GoldSky EA V1.0 MT4

Sick of overpriced gold bots that promise the moon and then rug your account? Same. That’s exactly why we’re releasing GoldSky EA V1.0 MT4 as a 100% free download on ForexFactory.cc, powered by the YoForex team. No paywall, no silly unlock keys, no “trial mode” nonsense—just a clean, prop-firm-friendly expert advisor you can put to work on MT4 today.

If you’ve been struggling with bots that martingale into oblivion, blow your consistency metrics, or get flagged by prop rules, breathe. GoldSky EA V1.0 MT4 was built to be practical: steady trade logic, clear risk caps, real backtests, and live tracking by YoForex—coz that’s how we run our tools internally too. You’ll find a simple install, a quick-start set file, and human support in case you hit a snag. Let’s get you up and running.

Direct Download: https://forexfactory.cc/download/goldsky-ea-v1-0-mt4
Need the newest arrivals? Check Newest EAs: https://forexfactory.cc/newest-eas/
Hunting indicators as well? See Indicator Section: https://forexfactory.cc/indicators/
Curious what others say? Read User Reviews: https://forexfactory.cc/reviews/

Overview

GoldSky EA V1.0 MT is an automated gold (XAUUSD) trading robot designed for MetaTrader 5. It’s tuned for scalping and smart momentum entries on lower timeframes, but without the frantic behavior of HFT. We specifically architected the position logic to avoid mall-martingale, keep exposure tight, and respect prop-firm risk rules like max daily loss and max overall drawdown. In plain English: it seeks consistent progress without cooking your metrics.

The strategy blends three pillars:

Micro-trend bias using a short-term moving-average structure with volatility gating.

Impulse confirmation (think: clean range breaks and micro-pullback filters) to avoid chop.

Risk wrapper that caps per-trade heat and total daily damage—so you live to fight another session.

YoForex has back-tested and live-verified the setup, and that’s important. Backtests tell you the story across regimes; live confirms execution quality and spreads/slippage impact. You’ll get both below. We’ve also included a recommended baseline set for MT4 so you’re not guessing on day one.

This version is prop-firm friendly (no rapid-fire HFT, no ridiculous volume spikes) and plays nicely with standard brokers too. If you’re a small-account trader, it’s happy from $50+ with a reduced lot step; if you’re managing challenges, run the conservative risk profile and let statistics do the heavy lifting. The name of the game here is longevity and smoothness, not lottery tickets.

Key Features

• Prop-firm friendly: No HFT, no spam trading, compliant trade frequency.
• No martingale / no grid piling: Fixed, transparent risk per trade.
• 1–2% daily soft target (configurable), with cut-off if daily loss is reached.
• Drawdown guard: Daily and overall soft stops to protect equity.
• Volatility-aware entries: Sits out the chop, engages into structure.
• Spread & slippage checks: Avoids poor fills when the book is thin.
• Works on MT4: Plug-and-play as an MT4 expert advisor; lightweight on CPU.
• Timeframe-flexible (M1–M15): Default set focuses on M1 for Gold, optional M5 version included.
• Auto magic-numbering: Multi-chart safe; no awkward ticket collisions.
• News pause window (optional): Skip high-impact events if you prefer.
• Free lifetime updates: YoForex pushes optimizations—no extra cost.
• Transparent performance: Backtest reports and live monitoring shared.

Backtest Proof & Live Performance

We ran multiple backtest passes on XAUUSD using tick-by-tick modeling with real-spread data (typical ECN account conditions), covering January 2021 – September 2025 (nearly five years of mixed volatility regimes). The baseline risk profile uses a modest fixed fractional risk per position with a hard daily loss limit; compounding is optional and off by default in the public set.

Highlights from our internal reference pass (baseline risk):

Win rate: ~61–66% depending on month; the EA avoids “always-in” behavior and prefers cleaner impulses.

Profit factor: ~1.45–1.70 across years; best stretches in trending months, flatter in summer chop.

Max equity drawdown (test): ~7.8% with daily stops engaged; without daily stops it can push ~11–12% on rare rough patches—stick to daily stops.

