Ever felt like gold trading on the M5 chart is a wild rollercoaster ride? You’re not alone. Traders often get burned by sudden spikes or choppy noise, especially when scalping XAUUSD manually. That’s why YoForex created Pharaoh Gold EA V1.7 MT4, a free Expert Advisor that takes the guesswork out of your gold scalping strategy. Fully back-tested and stress-tested live, this EA is designed to lock in consistent micro-profits on the M5 timeframe…without martingale tricks or hidden gimmicks. Whether you’re a newbie still learning to read candlesticks or a pro looking to automate boring bits of your routine, Pharaoh Gold EA’s got your back. Ready to dive in? Let’s check out how it works, why it rocks, and how you can snag your copy on ForexFactory.cc—100% free, lifetime updates included.


Overview


Pharaoh Gold EA V1.7 is built specifically for MetaTrader 4, trading XAUUSD on the M5 chart. Its core engine combines pattern recognition with adaptive filtering to identify high-probability entries and exits. Unlike those “black-box” robots, you can tweak every parameter—stop loss, take profit, lot size and more—right in the MT4 Navigator panel. YoForex’s dev team spent months fine-tuning the algorithm against 10 years of tick data, so you don’t have to second-guess your setup. The result? A scalping EA that hunts small, steady gains while capping drawdowns at a manageable level.


If you’re curious about YoForex’s other offerings, check out the Newest EAs or browse the Indicator section on ForexFactory.cc. And don’t forget to read what other users have to say in the User Reviews before you hit download.



Key Features


• 1–2% daily target on average
• Max drawdown capped at 5%
• No martingale or grid trading
• Fully adjustable SL/TP per trade
• Dynamic lot sizing based on equity
• Compatible with XAUUSD only (M5)
• Works seamlessly on VPS (24/7)
• Alert notifications via email/SMS
• Lightweight code—minimal CPU load
• Lifetime free updates by YoForex


Backtest Proof & Live Performance


YoForex ran a rigorous 5-year backtest from January 2015 to December 2019 using real tick data. The equity curve shows a smooth, upward trajectory with a win rate of 72% and an overall profit factor of 1.8. Peak drawdown stayed under 4.8%, demonstrating solid risk control even during volatile gold swings.


In live trading on a micro account, the EA has logged over 1,200 trades, netting a consistent 0.8–1.5% per session. You can view the live results screenshot in the MT4 Terminal’s Journal tab, or request the Performance vs. Drawdown Chart directly from the YoForex support team. The beauty here is that what you see in the backtest closely mirrors real-world performance—no marketing fluff, promise.


Installation & Setup


Getting started is dead simple:



  1. Download the EA from ForexFactory.cc: Download Pharaoh Gold EA V1.7

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

  3. Restart MT4, then open the Navigator panel, right-click on Expert Advisors, and select Refresh.

  4. Drag Pharaoh Gold EA onto your XAUUSD M5 chart.

  5. In the EA properties, import the recommended preset (PharaohGold_Default.set) or tweak inputs to your liking.

  6. Enable AutoTrading and watch the magic happen!


 



Why Choose YoForex-Powered Tools?


YoForex has a rep for delivering 100% free trading tools with transparent performance reports. Every EA or indicator they release comes with lifetime updates—no hidden fees, no upsells. Plus, you get dedicated support from the YoForex team, so if you hit any snags, you’re never left hanging. It’s why so many traders trust YoForex as their go-to source for ForexFactory EA downloads.


Support & Disclaimer


Got questions or need help?
• WhatsApp: https://wa.me/+443300272265
• Telegram: https://t.me/yoforexrobot


Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test any EA before going live. Trading involves risk; only invest capital you can afford to lose.


Call to Action


Ready to automate your gold scalping on M5? Download Pharaoh Gold EA V1.7 MT4 now on ForexFactory.cc—no strings attached, lifetime free updates, & unlimited support via WhatsApp or Telegram. Let YoForex power your trading edge today!


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Happy Trading