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I honestly and sincerely apologize for the recent losses we have all been seeing.
As you can see on the official live signal ( https://www.mql5.com/en/signals/2328761?source=Site+Profile+Seller#!tab=history ), this is the worst performance the EA has had in over 6 months. It looks like the current situation is just making the gold market price action very weird and unpredictable right now.
However, to put things into perspective, when I first launched the EA, that live signal was sitting at an 80% return. Today, even after absorbing all of these recent losses, the account is still sitting at a 140% overall return.
I want to share a quick thought with everyone. I am not sure how many years of experience some of you have with algorithmic trading or trading in general, but an EA should never be judged based on a short period of drawdown. Speaking from personal experience, if I have a system that has proven to work for a while and it enters a losing streak, I do not stop using it unless it goes through many months of actual stagnation.
What matters most in this industry is long-term profitability, not the outcome of a few trades. The official live signal account took the exact same losses that all of you experienced recently, but if you look at the overall return, it is still highly profitable and doing exactly what it was designed to do over the long run.
Looking at the long-term backtests, periods exactly like this have happened before. The strategy is built to survive these rough periods and recover. Please do not let a bad market phase discourage you from the long-term process, as drawdowns are unfortunately a reality of trading.
Hang in there, and please make sure your risk is set to a comfortable level that allows you to stay in the long run.
Important bug fixes:
- Fixed news filter timing accuracy across different times of the year
- Fixed Exness compatibility issues with order timing and level detection
- General stability improvements
Crucial update for all users, especially those using the news filter or running on Exness.
-News Filter: Added a news filter that pulls high-impact USD events directly from Forex Factory. When enabled, the EA will automatically pause trading, close open positions, and cancel pending orders during your specified time window before and after major news releases. It also visually plots upcoming news events as vertical lines directly on your chart. (To use this, you must go to your MT5 terminal's Tools -> Options -> Expert Advisors and add the forex factory link. Check the guide for the link)
-Market execution mode: A live market execution option as an alternative to pending orders. This mode actively monitors price levels and includes Max Spread and Max Slippage filters to protect entries during poor market conditions.
-Exness Support: The EA now supports Exness broker, fully supporting their 3-digit gold pricing and adapting to their different GMT offset.
This feature prevents the EA from placing the pending order if the price has already crossed our level of interest before the trading start time, which helps avoid entering trades on exhausted moves and protect from fake breakouts.
Please download the update and run your backtests with this new setting enabled to verify the performance improvements. Good luck!
See the real-time results for yourself: 📊 Live Signal: https://www.mql5.com/en/signals/2328761?source=Site+Profile+Seller#!tab=account
You don't need to spend thousands for professional results. We are keeping Akali EA accessible to everyone for a limited time at just $99.
Start automating your success today.
🤖 Get Akali EA: https://www.mql5.com/en/market/product/160280?source=Site+Profile+Seller#
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