Mahakali
- Experts
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Dhokiyas Money Map Investment Consultants - FZCO
Chetan Dhokiya, a SEBI-registered Research Analyst and Investment Advisor in India, active in the markets since 2017. - Version: 3.3
- Updated: 28 April 2026
- Activations: 10
Mahakali is an automated Expert Advisor developed specifically for the XAUUSD (Gold) market on MetaTrader 5. The system focuses on structured execution, disciplined risk management, and stable algorithmic trading.
Gold is one of the most volatile instruments in the financial markets. Liquidity behavior, volatility cycles, and market structure constantly evolve. Because of this, many Expert Advisors that show impressive historical results often fail to perform in real trading environments.
Mahakali has been designed with a focus on current market behavior rather than only historical optimization. The goal of this system is not to create unrealistic backtesting curves, but to maintain practical performance in the present gold market conditions.
Many automated trading systems are heavily optimized for historical data. While this can produce beautiful strategy tester reports, such systems often struggle when applied to real accounts.
You may notice that the historical backtesting curve of Mahakali may not appear extremely optimized compared to some other EAs. This is intentional. The system prioritizes real trading potential in the current market environment rather than curve-fitting to the past.
The EA executes trades automatically according to its internal algorithm and removes emotional decision-making from the trading process. Once installed and configured correctly, the system manages trade execution and risk control automatically.
Symbol: XAUUSD
Platform: MetaTrader 5
Timeframe: M1
Account Type: ECN / RAW Spread Account
For best execution quality, using a low spread broker and a stable VPS connection is recommended to ensure continuous operation of the EA.
Join Channel : Dhokiyas
Support
For any product related questions please contact via MQL5 messages: Contact the Developer
Algorithmic trading involves risk. Past performance does not guarantee future results. Always test the EA on a demo account before using real funds.

MAHAKALI BACK TEST RESULT IS STILL VISIBLE IN THE THERE IS NO REAL RESULT. I RUN ON 1000$ IT WITH 24% RISK OF CAPITAL. SO NOW BACKTEST RESULT IS POSITIVE WITH 180$ AND REAL RESULT IS 310$ IN LOSS. So, I asked to see their active real trading account to check the performance over the last 2–3 months, but they didn't show it. They don't have an account to demonstrate their bot's performance; do not buy this algorithm based solely on backtest data. They are selling it purely for their own profit. I have attached screenshots of both the real trading data and the backtest results.