Sick of overpriced EAs that promise the moon but deliver squat? Meet Unlock The Formula One EA V2.0 MT5, a 100% free ForexFactory EA powered by YoForex. This MT5 expert advisor is built for traders who crave precision entries, tight risk control, and hands-off automation—all without spending a dime. We’ve back-tested it across various pairs, run it live on demo and small real accounts, and fine-tuned every setting so you don’t have to. Ready to level up? Grab your free copy on ForexFactory.cc and see why traders are switching to YoForex’s no-cost powerhouse.



“I thought free meant basic—but this EA crushes premium alternatives, no joke.”



Overview


Unlock The Formula One EA V2.0 MT5 is designed to sniff out high-probability setups in trending markets. It uses a proprietary blend of momentum filters and volatility breakouts to enter trades with optimal timing. Unlike many MT5 expert advisors that rely on martingale or grid logic, Formula One sticks to fixed-lot sizing and strict stop-loss rules—keeping drawdowns shallow.


YoForex’s team of quant analysts ran this ForexFactory EA through a rigorous two-year backtest (2019–2021) and live-demo cycle before releasing it free on ForexFactory.cc. Whether you swing trades on H1 or scalp on M15, Formula One adapts its sensitivity to the timeframe—so you don’t need multiple EAs for different charts.


Formula One EA V2.0


Key Features



  • 1–2% daily profit target (realistic, not hyped)

  • Maximum drawdown capped at 5% per week

  • No martingale or grid, straight fixed-lot sizing

  • Adaptive trend-filtering for multi-timeframe use

  • Auto-trade news filter to skip high-volatility events

  • Breakeven + trailing stop algorithm

  • Compatible with all major currency pairs

  • Works on MT5 build 3280+

  • Fully customizable risk parameters

  • Free lifetime updates from YoForex


Backtest Proof & Live Performance


We backtested Unlock The Formula One EA V2.0 MT5 on EUR/USD, GBP/USD, and USD/JPY from Jan 2019 to Dec 2021, using tick-level data. Sample size: over 10,000 trades, with a profit factor of 1.85 and an average drawdown of 3.9%. Equity curve below speaks volumes—steady growth, few big dips, and no unacceptable DD spikes.



Backtest equity curve for Unlock The Formula One EA V2.0 MT5


Live-demo runs on a micro account (0.01 lot start) delivered 1.4% monthly gains over 6 months with a max drawdown of 4.7%. Drawdown vs. return comparison shows an ideal risk-reward balance—you won’t feel queasy staring at your chart.



Risk vs reward for Unlock The Formula One EA V2.0 MT5


Formula One EA V2.0


Installation & Setup



  1. Download the EA from its ForexFactory.cc page:
    Download Unlock The Formula One EA V2.0 MT5

  2. Copy UnlockFormulaOneEA.ex5 and the FormulaOneInputs.set file into your MT5/MQL5/Experts folder.

  3. Restart MT5, open the Navigator panel, and drag the EA onto your chosen chart.

  4. Import the recommended settings via the “Inputs → Load” menu.

  5. Enable AutoTrading and let it run—no brain power required.



MT5 Navigator panel showing EA inputs


Why Choose YoForex-Powered Tools?


YoForex is on a mission: democratize profitable automations. Every tool here is 100% free, backed by rigorous testing, and updated continuously. You’ll never pay hidden fees or subscribe to endless “premium” tiers. Plus, YoForex publishes transparent performance reports so you always know what you’re running. Want more? Check out the Newest EAs or explore our Indicator section for even more free downloads.


FAQ


Q: Can I run Unlock The Formula One EA on multiple pairs at once?
A: Absolutely—just add it to each chart and adjust lot sizes per account equity.


Q: Does it trade during major news?
A: It auto-skips NFP and central bank events—configurable in Inputs.


Q: How do I get support?
A: Ping us on WhatsApp or join our Telegram group (details below).


Formula One EA V2.0


Support & Disclaimer


Got issues? Reach out anytime—YoForex’s support crew is on WhatsApp at https://wa.me/+443300272265 or hop into our Telegram chat: https://t.me/yoforexrobot.


Disclaimer: Past performance isn’t a guarantee of future results. All strategies carry risk. Always demo-test before going live and trade responsibly.


Call to Action


Ready to turbo-charge your trading? Don’t wait—download Unlock The Formula One EA V2.0 MT5 now on ForexFactory.cc and start automating your edge today. It’s free, no strings attached, and YoForex’s lifetime support has your back.


 


Happy Trading