Introduction


Sick of overpriced expert advisors that promise the moon but barely nudge your account balance? You’re not alone. Tons of traders waste cash on EAs that lack transparency, detailed backtests, or support. Enter Gold Fisher EA MT5, a 100% free ForexFactory EA powered by YoForex. We’ve stress-tested it live, honed its algorithms, and now you can grab it—no strings attached—straight from ForexFactory.cc. Ready to see how this MT5 expert advisor can help you nail that XAUUSD setup? Let’s dive in…


Overview


Gold Fisher EA MT5 is designed for one goal: consistent, low-volatility profits on gold. Built on MetaTrader 5, this ForexFactory EA uses a blend of trend-detection and mean-reversion logic—coz sometimes gold swings wildly, and you wanna ride the trend, then snap back for quick scalps. We’ve run it through rigorous backtests from 2015–2025 (tick data, spreads included) and seen clean equity curves, minimal drawdown, and solid edge across multiple timeframes. Whether you’re on M15 or H1, Gold Fisher adapts its entry filters and dynamic take-profit levels. And hey, if you wanna compare, check out other Newest EAs on ForexFactory.cc to see how it stacks up.


Key Features



  • 1–2% Daily Target – realistic, steady gains without overnight risk

  • Max Drawdown 5% – built-in risk caps to protect your account

  • No Martingale – avoids compounding risk; smart position sizing instead

  • Multi-Symbol Ready – optimized for XAUUSD but works on major FX pairs

  • All Timeframes – M5, M15, H1 support for flexible trading styles

  • Spread & Slippage Controls – avoids choppy market conditions

  • Trailing Stop Logic – locks in profits as price moves in your favor

  • News Filter – pauses trading around high-impact events

  • Compatible with Strategy Tester – verify backtests yourself

  • Lifetime Updates – YoForex keeps refining the code, free for life


Explore more in the Indicators section to combine its signals with custom filters—tho out-of-the-box this MT5 expert advisor shines.


Backtest Proof & Live Performance


We backtested Gold Fisher EA MT5 from Jan 1, 2015 to Dec 31, 2024 on tick-accurate data. Over 10 years, the equity curve remained smooth, with a total net profit of 1,100% and a max drawdown of just 4.8%. Sample size: over 3,500 trades—ample data to trust the edge.



Live-account testing on our funded YoForex account shows 15% net gain over 3 months (Mar 2025–May 2025), with weekly updates posted in the User reviews section. Below is a risk vs reward snapshot from our MT5 tester:



Installation & Setup


Getting started with Gold Fisher EA MT5 is a breeze—no coding needed:



  1. Download the EA .ex5 file from ForexFactory:
    Download Gold Fisher EA MT5

  2. Copy GoldFisherEA.ex5 into your MT5 folder:
    MQL5/Experts/

  3. Restart MT5 so it picks up the new EA.

  4. Attach to an XAUUSD chart (M15 recommended): drag “Gold Fisher EA MT5” from the Navigator.

  5. Import the recommended settings:



  • RiskPercent = 2

  • MaxSpread = 10

  • NewsFilter = true


Why YoForex Tools?


YoForex isn’t just another EA shop; we’re traders who code. We believe in:



  • Free Lifetime Updates – no paywalls or subscriptions

  • Ongoing Optimizations – we monitor performance and refine strategies

  • Transparent Reports – every backtest and live result is posted for you


Learn more on our About Us page. We built Gold Fisher EA MT5 coz we use it ourselves.


Support & Disclaimer


Got issues? Reach our support team any time—no bots, real humans:



Disclaimer: Past performance isn’t a guarantee of future results. Always demo-test before trading live, and never risk more than you can afford to lose.


FAQ


Q: Which timeframe works best?
A: M15 is fully optimized, tho H1 and M5 also perform well after a quick backtest.


Q: Can I run it on other brokers?
A: Yes, as long as you have XAUUSD with typical spreads (<10 points).


Q: Do I need a VPN for news filter?
A: Nope—MT5’s built-in calendar sync covers all major news events.


Call to Action


Ready to fish for gold? Download Gold Fisher EA MT5 now—no strings attached, no trial periods. Install it in minutes and watch it target 1–2% daily gains, backed by YoForex’s rigorous testing. Plus, our support on WhatsApp and Telegram is totally free, forever.
Download your free copy now and start trading smarter today!