Forex GOLD Investor MT5

4.34

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Forex GOLD Investor is one of the best expert advisors developed to trade on GOLD(XAUUSD) in the forex market. Forex GOLD Investor consists of 3 trading systems. The first one is based on scalping trading strategy, the second system has time based dependency which opens up to 2 trades at a time and the third system is based on breakout strategy. It has been tested rigorously to get the most successful results. You do not need to do any optimizations if you use the default settings. 

In addition, Forex GOLD Investor has very strong and useful systems integrated such as intelligent money management system which protects your profits,precise entry and exit trading algorithms, drawdown protection system and etc.


This expert advisor is intelligent EA and it automatically recognizes whether your broker offers four- or five-digit quotes. You don't need to change any settings. If your broker offers five-digit quotes, you don't have to multiply TakeProfit and StopLoss values by 10.

Forex GOLD Investor represents a culmination of over a decade of research and development in trading algorithms. Its sophisticated features and user-centric design make it a valuable tool for traders aiming to capitalize on the lucrative gold market. Experience the fusion of advanced technology and trading expertise with Forex GOLD Investor.


There is a MT4 version too! Check it on my profile!

Recommendations:

Recommended timeframe: M15
Recommended backtest method: M15 by every tick

Supported currency pair: XAUUSD (GOLD) 


Top Features of Forex GOLD Investor

  • Frequent trading to maximize profit opportunities
  • Fully automated - just "Set-and-Forget"
  • Intelligent Money-Management System
  • Drawdown Protection System
  • Revolutionary "Go Long" Trading System
  • Precise Entry and Exit Trading Algorithms
  • High Spread Protection
  • Profit Protection System
  • Drawdown Reducing Algorithms
  • Advanced News Filter
  • Stealth mode
  • BROKER SPY MODULE 
  • Randomization System


Here's How Forex GOLD Investor will Dramatically Improve Your Trading Profits

  1. Get 2 proven Trading Strategies packed into one fully automated Trading System.
  2. Our intelligent Money-Management System protects your profits.
  3. Up - down - stagnant market conditions? It doesn't matter. Forex GOLD Investor gives you the best recommendations in all situations.
  4. No need to babysit this EA with complicated optimizations. Forex GOLD Investor's uses highly adaptive algorithms to flawlessly executed your strategy.
  5. We've tested hundreds of models and combined the best performers in one powerful trading strategy.
  6. It is designed to fit the needs of any trader, no matter the level of experience.
  7. It is designed to be 100% set-and-forget.


BROKER SPY MODULE

Forex GOLD Investor comes with revolutionary Broker Spy Module – to provide to our users this extremely important information - an inside look to the broker’s behavior. The BROKER SPY MODULE aggregates the whole important information of all trades executed from the robot since it is started. All statistics is written on an external file, so even if you restart the robot multiple times the statistics will not be lost.


Forex Gold Investor Protection Panel

Forex Gold Investor features an advanced protection panel designed to minimize drawdowns, ensuring low-risk trading and compatibility with proprietary trading firms, funded accounts, FTMO, and similar platforms. It offers a range of customizable parameters, allowing precise configuration to meet various restrictions and limitations.


Randomization System of Forex Gold Investor

The randomization system in Forex Gold Investor is an innovative feature that allows for randomized trade entries and exits. This functionality is particularly beneficial for traders using proprietary trading firms, funded accounts, FTMO, and similar platforms where trade correlation with other users is not permitted. By enabling this system, each user receives unique trade entries and exits, effectively eliminating the risk of correlation.


