Gold Baum Pro
Gold Baum Pro is a very difficult EA to backtest. Even though there is a comprehensive description of how to do it, about 85% of people do it wrong. I recommend you to make your decision based on the reviews of the EA and the live signals results (links below)
!!! Current price of $499 will be soon increased to $999, so if you want to get a discounted price this is your last chance !!! Look at the signals to see how profitable this Expert Advisor is (links are listed below) !!!
I would like to present you with another Expert Advisor - Gold Baum. We started with Arbor a few months ago and this time we took it to a whole different level. After getting positive results of our custom made indicators, we’ve been able to see that market scanning algorithms work well. So we’ve combined them with our Neural Networks which we worked on for the last year. The results are incredible and I’m pleased to share them with you in the backtesting screenshot below. For the moment our algorithms have been trained to trade XAUUSD specifically because even though gold is highly volatile, our indicators show great potential while trading this commodity. Gold Baum Pro uses both normal and renko charts. On top of it, it also uses a range bar chart so overall it has implemented 3 very different strategies which combined together provide spectacular results.Comprehensive description is available here: https://www.mql5.com/en/blogs/post/748250
Live signal (default settings, low risk, demo account) of Gold Baum Pro is available here: https://www.mql5.com/en/signals/1515691
Live signal (medium risk, real account) of Gold Baum Pro is available here: https://www.mql5.com/en/signals/1492969
How does it work?
- The Neural Network has been trained on a regular XAUUSD chart on 4 different timeframes to find the best possible entries both for long and short trades. It uses short term and intraday strategies with high probability of win rate and a great risk reward ratio.
- Scanning algorithms use a regular chart to search for the right entries as well as our custom made renko charts (renko chart maker is included with the expert no need for extra tools for live trading but for backtest you have to run our GoldBaum ToolKit once).
- Neural Network uses range bar chart to to find the best possible entries.
- Add the necessary URL to the list of allowed URLs in your terminal properties (follow the instructions from tutorial video below)
- Run Gold Baum Pro on XAUUSD(or GOLD) chart (timeframe doesn't matter)