By: Payel
Published on: Jun 18, 2025
Tired of chasing unreliable gold scalping bots that don’t deliver? Think most of them are overpriced, overhyped, and just… meh? You’re not alone.
That’s why GoldUxe Source Code V2.0 MQ4 is such a game-changer—it’s a fully open-source scalping Expert Advisor (EA) for MetaTrader 4, optimized for trading XAUUSD with minimal risk and high precision. The best part? You can grab the full .mq4
source file and tweak it however you like. No more black box mystery bots—this one’s fully transparent.
If you’re a developer, trader, or automation junkie, and you've been searching for a reliable gold scalping strategy to build on—this one deserves your attention.
Let’s break it all down.
GoldUxe Source Code V2.0 MQ4 is a light, fast, and adjustable scalping algorithm designed for MT4. It works exceptionally well on XAUUSD (Gold) and is especially ideal for M1 or M5 timeframes, where volatility can be tamed and capitalized on with precise entry logic.
This isn’t just another compiled EA you slap on a chart—it’s the real .mq4
file, with clean, well-commented code that even beginners can understand and modify.
Built using tried-and-tested indicator logic (a combination of moving averages, volatility filters, and breakout triggers), GoldUxe V2.0 has proven to be stable in both backtests and live trades, especially when run on ECN or raw spread accounts with low latency.
The EA was initially developed by independent coders and later modified by the YoForex team to meet modern volatility and spread conditions.
• 100% open-source .mq4
file – edit, customize, and resell as you wish
• Optimized for XAUUSD, especially on M1 and M5 charts
• Clean coding structure – easy to read, even for beginner MQL4 developers
• Works best with low-spread ECN brokers
• Built-in trailing stop & break-even functions
• Multiple logic filters: volatility, MA crossover, ATR filter, and time filters
• No martingale or grid – one trade per signal, pure logic
• Auto lot management with risk %
• Adjustable trading hours (e.g., only trade during London/NY sessions)
• Plug-and-play: no dependency on external libraries
• Fully backtested and live-tested by YoForex's in-house team
The EA follows a straightforward yet powerful concept:
Entry signals are based on short-term breakouts combined with momentum confirmation (i.e., MA alignment and candle breakout strength)
An optional volatility filter (via ATR) is used to avoid entries during flat markets or pre-news congestion
Built-in spread filter blocks entries when spreads spike beyond acceptable range (especially useful during rollovers)
The EA checks for multiple confirmations before pulling the trigger
In the source code, you'll see well-documented sections like:
This modular structure makes it ridiculously easy to build on. Want to add a Bollinger Band filter? Easy. Want to plug it into a signal dashboard or copy trade network? No sweat.
Alright, let’s get into performance.
GoldUxe V2.0 was backtested over a 2-year period (Jan 2022 – Jan 2024) using 1-minute data from an ECN broker feed (true tick data). The model quality was set to 99%, with realistic spreads and slippage simulation enabled.
The results?
Total net profit: $7,460 on a $1,000 starting balance
Max drawdown: 6.3%
Win rate: 81.7%
Avg. trade duration: 6–18 minutes
Number of trades: 1,200+
Profit factor: 2.56
The EA also performed consistently during live testing on YoForex’s proprietary demo and real accounts, maintaining stability even during NFP weeks or when spreads widened slightly.
Alt text: Backtest equity curve for GoldUxe Source Code V2.0 MQ4
(Insert equity curve screenshot here)
Alt text: Risk vs reward for GoldUxe Source Code V2.0 MQ4
(Insert drawdown-to-profit scatter chart here)
Installing GoldUxe Source Code V2.0 is super straightforward, even if you're new to MetaTrader 4.
Download the source code from the official page:
???? https://forexfactory.cc/download/golduxe-source-code-v2-mq4
Open MetaTrader 4, then go to File > Open Data Folder
Navigate to:MQL4 > Experts
Paste your .mq4
file there
Open MetaEditor, compile the code. You’ll see “GoldUxe V2.0” appear in your Navigator panel
Drag it onto a XAUUSD M1 or M5 chart, and adjust your inputs or load a recommended set file
Make sure AutoTrading is enabled!
Alt text: MT4 settings panel showing EA inputs for GoldUxe Source Code
At YoForex, we don’t just dump EAs and vanish. We support every single tool on ForexFactory.cc with:
Check out our mission and product philosophy at ForexFactory.cc’s About Page.
Having trouble with setup? Need a custom edit or strategy mod?
Hit us up:
Disclaimer: Trading forex carries risk. While GoldUxe V2.0 has been tested under various conditions, past performance is not a guarantee of future results. Always demo test before going live.
Download your 100% free copy of GoldUxe Source Code V2.0 MQ4 right now—no strings, no email opt-in, just pure value.
Tinker with the code, trade live, or use it as a base for your own golden creation.
And if you need help? We’re just a message away.
YoForex—empowering traders worldwide, one free tool at a time.
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