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Golden Taipan FX

2.4

Golden Taipan FX for XAUUSD H1 - Professional Overview

Introduction

Golden Taipan FX has been updated to deliver transparent and easily analyzable trades, featuring improved backtest accuracy. The system now automatically updates the timezone offset during initialization, ensuring precise entries and exits.

Risk Management and Trade Settings

  • Risk-Reward Ratio: 1:2
  • Stop Loss (SL): 500 points
  • Take Profit (TP): 1000 points

These settings offer substantial reward potential while keeping losses manageable. By default, the system allows for one open position, adjustable up to 100. Increasing the number of positions can enhance profit potential but also raises the system's risk.

Dynamic Lot Sizing

Golden Taipan FX includes an advanced dynamic lot sizing feature. Users can specify the dollar amount per 0.01 lot traded, simplifying the configuration process and effectively managing risk without the high drawdown typically associated with percentage-based risk methods.

System Transparency and Analysis

This version omits trailing stops to enhance transparency and ease of analysis. The fixed stop loss and profit-taking levels are designed to provide consistent results, ensuring accurate backtests and real-time trading alignment.

Strategies and Performance

Equipped with 300 strategies, Golden Taipan FX aims to maintain a high win rate while adhering to a 1:2 risk-reward ratio. The system is designed to deliver robust trading performance and reliability over time.

Trading Approach

Golden Taipan FX adopts a conservative approach to trading gold, avoiding illogical entries and overtrading. It focuses on realistic and accurate trade entries, emphasizing patience and logic in all trading decisions.

Recommendations

For optimal performance, it is recommended to switch from the default fixed lot setting to the dynamic lot setting to safely compound the account as it grows. All other settings should be left on default to allow the system to function as intended.

Compatibility and Support

Golden Taipan FX is compatible with 2 and 3-digit gold symbols but is not applicable to cent accounts. For any questions or requests for future updates, please feel free to contact us. We are always here to support our customers and prospects.


İncelemeler 5
Jing2017 Neri
780
Jing2017 Neri 2024.07.24 00:09 
 

"I just tested this EA! 🌟 It works incredibly well, even in the most adverse market conditions of XAU. I haven't seen its REAL performance yet, but I will send more feedback later."

220072256
3896
220072256 2024.07.24 21:12 
 

Today 24 July 2024

2 operations:

A first operation at a loss of 23 euros and a second in profit of 91 euros (Lots 0.1)

One of the best Expert Advisor on MQL5 Market.

Profitable and very dynamic with trailing to limit the losses,and maximize profits !!!!

Compliment to the Author who created this masterpiece !!!

