Welcome to the golden era of automated gold trading—meet the Gold Alliance AI EA V1.71 MT4, your go-to price action maestro for XAUUSD on the M5 timeframe. Tired of guessing where price will go? Fed up with overpriced robots that overpromise and underdeliver? This free Expert Advisor from YoForex cuts through the noise with data-driven signals, real-time analysis, and strategic trade entries…all without martingale or hidden tricks. Let’s dive into how this powerful tool can transform your gold trading, whether you’re a seasoned pro or just starting out.
Overview
The Gold Alliance AI EA is built around a sophisticated price action algorithm that adapts to shifting market structures. It reads candlestick patterns, support/resistance zones, and volatility spikes to pinpoint high-probability trades. Unlike many EAs that rely on fixed indicators, this advisor constantly recalibrates its strategy based on live tick data and multi-timeframe confirmation—so you’re always trading with the pulse of the market.
- Core Purpose: Automate your XAUUSD trading, capturing micro-moves on the 5-minute chart for steady gains.
- Algorithmic Approach: Data-driven price action with dynamic risk management.
- Live-Market Verified: Backtested since 2019 and monitored on demo/live accounts for over 12 months.
Ready to learn more? Check out our Beginner’s Guide for a full primer on setting up MT4 EAs, or explore other YoForex tools on our Expert Advisors page.
Key Features
Gold Alliance AI EA packs a punch with features designed to keep drawdowns low and profits consistent. Here are the highlights:
- 1–2% Daily Profit Target: A realistic goal based on backtest data and live runs.
- Max Drawdown ≤ 5%: Robust risk filters kick in when volatility spikes.
- No Martingale, No Grid: Pure price action—no dangerous compounding.
- Adaptive Stop-Loss & Take-Profit: Calculated per trade using ATR and recent swing points.
- Dynamic Lot Sizing: Auto-MM adjusts position size to your account balance and risk tolerance.
- Spread & Slippage Protection: Disables trading if spreads exceed chosen threshold or during high-impact news.
- Multi-Timeframe Confirmation: Uses M15 and H1 for trend filtering on top of M5 entries.
- Session Filter: Only trades during London and New York overlaps for maximum liquidity.
- Custom Alerts & Notifications: Get trade details via MT4 push, email, or Telegram.
- Auto-Update Module: Keeps your EA current with the latest enhancements from YoForex.
Each feature works in harmony to give you a systematic edge—no guesswork, just precision.
Backtest Results & Proof
Our in-depth backtest ran from January 1, 2019 to December 31, 2023 on a $10,000 micro account, using real tick data:
- Total Trades: 4,250
- Net Profit: +124.5%
- Profit Factor: 1.78
- Max Drawdown: 4.9%
- Average Trade Duration: 35 minutes
Live-market tracking on our demo server confirms similar performance: around 1.3% average daily growth with drawdowns consistently under 5%.
Proof’s in the numbers—this EA doesn’t chase every tick. It selects high-odds setups and ignores the rest.
How to Install & Configure
Getting started is a breeze—just follow these steps:
- Download & Extract
- Grab the EA from the download page.
- Unzip
GoldAllianceAI_V171.ex4to your computer.
- Copy to MT4
- Open MT4 folder:
File → Open Data Folder → MQL4 → Experts. - Paste the
.ex4file into theExpertsdirectory.
- Attach to Chart
- Restart MT4.
- In Navigator, drag “Gold Alliance AI EA V1.71” onto an XAUUSD M5 chart.
- Recommended Settings
- Risk per Trade:
1.5%of balance - Max Spread:
20(for XAUUSD) - Trading Sessions:
London+NewYork - Notification Method:
Telegram(enter your chat ID)
Feel free to tweak session filters or risk levels based on your personal style, tho these defaults work solidly out of the box.
Why Choose YoForex-Powered Tools?
YoForex has built a reputation for transparency, ongoing updates, and genuine support:
- Trusted Brand: Over 10,000 users on yoforex.net and more across partner sites.
- Free Updates: Get the latest features automatically, no hidden fees.
- Data-Driven Development: Every EA is honed on years of tick-by-tick data.
Learn more about our mission on the About Us page. Our team of quants and developers is constantly refining strategies so you’re always trading with cutting-edge tools.
Support & Disclaimer
Got a question or hit a bug? Ping our support crew anytime:
- WhatsApp: Chat now
- Telegram: Join our group
Disclaimer: Past performance is not a guarantee of future results. Always demo-test any EA on a risk-free account before going live, and trade responsibly. Don’t risk more than you can afford to lose.
Call to Action
Ready to ride the gold wave? Grab your free Gold Alliance AI EA V1.71 for MT4 today and start trading smarter—not harder. Unlimited support awaits on WhatsApp and Telegram, so you’re never alone in your journey to gold profits.
YoForex – empowering traders worldwide, one free tool at a time.