Introduction


Sick of EAs that drain your account faster than gold rush fever? You’re not alone! Dragon Gold EA V2.1 MT4 is here to flip the script—100% free on ForexFactory.cc, powered by YoForex. We’ve hammered it through years of XAUUSD data, slapped it on a live demo, and it’s been churning out steady micro-wins ever since. No shady hidden fees, no surprise martingale blowouts… just a lean, mean gold-scalping machine that does the heavy lifting so you don’t have to babysit charts all day. Ready to see how you can snag small, consistent profits on gold? Let’s dive in.


Overview


Dragon Gold EA V2.1 MT4 is a specialized gold-scalper for MetaTrader 4 that combines grid logic with trend and volatility filters. It lays out buy and sell orders around the current XAUUSD price, but only triggers trades when momentum and ATR signals align—so you won’t get whipsawed in choppy markets. YoForex’s devs back-tested it over 5 years of tick data and have run it live on demo since January 2024. The result? A perfectly balanced equity curve with tight drawdowns.


You can grab it now from the Newest EAs section or hunt it down in the Indicator section on ForexFactory.cc. Curious what other traders think? Swing by the User Reviews thread and see real-world feedback from fellow gold hunters.


How It Works



  • Grid Setup: Automatically places pending buy/sell orders at fixed pip intervals.

  • Trend Filter: Uses moving averages to avoid trading against strong swings.

  • Volatility Check: ATR-based filter ensures grids fire only in suitable market conditions.

  • Dynamic Take-Profit: Locks in 0.5–1.2% gains per grid cycle.

  • Low Drawdown: Max drawdown capped at 4–6% (customizable).

  • News Blocker: Pauses trading around high-impact events.

  • Auto Reset: Clears all open orders once a cycle finishes.


Key Features


• Gold-focused scalper with grid & filter combo
• 0.5–1.2% per cycle profit targets
• Max drawdown limit: 4–6% of equity
• No martingale—fixed lot sizing only
• ATR & MA filters to cut whipsaws
• Configurable grid spacing (10–50 pips)
• Works on XAUUSD across M5–H1 timeframes
• Built-in news and weekend shutdown
• Break-even and trailing stop options
• Lifetime free updates from YoForex
• Intuitive inputs—no coding needed
• Detailed user guide included


Backtest Proof & Live Performance


We pounded Dragon Gold EA V2.1 MT4 through a backtest on XAUUSD H1 from Jan 2018 to Dec 2023—over 2,000 grid cycles. It delivered an 14% annualized return with a peak drawdown of just 4.2%, giving a smooth, upward-sloping equity curve.



Next, we plotted risk vs. reward over that same period. Notice how the trend and volatility filters keep drawdowns contained under 5%, while winners stack up nicely.



On a live demo since Jan 2024, it’s averaging about 0.9–1.1% daily—consistent, low-stress profit rounds you can count on.


Installation & Setup



  1. Download the EA from ForexFactory.cc:
    Download Dragon Gold EA V2.1 MT4

  2. Copy DragonGoldV2.1.ex4 into your MT4/Experts folder.

  3. Restart MetaTrader 4 or click “Refresh” in the Navigator.

  4. Open the Navigator (Ctrl+N), find “Dragon Gold EA V2.1 MT4.”

  5. Drag & drop onto an XAUUSD chart (M5–H1 recommended).

  6. Load the included .set file or tweak settings: grid spacing, lot%, filters, etc.


Why YoForex Tools


YoForex isn’t about paywalls or “premium” tiers. Our mission: empower every trader with free, rock-solid tools. With Dragon Gold EA V2.1 you get:
• Free lifetime updates—we continuously refine code as markets shift.
• Community-driven features—suggest improvements in our ForexFactory.cc thread.
• Transparent stats—backtests and live results posted in real-time.
• Multi-channel support—we’re active on ForexFactory.cc, WhatsApp, Telegram.


Explore more of our creations in Newest EAs—there’s always something fresh.


Support & Disclaimer


Have questions or need help? Reach our support team on WhatsApp at wa.me/+443300272265 or join our Telegram group t.me/yoforexrobot. We usually reply within hours—tho sometimes faster!


Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test before going live. Gold scalping and grid strategies carry inherent risk; use proper money management and never risk more than you can afford to lose.


Call to Action


Ready to transform your gold trading? Download Dragon Gold EA V2.1 MT4 now—100% free, no strings attached! Plug it into MT4, load the settings, and let the EA handle the rest. Unlimited, free YoForex support is just a message away—so you’ll never trade alone.