Luxury Gold Scalp EA V1.0 MT4: Precision Gold Scalping for Consistent Profits - FREE DOWNLOAD

Introduction

Sick of overpriced EAs that promise the world and deliver nothing but red numbers? Meet Luxury Gold Scalp EA V1.0 MT4, a 100% free Forex EA you can grab on ForexFactory.cc and start scalping gold like a pro… But it’s not just hype; this little powerhouse runs on MT4, hunts tiny price blips on XAUUSD, and locks in micro-profits around the clock. Whether you’re a total newbie or a seasoned algo jockey, you’ll love how it cuts through noise and zeros in on actionable moves. No martingale, no grid schemes—just pure logic built by YoForex’s dev team, back-tested across years of tick data and stress-tested in live markets. It even adapts to different brokers and spreads, so you don’t have to tinker with dozens of settings. With market volatility spiking every news release, you need an EA that pings entries at the perfect moment—not too early, not too late. Luxury Gold Scalp EA V1.0 MT4 uses a blend of trend filters, custom volatility breakout signals, and dynamic take-profit triggers to help you bag 3–5 pips per trade with minimal risk. And the best part? It won’t cost you a dime.

Overview

Luxury Gold Scalp EA V1.0 MT4 is our flagship scalping MT4 Expert Advisor designed specifically for XAUUSD on the MetaTrader 4 platform. It operates 24 hours a day, five days a week, scanning the order flow and price action across configurable timeframes—from the lightning-fast M1 to the more forgiving M15. When our hybrid signal engine aligns a moving average filter with a custom volatility indicator, the EA enters a market order, sets a tight stop-loss, and locks in profit as soon as momentum peters out. You don’t need to babysit charts; Luxury Gold Scalp EA V1.0 MT4 handles everything automatically.

YoForex has fully back-tested this EA over the past five years, covering major market shifts—from Fed rate hikes to geopolitical flashpoints. And we didn’t stop at backtests; our team has also run it live on real ECN accounts with tight spreads. The result? A consistent scalping solution that targets 1–2% daily returns while keeping drawdown below 5%. Curious how it stacks up against the competition? Swing by the Newest EAs, check out the Indicator section, or read through real-world chatter in our User reviews.

Key Features

• Built for XAUUSD scalping on MetaTrader 4
• Free download, lifetime updates, no hidden fees
• Hybrid trend-volatility signal engine for precise entries
• Targets 3–5 pips per trade, average 1–2% daily profit
• Automatic dynamic stop-loss and take-profit management
• No martingale or grid trading—risk control first
• Compatible with all major ECN brokers & variable spreads
• Configurable timeframes: M1, M5, M15 (default M5)
• Low drawdown below 5% in backtest and live trading
• Easy setup with default recommended settings
• Written in MQL4 for optimal performance and reliability
• Includes detailed logs and email/push notifications
• Supports custom lot sizing and automatic risk scaling
• Compact codebase for fast execution and low CPU usage

Backtest Proof & Live Performance

We ran Luxury Gold Scalp EA V1.0 MT4 on five years of tick data for XAUUSD, spanning January 2019 through December 2023. The backtest sample consisted of 2,500 trades, yielding a net profit of 120% with a maximum drawdown of 4.8%. The equity curve speaks for itself: steady staircase gains, no wild spikes.

Risk control is baked in—each position’s lot size adjusts automatically based on your account balance. The risk vs reward profile remains compelling: a 1:1.5 ratio, meaning you stand to gain 1.5 pips for every pip risked.

For real-world proof, our live ECN account with SniperFX Broker has run this EA uninterrupted for three months, logging a live net gain of 18% and drawdown not exceeding 3.2%. All trades, timestamps, and P&L details are fully transparent in our performance journal—no smoke and mirrors.

Installation & Setup

Getting started is a breeze:

1. Download LuxuryGoldScalpEA_v1.0.ex4 from the ForexFactory.cc thread.


2. Copy it into your MT4’s Experts folder.


3. Restart MetaTrader 4 so the EA appears under Navigator → Expert Advisors.


4. Drag & drop onto an XAUUSD chart (we recommend M5).


5. Load the recommended settings file (LuxuryGoldScalpEA_Settings.set).


6. Enable AutoTrading and allow DLL imports.

Tweaking parameters is optional; defaults work for most brokers. If you prefer smaller profit targets, reduce TakeProfitPips; to tighten risk, lower StopLossPips. Advanced traders can tweak VolatilityThreshold and MA_Period to match their edge.

Why YoForex Tools

YoForex has been empowering traders since 2017 with free, high-quality Forex tools. We believe in transparent performance—no curve-fitting or cherry-picked data. Every tool gets regular updates based on live-market feedback, and you get them free for life. Our community on ForexFactory.cc is active and supportive, sharing tips, settings, and success stories. When you choose a YoForex-powered EA like Luxury Gold Scalp EA V1.0 MT4, you’re opting for reliability, ongoing optimization, and zero subscription fees.

Support & Disclaimer

Got issues? Our support team is a message away. Reach out on WhatsApp: https://wa.me/+443300272265 or join our Telegram group: https://t.me/yoforexrobot. We’ll help troubleshoot, share optimized settings, and chat strategy.

Disclaimer: Past performance isn’t a guarantee of future results. Luxury Gold Scalp EA V1.0 MT4 is provided “as-is.” Always demo-test before going live, never risk more than you can afford to lose, and employ sound risk-management.

Call to Action

Ready to elevate your gold scalping? Download Luxury Gold Scalp EA V1.0 MT4 now—no strings attached! Head over to the ForexFactory.cc thread, hit download, install, and let the EA do the heavy lifting. With our free support channels, you’re never trading alone. Scalp smarter, trade better—start today!

FAQ

Q: Which timeframe works best?
A: M5 is our sweet spot, balancing signal frequency and noise reduction. M1 and M15 work too, but M5 tends to deliver the most consistent scalping results.

Q: Can I use this EA on other currency pairs?
A: It’s optimized for XAUUSD’s volatility profile. You can test on major FX pairs, but expect different performance—gold’s unique swings suit scalping best.

Q: Is it compatible with all brokers?
A: Yes, most ECN/STP brokers with low spreads. We recommend demo-testing to verify execution speed and spread conditions before going live.

Q: How do I update the EA when new versions release?
A: Simply download the updated .ex4 from the same ForexFactory.cc thread and overwrite the old file in your Experts folder. Restart MT4 and you’re running the latest build.

⚡️Upgrade
Get the Pro version—Luxury Gold Scalp EA Pro v2.0 MT4—for advanced money-management, multi-pair support, and premium strategy filters.

Happy Trading!