Golden Mirage EA V1.0 MT5 – Smart Gold Scalping Bot for M5 Chart


Are you tired of chasing volatile gold markets manually? Or maybe you’re sick of paying hundreds for EAs that overpromise and underdeliver? Then here’s your shortcut to peace of mind — Golden Mirage EA V1.0 MT5, a fully automated scalping Expert Advisor built for precision on the XAUUSD (Gold) pair.


This EA is 100% free to download on ForexFactory.cc and proudly powered by YoForex, one of the most trusted names in automated trading tools. Designed with a deep backtest history from 2003 onward, Golden Mirage stands tall as a dependable solution for traders who crave both consistency and accuracy on the M5 timeframe.


Overview


Golden Mirage EA V1.0 MT5 isn’t your average gold bot. It’s a pre-optimized scalping system that trades short-term price movements on the M5 timeframe, making lightning-fast entries and exits based on advanced volatility filters and dynamic stop-loss control.


The core idea? Capture micro-trends in gold’s intraday momentum while keeping drawdowns to a minimum.


It’s compatible with any broker, but works best on low-spread ECN brokers (like IC Markets, Exness, or Pepperstone) due to its high-frequency scalping logic.


The minimum deposit starts from $500 — although for better margin flexibility and long-term results, YoForex recommends $1000 or more.


Unlike typical martingale or grid systems, Golden Mirage uses strict risk management and a one-trade-per-signal logic, ensuring every position is precise, controlled, and calculated.



Key Features



  • Pair: XAUUSD (Gold)

  • Timeframe: M5 (5-Minute)

  • Minimum Deposit: $500 ($1000 recommended)

  • Broker Type: Low-spread ECN preferred

  • Tested Since: 2003

  • Trading Logic: Scalping & micro-trend following

  • No Martingale or Grid: 100% safe risk logic

  • Auto Stop-Loss & Take-Profit: Dynamic based on market volatility

  • Pre-optimized Parameters: Default settings already tuned

  • 24/5 Auto Trading: Runs around the clock on VPS

  • Prop Firm Friendly: Follows drawdown & daily loss rules

  • Low Drawdown: Designed to stay below 10% in most conditions


Backtest & Performance Review


Before being released on ForexFactory.cc, Golden Mirage EA V1.0 MT5 was backtested extensively under YoForex’s internal audit conditions — and let’s just say, the numbers speak for themselves.


From 2003 to 2024, the EA maintained consistent profitability, even through major market events like the 2008 crisis, COVID-19 volatility, and the 2022 gold spikes.


Backtest Period: 2003–2024
Total Net Profit: +1620% (based on $1000 initial deposit)
Maximum Drawdown: 9.8%
Modeling Quality: 99% using tick data
Spread Used: 15 points
Risk Setting: 1.5% per trade


This EA is designed to thrive on momentum surges and trend reversals, capturing short bursts of profit during active London and New York sessions.


Equity Curve Snapshot


Expect a steady, ascending curve with minimal drawdown dips — the hallmark of a properly optimized scalper.


Risk vs Reward


The reward-to-risk ratio hovers around 1.8:1, ensuring that losing trades are well-contained while profitable ones run longer.


What makes Golden Mirage unique is its asymmetric risk logic — it doesn’t chase profits, it waits for them. Once a trade triggers, the algorithm continuously monitors volatility and adjusts SL/TP dynamically. The result? Fewer trades, better entries, and cleaner exits.



Installation & Setup


Setting up Golden Mirage EA V1.0 MT5 is straightforward — even if you’re new to Expert Advisors.



  1. Download Golden Mirage EA from ForexFactory.cc.

  2. Copy the file into your MQL5/Experts folder.

  3. Restart MT5 to load the EA into your terminal.

  4. Attach the EA to an XAUUSD M5 chart.

  5. Load default settings (already pre-optimized).

  6. Enable AutoTrading from the top menu.

  7. Use VPS hosting for 24/5 uptime (recommended).


That’s it — once configured, the EA will automatically scan market conditions, detect volatility spikes, and execute trades with full automation.


Why Choose YoForex-Powered Tools?


Behind Golden Mirage stands YoForex, a global leader in algorithmic trading innovation.


YoForex’s mission is simple — empower traders with premium-quality tools without forcing them to break the bank. Every EA released under YoForex’s banner is:



  • Free to download and use

  • Backtested and verified with live results

  • Optimized for prop firm compliance

  • Updated regularly with performance patches


Visit YoForex on ForexFactory.cc to explore more powerful bots and indicators — from trend catchers to prop firm-ready scalpers.


Support 


Got issues or setup doubts? No worries — YoForex provides free lifetime support through WhatsApp and Telegram.


WhatsApp: https://wa.me/+443300272265
Telegram: https://t.me/yoforexrobot


Final Thoughts & Call to Action


Golden Mirage EA V1.0 MT5 is not a miracle-worker — but it’s as close as you can get to a disciplined, data-driven scalper for gold trading. It’s fast, light, reliable, and absolutely free — no subscription, no hidden costs.


Download your free copy now from ForexFactory.cc and join thousands of traders who are already using YoForex’s tools to automate their success.


Stay consistent, stay disciplined — and let your trades shine bright like a Golden Mirage.
YoForex — empowering traders worldwide, one free tool at a time.


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Happy Trading