Introduction


Gold trading can be a double-edged sword. The volatility is massive, the profits are tempting… but one bad move? Boom—account gone.


If you’re tired of overleveraged EAs that promise the moon and end up crashing and burning, it’s time to try something smarter. Introducing the TeslaFx GOLDEN WINGS EA V1.0 MT4—a precision-built, gold-only Expert Advisor designed to scalp XAUUSD with accuracy and safety.


Developed by the ever-reliable YoForex team, this EA has been fine-tuned to exploit micro price movements in gold, using high-frequency logic and razor-sharp entries on short timeframes. And the best part? It’s 100% free to download from ForexFactory.cc.


Let’s dive into how this golden bird soars.


Overview – What Is TeslaFx GOLDEN WINGS EA?


TeslaFx GOLDEN WINGS EA V1.0 is an automated scalping Expert Advisor designed exclusively for XAUUSD (Gold) trading on the M5 timeframe in MetaTrader 4.


Unlike generic bots that try to cover too many markets, this EA is purpose-built for one job: gold scalping. It uses a hybrid model of momentum breakout detection, micro-trend reversals, and time-based volatility windows to place trades when gold is primed to move quickly.


The EA has been optimized to work best during London and New York sessions, where volume and volatility align perfectly. If you’ve been on the hunt for a gold bot that knows exactly what it’s doing—this is it.


Recommended Setup



  • Pair: XAUUSD (GOLD)

  • Timeframe: M5 (5-minute)

  • Minimum Deposit: $300

  • Leverage: 1:200 or higher

  • Account Type: ECN preferred

  • Spread Limit: <25 points for best results



Key Features of GOLDEN WINGS EA


Here’s why GOLDEN WINGS EA has been making noise in the gold scalping community:


•  Built specifically for XAUUSD scalping
•  Works best during London & NY market overlaps
•  Fast entry/exit system based on gold volatility bursts
•  No martingale, grid, or over-trading logic
•  Adaptive TP/SL based on ATR (Average True Range)
•  Smart trailing stop system
•  Micro-drawdown (usually <6%)
•  Compatible with prop firm rules
•  Customizable risk settings from 0.5% to 5%
•  Back-tested & live-tested by YoForex
•  100% free on ForexFactory.cc with lifetime updates


This EA is perfect for traders looking for short, high-precision trades with minimal drawdown exposure.


Backtest Results & Live Performance


Let’s talk numbers. The YoForex team ran the GOLDEN WINGS EA on XAUUSD over multiple years using high-quality historical tick data.


Backtest Snapshot:



  • Period: Jan 2022 – Mar 2024

  • Initial Capital: $1,000

  • Net Profit: $5,420

  • Max Drawdown: 5.4%

  • Risk Setting: Medium

  • Trade Frequency: ~3–8 trades/day

  • Win Rate: 72%

  • Risk-to-Reward Ratio: ~1:1.5 average


This EA doesn’t go all-in—it plays it smart. And when run on live/demo accounts over 4 months, results closely mirrored the backtest, thanks to its spread-filtering logic and execution speed optimization.



How to Install TeslaFx GOLDEN WINGS EA


Worried about installation? Don’t be. The EA was built for beginners too.


Setup Steps:



  1. Download the EA from ForexFactory.cc → Newest EAs Section

  2. Move the .ex4 file into your MT4 terminal:
    File → Open Data Folder → MQL4 → Experts

  3. Restart MetaTrader 4

  4. Open a 5-minute chart of XAUUSD

  5. Drag the EA onto the chart

  6. Load the recommended .set file (usually included in the zip)

  7. Enable “AutoTrading”

  8. Watch it go to work


For best results, run it on a VPS with <5ms latency, especially during the London/NY overlap window (13:00–18:00 GMT).


Why YoForex EAs Stand Out


There’s no shortage of trading bots out there. But here’s why YoForex stands out:



  • Everything is 100% free. No license locks, no hidden paywalls

  • All EAs are back-tested AND live-tested before release

  • Ongoing updates for lifetime performance

  • Transparent strategy logic—no black box nonsense

  • Real human support via Telegram and WhatsApp


YoForex’s mission is simple: give traders powerful, safe tools without charging a dime. That’s why GOLDEN WINGS EA is hosted on ForexFactory.cc—your go-to place for tested, trusted, and trending forex bots.


Visit our About Us page to learn more about the vision behind YoForex.


Support 


Have issues? Setup questions? Need help choosing the right lot size?



We're active 24/7 helping traders from over 40 countries.


Final Thoughts – Ready to Fly?


If you’re looking for a smart, safe, and surgical gold scalper, the TeslaFx GOLDEN WINGS EA V1.0 MT4 is about to become your new favorite tool.


It’s not flashy, but it’s damn consistent—and that’s what makes all the difference.


 Download GOLDEN WINGS EA free from ForexFactory.cc
 No registration, no payment, no fuss
 Join the Telegram group and share your results with other traders


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YoForex—empowering traders worldwide, one free tool at a time.


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Happy Trading