Introduction


Trading gold can feel like navigating a minefield of volatility—one wrong move, and your account balance takes a hit. Enter GoldenHour EA V1.0 for MetaTrader 5, a surgical-precision Expert Advisor built exclusively for XAUUSD (Gold). Backed by years of real-market experience and an obsession with risk control, GoldenHour EA isn’t your typical scalper that floods your account with endless positions or dangerous martingale tricks. Instead, it executes just 2–3 highly vetted trades per day, only when market conditions perfectly match its strict entry criteria.


In this post, we’ll dive into what makes GoldenHour EA V1.0 stand out, explore its key features, review performance proof, walk you through installation, and explain why it deserves a spot in your MT5 toolbox.


How GoldenHour EA Works


GoldenHour EA V1.0 MT5 uses a blend of advanced price-action filters, volatility measurements, and timing algorithms to identify the optimal “golden hour” for trading XAUUSD. Here’s its operating logic at a glance:



  1. Strict Entry Criteria: Multiple confirmations from trend direction, volatility spikes, and timeframe alignment minimize false signals.

  2. Limited Trade Frequency: Caps at 3 trades per day to avoid overtrading and reduce correlation risk.

  3. Independent Positioning: Each trade runs on its own stop-loss and take-profit parameters—no hedging, no grids, no recovery systems.

  4. Adaptive Risk Control: Dynamically adjusts lot sizes based on account balance and recent volatility.


This surgical approach means you’re only in the market when the odds are firmly in your favor, reducing drawdowns and smoothing your equity curve.


Golden Hour EA V1.0 MT5


Key Features



  • 2–3 Trades Daily: Highly selective entries for quality over quantity.

  • No Martingale/Grid: Pure market-condition-based execution—no risky recovery methods.

  • Built-in Risk Management: Fixed stop-loss and take-profit on every position.

  • Adaptive Lot Sizing: Balances risk relative to account equity and current volatility.

  • MT5 Compatibility: Seamless integration with MetaTrader 5 on any broker.

  • Customizable Settings: Fine-tune filters, risk parameters, and trading hours to your strategy.

  • Minimal Drawdown: Target drawdown under 5% during backtests.


Backtest & Live Performance Proof


YoForex has rigorously back-tested GoldenHour EA over a 10-year span (2015–2024) on XAUUSD M15, using tick-accurate data and realistic spread assumptions. The results show:



  • Total Return: +820% net profit

  • Max Drawdown: 4.8%

  • Profit Factor: 2.7

  • Win Rate: 62%


<img src="backtest_equity_curve.png" alt="Backtest equity curve for GoldenHour EA V1.0 MT5" style="max-width:100%; margin:1em 0;"> *Alt text: Backtest equity curve for GoldenHour EA V1.0 MT5*


Live-account trading since Q1 2025 has confirmed the backtest, with consistent monthly gains and a drawdown cap below 6%.


<img src="risk_reward_chart.png" alt="Risk vs reward for GoldenHour EA V1.0 MT5" style="max-width:100%; margin:1em 0;"> *Alt text: Risk vs reward for GoldenHour EA V1.0 MT5*


Recommended Settings & Usage


While GoldenHour EA works well out of the box, here are our recommended parameters:



  • Currency Pair: XAUUSD

  • Timeframe: M15

  • Minimum Deposit: $200

  • Lot Size: 0.02 per $1,000 equity

  • Max Concurrent Trades: 3

  • Trading Hours: 07:00–16:00 server time (adjust to your broker timezone)

  • Slippage Tolerance: 3 pips


Always run a demo account for at least two weeks to verify execution and broker compatibility.


Installation & Setup



  1. Download: Get GoldenHour EA V1.0 MT5 from the ForexFactory.cc product page.

  2. Copy Files: Drag and drop GoldenHour.ex5 into your MQL5/Experts folder.

  3. Restart MT5: Close and reopen MetaTrader 5.

  4. Attach to Chart: In the Navigator panel, find GoldenHour EA under “Expert Advisors,” then drag it onto an XAUUSD M15 chart.

  5. Import Settings: Click “Inputs” and load the provided .set file for the recommended configuration.

  6. Enable Auto-Trading: Ensure the “AutoTrading” button is green on the MT5 toolbar.


Golden Hour EA V1.0 MT5


Why Choose GoldenHour EA?


YoForex prides itself on transparent, no-cost trading tools with free lifetime updates. GoldenHour EA V1.0 is part of our commitment to empower traders with:



  • Clean Strategies: No hidden grid or martingale gimmicks.

  • Ongoing Optimization: Regular tweaks based on live-account feedback.

  • Transparent Reporting: See backtests, live results, and risk metrics on our site.


Learn more about our mission on our YoForex About Us page.


Support & Disclaimer


Got questions? Reach out via WhatsApp at https://wa.me/+443300272265 or join our Telegram group: t.me/yoforexrobot.


Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test any EA before deploying on a live account and trade only with capital you can afford to lose.


Call to Action


Ready to elevate your gold trading? Download GoldenHour EA V1.0 MT5 now—100% free, no strings attached. Experience disciplined, risk-controlled execution and join the growing community of YoForex users.


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


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Happy Trading