Gann Fan EA V1.0 MQ4 – Precision Entries on GBPUSD, EURUSD & Gold (Free)


Sick of overhyped bots that blow up on news spikes? Same. That’s why we’re releasing Gann Fan EA V1.0 MQ4 on ForexFactory.cc—100% free, powered by YoForex. If you’ve ever drawn Gann fan angles by hand and wished your MT4 could do the clean, rules-based part for you… this one’s for you.


This EA blends classic Gann angle geometry with modern risk control. It’s built for GBPUSD, EURUSD, and XAUUSD on H1 to M15. No martingale, no crazy grids, and no “hold-and-hope.” Just angle-based structure, momentum confirmation and a straightforward rulebook your risk manager would actually smile at—coz it’s clear.


Overview


Gann Fan EA V1.0 MQ4 translates the iconic Gann fan into mechanical MT4 logic. The EA draws decision zones from the fan’s key angles (1×1, 1×2, 2×1, etc.) and waits for price + volume/momentum alignment before triggering entries. That means you’re not guessing where “structure” is—your entries follow pre-defined angle relationships that have guided discretionary traders for decades.



  • Markets: GBPUSD, EURUSD, XAUUSD

  • Timeframes: H1, M30, M15

  • Platform: MT4 (expert advisor .mq4 / .ex4)

  • Strategy Core: Angle-based structure + momentum filter + session logic

  • Risk: Fixed fractional or fixed lot, with hard SL/TP and optional break-even


YoForex’s team has back-tested and traded this EA live on prop-friendly settings. We’ve kept the defaults conservative, with clear input names so you can tweak without decoding cryptic variables. The point is control: you decide risk per trade, max concurrent trades, and whether to use a news pause.


Want more EAs or indicators? Explore our Expert Advisors library and Indicators section on ForexFactory.cc.



Key Features


• Angle-Aware Entries: Trades align with Gann 1×1, 1×2, 2×1, and custom angle sets.
• Multi-Symbol Ready: Tuned for GBPUSD, EURUSD, XAUUSD; works cleanly across them.
• Timeframe Flex: H1 to M15 logic with per-TF filters to reduce chop.
• Momentum + Volume Filter: Confirms angle breaks with real momentum, not just a single candle poke.
• Session Filter: Optional London/NY focus to avoid dead zones.
• Risk First: Fixed fractional risk, hard SL/TP, max daily loss cap, max trades/day.
• No Martingale/Grid: One position = one idea; pyramiding optional and capped.
• News Guard (optional): Pause before/after high-impact events (manual calendar input or your routine).
• Prop-Friendly Presets: Includes low-drawdown set files; avoids holding through major red news by default.
• EA Dashboard: On-chart status: symbol, TF, spread, risk, open exposure, daily P/L.
• Trade Annotations: Each entry shows the reference angle and reason (e.g., “1×1 break + momentum”).
• Alerting: Popup + push notifications when a new trade opens/closes.


How the Strategy Works (In Plain English)



  1. Build Structure: The EA projects Gann fan angles from a recent swing anchor.

  2. Wait for Location: Price tests/breaks specific angles—these zones are treated like inclined S/R.

  3. Confirm With Momentum: A short burst in direction (range + volume proxy) validates the break.

  4. Risk-Defined Entry: Trade opens with pre-set SL and target logic (RR-based or structure-based).

  5. Intelligent Exits: Optional trailing, break-even shift at X% of TP, time-of-day exit filter.


You get the best of both worlds: the structure discipline of Gann plus modern risk control and filters that keep you out of noise (most of it, anyway—nothing is perfect).


Backtest Proof & Live Performance (What We Saw)


We ran a mixed-period test to simulate varying volatility regimes:



  • Period: Jan 2022 – Aug 2025

  • Symbols: GBPUSD, EURUSD, XAUUSD

  • Timeframes: H1, M30, M15

  • Modeling: Variable spread; realistic stops; no martingale; 1R = fixed fractional risk

  • Risk: 0.5–1.0% per trade (default 0.7%)


What stood out:



  • GBPUSD (H1): Smoothest equity line under the conservative preset. Fewer but cleaner signals.

  • EURUSD (M30): Moderate frequency; better during London/NY overlap.

  • XAUUSD (M15): Higher trade count and faster cycles—rewarding but needs stricter filters (we included them).

  • Max DD: Kept within low double digits in conservative mode (aggressive presets can push higher).

  • Win-rate: Dependent on RR; setups are designed to win modestly often, with losers cut fast.


We also forward-tested on a small live account with YoForex’s internal team. Execution was stable on low-spread brokers, and the news pause helped through CPI/NFP weeks. Results will vary by broker, spread, and how strictly you stick to sessions—so please demo first.


Installation & Setup (MT4)



  1. Download the EA from ForexFactory.cc (product link below).

  2. Open MT4 → File → Open Data Folder → MQL4 → Experts.

  3. Copy Gann Fan EA V1.0 MQ4 (.mq4 or .ex4) into Experts.

  4. Restart MT4 → in Navigator, right-click Expert Advisors → Refresh.

  5. Drag Gann Fan EA V1.0 MQ4 onto GBPUSD/EURUSD/XAUUSD chart (H1/M30/M15).

  6. Check Allow live trading and Allow DLL imports if required.

  7. Load a preset: conservative, balanced, or aggressive (included).

  8. Set Risk %, Max Daily Loss, and Session Filter to match your routine.

  9. Optional: Configure news pause around high-impact events you care about.



Suggested image: MT4 Navigator panel with EA attached (alt: “MT4 settings panel showing EA inputs”).




Best-Practice Settings (Quick Tips)



  • Start on H1 for GBPUSD using the conservative preset.

  • Use M30 for EURUSD if you trade London/NY overlap.

  • Gold on M15 can be great—but only if spreads are tight and VPS latency is low.

  • Risk 0.5–0.7% per trade until you’re comfortable; scale slowly.

  • Disable Fridays after NY lunch if you hate weekend gaps.

  • Keep it prop-friendly: Max daily loss, max trades/day, and a news pause around CPI/FOMC/NFP.


Why Choose YoForex-Powered Tools?


Because we actually ship tools we trade ourselves. YoForex backs all free downloads on ForexFactory.cc with:



  • Free lifetime updates (we patch, you update—no fees).

  • Ongoing optimizations as market regimes change.

  • Transparent notes on what changed and why.

  • Human support when you get stuck—no ghosts.


Peek around our EA collection to see what else the team maintains.


Support & Disclaimer


Got issues or want us to peek at your settings? Ping us:



Disclaimer: This is not financial advice. Past performance does not guarantee future results. Always demo-test before going live. Trading involves risk—including the risk of loss. Keep risk per trade small, and use the session/news filters.


Call to Action


Ready to put structure behind your entries? Download Gann Fan EA V1.0 MQ4 now—totally free, no strings attached. Import the preset that fits your style, run a week on demo, then decide. We’ll be here with updates and guidance whenever you need it.


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Happy Trading