Forex GOLD Investor Settings

  • WinLargeFonts: true/false - use "true" to adjust the robot information box display in case you are using the Windows Large Fonts.
  • UseSystem1: true/false - enables/disables the trading of System1
  • UseSystem2: true/false - enables/disables the trading of System2
  • EA_Comment: you can type here a comment, if you wish to mark the Forex GOLD Investor trades.
  • MaxSpread: maximum allowed spread in cents.
  • Slippage: maximum allowed slippage in cents.
  • LongTrades: Enable/disable long trades (true/false).
  • ShortTrades: Enable/disable short trades (true/false).
  • AutoGMT_Offset: true/false - Change to false only if you want to use the ManualGMT_Offset in your live trading. In this case, please ensure that you have used the correct ManualGMT_Offset for your broker.
  • ManualGMT_Offset: For this parameter you have to set the winter GMT offset of your broker. This parameter is very important in case that you have disabled the AutoGMT_Offset=false and when you backtest the Forex GOLD Investor. If you set wrong value, then you may get unexpected results.
  • DST_Usage: true/false - If your broker shifts the GMT_Offset with +1 hour in the end of March and change it back in the end of October, you should set DST_Usage=true for live trading. This is important for the correct functioning of the second trading system (System2).
  • NFA: true/false - use "true" if your broker is NFA regulated.
  • No_Hedge: true/false - use "true" if you wish to cancel all hedge trades.
  • StealthMode: true/false - a mode which conceals stoploss and takeprofit levels in program logic, making them invisible to brokers. If you use this mode, the stoploss and takeprofit orders are not located in the trading server. In this case, if your trading terminal is not connected, or the robot is not working, your orders would not be protected. However, we are strongly encouraging using the StealthMode, because in some cases the visible StopLoss levels could be attacked tendentiously by algorithms that some unethical brokers could use.
  • PendingOrderDist: this value manages the new Pending (Stop/Limit) Orders functionality:
  • ............

For more info and COMPLETE LIST OF SETTINGS, Click here to visit the blog!

If you like my product, please write a review! I will be very grateful!

You can check out my other products in my profile!

If you want to be notified of my new products, please add me as a friend! I regularly publish new forex robots!

리뷰 127
Elio Jefe
40
Elio Jefe 2026.03.11 13:28 
 

The EA has been good to me and the support is very responsive. Recommend it!

Geunho Kim
885
Geunho Kim 2026.02.24 15:47 
 

I bought it today.

Ranganathan N
23
Ranganathan N 2026.02.03 05:25 
 

I purchased this EA based on positive reviews, and I hope it delivers excellent results.

