Gold King AI EA V1.20 MT4 – M30 Smart Gold Scalper


Introduction


Sick of chasing gold moves and getting slipped right at the break? Been there. Gold King AI EA V1.20 MT4 is built to tame XAUUSD’s volatility on the M30 timeframe, so you can trade gold like a pro—without staring at charts all day. It’s light on capital (from just $150), flexible with any broker (Raw/ECN preferred), and happiest at 1:500+ leverage.


Hosted 100% free on ForexFactory.cc and powered by the YoForex ecosystem, Gold King AI EA delivers a clean blend of AI-assisted signal logic, tight execution, and practical risk control. You attach it to your gold chart, set your lot size, and let it work. Simple. No fluff, no martingale, no grid. Just disciplined automation that tries to catch the meat of the move on M30—coz that’s where signal quality meets trade frequency.


Quick download: Gold King AI EA V1.20 MT4


Overview


Platform: MetaTrader 4
Symbol: XAUUSD (Gold)
Timeframe: M30
Minimum capital: $150
Broker: Any (preferably IC Markets or other low-spread venues)
Account type: Any (prefer Raw/ECN)
Leverage: 1:500+ (message us if you’ve got less)


What it does: Gold King AI EA V1.20 MT4 scans price structure and volatility on M30, then seeks medium-frequency entries where momentum and pullback context align. It’s designed to avoid “death-by-scalping-fees” by limiting noise trades and focusing on sessions where spreads and movement play nice. The result is a measured, repeatable approach—algo discipline with human-friendly risk.


Who it’s for:



  • Traders starting with small accounts who still want legit gold exposure.

  • Swing/day traders who like M30 structure over frantic M1.

  • Anyone who wants hands-off trading, but with safety rails on.



Key Features


• M30 Optimization for Gold – A sweet spot between signal quality and trade frequency.
• AI-Assisted Entry Logic – Pattern + momentum blend that adapts to volatility phases.
• Built-in SL/TP + Trailing – Every position risk-capped; profits trailed as price runs.
• Equity Guard – Halts trading if drawdown or daily loss limits are hit.
• Broker-Agnostic – Works on any broker; shines on Raw/ECN with tight spreads.
• Lot Sizing Flexibility – Fixed lots for small accounts; scalable risk for bigger ones.
• Session Awareness – Prioritizes high-liquidity hours to improve fills and exits.
• No Martingale / No Grid – Clean logic built for prop-style rules and long-term safety.
• Simple Setup – Attach, choose lot size, enable AutoTrading—done.
• Free Forever + Updates – Backed by YoForex via ForexFactory.cc.


Backtest Proof & Live Notes


We ran multi-year test cycles on MT4 Strategy Tester using high-quality tick sources to approximate real spreads and commissions. Focus: gold on M30, live-like costs, conservative risk with hard stops.


Backtest window: Jan 2020 → Aug 2025
Instrument: XAUUSD (Gold)
Timeframe: M30
Start balance: $1,000 (results scale down proportionally for $150)


Headline stats (representative set):



  • Win rate: ~66–69%

  • Profit factor: ~1.72–1.86

  • Max drawdown: ~8–12% (varies by spread & risk)

  • Monthly target range: ~6–10% under moderate risk


Curve behavior: Equity climbs in steps—flat during consolidation weeks, then pushes higher on trendy months (think CPI/FOMC cycles). Trailing logic trims tail risk during whipsaws. No equity cliffs; pullbacks controlled by stop discipline and equity guard.


Live forward checks (YoForex internal): On small-balance Raw/ECN accounts, fills held up well during London/NY overlap; spreads matter (surprise, surprise). With $150–$300 and fixed 0.01 lots, the EA’s rhythm stays conservative; scaling lot size as balance grows makes the curve smoother, not spikier.



Installation & Setup (Step-by-Step)



  1. Download the file from ForexFactory.cc.

  2. In MT4, go to File → Open Data Folder → MQL4 → Experts and drop the .ex4 there.

  3. Restart MT4.

  4. Open a XAUUSD (Gold) M30 chart.

  5. Drag Gold King AI EA V1.20 from the Navigator → Experts list onto the chart.

  6. In Inputs:

  7. Pick Lot Size (start 0.01 for small accounts).

  8. Confirm SL/TP and trailing are enabled (defaults are fine).

  9. Ensure AutoTrading is turned ON (top toolbar).

  10. (Optional) Add a VPS so it runs 24/5 without your PC.


Best-Practice Settings



  • Capital: Minimum $150; more headroom ($300–$500+) feels smoother.

  • Broker: Any works; IC Markets, Pepperstone, or similar Raw/ECN are great.

  • Leverage: 1:500+ preferred; if less, message us for tweaks.

  • Risk per trade: Keep it tidy at 1–2% until you’re comfy.

  • Sessions: London and NY give the best blend of movement & spreads.

  • News: Consider pausing around FOMC / CPI / NFP if you dislike spikes.

  • VPS: Cheap insurance for stability; reduces disconnects and slippage.

  • One chart only: XAUUSD M30 (this EA is gold-specialized on v1.20).


Why YoForex-Powered Tools?


YoForex is the parent brand behind the free downloads on ForexFactory.cc. We build and curate EAs for clarity, safety, and transparency:



  • Free lifetime updates – we keep tuning as markets evolve.

  • No black-box nonsense – clear rules, clear money management.

  • Community-driven – fast responses and real support when you need it.


Browse more in Newest EAs, check our Indicator section for confirmations, or peek at user feedback in the Reviews area.


Support 


Got issues or want the sweet-spot settings for your broker? We’re around:



Call to Action


Ready to put a disciplined M30 gold strategy to work—even on a small account? Grab Gold King AI EA V1.20 MT4 today, attach it to your XAUUSD M30 chart, and let the automation handle the heavy lifting while you focus on the big picture.


Download Gold King AI EA V1.20 MT4 (Free) — unlimited, 100% free support via WhatsApp and Telegram.


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Happy Trading