Golden Algo

The EA has been performing exceptionally well on my end, so I’m genuinely puzzled as to why others are facing issues or blowing their accounts. It’s important to understand that the EA comes with risk parameters, and if those aren’t set correctly based on your account size, the fault lies in the setup—not the system. Two stop-loss hits should not be enough to blow an account unless there's serious over-leveraging involved. Please don’t do an injustice to the developer by blaming the EA when it’s actually due to mismanaged risk or improper configuration. Also, keep in mind the recovery feature is optional—you can turn it off from the start for a more conservative approach.

I like this bot and I-m giving it 5 stars. Ram does his best to help his customers, thank you Ram for your support. Guys, be careful what % of your account you want to risk. To me, with recovery ON, 10% is way too much. Or just turn the recovery OFF.

I think Golden Algo is doing very well so far, I know still too early to say that cause it does not have a long history but from the way the bot carefully takes trade (usually 2 trades per day) not crazy random trades, other thing which is really important no martingale strategy with only pretty clear TP and SL, I see some people mentioning non sense complains like 2 SL in a row ....well that is why there is SL setup to protect your account dude, right? please support the guy who is making efforts to help you better than leaving a negative review on something you do not know what you are talking about ... If you really want to evaluate the bot, watch the profit factor ...win rate etc. over a long period of time. Regarding recovery factor you can simply turn off if you want to limit your risk, so it suits everyone risk appetite, you can choose fixed lot size instead of account percentage. I would like to support and thank Ramethara Vijayanathan for his efforts to help people and he is very responsive too if you want to ASK him any question. I purchased this bot on April 16th, today is April 23rd, and I am up 13% with account risk 2.5% AND I am aware that past performance does not guarantee future results.

Many losses in a row. Not a good start. I will change my review if the EA improves

Good EA, give it time and if you know how to manage the risk

No disrespect to anyone. This EA is the best so far, there is no HOLY GRAIL safe EA for sale anywhere. All EAs that are for sale are risky, if one can not afford to lose their hard earned money, please don't play forex OR keep your risk at 1%. I'm one of the early users (bought it 28MArch) and consecutive losses are part of it. No matter what the BT shows you any smart person knows that past performance doesn't guarantee you the same future results! I say it again there is NO holy grail, safe, low DD, high profit... etc etc EA for sale!! Anyone that bought this EA should've been aware of how it trades, seen the settings page and watched the Backtest in action. Furthermore the live demo results was/are there for anyone to see AND matches my live real account results of the SAME broker! (Not sure about other brokers.) Ram is a very nice and great developer and replies to all questions in a promptly matter. I hope Ram keeps updating this Perfect EA if necessary. Take care and wish you all the best.

I think people below are drawing fast conclusion when talking about over-fitting to backtest. It's no secret that gold has gone bananas compared to earlier data - and that the volume and momentum we see now is causing the strategy not to perform perfectly. However, I am giving a small minus due to entries does not seem optimized in all cases. When you look at gold turning bearish, it still places buy orders. In my opinion, the promised "enhanced AI capabilities" should be able to see if the sentiment is turning bearish, and then start only placing sell orders. Similar when sentiment is positive, only place buy orders. The recovery system is maybe usefull under more normal conditions, but its very risky in this volatile market. That being said, I think the strategy looks very promising. Lastly, it would be nice with a telegram.

It's funny how martingale is now called "recovery" by some who are afraid to call a spade a spade. Personally, I had turned off the martingale mode, as it's too risky, and the EA can still be profitable even with its negative risk-to-reward ratio as long as it has a high enough win rate. The EA seems to be maintaining a good win rate up until now, but I am concerned that the ratio of losses may be increasing. Only time will tell how things will go in live trading as opposed to backtesting that is not reliable.

After 2 losses in a row, the Bot has fully recovered with profits.... Congratulations to the Bot developer.

I am happy I purchased this EA. Yesterday was loss but now it recovered. I still stick on my 5% risk per trade. Lets keep going 🙏🏻🙏🏻🙏🏻

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In the backtests of the past few years, there have been no two consecutive losses, but this time, there were two consecutive losses. This is either backtest manipulation, overfitting, or coincidence. I will reevaluate after observing the situation for a while.This loss cannot be recovered unless you win at least 10 times.

Very professional and good support, EA should cost $4999 not $499 it’s incredible

I bought this EA few weeks back & the results are amazing especially in capturing quality trades. Also the EA has good win rates. Thanks.

I have been using this EA on my real account for about 10 days now and I am quite satisfied with the results! 👏 Golden Algo performs consistently and successfully thanks to its strategies and risk management mechanisms. Especially its ability to adapt to market volatility and its user-friendly settings make it a very suitable tool for both experienced and new traders. Transactions are concluded in a short time and do not strain your account. It was very easy to set up and I was up and running in a matter of minutes thanks to the detailed explanations and clear instructions. The accuracy and timing of the EA's signals in real trades are excellent. So far it has helped me make regular profits while minimizing risks. I would like to thank Ramethara Vijayanathan and the developers! I have received intensive support for every support request. If you are looking for a well optimized, reliable and functioning system, I highly recommend Golden Algo. One of the most professional EA's I have ever come across! ⭐⭐⭐⭐⭐ Thank you! 👌

Never seen such a great bot before. And Ramethara answers all questions super quickly and politely. Really the best MQL programmer!

The bot works truly impressively. Very controlled drawdown and few trades to keep the risk under control. The developer is lovely and answers all your questions. Moreover, it seems to be very well programmed and so far I haven’t noticed any errors. I really hope it lasts for a long time 🙏🏻🙏🏻

This EA has a high win rate and a short position holding time, which provides peace of mind. It also recovers quickly from drawdowns. Overall, it's the best EA I've purchased so far. The developer is very responsive and always provides thorough answers to any questions.

I have purchased this EA very recently and have it running on several Live accounts. Until now it has proven to be worth every penny. It acts like a sniper...it sits quietly, doesn't open trades during the XAUUSD 'storms' we have seen the last few weeks due to the 'new sheriff''s actions...it waits until the perfect moment. And then, when it opens a trade, it's spot on and delivers consistent profits. Currently the counter on one live account is 7 Buy trades, 3 Sell trades en 100% winning trades. Still have to see how it performs in the long run, but for now it's doing an AMAZING job!

I had purchased several bad EAs before I came across this one. This EA is the real deal and is the closest to the profit I am targeting. It is in perfect alignment with Signal's history. I will operate it for the long term, and I strongly recommend it!