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4.73 (15)
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4.39 (94)
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4.99 (197)
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5 (14)
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Profalgo Limited
4.46 (97)
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Adam Hrncir
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5 (1)
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Chen Jia Qi
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Bogdan Ion Puscasu
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Simon Reeves
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ULTIMATE SALE! Get WallStreet Recovery PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270!) Live Results:   https://www.mql5.com/en/signals/2331815 WallStreet Recovery PRO is a powerful FULLY automated trading system built on the legendary WallStreet Forex Robot core — one of the most popular and time-proven expert advisors in the world. It combines the reliable WallStreet trading logic with an enhanced, intelligent trade management system,
Forex Diamond EA MT5
Lachezar Krastev
4.67 (3)
ULTIMATE SALE ! Get Forex Diamond EA with a huge –60% discount ! Special Ultimate Sale Price: $217 (Regular Price: $547 — You Save $330!) Forex Diamond EA – Reliable Automated Trading Powered by Smart Algorithms Forex Diamond EA is a proven expert advisor designed to deliver consistent results using a combination of trend and counter-trend strategies. Trusted by thousands of traders since its launch, Forex Diamond EA stands out with its intelligent trading logic, adaptive money management, a
Infinity Trader EA
Lachezar Krastev
5 (18)
ULTIMATE SALE! Get Infinity Trader EA with a huge –60% discount ! Special Ultimate Price: $217 (Regular Price: $547 — You Save $330! Don't Miss!) Infinity Trader EA Live Results:  https://www.mql5.com/en/signals/2290275 Infinity Trader EA seamlessly integrates the strengths of Chat GPT and Gemini AI, providing unparalleled market insights and in-depth fundamental analysis. It actively adapts to ever-changing market conditions, identifying statistically significant price patterns with remarkab
Pips Master PRO MT5
Lachezar Krastev
5 (1)
ULTIMATE SALE! Get Pips Master PRO with a huge –60% discount ! Special Ultimate Sale Price: $157 (Regular Price: $397 — You Save $240!) Empowering your forex journey with Pips Master Pro. Unleash the power of precision and profit in the dynamic world of forex trading with the revolutionary Pips Master PRO . Crafted by seasoned traders and innovative developers, this cutting-edge forex robot redefines automated trading, equipping you with a suite of advanced systems meticulously designed to am
Omega Trend Indicator MT5
Lachezar Krastev
5 (1)
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
Trend Matrix EA
Lachezar Krastev
5 (1)
ULTIMATE SALE! Get Trend Matrix EA with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270!) Trend Matrix EA is more than just a forex robot; it's your key to mastering the art of trend-following trading. Developed to excel in the fast-paced and ever-changing forex markets, this expert advisor for MetaTrader 4 and 5 terminals is designed to spot and capitalize on trends, ensuring you stay on the right side of the market. The ultimate solution for tr
BF Scalper PRO
Lachezar Krastev
4.04 (55)
ULTIMATE SALE! Get BF Scalper PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270!) For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in order to improve its overall performance . The improved exit logic reduces the drawdown and increases the efficiency of the system. In
Pips Master PRO
Lachezar Krastev
ULTIMATE SALE! Get Pips Master PRO with a huge –60% discount ! Special Ultimate Sale Price: $157 (Regular Price: $397 — You Save $240!) Empowering your forex journey with Pips Master Pro. Unleash the power of precision and profit in the dynamic world of forex trading with the revolutionary Pips Master PRO . Crafted by seasoned traders and innovative developers, this cutting-edge forex robot redefines automated trading, equipping you with a suite of advanced systems meticulously designed to am
Trend Matrix EA MT5
Lachezar Krastev
5 (1)
ULTIMATE SALE! Get Trend Matrix EA with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270!) Trend Matrix EA is more than just a forex robot; it's your key to mastering the art of trend-following trading. Developed to excel in the fast-paced and ever-changing forex markets, this expert advisor for MetaTrader 4 and 5 terminals is designed to spot and capitalize on trends, ensuring you stay on the right side of the market. The ultimate solution for tr
News Scope EA PRO
Lachezar Krastev
3.9 (10)
ULTIMATE SALE! Get News Scope EA PRO with a huge –60% discount ! Special Ultimate Sale Price: $157 (Regular Price: $397 — You Save $240! Don't Miss!) For Settings, Instructions and LIVE Results Click Here! News Scope EA PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! News Scope EA PRO is a very effective and potentially highly profitable strategy for high impact news trading. Usually, when a major news event occurs, the
Omega Trend Indicator
Lachezar Krastev
4.86 (22)
The Omega Trend Indicator is an advanced tool that has been specifically designed to detect market trends early, and follow them efficiently. The indicator draws two lines. The main (thicker) Trend Line represents the presumed lower or upper volatility limits of the current market trend. A break in the main Trend Line indicates a potential reversal or shift in the movement of the trend. The Trend Line also indicates the best point to place a stop loss order. In Omega Trend Indicator, the Trend L
FREE
MACD Trend EA
Lachezar Krastev
4.5 (2)
MACD Trend EA is based on the popular forex indicator MACD (Moving Average Convergence Divergence). It is fully automated trading expert advisor and completely FREE!  As the name suggests, this expert advisor uses a trend-following strategy and uses the MACD indicator to detect the beginning of uptrends and downtrends. MACD Trend EA Top Features - Trend Following Strategy - Money Management - Advanced Exit System + TP and SL  - Trailing Stop System - Broker protection System - Custom Magic Re
