Sick of overpriced EAs that overpromise and underdeliver? Meet ROBO Golden Phoenix EA MT4, a fully free ForexFactory EA built just for XAUUSD scalping. You’ll love how it slices through micro-trends on the M5 chart, catching quick wins while keeping drawdowns tiny. Developed by the YoForex team and battle-tested on live accounts, this MT4 expert advisor gives you the edge without costing a dime. No subscriptions, no hidden fees—just straight-up performance. In this post, we’ll walk you through its core function, standout features, back-test proof, and step-by-step install guide… so you can start scalping gold like a pro ASAP.


Overview


ROBO Golden Phoenix EA MT4 zeroes in on XAUUSD moves with a blend of price-action triggers and volatility filters. Unlike grid or martingale bots that can blow your account, this ForexFactory EA uses adaptive stop-loss and take-profit logic to lock in gains fast. YoForex’s quant squad ran it through a rigorous 6-year back-test on tick data—from January 2019 to December 2024—covering over 40,000 trades. Then, they flipped it to live mode on a real XAUUSD account with minimal slippage. The result? An average 1.5% daily return, with a max drawdown under 4.5%, matching back-test projections nearly perfectly—no curve fitting. Seriously, that’s the kind of transparency you don’t see every day.


Curious about other top freebies? Check out Newest EAs for the latest bots, browse our Indicator section to complement your strategies, or dive into real user reviews and see what traders are saying.


Key Features


• Dedicated XAUUSD scalper on M5 (works on M1–M15)
• 1–2% daily target with adaptive TP/SL
• Max drawdown: 4.5%—risk kept lean
• No martingale, no grid tricks
• Auto-lot sizing based on account equity
• Volatility & price-action filters combo
• Customizable settings for TP, SL, trailing stop
• Email & push notifications on each trade
• VPS-friendly, minimal resource usage
• Lifetime free updates from YoForex


Backtest Proof & Live Performance


YoForex didn’t just slap some code together; they stress-tested ROBO Golden Phoenix EA MT4 across six years of tick data, spanning 40,000+ trades. The equity curve? Nearly vertical—consistent upward slope with only a handful of sub-2% retracements. Here’s a quick snapshot:



Then came live testing. From January 2025 through June 2025, the EA ran on a funded XAUUSD account. Over 1,500 real trades, it posted +18% ROI in 30 days, boasting a Sharpe ratio of 2.8. Drawdowns never exceeded 4%, exactly like the back-test. No smoke and mirrors—just raw performance.



Installation & Setup



  1. Download ROBO Golden Phoenix EA MT4 from ForexFactory.cc:
    https://www.forexfactory.cc/showthread.php?t=238765-ROBO-Golden-Phoenix-EA-MT4

  2. Copy RoboGoldenPhoenix.ex4 into your MT4 /MQL4/Experts folder.

  3. Restart MT4 or hit Refresh in the Navigator (see screenshot).

  4. Drag & drop the EA onto an XAUUSD M5 chart.

  5. Import the recommended settings (Robo_Default.set) under “Inputs.”

  6. Enable AutoTrading and watch it go.


Alt text: MT4 Navigator panel showing EA inputs
Got questions? Drop into our user reviews to see community tips, or hit our support channels below.


Why Choose YoForex Tools?


YoForex isn’t about flashy sales pitches—they’re traders, analysts, and devs who deliver 100% free lifetime updates, ongoing optimizations, and full transparency. Every tool we release on ForexFactory is back-tested publicly, then deployed live by our own team. No upsells, no paywalls; just honest, high-quality MT4 expert advisors that traders love. Check our journey on About Us or on our ForexFactory profile to learn more.


Support & Disclaimer


Got issues? Reach out on WhatsApp or join our Telegram group for 24/5 real-time help. You deserve fast answers, right?


Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test before going live. Trade responsibly, manage your risk, and never risk more than you can afford to lose.


Call to Action


Ready to scalp gold like a champ—without spending a dime? Download ROBO Golden Phoenix EA MT4 now on ForexFactory.cc, slap it on your MT4, and let the profits roll in. Remember, you get free lifetime updates and unlimited support via WhatsApp & Telegram…so why wait? Give it a spin and see what a truly free ForexFactory EA can do for your trading.


FAQ




  1. What minimum deposit do I need?
    We recommend $200 for proper margin and spread coverage on XAUUSD.




  2. Which timeframe works best?
    M5 is optimal; M1–M15 also deliver solid performance.




  3. Do I need a VPS?
    VPS is recommended for uninterrupted trading, tho a stable PC works too.




  4. Can I use fixed lot sizes?
    Yep—you can choose auto-lot or fixed volume in Inputs.




  5. Is it safe during news?
    The EA’s volatility filter pauses new trades around major news.




  6. How often are updates released?
    We push updates quarterly, or sooner if market conditions demand.