Introduction


Tired of shelling out cash for EAs that just don’t perform? You’re in luck. Meet MEOW JEEP EA V1.0 MT4, a 100% free trend-following scalping EA you can snag right now from ForexFactory.cc. Built and rigorously back-tested by the YoForex team, this EA is optimized for XAU/USD on the M5 chart—so if you’ve been hunting for a Gold scalper that won’t break the bank, this is it. No fees, no hidden costs, just a sleek, powerful MT4 expert advisor designed to catch micro-trends and ride them to profit. Whether you’re new to Forex or a seasoned trader, MEOW JEEP EA V1.0 MT4 promises to automate your entries and exits with uncanny precision. You’ll wonder why you ever paid for anything else, tho—coz YoForex believes in empowering every trader, regardless of budget.


Overview


MEOW JEEP EA V1.0 MT4 is a trend-following scalping EA tailored specifically for XAU/USD on the MetaTrader 4 platform. Instead of hunting every tiny zigzag, MEOW JEEP EA V1.0 MT4 waits for a clear shift in trend momentum, confirmed by its proprietary “Jeep Filter” algorithm. Once conditions align—price breaking above or below a dynamic moving average channel—it enters with a tight take-profit and uses a trailing stop to lock in gains.



  • Trading Symbol: XAU/USD (Gold)

  • Timeframe: M5 (optimized out-of-the-box)

  • Account Type: Standard, ECN, or VPS recommended (low latency helps)

  • Minimum Deposit: $200 (but $500+ advised to cushion drawdowns)


What makes MEOW JEEP EA V1.0 MT4 stand out among other ForexFactory EAs is its combination of simplicity and adaptability. YoForex’s devs tested it across multiple brokers—both ECN and standard—to fine-tune spread filters and slippage settings. They also ran a six-year backtest from January 2017 to December 2023 and then deployed it live for four months (Jan 2024 to April 2024) on a real-account. The result? Consistent 1–1.3% daily returns with max drawdown under 6%. You can check out the live-account results on MyFxBook via the EA’s download page. Ready to give it a shot? Grab the free download from ForexFactory.cc and demo-test before going live.


Key Features


• 1–1.3% Daily Target: Laser-focused on capturing small, frequent moves in Gold.
• Max Drawdown < 6%: Dynamic risk controls and trailing stop ensure drawdowns stay in check.
• No Grid, No Martingale: Pure trend-following logic—no risky averaging techniques.
• Adaptive Lot Sizing: Auto-risk calculation uses a percentage of equity (0.5%–2%) per trade.
• Multi-Broker Compatibility: Works on ECN brokers (tight spreads) and standard brokers (adjust spread filter).
• Custom “Jeep Filter” Algorithm: Proprietary filter minimizes false signals during sideways markets.
• Built-In News Filter: Pauses trading around high-impact news events to avoid erratic spikes.
• Easy Installation: Drag-and-drop onto the XAU/USD M5 chart—no coding required.
• Lifetime Free Updates: YoForex pushes optimizations and new features at no cost.
• Lightweight & Efficient: Designed to run smoothly on a VPS or local machine without hogging CPU.
• User-Friendly Inputs: Modify TP, SL, max spread, and lot risk via simple input fields.
• Transparent Performance: Backtests and live results shared openly on ForexFactory.cc’s “User Reviews” section.


Backtest Proof & Live Performance


YoForex’s development team conducted a comprehensive backtest for MEOW JEEP EA V1.0 MT4 covering January 1, 2017 through December 31, 2023 on XAU/USD M5. Here are the headline stats:



  • Initial Balance: $10,000

  • Total Net Profit: +$130,000 (ROI ~1300%)

  • Profit Factor: 2.32

  • Max Drawdown: 5.8%

  • Win Rate: 75.4%

  • Average Trade Duration: 10.2 minutes


The equity curve shows a steady upward trajectory with only minor dips—proof that MEOW JEEP EA V1.0 MT4 isn’t curve-fitted. In addition to simulations, YoForex ran the EA live from January 2024 to April 2024 on a $5,000 real account. During that period, the EA delivered an average monthly return of 12% with a maximum drawdown hovering around 5.5%. Curious? You can view the MyFxBook widget embedded in the ForexFactory thread.



Alongside, the performance vs. drawdown chart highlights risk-adjusted returns—illustrating how the EA scales lot size modestly while keeping equity dips shallow.



Installation & Setup



  • Head over to the direct download link on ForexFactory.cc:
    https://www.forexfactory.cc/ea/67890-meow-jeep-ea-v1-0-mt4

  • Click “Download” to grab the MEOW_JEEP_EA_V1.0_MT4.ex4 file.

  • Open MetaTrader 4: go to File → Open Data Folder → MQL4 → Experts.

  • Paste MEOW_JEEP_EA_V1.0_MT4.ex4 into this folder.

  • Close and re-open MetaTrader 4 so it recognizes the new EA.

  • In the Navigator panel (MT4/Experts), find “MEOW JEEP EA V1.0 MT4.”

  • Drag it onto an XAUUSD M5 chart.

  • In the “Inputs” tab, click “Load” and select MeowJeep_Settings.set (included in the download zip).

  • Ensure AutoTrading is enabled (green play button on MT4’s top toolbar).

  • Set “RiskPercent” between 0.5%–1.5% based on your risk appetite.

  • Adjust “MaxSpread” to match your broker’s typical spread (e.g., ≤3 pips).

  • Under “NewsFilterSwitch,” confirm it’s set to “true” so trading pauses during major economic releases.

  • Save your chart profile as “MeowJeep_Profile” to quickly re-load the EA on any chart.


Why Choose YoForex-Powered Tools?


YoForex doesn’t just churn out EAs; they iterate based on real-world data and trader feedback. When you grab MEOW JEEP EA V1.0 MT4, you get:



  • Free Lifetime Updates: Whenever Gold market dynamics shift, YoForex updates the EA at zero cost.

  • Open Performance Reporting: Backtests and live-account stats are transparently displayed under the User Reviews section on ForexFactory.cc.

  • Community Collaboration: See real traders’ tips and tweaks in the thread—no walled garden here.

  • Dedicated Support: Have an issue? Ping YoForex on Telegram or WhatsApp; they’ll respond promptly.


If you browse the Newest EAs or check the Indicator section on ForexFactory.cc, you’ll spot YoForex tools climbing the charts. That’s because they prioritize performance, transparency, and affordability.


Support & Disclaimer


Got questions or need assistance? YoForex’s support team is ready to help:



Whether you’re troubleshooting installation, tweaking inputs, or interpreting backtest data, they’re super responsive and genuinely want you to succeed.


Disclaimer: Past performance does not guarantee future results. Forex trading carries significant risk. Always demo-test MEOW JEEP EA V1.0 MT4 before trading live. Never risk money you can’t afford to lose.


Call to Action


Ready to turbocharge your Gold scalping game? Download MEOW JEEP EA V1.0 MT4 now—completely free—no sign-up required. Demo it for a week, tweak your risk settings, and watch how it hunts micro-trends on XAU/USD. With YoForex’s lifetime updates and unwavering support, you’ve got nothing to lose (except FOMO!). Jump into the thread on ForexFactory.cc, share your results, and become part of the YoForex community.