Goldex AI V1.8 & MT5
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🔍 AI-Powered Neural Network
Built using neural networks, this Expert Advisor (EA) analyzes price patterns—especially support and resistance breakouts—to identify potential trading opportunities in XAUUSD (Gold). It’s not a simple script but employs AI-driven logic for smarter entries. -
⚙️ Price Action & Trend Strategy
The EA combines price action techniques with trend detection, focusing its operations during the New York session—when volatility tends to be highest—to increase precision and capture key market moves. -
📰 Smart News Filter
A built-in filter sources data from ForexFactory to pause trading on days with medium- or high-impact news events, helping avoid slow or erratic market periods. -
🆔 Auto-GMT Detection
The EA automatically detects your broker’s GMT offset to ensure accurate timing of trade execution—no manual adjustment required for live trading. -
🛑 Safe Execution (No Risky Strategies)
The system avoids aggressive tactics like martingale, hedging, or grid trading, opting instead for a more conservative, risk-managed approach. -
↩️ Smart Recovery Mechanism
Instead of martingale, this EA employs a controlled recovery mode that slightly scales up lot sizes after losses to recoup drawdowns—but these multipliers are adjustable or can be turned off entirely for more cautious users. -
📊 Impressive Backtesting Results (2010–2025)
Long-term historical simulations show extraordinary outcomes—turning an initial $200 into upwards of $14 million, often with over 99% win rate and drawdown under 2%. -
⚡ Live Performance Highlights (MT5)
In one set of observed live results for the MT5 version (over ~27 weeks):-
Growth: +114%
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Win Rate: ~87%
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Maximum Drawdown: ~47%
(Note: This implies high return potential but also significant volatility risk.)
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Summary Table
| Feature | Description |
|---|---|
| AI & Neural Networks | Smarter detection of price patterns |
| Price Action & Trend Strategy | Targeted breakout signals during high-volatility sessions |
| Smart News Filter | Avoids trading in unpredictable news-driven markets |
| Auto-GMT Offset | Ensures timing precision across broker platforms |
| No Martingale/Grid/Hedging | Conservative, risk-aware trading |
| Smart Recovery | Gentle post-loss recovery system with adjustable multipliers |
| Historical Backtests | Exceptional simulated returns ($200 → ~$14M) |
| Live MT5 Results | High returns (114%) paired with elevated drawdown (47%) |
Suggested Use Cases
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Ideal for discerning traders seeking an AI-assisted, hands-off tool for gold trading.
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Especially suited to those who want automation with built-in safeguards—smart filters, trend logic, and adjustable recovery options.
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Requires capital resilience: the MT5 live results show that while returns can be high, drawdowns can also be substantial—appropriate risk capital and tolerance is essential.
