GoldPulse AI MT5

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This is a total scam. I own both the GoldPulse EA and GoldMind EA from the same author, and here’s what I’ve observed: 1. Both EAs trade exactly the same on gold (XAUUSD), yet they are sold separately as if they’re different products. 2. The risk-reward ratio is awful. You might win +1.19, but losses can reach -11.43 (when closed manually), and since the stop loss isn’t clearly indicated, you’re never sure how far it can go. 3. The strategy depends on reversals, but if the trend turns against your position, you could be wiped out. 4. The seller is very responsive and an excellent salesman who could sell you anything, but his EA is terrible! 5. The high win rate is due to a large number of small wins, but the values are minimal. The losses are fewer but very significant. It's a joke! In my honest opinion, I’d rate this EA 1 out of 5. Even if it were sold for $10, knowing the terrible risk-reward ratio, I would avoid it. Goodluck!

Bad

Bad EA. Horrible risk-reward. Hidden SL. Don't buy this. Actually, don't buy any EA; I guess that profitable EAs aren't public. After spending over 3000 USD on MQL5, I found that all of them were scams.

Regardless of the risk/MM you use, one thing to be aware of is that there is no hard SL and a strong move with no pullback would kill months of profit before the EA gets a chance to close the position in loss. MM would determine the lot size but won't change the strategy, risk-reward ratio, or the general risk you carry with having a floating position on Gold with no hard SL. Babak is a nice person to deal with and I am sure he will come out with something better in the future but unfortunately, I wouldn't recommend Gold Pulse, especially in a US election year.

This EA can never be profitable with this kind of RR and this strategy, it takes 20 winning trades to cover a SL, knowing that if we put the EA on several XAU pairs at the same time, it takes several SLs in one go , As far as the strategy is concerned, each time it takes an impulse movement in the opposite direction, therefore counter-trend with no SL

Sorry but this EA becomes bad over the past months. It tries to catch reversals in a trending market. Never catch a falling knife. Also the RR is bad, since you rarely catch a full TP but when you get an SL it is a full SL. So RR is around 10:1 or larger. This bot was profitable for some time but now eats up all the profits. I will renew this review if the Bot is getting better again

The product was not created for you to earn money, but only for the author to make sales. Therefore, a review will help save your money. extremely disappointed with this advisor, there is no reliability, the seller said that the stop loss was dynamic, but the maximum was 35 dollars, in the end he closed the stop loss at 45 dollars, when asked directly, he received a very unclear answer regarding risks and stop losses, but this is how it is on the account once it happened. You can also see the responses to other comments and you will understand everything. I am ready to correct the review if I get a refund for the product. the author constantly deletes signals and makes new ones, deposits are made at $100 each, so that there is a large % right away. Every time you will risk almost a huge part of the deposit in order to win a couple of pennies

now after a nearly 4% lose with just one position in my FTMO evaluation on default settings i have to rate this EA, the wins are tiny and the lose are big, ridicilious RRR the avg. lose and avg. profit speaks for itself. this "prop ready" EA have nearly blow my evaluation because it seems there was no SL anywhere on this long lose run!! 1 lose destroy all profits like the other buyers write before....

edit: of course Babak its everything false and only the Profit Factor is relevant of course, the PF is especially for backtesting relevant, the RRR and avg. win/lose are relevant for actual daytraders, and nobody have problems when you or the EA take small TPs, but then the SL need to be adapted to the TP that the RRR and the avg. lose are hold in frame...and again in this BIG lose was not one "adaptive" SL only the absolute MAX SL...

I was using the EA for around 3 months but have stopped it as long as my results are still slightly in profit. The risk to reward ratio of the EA cannot sustain in the long run. With one SL the profits of more than 2 months were wiped out. After every SL the author blames some market event (e.g. "manipulation" of the Bank of Japan) and provides a quick fix. But as long as the RR is that bad using the EA is rather gambling than serious trading.

Yesterday i wrote a review i want to edit it but got deleted .. anyway its about how ea not performing well on the long run, i said EA RR is so bad 1 SL will destroy 2 months profit so this EA useless & worthless... got response from author ... as he say this he tried many configurations if SL to tight not work / not profitable ... so this EA will works with huge SL / minimum TP ... so its like gambling hoping the EA take a good entry .. if not then wait for retrace .. if open too long once retrace .. EA will close with min TP / $0 ... if not retrace then EA will take a huge loss ... in reality after testing it for couple of months Not days ( i always test at least 2 months before review any product, so it will be fair ) ... at first EA gain some profits then 1 SL destroy them All .. its like working for 2 months & loss all the money in 1 day... i dont think its gonna works on the long run ... in investment better gain slowly steadily, safely & preserve the capital we gain ... not gain so much & fast then gone in a day .. thats why RR is important not only PF / winning ratio .. please dont blame the market ... but the strategy it self is it work or not ... peace

Not trading a lot but most trades are positive so far. Only downside is big SL.But he is working hard to improve his bots.Great customer service.

I have purchased this EA in April 2024. Initially it was good and made some profits. From June , performance starts going negative. Even though winning % is more , Risk: Reward ratio is very poor, hence two losing trades on June wiped out all profits made from 15+ trades. There is very few number of trades per month and yesterday also one losing trade wiped off all profits and reduced my initial capital too. So after spending a premium price for the EA and wasting my precious 3 months of time, I am still a loser with this EA. Developer has made so many updates in last 2 months but still in the end it make huge losses. If your TP is very small and SL is so big, any EA can achieve a high win %, but not high profits. Developer has made a low cost version of this EA which will support only XAUUSD pair , but later he started adding more strategies and forex pairs to it and ignoring the loyal customer who purchased GuldPulse with premium price. So, I lost trust with this EA now.

I have purchased and am using it. It is very good, although the period is still short. I believe the author is also a reliable person.

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First of all the seller is really supportive and helps out. He updates the EA on a regular basis when there is an update needed. He also listens to the buyers when it comes to findings. The EA itself is great. It doesn't trade a lot, but when it does it is in profit. So if you are searching quality over quantity give this EA or the SilverPulse EA a go.

Seller is professional and willing to answer any questions.

The best expert ever! and Babak is available for any technical support literally anytime.

I want to say a big thank you to Babak. If there are problems, he helps promptly. The advisor is trading profitably. Thank you

Great start for 2 months! Absolutely amazing, the author is also helpful and fast respond.