• Overview
  • Reviews (6)
  • Comments (8)
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Gold Evolution

3.33

Concept

Gold Evolution is a system that identify the safest entry and exit points.
This system is focused on a long-term stable growth.
It is a professional strategy developed years ago for manual trading of Gold, and now, perfectly adapted to automated trading.
It does not need to be constantly updated as it adapts naturally to varied market conditions.
No martingale, no grid, no hedge, no other dangerous strategy. Only strict rule-based approach to trading, allowing to maximise return while having risks under control.

Results

Live tracking: https://www.mql5.com/en/signals/1233808

How to configure

  • You don't need .set files, all settings are stored internally in the EA.
  • The EA must be attached to only one M1 chart per Symbol.
  • if your broker uses suffixes on symbols, for example USDJPYe, you should put this suffix in the input "SymbolSuffix".
  • The input Manual_Set_GMT is the GMT that your Broker uses on DST (Day Saving Time). You don't need to change this value at DST end.
  • Recommended mininum balance: $300. But you can even start with $100.
  • Recommended broker: A true ECN, with low Spread and low comission, as Tickmill, Global Prime, Darwinex or ICMarkets.

Recommended Pairs:

  • XAUUSD
  • USDCAD
  • USDJPY
  • GBPUSD

Features:

  • This is the free version, so the lot is limited to 0.01 and this EA does not open buy orders.
  • To order any lot value and trade buys and sells, buy the full version, or get it at my IB promotion.
  • Only one order per symbol open at a time.
  • Maximum two orders per symbol per day, one buy and one sell.
  • It never increases the risk of operations or bank management in an attempt to cover past losses.

    Full version

    Backtests

    This EA is designed to be extremely easy to test.
    It works only at control points. So you don't need ultra accurate historical data tick by tick, simply because this EA doesn't operate tick by tick.
    You can check yourself, the difference of a backtest with "Every Tick" or "Control Points" will bring the same result.
    Another important factor is, working only on the control points makes the backtest much more accurate as it won't use random ticks from mt4, but only uses known OHLC data.
    Do you want to know more about backtests or do you need historical data? look at my profile and send me a message.


    Has this EA been overfitted?


    Absolutely not! The creation of this EA had the following principle: overfit only in a short period and if the strategy has an edge on the market, it will remain positive in the other larger periods. And that's exactly what happened: the overfit only took place in the 01/2015 to 12/2015 period and the strategy is positive from 2008 to 2021.


    Author

    Look at my profile and send me a message: https://www.mql5.com/en/users/narfal



    Be Smart! Trade Safe!


    Reviews 6
    behzad kamrani
    91
    behzad kamrani 2022.02.28 16:20 
     

    Great on NQ100 and GOLD on 4H Thanks

    alfeu16
    14
    alfeu16 2022.04.27 13:23 
     

    Muito bom

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    Filter:
    Cristian Mihail Pauna
    13063
    Cristian Mihail Pauna 2022.09.29 05:08 
     

    Positive feedback! This EA can be definitely improved!

    NN
    792
    NN 2022.06.17 18:33 
     

    User didn't leave any comment to the rating

    alfeu16
    14
    alfeu16 2022.04.27 13:23 
     

    Muito bom

    behzad kamrani
    91
    behzad kamrani 2022.02.28 16:20 
     

    Great on NQ100 and GOLD on 4H Thanks

    Millioner
    36
    Millioner 2022.02.05 11:16 
     

    Наебщик, оплати аренду, а потом автор сообщает что тебе нужно купить еще лицензию около 200 долларов! Об этом нужно сообщать заранее! Попросил вернуть деньги, о продавец отмалчивается! Не советую связываться!!!

    Paulo Martins Barbosa
    10220
    Reply from developer Paulo Martins Barbosa 2022.02.11 04:02
    You never contacted me to request a refund!
    Also, this is the free version. If you actually rented, comment on the paid version.
    Ah, you can't comment on the paid version, right? Simply because you've never rented my product and you're just making up lies.
    Aussie Trader
    1058
    Aussie Trader 2021.11.03 04:49 
     

    User didn't leave any comment to the rating

    Paulo Martins Barbosa
    10220
    Reply from developer Paulo Martins Barbosa 2021.11.03 19:41
    You only tested one pair and for a relatively short period. A test of just over a year does not say anything about a product that is intended to be used for decades. Also, you have only tested one pair, currently the system operates with 4 forex pairs and we are working so that you can work with an increasing number of assets.
    Reply to review
    Version 1.26 2022.01.25
    - No more hassle setting up Time Zones. Now this is can be done automatically.
    - No more hassle with that annoying "must be false" option.
    - A cleaner look for the setup window, with more intuitive options.
    - Added options to choose RiskRewardRatio and enable or disable Trailling Stop.
    - Fixed a bug that reduced the risk to a value below the stipulated in the parameters when the quoted currency was not USD.
    - New backtests were performed, now using the Tick Data Suit program, with 99.9% accuracy and with slippage simulation. You can check the new backtests in the product description.
    - This new version did not change the basic strategy of the EA. But in order to obtain more stable results, with less exposure and less capital fluctuation, I will stop trading and stop recommending the AUDUSD and EURJPY pairs.
    Version 1.25 2021.12.29
    - No more hassle setting up trading hours. Now this is all done automatically.
    - Now you can choose the trades Comment.
    - Added option for accounts that use Symbol name suffix. For example, if in your account the symbol USDJPY appears as USDJPYe, put "e" in the SymbolSuffix input.
    - Rarely the EA left open orders on the weekend. This happened so rarely that the impact on the result was minimal. But now all orders are closed before Friday's close.
    Version 1.23 2021.11.07
    Small code improvements.
    Version 1.2 2021.11.02
    Now, trading time is based on GMT time, not Broker time;
    Now, free version can setup trading hours;
    Fixed a bug that could skip, in rare situations, good trade opportunities.
    Version 1.1 2021.10.27
    1- Included the possibility of LotSize settings for BackTest Mode.
    2- Minor code improvements.