prop Firm Ready – Structured for low drawdown compliance.

How It Works

The EA applies a trend-following + volatility filter logic on gold:

  1. Signal Detection – Identifies trading setups based on H1 market structure.
  2. Entry Execution – Places buy/sell orders with defined SL/TP.
  3. Money Management – Lot sizing based on capital, with $200 minimum start.
  4. Risk Controls – Uses SL, TP, trailing stops, and equity guard.
  5. Trade Cycle – Positions close within the same H1 trend phase, avoiding overexposure.

Example Flow:

  • On XAUUSD H1, EA detects bullish momentum.
  • Opens buy trade with SL below recent support, TP at 2x risk.
  • If price continues higher, trailing stop follows to secure profits.

Backtest & Results

XAUUSD (H1, 3 years):

  • Win Rate: ~69%
  • Profit Factor: 1.88
  • Max Drawdown: 9%
  • Avg Monthly Gain: 7–11%

Observations:

  • Handles volatility spikes well with SL/TP management.
  • Works with small deposits but scales with larger balances.
  • Smooth equity curve, no martingale/grid spikes.

Installation & Setup

  1. Download EA from MQL5.software.
  2. Place .ex4 file into MQL4 → Experts.
  3. Restart MT4.
  4. Attach EA to XAUUSD H1 chart.
  5. Adjust lot size (default 0.01 recommended for $200).
  6. Enable AutoTrading.

Recommended Setup:

  • Pair: XAUUSD.
  • Timeframe: H1.
  • Min Balance: $200.
  • Broker: Any, ECN preferred.
  • Leverage: 1:500 or higher.
  • VPS: Optional but recommended for 24/5 uptime.

Why Choose YoForex Tools?

The XAU Master EA V1.7 MT4 is unique because:

  • It allows traders to start small with just $200.
  • It’s built for gold trading only, not overfitted to multiple pairs.
  • It’s risk-conscious and beginner friendly, making it ideal for retail and prop firm accounts.

Other YoForex bots to explore:

Support 

Need setup help? Contact YoForex:

Call to Action

If you’re searching for a gold Expert Advisor that runs on small capital accounts, the XAU Master EA V1.7 MT4 is the perfect fit. With just $200 minimum deposit, H1 optimization, and risk-managed execution, it gives traders a simple yet powerful tool for trading XAUUSD.

Download it today free at MQL5.software and master gold trading with confidence.

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

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Happy Trading