Medium RiskMT5GoldAI-AssistedNews TradingVPS RequiredECNMedium Risk
Screenshots
AI Summary
GoldWave EA is an AI-assisted gold trading system that claims to use adaptive logic instead of fixed indicators. While it avoids dangerous strategies like martingale and grid trading, the $999 price tag and inability to properly backtest due to WebRequest dependencies raise concerns about transparency.
Cannot be properly backtested or demo tested due to WebRequest requirements, making performance validation impossible before live trading
Pros
- Avoids dangerous martingale and grid strategies
- Claims AI-assisted adaptive entry logic
- Includes news filter and risk management
- Author has 16+ years trading experience
Cons
- Cannot be backtested properly due to WebRequest dependency
- Very high price point at $999
- Limited availability creates artificial scarcity pressure
Requirements & recommendations
Min deposit$500
Broker typeECN
VPSRequired
TimeframesM1, M15, H1, M5, M30
Strategy explanation
Uses AI-assisted adaptive logic to evaluate market context for XAUUSD entries, with dynamic risk management and news filtering, avoiding fixed indicator-based signals