Trading gold (XAUUSD) manually on MetaTrader 4 can be exhilarating… and nerve-wracking. You watch the H1 candles form, jockey for position, sweat over stop-loss placement—only to see price spike, stop you out, or reverse on a whim. If you’re tired of missing moves or risking too much on a single swing, onetwothreefourx3 Gold Edition EA V1.12 MT4 is here to help. Built specifically for the H1 timeframe, this free Expert Advisor automates your entries, manages risk dynamically, and adapts lot sizes to your balance—all so you can reclaim time and trade gold confidently.


Whether you’re working with a standard account (min. $1,000 for 0.01 lots) or a smaller cent account (min. 10,000 cents), this EA’s got you covered. No more manual calculations or second-guessing—just plug it in, tweak a few parameters, and let it run. In this review, we’ll break down how it works, the backtests that prove its edge, installation tips, and why onetwothreefourx3 should be in every gold trader’s toolkit.


Overview
onetwothreefourx3 Gold Edition EA V1.12 MT4 is engineered for simplicity and performance on the XAUUSD H1 chart. Once attached, it auto-sets the timeframe, continuously scans for high-probability setups based on proprietary price-action filters, and executes orders with precision. No martingale, no grid—just a straight trend-and-momentum approach with layered risk controls.


The EA’s core mission is to capture sustained gold swings with minimal drawdown. It leverages multi-threaded logic to confirm entries across two custom indicators (price momentum and volatility squeeze), then places stop-loss and take-profit orders automatically. Adaptive lot sizing ensures you never overcommit, while an intelligent breakeven function locks in profits when trades move in your favor. It’s like having a dedicated gold specialist monitoring the market 24/7—only without coffee breaks.


Key Features



  • Auto H1 Detection: Automatically locks onto the H1 timeframe—no user intervention needed.

  • Adaptive Lot Sizing: UseAutoLotSize = true scales lots by 0.01 per $1,000 balance; ManualLotSize allows full control.

  • ContinueTrading Toggle: Set ContinueTrading = false to halt new trades after the current one closes (ideal for weekends or news).

  • FullPerformanceMode: Enable true performance tracking or restrict live execution for safety checks.

  • MagicWand Identifier: Assign any MagicWand number to separate EA trades from others on your account.

  • Built-In Breakeven & Trailing: Automatically move stop-loss to breakeven at a user-defined pip threshold, then trail to lock profits.

  • Risk Management: MaxDD and MaxTrades parameters cap drawdown and open positions to preserve capital.

  • News Filter Compatibility: Can be paired with free news-filter scripts to avoid high-volatility releases.

  • Cent & Standard Support: Optimized for both $1,000+ standard accounts and 10,000+ cent accounts.

  • No Grid, No Martingale: Pure trend-following logic—no risky compounding or position stacking.


EA onetwothreefourx3 Gold Edition V1.12 MT4


Backtest Results & Proof
Independent backtests conducted from January 1, 2018 to May 31, 2025 on XAUUSD H1 data (every tick) reveal an equity growth of 560%, with a maximum drawdown of 8.7%. The sample size included 1,200 trades, averaging 1.3% net gain per trade and a profit factor of 2.15. More impressively, drawdown recovery took just 22 trading days on average—showing resilience in choppy markets.


Live-market verifications on small cent accounts since January 2024 confirm the backtest edge: a steady upward curve, with occasional short retracements quickly recouped by the EA’s breakeven and trailing logic. Traders report minimal slippage thanks to tight stops and optimized order execution routines built into V1.12.


How to Install & Configure



  1. Download the onetwothreefourx3 Gold Edition EA V1.12 from our site.

  2. Copy the onetwothreefourx3_Gold_Edition.ex4 file into your MT4 Experts folder.

  3. Restart MetaTrader 4 or hit “Refresh” in the Navigator panel.

  4. Drag and drop the EA onto an XAUUSD H1 chart.

  5. In the “Inputs” tab, adjust:



  • ContinueTrading (true/false)

  • UseAutoLotSize (true for auto sizing)

  • ManualLotSize (e.g. 0.02)

  • FullPerformanceMode (true to enable trades)

  • MagicWand (set unique number)


     6. Enable “Allow live trading” and “Allow DLL imports” in the Common tab.


     7. Click OK—and let it run.


Risk Management & Settings
While the EA auto-manages many aspects, prudent traders should customize:



  • MaxDrawdown (%): Cap the maximum equity drawdown before the EA stops all new trades.

  • MaxConcurrentTrades: Limit open positions to avoid overexposure.

  • BreakevenPips: Set the pip threshold at which the stop-loss moves to breakeven.

  • TrailingStopPips: Define how aggressively the EA trails winning trades.


These controls ensure you never exceed your risk tolerance, even in volatile gold markets.


EA onetwothreefourx3 Gold Edition V1.12 MT4


Why Choose onetwothreefourx3 Gold Edition?
Unlike pricey black-box robots, onetwothreefourx3 is free, open-to-audit, and backed by transparent backtests. YoForex’s reputation for ongoing updates means V1.12 is just the start—expect regular enhancements, community-driven optimizations, and built-in compatibility with popular trade-management scripts.


Support & Disclaimer
If you hit a bug or need setup help, reach out on WhatsApp at +44 3300 272265 or join our Telegram group at https://t.me/yoforexrobot. We’re committed to 24/7 support.


Remember: past performance is no guarantee of future results. Always demo-test before risking real capital, and never trade more than you can afford to lose.


Conclusion & Call to Action
Ready to automate your gold trading? Download onetwothreefourx3 Gold Edition EA V1.12 for MT4 now, copy it into your Experts folder, and watch the H1 chart for steady, data-driven gains. Join thousands of traders who’ve reclaimed their time—and their sanity—while letting this EA do the heavy lifting.


Grab your free onetwothreefourx3 Gold Edition EA today and trade gold with confidence!


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Happy Trading