Average trades/day: 4–10 depending on volatility and your news filter choice.

Equity curve: Generally stair-steppy with shallow plateaus—precisely what we want for prop challenges and calm growth.

Live Forward (YoForex’s desk):
We’ve been running GoldSky EA V1.0 MT5 on small and medium accounts since Q3 2025 with the conservative set. Execution on our usual low-spread broker shows slightly narrower gains than backtests (expected due to live spreads and slippage), but the equity line remains smooth, drawdown shallow, and daily stops are doing their job when New York gets wild. It’s not magic, it’s just disciplined.

Installation & Setup (MT5)

Download the EA from ForexFactory.cc → https://forexfactory.cc/download/goldsky-ea-v1-0-mt4

Copy files: Place the .ex4/.mq4 into …/MetaTrader4/MQL4/Experts/.

Restart MT4: Or hit Refresh in the Navigator window.

Attach to chart: Open XAUUSD, set M1 (or M5 if using the optional profile), then drag GoldSky EA V1.0 MT4 onto the chart.

Allow live trading: Tick “Allow live trading” and “Allow DLL imports” (if your broker requires it).

Import set file: Load the included Conservative.set (recommended for prop rules) or Moderate.set if you’re comfortable with a bit more heat.

Check the smiley: Ensure AutoTrading is enabled (green).

Account notes: For truly small accounts (~$50–$200), keep lot step tiny and daily loss limits strict. For challenges, match the firm’s rules, set daily max loss to 50–70% of allowed daily drawdown to avoid breaches on surprises.

Why YoForex-Powered Tools?

Two reasons: transparency and iterations. YoForex builds and runs these EAs in real environments, then shares the working versions for free on ForexFactory.cc to lift the community up—because better traders mean a healthier space for everyone. You’ll get:

Free lifetime updates (no pay-to-upgrade).

Ongoing optimizations as market regimes shift.

Public performance reporting so you can sanity-check results.

Want to learn more about the ethos behind the builds? Check the About section on ForexFactory.cc and related hubs.

Support & Disclaimer

Got issues or want help tuning risk?

WhatsApp: https://wa.me/+443300272265

Telegram: https://t.me/yoforexrobot

We’re around to help with install, recommended brokers, VPS talk, or set-tweaks. Don’t be shy.

Disclaimer: Trading is risky. Past performance is not a guarantee of future results. Always demo-test before going live, and size your risk appropriately. If you’re running prop challenges, ensure your settings comply with their daily/overall drawdown and consistency rules.

Frequently Asked Questions (FAQ)

Q1: Does GoldSky EA V1.0 MT4 use martingale or grid?
No. It uses fixed, controlled risk per trade. No lot-doubling, no runaway grids.

Q2: What timeframe and pair should I use?
XAUUSD on M1 is the default, with an M5 alternative set included.

Q3: Is it prop-firm friendly?
Yes—by design. It avoids HFT-style bursts and keeps trade frequency sane. Still, please align daily/overall loss caps with your firm’s rules.

Q4: What’s the minimum deposit?
From $50 on conservative settings (micro-lots). For challenges or larger accounts, scale with caution.

Q5: Do I need a VPS?
Strongly recommended for stability and consistent execution, especially if you’re not keeping MT4 open 24/5.

Q6: Can I use it alongside other EAs?
Yes—unique magic numbers keep things tidy across charts.

Q7: How often do you update?
Whenever market structure shifts demand it. Updates are free for life on ForexFactory.cc.

Call to Action

Ready to try a gold scalper that respects your risk and your prop metrics? Download GoldSky EA V1.0 MT4 now—100% free, no strings attached. Spin it up on demo, check fills, then scale in with confidence once you’re comfortable. And if you need us, we’re literally one ping away on WhatsApp or Telegram.

Download: https://forexfactory.cc/download/goldsky-ea-v1-0-mt4
Support (WhatsApp): https://wa.me/+443300272265
Support (Telegram): https://t.me/yoforexrobot