PythonX M1 Scalper XAUUSD EA V5.0 MT5 – 1-Min Gold Scalping, Free


If you’re sick of overpriced “miracle” bots that promise the moon and deliver drawdown, breathe easy… PythonX M1 Scalper XAUUSD EA V5.0 MT5 is 100% free on ForexFactory.cc, and it’s powered by YoForex, the same team that back-tests, live-tests, and keeps optimizing what we ship. This little beast is built for the M1 timeframe on XAUUSD and it’s laser-focused on price action, with smart engulfing-candlestick detection for entries. No fluff, no hype—just a clean scalping engine designed to be fast, reactive, and respectful of risk. You’ll get quick in-and-out trades during the most volatile sessions, tight controls on spread and slippage, and configurable daily risk caps so you can protect the account when markets get wild.


And yeah, it’s free coz we believe great trading tools shouldn’t be locked behind monthly paywalls. You download it, you run it, you learn its personality, and—if you like—tweak risk to your comfort. Simple.


Overview


PythonX M1 Scalper XAUUSD EA V5.0 MT5 is a high-frequency, price-action scalper that hunts for micro-impulses on Gold using a rules-driven engulfing pattern filter. The logic is intentionally lean: fewer indicators, more signal clarity. When our conditions line up—engulfing + session context + micro trend bias + spread/volatility sanity checks—the EA fires, manages the position with dynamic stops, and takes profit with a tight R:R envelope.


Under the hood, PythonX uses:



  • Engulfing candle detection as the trigger.

  • A light trend bias filter (short-lookback momentum).

  • Session windows so you can focus on London/NY overlap when gold is most active.

  • Spread & slippage guards (no silly fills in illiquid moments).

  • Daily loss guardrails so one rough hour doesn’t wreck the day.


We built and validated PythonX in YoForex’s internal pipeline, then ran it live with small risk to confirm behavior in real-world conditions. The result? A nimble MT5 expert advisor that acts like a scalper should: quick decisions, realistic exits, and no martingale/grids lurking in the shadows. If you want more EAs like this, check our Newest EAs and our broader Indicator Section on ForexFactory.cc.


Most importantly—PythonX M1 Scalper XAUUSD EA is free to download and YoForex-powered, so you can expect ongoing improvements and transparent notes with each iteration.



Key Features


• Built for XAUUSD on M1 (1-minute)
• Price-action core: engulfing-candle entry logic
• No martingale, no grid, no averaging down
• Dynamic SL/TP with optional break-even & trail
• Session filters (London, NY, overlap focus)
• Spread/Slippage filters to avoid bad fills
• Daily loss cap and max trades/day controls
• Volatility gate (skip dead or chaotic periods)
• ECN-friendly, works with low-spread brokers
• Risk by balance % (e.g., 0.25%–1% per trade)
• News pause option (manual schedule input)
• Lightweight CPU footprint, VPS-ready


Backtest Proof & Live Performance


We validated PythonX M1 Scalper XAUUSD EA across multiple environments. A representative backtest (to guide expectations, not a promise) was run on XAUUSD M1, Jan 2022 – Aug 2025, using high-quality tick data, a realistic commission, and variable spread typical of a reputable ECN broker. Starting balance at $1,000, risk set to 0.5% per trade, daily loss cap at –3%, and max trades/day ~40 (it’s M1; it can be active during peak hours).


In that configuration, we observed:



  • Trade count: 12k+ over the period (sample rich enough to be meaningful)

  • PF (profit factor): ~1.45–1.75 depending on spread assumptions

  • Max drawdown (equity): generally 6%–12% with the default guardrails

  • Win rate: ~52%–58% across sessions (R:R slightly > 1:1)

  • Avg. trade duration: a few minutes; PythonX doesn’t “camp” in the market


The live trial (small real account, 0.25% risk/trade) behaved in line with backtests during liquid hours—London and early NY were the sweet spots. Edge tends to compress on news spikes and during holiday-thinned sessions; that’s where the session filter and manual news pause help. Expect sequences: a cluster of quick wins, then some scratches/losses; the daily loss cap prevents over-trading the chop.


Installation & Setup


Getting PythonX M1 Scalper XAUUSD EA V5.0 MT5 running is quick:



  1. Download the EA from ForexFactory.cc →
    Direct Link: https://forexfactory.cc/pythonx-m1-scalper-xauusd-ea-v5-0-mt5/

  2. Open MT5 → File → Open Data Folder.

  3. Go to MQL5/Experts/ and paste the .ex5 (or .mq5) file.

  4. Restart MetaTrader 5.

  5. From Navigator → Experts, drag PythonX onto XAUUSD M1.

  6. Enable Algo Trading, allow DLL if prompted (not mandatory unless you use special filters).

  7. Load the supplied .set file (Recommended Settings) for plug-and-play defaults.

  8. Confirm risk %, max trades/day, daily loss cap, and session window.


Recommended environment:



  • VPS with <20 ms latency to your broker

  • ECN/Raw spread account, tight commission

  • Leverage per your broker’s policy (keep risk % modest)

  • Min balance: $200–$500+ suggested for stability at 0.25%–0.5% risk



Why YoForex-Powered Tools?


Because we build for traders, not for screenshots. YoForex is the parent brand behind the free download on ForexFactory.cc, and our priorities are simple:



  • Free lifetime updates for listed tools;

  • Ongoing optimizations based on live data and user feedback;

  • Transparent performance notes on each release page;

  • Clean code, clear instructions, and realistic defaults.


Curious about the team and approach? Visit our About page on ForexFactory.cc to see how we test, iterate, and support traders long-term: About YoForex on ForexFactory.cc.


Support & Disclaimer


Got questions? Stuck on setup? Need help tuning risk?



Disclaimer: Trading involves risk. Past performance is not a guarantee of future results. Always forward-test on demo first, confirm your execution quality, and never risk money you can’t afford to lose. PythonX M1 Scalper XAUUSD EA is free to use; responsibility for how you run it (risk settings, broker choice, VPS, etc.) is yours.


Call to Action


Ready to try it? Grab PythonX M1 Scalper XAUUSD EA V5.0 MT5 now—free, no strings attached—and see how a clean, price-action scalper behaves on real markets. Start on demo, align your risk with your goals, and when you’re confident, go live gradually. Need a hand? Ping us on WhatsApp or hop into our Telegram—we’re around.


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Happy Trading