FREE
Bollinger Bands Tunnel EA
Lachezar Krastev
4 (3)
Bollinger Bands Tunnel EA is a free expert advisor developed with the idea to be useful for traders who love to trade using the popular indicator Bollinger Bands. Bollinger Bands Tunnel EA has very simple trading logic. It trades inside of the Bollinger Bands indicator. When the price crosses the Bollinger Bands upper line and reverses, the EA opens a SELL position. When the price crosses the Bollinger Bands lower line and reverses then the EA opens a BUY position. The algorithm of closing the
FREE
BF News Trader EA
Lachezar Krastev
4.25 (8)
BF News Trader EA is the most advanced FREE tool for high impact news trading on the market. Usually, when a major news event occurs, the price spikes in one or both directions and this creates an opportunity for short-term scalping. If the magnitude of the price movement is big enough, the trader could gain 20, or in some rare cases even more than 100 pips in a few seconds. Of course, nothing is perfect and the liquidity issues in such high volatility moments could lead to spread increase, exe
FREE
Market Insider
Lachezar Krastev
4 (7)
Market Insider is an excellent indicator for scalping the trend and also trading market breakouts and reversals. It is based on a ATR measured volatility channel and the CCI indicator. The green trend line and green bars indicates an uptrend and the red trend line and red bars indicates a downtrend. An intensive price breakout of some of the trend lines indicates a market breakout and a potential new opposite trend. In choppy-range behaving market and in low liquidity conditions the breakout sig
FREE
Flex Recovery EA
Lachezar Krastev
Flex Recovery EA is meant to be almost all the time in the game – everything, but not a boring strategy. It is a countertrend strategy taking trades on the borders of a market volatility channel, combined with highly effective loss compensating algorithm. This strategy is suitable for traders with high risk profile … do not forget that “highly profitable – low risk strategy” is an oxymoron concept. If you want to beat the market at any coast, you must be all in, using aggressive money management
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Trend Power Bot
Lachezar Krastev
2.67 (6)
Trend Power Bot is a unique combination between highly efficient breakout detecting algorithm and very effective drawdown compensation money management. The money management could be considered a martingale, but used with low risk, the strategy survives 20+ years trading with acceptable drawdown. The default /safe/ risk is 0.2% (0.02 lots per $10k account equity) and this is extremely safe. However, if you decide to try your luck, you can bump the risk up to 1% (0.1 lot per $10k account equity)
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Smart Scalper PRO
Lachezar Krastev
3.54 (13)
ULTIMATE SALE! Get Smart Scalper PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270! Don't Miss!) Smart Scalper PRO is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things. Smart Scalper PRO is the professional version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Continue reading to learn more about Smart Scalper PRO. Smart Scalper
Forex Trend Detector
Lachezar Krastev
5 (5)
ULTIMATE SALE ! Get Forex Trend Detector with a huge –60% discount ! Special Ultimate Sale Price: $217 (Regular Price: $547 — You Save $330!) For Settings, Instructions and LIVE Results Click Here! Forex Trend Detector is an automated trading strategy which is developed to follow the money… or "follow the market impulse" resulting in reliable and consistent performance. I built Forex Trend Detector on a trading strategy that works!  I didn't use exotic or speculative techniques – instead i e
Omega Trend EA
Lachezar Krastev
4.57 (7)
ULTIMATE SALE! Get Omega Trend EA with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270! Don't Miss!) Signal Account:  https://www.mql5.com/en/signals/1914271 For Settings, Instructions and additional LIVE Results Click Here! Omega Trend EA is a fully automated trading system which takes much of the work out of trading, leaving you free to do other things! Omega Trend EA is a professional forex robot implemented with 3 simple but powerful trading p
WINTER SALE — FINAL DAYS! Get Trend Reader Indicator with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $117 (Regular Price: $297 — You Save $180!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Trend Reader Indica
Crypto Investor EA
Lachezar Krastev
2.67 (3)
ULTIMATE SALE ! Get Crypto Investor EA with a huge –60% discount ! Special Ultimate Sale Price: $217 (Regular Price: $547 — You Save $330!) Whether you're just starting out or already a pro, Crypto Investor EA is your edge in navigating Bitcoin’s high-volatility moves. Driven by cutting-edge algorithms, powered by advanced high-performance trading algorithms, and built on a lightning-fast, intuitive platform, Crypto Investor EA isn’t just a trading bot — it’s your dedicated engine for capturi
Smart Scalper PRO MT5
Lachezar Krastev
5 (7)
ULTIMATE SALE! Get Smart Scalper PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270! Don't Miss!) Smart Scalper PRO is the PRO version of the popular scalper BF Smart Scalper EA with a lot of new features/systems and improvements. Smart Scalper PRO is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market impulse, after a reasonable correction is detected. In the core of this
BF Scalper PRO MT5
Lachezar Krastev
5 (2)
ULTIMATE SALE! Get BF Scalper PRO with a huge –60% discount ! Special Ultimate Sale Price: $177 (Regular Price: $447 — You Save $270!) For Settings, Instructions and LIVE Results Click Here! BF Scalper PRO is the professional version of the very popular EA - BF Scalper EA. We have implemented a lot of new additional features and systems in this PRO version, in order to improve its overall performance . The improved exit logic reduces the drawdown and increases the efficiency of the system. In
필터:
marvis
122
marvis 2026.04.14 12:45 
 