Update 3 August 2024

In the last 10 days (25 July -2 august) this EA has had some stop loss

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Bu fiyata sadece 2 fotokopi makinesi kaldı, bir sonraki fiyat $993 Canlı sonuçları buradan kontrol edebilirsiniz: $50K Kişisel sinyal: [Buraya Tıklayın] Prop firması canlı sinyal: [Buraya Tıklayın] MT4 versiyonu burada: [Buraya Tıklayın] Quantum Algo Trading MT5 EA'ya hoş geldiniz. Bu EA, sadece mekanik bir sistemden daha fazlası olacak şekilde tasarlandı; ticaret ve programlama alanında 13 yıldan fazla deneyime sahip biri tarafından optimize edilmiş bir algoritma ile kırılma sisteminden ya
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Mansour Babasafary
4.38 (13)
Several experts in one expert With this expert, you can use several up-to-date strategies Enhanced with artificial intelligence Can be used in several popular forex currencies Can be used in the most popular forex time frames Without using high-risk strategies Attributes : Can be used in the EURUSD , GBPUSD , USDCHF , AUDUSD , USDCAD , NZDUSD  currency pairs Can be used in M30 , H1 , H4 , D1 time frames Has profit limit and loss limit Without using risky strategies like martingale or hedg
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Signal Account  (running 0.75% Balance Risk) If you need MT4 version or can't afford renting/purchasing contact me for alternative solution. If you'd like to purchase multiple EAs (minimum 2 EAs of your choice) as a custom package contact me for 10% special discount for the package. Also contact me for additional discount options. Join  Nexus Community Public Chat This EA is part of   Nexus Portfolio  - the most long term stable EA in mql5 market.  Starting price: $1600, current price $2400, ne
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Profalgo Limited
4.18 (11)
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Jarmin Jamike Ugorji
5 (1)
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Guillaume Duportal
4.92 (39)
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Marzena Maria Szmit
4.47 (58)
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Stanislav Tomilov
4.26 (27)
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Marzena Maria Szmit
4.83 (47)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
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Marzena Maria Szmit
4.36 (36)
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Mansour Babasafary
4.46 (50)
3 experts in 1 expert Strategy based on price action Made specifically for the best forex currency pairs Can be used in the best time frame of the market at a very reasonable price This expert is basically 3 different experts. But we have combined these 3 experts in 1 expert so that you can use 3 experts at the lowest price. All three strategies are based on price action. But based on different trends. Long term, medium term and short term Attributes : Can be used in the EURUSD , AUDUS
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Babak Alamdar
3.91 (35)
Bir backtest değil, gerçek bir ticaret sistemi satın alın Bu fiyat promosyon süresince geçicidir ve kısa sürede artırılacaktır. 1 EA'yı ücretsiz alın -> satın aldıktan sonra benimle iletişime geçin  Şu anki fiyatla sadece birkaç kopya kaldı, sonraki fiyat -->> 1480 $ Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Bu, XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD ve XAUCNH gibi tam çiftlerle altın veya XAU ticareti yapan ilk en akıllı robottur! Her gün haberleri kontrol ediy
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Bogdan Ion Puscasu
4.67 (21)
Quantum Wizard, S&P500 (US500) ticareti için gelişmiş bir Uzman Danışmandır ve   en yüksek performans için tasarlanmış gelişmiş bir ızgara sistemi ve gelişmiş para yönetimi   kullanır. 2 yıldan fazla bir süredir geliştirilme aşamasındadır ve en son güncelleme bu yıl gelecektir. Artık portföyünüzü endeks ticaretiyle çeşitlendirebilirsiniz. Quantum Wizard'ın kurulumu çok basittir; herhangi bir zaman diliminde US500'e varsayılan ayarlarla kurulması yeterlidir. Londra ve New York borsası zamanl
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Babak Alamdar
4.13 (8)
Yeni enstrümanlarla işlemlerinizi çeşitlendirin, portföyünüz güçlensin    Live Signal Bu fiyat promosyon süresince geçicidir ve kısa sürede artırılacaktır. Nihai Fiyat: 5000 $  Şu anki fiyatla sadece birkaç kopya kaldı, sonraki fiyat -->> 745 $ Welcome to the SilverPulse AI Hey, I'm SilverPulse AI! Bu, XAGUSD, XAGEUR ve XAGAUD gibi tam çiftlerle Gümüş veya XAG ticareti yapan ilk en akıllı robottur! Her gün haberleri kontrol ediyorum ve teknik, temel ve duygusal onayı olan her fırsattan ya
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Michael Prescott Burney
3 (2)
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Michael Prescott Burney
5 (4)
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Michael Prescott Burney
4 (2)
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Michael Prescott Burney
5 (2)
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Michael Prescott Burney
5 (1)
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Michael Prescott Burney
5 (4)
