Overview


If you’ve ever felt weighed down by complex gold-trading strategies or overpriced EAs promising the moon but delivering dust, Swift Gold EA V6.7 MT4 might just be your new best friend. Designed specifically for MetaTrader 4 and coded in clean, efficient MQL4, this Expert Advisor zeroes in on gold’s unique volatility rather than shoehorning it into a generic forex template. You’ll find it’s tuned for the XAU/USD market, taking advantage of both intraday tremors and longer-term trend swings to carve out consistent performance.


Behind the scenes, YoForex’s development team has run Swift Gold EA through relentless backtests—across multiple broker environments, spread conditions, and timeframes—to ensure it can handle the real-world quirks that trip up lesser systems. That means you get a tool that’s been battle-tested on live accounts, not some lab-only prototype. Whether you’re a weekend swing trader or someone who likes to keep a chart on while you sleep, Swift Gold EA delivers adjustable risk parameters, customizable money-management rules, and adaptive entry logic. In short, it’s built to fit your style, not the other way around.


Key Features


• 1–2% daily profit target on average balance
• Max drawdown capped at 5% (adjustable)
• No martingale, no grid trading—pure trend-based entries
• Works on XAU/USD across M15, H1, and H4 timeframes
• Fully adjustable stop-loss, take-profit, and trailing-stop rules
• News-filter option to pause trading around major economic events
• Breakout and mean-reversion modes selectable per session
• Auto-lot sizing based on fixed risk percentage
• Built-in slippage and spread control parameters
• Email and push notifications for trade opens/closes


 


Fast Gold Scalper EA V1.11


 


Strategy and Logic


Swift Gold EA V6.7 employs a dual-mode strategy that blends breakout logic with mean-reversion filters. In breakout mode, it watches for sustained price moves away from a defined volatility band—think Bollinger Bands or ATR channels—and jumps in once a candlestick closes beyond the band by a user-defined buffer. That captures strong momentum moves without the noise.


In mean-reversion mode, it identifies overextended moves that push price outside the volatility band, then waits for a defined pullback candle before entering. This is ideal for sideways markets where gold swings back and forth within a range. An internal filter evaluates daily range, session overlap, and past N-period volatility to decide which mode to apply, dynamically adapting as market behavior shifts.


Each trade is protected by a configurable stop-loss based either on fixed pips or a multiple of the current ATR, while take-profits can be set to either a fixed level or a trailing-stop that locks in profits as the market moves in your favor. This combination of flexibility and adaptive logic makes Swift Gold EA robust across different market regimes.


Backtest & Live Performance Proof


We conducted a rigorous backtest from January 2018 through December 2024 on XAU/USD (1.0 lot = $100,000 contract size), using 99% tick data and realistic spreads (1.2 pips average). The following metrics speak for themselves:



  • Total Net Profit: $45,300 (starting balance $10,000)

  • Profit Factor: 2.10

  • Max Drawdown: 4.7%

  • Winning Trades: 62% win rate

  • Total Trades: 1,250 (average 178 per year)


Over six calendar years, Swift Gold EA delivered an average annual return of 24%, with drawdowns never exceeding 5%. The equity curve (see screenshot below) shows smooth growth with only mild equity dips.


On a live demo account monitored by YoForex, the EA has been running since January 2024 with the following live stats:



  • Live Net Profit: $6,850 (Feb–Apr 2025)

  • Drawdown: 3.2% peak

  • Trade Count: 310 trades

  • Average Hold Time: 6 hours


These live metrics closely mirror backtest projections, demonstrating consistency across simulation and real-world conditions.


 


Fast Gold Scalper EA V1.11


 


Installation & Setup



  1. Download the Swift Gold EA V6.7 MT4 package from the ForexFactory thread.

  2. Unzip the folder. You’ll find SwiftGoldEA_v6.7.ex4 (or .mq4 for source) and the Inputs_SwiftGold.tpl settings file.

  3. Copy the .ex4 (or .mq4) file into your MT4 terminal’s MQL4\Experts directory.

  4. Restart MetaTrader 4 so the new EA appears in the Navigator under “Expert Advisors.”

  5. Attach Swift Gold EA V6.7 to an XAU/USD chart on your preferred timeframe (M15, H1, or H4).

  6. Load the Inputs_SwiftGold.tpl template to import recommended settings in one click.

  7. Enable automated trading in MT4 (click the “AutoTrading” button) and confirm that global and chart-specific allow-auto-trading flags are on.

  8. Monitor the “Experts” and “Journal” tabs for initialization messages—Swift Gold EA will self-test for spreads, holidays, and broker compatibility before trading.


Recommended Settings



  • Risk per Trade: 1.0% of account balance

  • Stop-Loss: 1.5 × ATR(14)

  • Take-Profit: Fixed 50 pips or 1.0 × ATR(14) (user-selectable)

  • Breakout Buffer: 5 pips above/below band

  • Mean-Reversion Pullback: 3 bars within band after breakout

  • Trading Sessions: London + New York overlap only (optional)

  • Max Spread Filter: 3 pips (pauses trading if wider)

  • Max Trades at Once: 2 trades

  • Daily Trade Limit: 5 trades per day

  • News Filter: Enabled (pauses trades 15 minutes before/after high-impact events)


Feel free to tweak session settings and risk percentages to suit your broker’s spread environment and your personal risk tolerance.


⚡️Upgrade


Version 6.7 adds several critical enhancements:



  • Adaptive ATR Filter: Now automatically adjusts the ATR multiplier based on monthly volatility shifts.

  • Slippage Guard: Rejects trade entries if slippage exceeds a user-defined threshold.

  • Optimized Codebase: Reduced CPU usage by 30%, allowing smoother operation on VPS or multiple charts.

  • Holiday Calendar: Built-in holiday schedule pausing so trades won’t open on low-liquidity days.

  • Detailed Trade Logging: Exports CSV reports for easier performance analysis outside MT4.


These updates refine risk control and streamline live operation, ensuring Swift Gold EA remains at the cutting edge of automated gold trading.


Build with


• MetaTrader 4 platform (Build 1430+)
• Programmed in MQL4 using object-oriented principles
• Lightweight footprint—less than 45 KB compiled
• Compatible with Windows 10/11 and standard VPS setups


Support & Disclaimer


If you run into any questions or need custom tweaks, YoForex’s support team is standing by:



Disclaimer: Past performance does not guarantee future results. Always demo-test Swift Gold EA on a risk-free account before transitioning to live trading. Adjust risk parameters to match your account size and trading style.


Conclusion & Call to Action


Ready to elevate your gold-trading game? Download Swift Gold EA V6.7 MT4 from the ForexFactory thread now and experience precision-driven automation for yourself. With fully backtested logic, live-verified results, and ongoing free updates from YoForex, you’re all set to capture gold’s next big move—without the guesswork.







 





Happy Trading!