Where is the live signal? Was it removed due to the recent poor performance? Many trades (IC Trading), but just one direction - downwards.

Elio Jefe
40
Elio Jefe 2026.03.11 13:28 
 

The EA has been good to me and the support is very responsive. Recommend it!

Rahmat Kazi
98
Rahmat Kazi 2026.03.11 06:52 
 

Unsure about performance however will test and update in a few months, just placing this review so i can get access to the free news scope EA

22.03.2026 - quick update, just a bit too risky for me in the short term so i've stopped using it completely, requested for set files to see if there's some better settings i could be using as i'm just using defaults with 10% daily drawdown protection, will update when i've received and tested that, most likely will run this bot again once i've got a good amount of disposable balance to waste on it but just feels like more of a gamble than some other bots like the infinity trader or powerhouse suite, also a bit strange that i need to take down this review to get access to the newscope pro, not sure if this is skewing the ratings unfairly?

Tiago Miguel Silva Ferraz
195
Tiago Miguel Silva Ferraz 2026.03.04 01:26 
 

It is a Completly Scam. I have years on the market and I just have bought it recently to test it. It is just horrible. Dont expend your money on this EA. Only buys even when the market is bearish (on sell movement). It can blow up your account in 1 day.It is a really bad EA honestly. Want to test a EA properly before someone buy it? Follow this tip: Run the test on a VPS server i dont know for example chocoping and test the EA with your desire balance and make a test of at least 2 years with the correct timeframe and with the option EVERY TICK BASED ON REAL TICKS dont choose the option every tick only because that option is basically not based on the reality.

Lachezar Krastev
82610
개발자의 답변 Lachezar Krastev 2026.03.05 06:47
Hello Tiago, Thank you for your review. However, I do not agree with your statement. There is no scam involved, and the product is working well. The performance can be verified on my live account results. If you experienced poor results, this may be due to custom settings or an incorrect configuration of the EA. Different settings, broker conditions, or risk levels can significantly affect the results. If you are having difficulties or getting unsatisfactory results while other users are achieving positive performance, please feel free to contact me. I will be happy to help you review your settings and assist you with the correct configuration of the EA.
Geunho Kim
885
Geunho Kim 2026.02.24 15:47 
 

I bought it today.

Ranganathan N
23
Ranganathan N 2026.02.03 05:25 
 

I purchased this EA based on positive reviews, and I hope it delivers excellent results.

ultrades
24
ultrades 2026.01.29 13:34 
 

I have purchased this EA after seeing a good recommendation for a steady monthly return on Gold. I am currently testing it in Demo and yet to update it's performance, hopefully in line with the my positive expectation.

Sergio SBK
19
Sergio SBK 2026.01.29 08:15 
 

사용자가 평가에 대한 코멘트를 남기지 않았습니다

parbennn
279
parbennn 2026.01.16 10:30 
 

Great EA from a nice seller

Andrei Trif
330
Andrei Trif 2026.01.01 03:51 
 

An amazing EA. Great value for the price. It has allot of live historical data and its ranked on a few forums among the top 3 ea's . Backtest looks very solid and I expect it to perform the same on live. Many thanks to the developer.

iamariff12
36
iamariff12 2025.12.29 02:06 
 

i have purchase this EA after backtesting it. through backtesting it works amazing, havent yet use it on a live account. i will update once i have tried it on a live account for a few months

