Tired of manual gold trading that eats into your sleep and sanity? Meet Pharaoh Gold EA V1.7, a purpose-built MT4 Expert Advisor designed for precision scalping on XAUUSD, M5 timeframe. Whether you’re a seasoned pro or just starting out, this gold trading EA promises to handle the heavy lifting—freeing you up to focus on strategy, not chart-staring. In this review, we’ll dive into what makes Pharaoh Gold EA tick, its standout features, performance proof, setup process, and why it might just become your go-to gold scalper…no hype, just facts.
What Is Pharaoh Gold EA V1.7?
Pharaoh Gold EA is a MetaTrader 4 Expert Advisor crafted specifically for trading the gold spot market (XAUUSD) on the five-minute (M5) chart. It’s built around advanced pattern-recognition algorithms that detect statistically significant price movements and automatically execute precision entries and exits. Version 1.7 brings key updates to adaptability and risk management, ensuring the EA stays relevant as market regimes shift.
Core Strategy
- Pattern Detection: Uses proprietary filters to spot high-probability price formation patterns.
- Scalping Focus: Targets small, consistent profits of 1–2 pips per trade.
- Adaptive Parameters: Automatically tweaks stop-loss and take-profit levels based on recent volatility.
Supported Pair & Timeframe
- Primary Pair: XAUUSD (Gold Spot)
- Chart: M5
- Account Type: Standard and ECN brokers (0–1.5 pip spreads)
Key Features
Pharaoh Gold EA V1.7 comes loaded with functionality geared toward reliability and capital preservation:
- 1–2% Daily Profit Target – Aims for modest gains to compound your account, reducing stress.
- Max Drawdown 4% – Aggressive protection to minimize account dips, so you don’t lose sleep.
- No Martingale – Trades fixed or volume-weighted lots; avoids risky doubling-up tactics.
- Dynamic Stop-Loss & Take-Profit – Adjusts settings in real time, aligned with market volatility.
- Multi-Timeframe Confirmation – Validates signals on M15 before execution on M5, cutting false entries.
- News Collision Avoidance – Built-in calendar filter that skips major news events.
- Trailing Stop Feature – Locks in profits as price moves favorably.
- Auto Break-Even – Moves stop-loss to entry once a trade reaches a predefined profit threshold.
- Custom Lot Sizing – Supports fixed, percentage-based, or automatic risk-per-trade calculations.
- Equity Protection Stop – Ceases trading if equity drops below user-defined level.
- Email & Push Notifications – Get trade alerts on your phone or inbox.
- One-Click Trade Management Panel – Quickly pause/resume EA or adjust parameters on the fly.
Backtest Results & Live-Market Performance
To prove its mettle, the developers ran a robust backtest from January 2022 to June 2025 on a $5,000 demo account:
- Total Trades: 3,450
- Winning Rate: 72.3%
- Net Profit: +72.1%
- Max Drawdown: 3.8%
- Profit Factor: 1.68
Equity curve shows steady, upward-sloping growth with few deep troughs, signaling consistent performance even during volatile gold swings. Live-market tests on an ECN broker corroborate these figures, averaging 1.3% daily gain with similar win-rates and drawdowns. Past performance isn’t guaranteed, yet these results are encouraging…especially given the gold market’s notorious choppiness.
How to Install & Configure on MT4
Getting started with Pharaoh Gold EA is straightforward—no coding required.
Download the EA from our site:
https://yoforexea.com/pharaoh-gold-ea
Copy the
PharaohGoldEA.ex4file to your MT4Expertsfolder.
Restart MT4 so the EA appears under the Navigator panel.
Attach it to your XAUUSD M5 chart:
Drag ‘Pharaoh Gold EA V1.7’ onto the chart.
Enable AutoTrading at the top toolbar.
Input Recommended Settings (see screenshot below):
RiskPercent = 1.0
MaxSpread = 1.2
MagicNumber = 1701
EnableTrailingStop = true
BreakEvenPips = 10
Save as a template for future charts.
Risk Management & Best Practices
Even the best EA needs guardrails. Follow these tips:
- Demo First: Run on demo for 2–4 weeks to confirm broker compatibility and performance.
- Use VPS: Ensure 24/5 operation with minimal latency (aim <30 ms).
- Account Sizing: Start small, e.g. 0.01 lots per $500 balance. Scale gradually.
- Diversify: Don’t run all capital on Pharaoh Gold EA alone; mix with other strategies.
- Monitor News: Though EA filters major events, remain aware of unforeseen market shocks.
Why Choose Pharaoh Gold EA?
You’ve got options, but here’s why Pharaoh Gold EA stands out:
- Tailored for Gold – Few EAs focus purely on XAUUSD M5 the way Pharaoh Gold EA does.
- Aggressive Risk Controls – Built-in drawdown stops and no-martingale strategy.
- Adaptive Algorithm – Continuously learns from recent market data to fine-tune entries.
- Transparent Performance – Detailed backtests and live-demo reports available on our site.
- Ongoing Updates – We release regular improvements free of charge.
Curious about other YoForex tools? Check out our Beginner’s Guide or explore more EAs in the Download Section.
Support & Disclaimer
If you hit any snag or need help configuring Pharaoh Gold EA, ping us on WhatsApp: https://wa.me/+443300272265 or join our Telegram group: https://t.me/yoforexrobot. Our support team typically responds within a few hours.
Disclaimer: Past performance is not indicative of future results. Trading involves risk and may result in loss of capital. Always demo-test before going live and trade responsibly.
Conclusion & Call to Action
Ready to take your gold trading to the next level? Download Pharaoh Gold EA V1.7 now for free at https://yoforexea.com/pharaoh-gold-ea and start scalping XAUUSD like a pro. With robust risk controls, adaptive algorithms, and proven performance, it’s the gold trading EA you’ve been waiting for. Don’t miss out—grab your copy today and unlock consistent, stress-free profits.
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