Golden Mirage mt5

the ea was better without the velocity filter and i cant find the settings to disable the velcity filter. the developer needs to update the ea to enable users to have a choice to enble or disable the filter as per their preference.This ea is good the only downside is that it cant detect when the market is in a downtrend and based on the recent gold volatility, thatkeeps on falling rapidly the ea can keep onhitting stoplosses and eventually blow up an account .also not recommended for smal accounts.for me v2.6 was better

Too danger!!!!!! Martingale,Grid is also Grid,small profit and then blown your capital

Rubbish, just another grid EA on gold keeps adding to losing positions. Dev will respond with updates I'm sure but the truth is they just paper over the cracks so it looks good in backtests. Mostly buy trades so works when gold's uptrend is in place but then....

overall very good EA even with big DD specially with last update but only if the market is up. If the market is down then EA keeps opening buy positions and all the profit wiped out in a singe trade . I had only one sell yesterday since the last 4 months of running it and was so happy till next trade EA started to open buys when market was clearly down and next thing you know 60% of my account with a loss . I understand that losses are part of the game but as the market is down lately i would really like for Mhichela Russo to improve EA on that matter .I would not recommend to use it when market is going down unless there would be new update to fix it.

Results have been very mixed over the past two months. The drawdown percentage is high compared to what I saw in backtests using minimum lot sizes.

Mesmo tomando Stop Loss de 25%, a EA teve uma recuperação extraordinária! Parabéns.

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I am very disappointed with this EA. I do not recommend it at all for small accounts like mine ($1,200). For those with more than $3,000 capital and who are willing to regularly accept 25% equity drawdowns, it's fine. For me, this robot does not try to make good or bad decisions. It simply opens a buy when the price drops, hoping for a rebound. That works about 50% of the time. The other 50%, the grid system is supposed to save that bad decision. This is pure gambling. On the very first day I put it on a real account, after testing it in demo, this EA made me lose $220 on February 24. That pushed me to test different settings afterwards, using more conservative parameters. On March 5 again, a buy was opened just before a brutal drop. The grid system kept opening buy positions while the price was falling drastically, reaching a DD of -$600. I literally spent half the day thinking I had already lost my account. After a brief rebound, I closed all positions for a $100 loss and completely disabled the EA. It doesn't make any sens to keep working like that. Even today, March 6, the signal indicates a 25% DD drop. I did have some profits, but they are nowhere near enough to cover the losses. I may change my opinion in the future if I see things improving, but without major changes, there is no way I will keep using it as it is, since it is making me lose money.

Third consecutive major loss since January. Today down €367. This bot has cost me nearly €1500. I'm only at risk level 3. When it wins, the gains are far too small compared to the large losses. It's simply not profitable. Furthermore, during a downtrend, the entry points are unacceptable and completely against the trend. I'm done. I don't recommend it while it's still in this version! I'll update my review if the bot changes. A huge disappointment for me.

very good EA, one of the best I have been tested and used. with little adjustment, it works perfectly for me so far.

I bought this EA after using Stratos Goldwind. The trades that are opened are quite precise and the DD is low. I like it. Let's see how it performs from now :)

He adquirido este EA y he de decir, que con la version anterior yo tbm he sufrido una perdida importante de mi balance. Pero he de admitir que es un muy buen EA, el problema puede surgir de los parametros de configuracion, estoy seguro de que optimizando dichos parametros, el EA tiene un ratio de beneficio muy bueno.

One of the best and most reliable EAs I am currently using

small Profits then one big drop and 30% off the account wiped out, mainly due to fact during the big drop EA kept opening positions. This is not a bad EA but it will hit SL and blow more than the profits you make. This EA was designed when trend was moving up but now that Gold is volatile and big drop is normal, the creator needs to rethink the strategy and ensure EA enters market when certain signals are activated. EA needs update. I will not be running it as I lost $1200 afer making $250 profit. Its a grid EA and even on small account will still wipe of balance. If update is published in future, I will test it and then update my review. Owners on signal had 60% DD.

*Update*

- Owner has release updated (thank you very much for this and detailed response). I will run in demo for few weeks and then advise feedback. Please could you advise what is the recommended DD for to GM to be mostly profitable? I understand losses are part and parcel of been in the game.

second loss for me... lost over 3k overall

EDIT: EA updated, will give it a 2nd chance

EDIT2: Again losses... do not recommend!!!

Gerade eben 25% Verlust eingefahren.. UND danach dreht der Kurs und es wäre Gewinn entstanden...

Good EA, it is the first ea that i bought and it works really well.

I have been using it since a week. Clean entries, quick exits. Loving it so far.

Buen robot, con alto porcentaje de aciertos... recomendable 100%...

I've been using Golden Mirage for 1 week now. So far 16 trades all in profit +165$ from 1k account. Very good product