MFahad01
20
MFahad01 2025.12.18 13:20 
 

사용자가 평가에 대한 코멘트를 남기지 않았습니다

Lim Zenshen
129
Lim Zenshen 2025.12.15 12:34 
 

I purchased this EA because of the system trade exactly same like the back testing (never lie). This EA never martingale and also nerve layering by full margin. Low DD. Slow and steady profit. Is a comfortable EA

edwinti
483
edwinti 2025.11.27 00:12 
 

I bought this EA after watching Petko's review on Youtube. Based on Petko's review, the system 1 and system 2 are profitable and I have used it for more than 1 week with System 2. So far, it is a great gold scalper during New York session but it only took Buy trades. So, have to monitor the market as I foresee it might not work for all market conditions especially in very volatile or bearish market.

Erwin Panti
170
Erwin Panti 2025.11.23 04:13 
 

Bought this EA few days and so far happy with the support. At the start, EA is sleeping as it is not opening any trades. Good support from the seller as well.

Mr. Sturm
516
Mr. Sturm 2025.11.11 15:15 
 

I've tested the EA a few times now and kept turning it off because it gets way too wild and unpredictable. It can destroy your account in no time. It doesn't look like there will be any more updates to tone it down a bit.

eve costa
88
eve costa 2025.10.22 00:58 
 

PLEASEEEE, update the EA is ridiculous burning accounts, it just works in a bull market, ( is perfect ) but in a bear market is ridiculous almost never sells, just buy against the trend burning your capital, once again please upgrade fixing what people are saying, LISTEN, DD%, limit of losing trades not working, and sell mode because it doesn't exist. I would recommend waiting to buy this EA until further fixes are made to avoid wasting your money.

AALTWALIE
20
AALTWALIE 2025.09.03 12:23 
 

I have been testing the Forex Gold Investor EA recently. After some adjustments, the EA started trading properly. Built-in risk control suitable Optimized for gold (XAUUSD M15). Useful news filter to avoid volatile events. Excellent support team – very fast and helpful.

Anthony Craig
25
Anthony Craig 2025.07.28 01:05 
 

Happy with the trades it's put down so far!

ansmolko
39
ansmolko 2025.07.25 03:23 
 

I have had this EA for 5 months now. Any interested buyer should look at the official myfxbook account (Forex GOLD Investor REAL) for the forex gold investor before it is deleted. The EA has been unable to consistently maintain gains above the amount the account had 2 years ago, the beginning of August 2023. THE OFFICIAL EA ACCOUNT HAS BEEN UNABLE TO MAINTAIN PROFITS WITHOUT BLOWING THEM FOR 2 YEARS. This has been consistent with my personal trading experience as well. The EA will perform an impressive series of wins followed by a catastrophic drawdown. This pattern repeats itself with standard settings and all the various risk settings in between. I've probably generated close to 2 dozen different setfiles for this EA and none of them have been able to prevent the catastrophic drawdowns. The much vaunted "account protection settings" are insufficient to redeem the EA. They can tell the EA to shut down, but this does little to prevent most of the large drawdowns that the trader generates. I will explain why below: If we look at the heavy drawdowns on the official myfxbook forex gold investor account, we will see that they occur either from a few trades with huge losses, or from a consecutive series of smaller loosing trades. In either instance, most of the serious losses occur from trades that were opened in consecutive order, within a relatively close time of each other. By the time the first loosing trades send the signal to activate the drawdown protection, the other loosing trades are typically already opened and therefore, must be closed to prevent losses before the EA can turn itself off. For example, a series of 4 loosing trades are opened around 2 o'clock. Around 3 o'clock, the first two loosing trades close at a 5% drawdown and activate the account protection. The next 2 loosing trades are already opened and because of this, the activated protection settings cannot prevent the loss. While the protection settings DO effectively prevent recovery loss trades following a large drawdown, they typically are unable to prevent the bulk of the drawdown for the reasons outlined above. Don't believe the vendors when they respond to negative reviews by stating that the recommended settings and account protections would have prevented massive losses. Their personal account is at the same gains it was at two years ago, so the main issue lies with the EA, not the users reporting losses. While the description quality and user support are both good, I gave everything one star because we all know that people look at the ratings to determine an EA's profitability.

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