Introduction


Sick of spending big bucks on EAs that hardly deliver? Meet CR7 EA V3.0 MT4, a completely free Expert Advisor you can grab right now from ForexFactory.cc. Built and rigorously back-tested by the YoForex team, this EA is designed for consistent scalping on the 1-minute and 5-minute Gold (XAU/USD) charts. No more guesswork, no more overpriced subscriptions—just a lean, mean, profit-seeking machine. Whether you’re a rookie trader or a seasoned pro, CR7 EA V3.0 MT4 promises to automate your entries and exits with pinpoint accuracy, all while keeping drawdown low. You’ll see why traders are raving about this ForexFactory EA tho it’s totally free—coz YoForex believes every trader deserves top-tier tools without breaking the bank.


Overview


CR7 EA V3.0 MT4 is a high-frequency scalping EA that targets quick, small profits multiple times a day on Gold (XAU/USD). Leveraging custom-coded indicator signals, it searches for precise entry points right after micro-price shifts. The logic is simple: wait for a minor retracement, confirm momentum with a proprietary filter, then enter a tight scalp with fixed take-profit and dynamic stop-loss.



  • Trading Symbol: XAU/USD (Gold)

  • Timeframes: M1, M5 (optimized by default for M5)

  • Account Type: Standard / ECN / VPS (low-latency recommended)

  • Minimum Deposit: $100 (though $500+ is advised to buffer drawdowns)


What sets CR7 EA V3.0 MT4 apart from other MT4 expert advisors is its ultra-low latency execution and adaptive lot sizing. YoForex’s dev team ran extensive backtests covering 2018–2024 (over 50,000 trades), then carried it live on a real account for three months. The results? Consistent 1–1.5% daily returns with a max drawdown of just 5%. If you’re hunting a free Forex EA that’s actually robust, CR7 EA V3.0 MT4 is your ticket. Download it now from ForexFactory.cc and test it on demo before going live.


Key Features


• 1–1.5% Daily Target: Optimized to capture small, frequent moves in Gold, aiming for consistent daily returns.
• Max Drawdown 5%: Advanced risk filters and dynamic stop-loss placement keep drawdown minimal.
• No Martingale / No Averaging: Pure scalping logic—no dangerous grid or martingale strategies that blow accounts.
• Adaptive Lot Sizing: Auto-risk calculation based on your account balance, adjustable between 0.5%–2% per trade.
• Works on All Brokers: Tested on multiple ECN brokers (low spreads) and standard brokers—just adjust spread filter.
• Fully Customizable Settings: Adjust take-profit, stop-loss, and trailing stop parameters to fit your style.
• Built-In News Filter: Automatically pauses trading during high-impact news to avoid erratic spreads/slippage.
• Easy One-Click Installation: Simply load the CR7 EA V3.0 .ex4 file into MT4/Experts, drag onto the XAUUSD M5 chart, and hit “OK.”
• Lifetime Free Updates: YoForex promises free updates—so future optimizations or new features won’t cost a dime.
• Lightweight & Low CPU Usage: Designed to run smoothly on any VPS or local PC without hogging resources.


Backtest Proof & Live Performance


YoForex’s dev team conducted a thorough backtest spanning Jan 1, 2018 to Dec 31, 2023 on XAU/USD M5. Over 50,000 simulated trades with realistic spread and commission parameters yielded:



  • Total Net Profit: +120,000 USD on a 10,000 USD initial balance (ROI ~1200%)

  • Profit Factor: 2.45

  • Max Drawdown: 4.8%

  • Win Rate: 78.3%

  • Average Trade Duration: 8.5 minutes



Equity curve screenshots from the backtest show a smooth uptrend with only minor equity dips—proof that CR7 EA V3.0 MT4 isn’t a curve-fitting fluke. But YoForex didn’t stop at simulation: they ran it live from January 2024 to March 2024 on a $5,000 real account. Live results? +18% profit per month on average, with drawdown never breaching 4.5%. You can see the live-account track record on MyFxBook (link in download page). That’s the kind of transparency missing in most paid EAs—coz as you know, “past performance doesn’t guarantee future results,” but seeing both backtested and live results side-by-side gives you confidence to pull the trigger.


Installation & Setup


Download CR7 EA V3.0 MT4



  • Visit the direct download link on ForexFactory.cc:
    https://www.forexfactory.cc/ea/12345-cr7-ea-v3-0-mt4

  • Click “Download” to grab the CR7_EA_V3.0_MT4.ex4 file.


Copy to MT4 Experts Folder



  • Open your MetaTrader 4 directory: File → Open Data Folder → MQL4 → Experts

  • Paste CR7_EA_V3.0_MT4.ex4 into this folder.


Restart MT4



  • Close and re-open MT4 so it recognizes the new EA.


Attach to Chart



  • In the Navigator panel (MT4/Experts), find “CR7 EA V3.0 MT4.”

  • Drag it onto an XAUUSD M5 chart.


Import Recommended Settings



  • In the “Inputs” tab, click “Load” and select CR7_Settings.set (included in the download).

  • Enable “AutoTrading” on MT4’s top toolbar.


Adjust Risk



  • In “RiskPercent,” set between 0.5%–1.5% depending on your risk appetite.

  • Make sure “MaxSpread” is set to no more than 3 pips (adjust if your broker’s spread is higher).


Verify News Filter



  • Under “NewsFilterSwitch,” confirm it’s set to “true” so the EA will stop trading around major news releases.


That’s it! CR7 EA V3.0 MT4 should now be up and running. You’ll see live trade entries pop up every few minutes, capturing small scalps on Gold. If you want a visual guide, check out the annotated screenshot of the MT4 Navigator panel in the “Installation” thread on ForexFactory.cc.


Why Choose YoForex-Powered Tools?


YoForex isn’t just another EA vendor; they live and breathe transparency. Every tool they release—like CR7 EA V3.0 MT4—comes with:



  • Free Lifetime Updates: Whenever Gold behavior shifts, YoForex tweaks the EA and pushes updates free of charge. You’ll never pay again.

  • Open Performance Reporting: Backtests and live-account stats are publicly shared on ForexFactory.cc. No secrets, no smoke-and-mirrors.

  • Community Feedback: Join the discussion thread under “User Reviews” to see real traders’ experiences and tweak settings based on collective insights.

  • Dedicated Support: Hit up their Telegram group or WhatsApp channel any time if you run into issues.


If you browse the Newest EAs section on ForexFactory.cc, you’ll spot CR7 EA V3.0 MT4 right at the top—proof that YoForex knows how to deliver


 innovation without charging a dime.



Support & Disclaimer


Got questions or need help? YoForex’s support team is just a message away:



Whether you’re having trouble attaching the EA, customizing settings, or interpreting backtest results, they respond promptly and genuinely care about your success.


Disclaimer: Past performance isn’t a guarantee of future results. Forex trading involves significant risk. Always demo-test CR7 EA V3.0 MT4 on a demo account first before trading live. Trade responsibly and never risk money you cannot afford to lose.


Call to Action


Ready to supercharge your Gold scalping game? Download CR7 EA V3.0 MT4 today—100% free, no registration required. Test it on demo, tweak settings to match your risk tolerance, and watch it scalp tiny pips day in, day out. With YoForex’s unwavering support and lifetime updates, you’ve got nothing to lose (except FOMO!). Happy trading!