Goldilocks EA
- Experts
- Matthew Lewis Beedle
- Version: 1.5
- Activations: 10
Please note MT5 version can be provided on request.
Please note I only have 2 more available at 45 USD, then the price will increase to 60.
What is the Goldilocks EA?
Check the video for more insight!
This bot is one of my more advanced projects. It was built in mid 2023 and has been profitable since its creation with over 80% return and 72,000% return in backtests from 2003 with a % risk setting!
It uses QQE for long trades and uses a combination of SME and DI for short. It will make multiple trades and is also capable of hedging (Going short and long at the same time).
The general idea is it recognizes good opportunities to buy based on the last 20 years of data using machine learning, and will patiently build up and hold for a profit. For the shorts, it takes less risk and will implement a moving stop loss early. The main reason for this is gold will typically fall fast while it rises slowly.
Do your own backtests, you'll see it is very much legit and given this was released some time back with NO new version, you don't have to worry that it's just overfitted backtests.
Reasons not to buy this product?
- It will have losing months. If you want INSTANT gratification, try a martingale grid EA.
- If you don't have money you can risk and need to make money really fast. I don't this either, this should be considered a long term hold.
My main selling point as a EA creator? Brutal honesty. I share my views and failings on my YouTube channel, including some embarrassing mistakes. MQL5 is full of scammers and people trying to deceive you. Maybe by being super honest i'm doing the same? But either way, I wish to bring something a little bit different to the table and maybe inspire more traders to open up!
What strategies can this bot pull off?
Only 1, this is a plug and play BOT. No changes are needed to use it.
How did we avoid overfitting(important question when using machine learning)?
- The initial settings for QQE and DI were built from a manual trading set-up I used.
- There is live data showing this bot to be working well. Not just backtests.
- We never used the full data set for creation of machine learning algorhythms
- The algo has been through significant robustness tests and is not overly optimized.
- Short and long algos were created separately
Standard features?
- You can change risk between fixed lots or %
- You can limit number of daily trades, this bot by default will make max 10 trades at a time, but you can reduce this to fit your risk allowance
- I'm open to sharing a fully variable option for people if they really want to tinker with the algorithm, but, I will not be responsible for the results
Advanced features?
- Moving stop losses for short trades
- Hedging
Instructions:
- Add to XAUUSD (Gold/USD) 1 hour chart
- Enable automatic trading
- This bot also has favorable backtests on the 15 min chart, but I personally recommend 1 hr.
Bonus! Q&A that you should ask EVERY seller on this website
- Are you a real person, can I find you easily online? - A Yes, very easily. I can't just make a runner.
- Do you have live signals demonstrating the products and how much money do you have staked in it?- A I display one in my video, I will be adding a new LIVE signal soon.
- Will you fix bugs if any are found- A Yes, so long as it is a bug and not a brand new feature. I'm open to new features, but please keep in mind this works already.
- Is this a Martingale, grid or some other type of trading bot that is designed to make a nice looking curve and lose rarely, but will end up in my crying when I lose all my money? A. No, it's 100% NOT
Disclaimer
- You MUST, try this bot on DEMO before going to live. Make sure you really understand it
- Algo trading is not without risk. Putting in 0.1 lots instead of 0.01 lots can be the end of your account. Double, triple, quadruple check any inputs before moving this onto a live account.
- I can not be responsible for any losses or wins that you might incur. This bot has been thoroughly tested and you have the demo version and demo accounts to do your own testing with.
- If you are ever emotional, feeling down, depressed, excited. IE any form of mind state where you are not fully rational. I strongly recommend staying far away from any trading terminal. If you have any form of gambling addiction, do not trade. Find a new profession ,95% of traders lose for a reason. Don't have the ego to magically think you are part of the 5%.
Trading involves significant risk and can result in the loss of your invested capital. This product is for educational purposes and should not be considered financial advice.
Message me with questions!