AI for Gold
- Experts
- Version: 1.721
- Updated: 7 December 2023
- Activations: 15
Have manual trading, trading gurus, online seminars, account managers or trading bots failed to consistently generate trading profits for you as well?
Let's face it...
Real performance success is usually presented only for a very short period of time or even worse, within Telegram Channels where loosing trades are simply deleted.
But, here is the biggest and less obvious problem... the internet is full of naive strategies, which add to loosing positions and hope that the market will revert. Usually it does. But it feels like crossing the street blindfoldedly because it worked last few times.
And this is also the reason why more than 90% of all traders are burning their hard earned money over a time span of only a few months.
AI for Gold takes only the trades it is very confident with and never increases the risk after a loss. This leads to very high reliability. But let's have a look at the performance first.
Performance
AI for Gold has been completely end of 2023. See the attached screenshots or this blog page including the URLs: https://www.mql5.com/en/blogs/post/756280
How is that possible?
It took me years and a lot of losses until I discovered this trick how to build trading bots with superior robustness. First time I heart about this idea was from a rocket engineer, who explained me how they ensure the reliability of a rocket worth of hundreds of millions. They call it Redundancy. It works like this:
Imagine three chains holding a heavy gold bar. Every chain is strong enough to hold the gold bar alone.
And here comes the awesome trick: all three chains need to break so the bar can fall down. Let's assume that the probability of each chain to break is about 40%. We calculate the probability that all chains break and multiply all three probabilities: P_break = P1*P2*P3 = 0.6 * 0.6 * 0.6 = 6.4%
So we reduced the failure probability from 40% to 6.4% using this redundancy trick!
You may ask now: Hey, that is a fancy story, but how can we use it for trading?
That is indeed not simple. It took me another few years to come up with an approach to separate a huge hodgepodge into three, well separated chains.
1) Price Action Entry Patterns, 2) Money & Risk management 3) Trade prediction. See details in the attached images.
Furthermore, AI for Gold is different to what you have seen so far for six reasons:
Reason 1: This is a fully robustified and adaptable EA
The EA uses Price Action patterns and AI to predict the outcome of the incoming trade. This unique approach enables you to enjoy superior reliability without permanent relearning and anxiety of desintagration as it is common for AI other systems.
Read here about this novel AI trade prediction system.
Reason 2: This EA can be used to trade prop firms
The performance of the current version is so impressive, that it can be used for prop firm trading.
Read here here the analysis how to assess if an Expert Advisor is suitable for prop firm trading in general and why AI for Gold is very likely to fulfil the harsh requirements.
Reason 3: Compatible with multiple brokers
Starting with the version 1.60 the EA is not sensitive to brokers market makers and price fluctuations anymore.
Read here how this new version of AI for Gold changes the Forex Game.
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Usage
Please note: The EA was designed to run only on Gold (XAUUSD) on M15 Timeframe.
Please send me a message so I can send you best settings and a detailed documentation.
Currency pair: XAUUSD or Gold
Timeframe: M15
Minimum deposit: $100 (high risk), 1000$ (low risk)
Account type: Any with a minimum spread (preferably ECN)
Brokers: Any broker, Best with ICMarkets
Input Parameters
The author is thorough and committed to delivering a well thought out EA and the customer support is amazing, helped me through Anydesk for 2 days to get some my side issues fixed - 5 star service. I will update on the live performance!