Medium RiskMT5GridRecoveryGoldMedium RiskMulti-TFLow Frequency
Screenshots
AI Summary
Osloma Gold is a grid-based EA specifically designed for Gold trading that uses a 4-level recovery system with multi-timeframe analysis. While it claims to avoid martingale, it still employs a grid recovery mechanism which carries inherent risks.
Grid-based systems can accumulate multiple losing positions during strong trending markets, potentially leading to significant drawdowns despite the 4-level limit.
Pros
- Fixed 4-level grid limit prevents unlimited recovery
- Multi-timeframe analysis for better entry timing
- Hard stop-loss protection for each basket
- Active developer support and regular updates
Cons
- Limited to Gold trading only
- Grid system still carries recovery risks
- Very limited performance history available
Requirements & recommendations
Min deposit$200
Broker typeECN
VPSRequired
TimeframesH1, M15
Strategy explanation
Uses multi-timeframe market structure analysis to identify pullback entries during momentum continuation, managing trades through a 4-level grid system with basket-based risk management.