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Matrix Gold

579 USD

Demo downloaded: 101

Published: 14 May 2024

Current version: 5.0

Matrix Gold

Name: Matrix Gold
Price: 579.00 USD
Rating: 1 (1 reviews)
Author: Bailey John Wickens

Experts
Bailey John Wickens
Version: 5.0
Updated: 21 May 2024
Activations: 20

Introducing the groundbreaking Matrix Gold EA – a breakout-based automated trading system designed with a focus on risk management. Unlike conventional methods such as risky martingale or grid EA strategies, the Matrix Gold EA operates with the precision and discipline of a seasoned manual trader. Specializing in the prestigious XAUUSD/GOLD pair, this EA capitalizes on small market movements while strategically using a stop loss and take profit mechanism. Furthermore, it incorporates a dynamic trailing stop loss feature to maximise profit within a trending period.

Release Price: $249 - Price Will Increase $100 With Every Purchase! - Final Price: $1997

This expert advisor stands apart from others by prioritizing capital preservation, employing a conservative approach with each trade carrying a mere 0.5% risk of the account balance. Its simplicity caters to traders across the spectrum of experience and expertise.

Furthermore, this EA's track record speaks volumes about its reliability and robustness. Personally used to successfully pass multiple FTMO challenges. No customized set file is required as the standard settings have proven their efficacy time and again.

Recommendations:

Minimum Balance: $100
Timeframe: M15
Pair: XAUUSD / GOLD
Leverage: 1:500
Broker Type: Raw / ECN / Low Spread
Account Type: Hedge

Info:

Every Trade Has a Stop Loss & TP / TSL
0.5% Risk Per Trade
Trend Filters
Dynamic Lot Size
Trailing Stop Loss
Trading Days Filter

more...

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Filter:

1627

Guilherme Jose Mattes 2024.06.19 15:37 #

This EA has good profit potential, but unfortunately, there is a bug in the code. Initially, I thought it was just an issue with the time filter, but there's another problem in the EA's code that causes it to manage other trades (even manual trades) and simply close the positions. I incurred losses using this EA because it repeatedly closed trades. I have used various EAs for years and know this is a coding flaw. The developer refuses to fix it, claiming that the EA should be used in isolation (without other EAs or even manual trades). This does not address the root cause of the problem. Unfortunately, I cannot continue to use the EA until the developer resolves this issue.

EDIT: If the developer fix the problem, I will ajust my review

6799

Reply from developer Bailey John Wickens 2024.06.19 15:38 #

Hi, thank you for your positive review!

3866

220072256 2024.05.20 17:35 #

User didn't leave any comment to the rating

6799

Reply from developer Bailey John Wickens 2024.06.19 15:37 #

Thank you for your review!

Version 5.0 2024.05.21

Bug Fixes to the time filter that was recently added

Version 4.0 2024.05.20

Added time filter