Gold Trade Pro V6.1
Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strategy.
What do I mean with "real trading strategy"? As you probably have noticed, almost all Gold EA's on the market are simple grid/martingale systems, that add trades when the market goes against the initial position.
They are often disguised as "neural network/AI/Machine learning", but if you are a bit experienced in forex and EA's, you can easily identify them as simple grids and martingale systems, which are very risky.
While that type of strategy might look nice in backtests (straight line up, often even manipulated in the tests to get more sales), they always, without exception, fail in the end with a margin call and wiping out the complete trading account.
I see it happen over and over again. Why? Because Gold is a very volatile instrument, and a big move against a grid/martingale setup will happen in the future, despite the beautiful backtests.
Don't fall for the "perfect backtest" EA's... a straight line up does not exist in real trading, so if the backtest looks too good to be true, it always is.
Setting up the EA:
Recommended pair: XAUUSD/GOLD
Timeframe: Daily
Minimum balance: 200$
reseller
Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strategy.
What do I mean with "real trading strategy"? As you probably have noticed, almost all Gold EA's on the market are simple grid/martingale systems, that add trades when the market goes against the initial position.
They are often disguised as "neural network/AI/Machine learning", but if you are a bit experienced in forex and EA's, you can easily identify them as simple grids and martingale systems, which are very risky.
While that type of strategy might look nice in backtests (straight line up, often even manipulated in the tests to get more sales), they always, without exception, fail in the end with a margin call and wiping out the complete trading account.
I see it happen over and over again. Why? Because Gold is a very volatile instrument, and a big move against a grid/martingale setup will happen in the future, despite the beautiful backtests.
Don't fall for the "perfect backtest" EA's... a straight line up does not exist in real trading, so if the backtest looks too good to be true, it always is.
Setting up the EA:
Recommended pair: XAUUSD/GOLD
Timeframe: Daily
Minimum balance: 200$
reseller