Turbulence FX, now meticulously tailored for the high-stakes world of prop firm trading, especially on the GBPUSD M15 chart, emerges as a sophisticated Expert Advisor (EA). It's a product of intense market research and strategy development, designed to navigate the complexities of forex trading with a focus on reliability and precision, crucial for success in prop firm environments. The Journey to Prop Firm Perfection Extensive Market Analysis : The development of Turbulence FX is based on a th
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Michael Prescott Burney
5 (2)
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Asunder XT
Michael Prescott Burney
Introducing Asunder XT: The Ultimate Forex Trading System for the EURUSD H1 Chart  SLASHED PRICES ON THE NEXT 5 COPIES ONLY!!! THESE WILL GO QUICKLY!!!  ONLY 50 COPIES WILL BE SOLD BEFORE ITS MADE EXCLUSIVE TO THE 50 BUYERS ONLY!!! GET YOURS NOW!!! SET FILES ARE LOCATED IN THE COMMENTS SECTION OF THE MARKET LISTING!! In the fast-paced world of forex trading, the Asunder XT stands as a beacon of innovation and success. Designed specifically for the EURUSD H1 chart, this powerful Expert Advisor em
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Michael Prescott Burney
4.5 (2)
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Michael Prescott Burney
5 (3)
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Echo FX
Michael Prescott Burney
For the next 72 hours when you buy ECHO FX You will also get Knox Fx or world's FX absolutely free!!! get it while the deal lasts!!! Echo FX Expert Advisor for GBPUSD H1 Chart Only 10 copies left at $100 before the price doubles!!! Introducing Echo FX, an advanced Expert Advisor (EA) with a laser focus on the GBPUSD H1 chart, designed to dominate with a trifecta of trading strategies: trend-following, scalping, and hedging. This formidable EA is your trading partner, fine-tuned to the past year'
Deep Purple XT
Michael Prescott Burney
Discover Deep Purple XT: A Trading Revolution for GBPUSD on the M15 Chart ONLY 47 COPIES ARE AVAILABLE!! PRICE IS 90 FOR THE NEXT 5 COPIES!!! GRAB YOURS TODAY!! MESSAGE AFTER PURCHASE FOR ANOTHER FREE SYSTEM OF YOUR CHOICE!!! SETS ARE LOCATED IN THE COMMENTS SECTION OF THE MARKET PAGE! (LOWEST RISK SET RECOMMENDED STARTING OUT!) Are you ready to transform your trading with a system that has turned $500 into $1,000,000 in just 365 days? Deep Purple XT is not just a trading system; it's your new t
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Michael Prescott Burney
5 (1)
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Amnesia FX
Michael Prescott Burney
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Michael Prescott Burney
5 (2)
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Michael Prescott Burney
5 (1)
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Tropic Funder EA
Michael Prescott Burney
HUGE ANNOUNCEMENT!!! With the purchase of Tropic Funder EA, you can obtain my Boxer Pro trading indicator FREE! Message me after purchase and I will send you a restriction-free copy of Boxer Pro indicator, as well as give you the ability to obtain the all-new, unannounced Boxer Ultimate EA absolutely FREE as well! That's two amazing new highly anticipated systems unreleased to the public until now, ABSOLUTELY FREE!!! Introducing Tropic Funder EA for GBPUSD H1 A groundbreaking trading system val
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Michael Prescott Burney
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Michael Prescott Burney
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Michael Prescott Burney
3 (2)
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Michael Prescott Burney
5 (3)
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Michael Prescott Burney
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Michael Prescott Burney
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Michael Prescott Burney
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Michael Prescott Burney
4 (1)
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Michael Prescott Burney
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Michael Prescott Burney
5 (1)
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Michael Prescott Burney
UPDATED AS OF 3.19.2024 WITH NEW QUALITY CONTROL UPDATE FOR PERFORMANCE VALIDATION! 4 MORE COPIES LEFT AT 60.00 THEN THE PRICE GOES TO 120.00 SECURE YOUR COPY WHILE THE PRICE IS LOWEST! Introducing SHRED FX, the expert advisor designed for the CADJPY H1 chart that has meticulously carved its niche in the trading world. From March 2021 to March 2024, SHRED FX's algorithm demonstrated an extraordinary ability to capture market momentum, amassing an impressive $11,700.00 net profit from a $3,000 b
Filtrele:
Tung Mai Thanh
156
Tung Mai Thanh 2024.08.04 03:52 
 

Test results are not the same as reality. Be careful before buying it

Michael Prescott Burney
23485
Geliştiriciden yanıt Michael Prescott Burney 2024.08.04 04:09
thank you for the feedback Tung Mai Thanh, I have done a very extensive update to the system and took a magnifying glass to the algorithm to fix a handful of bugs effecting the real performance. i hope next week will change your mind about the systems performance. I am here for all of you, and strive to provide only the best. Please take the time to analyze and operate the newly updated taipan this week and report back on the performance of the system! I have high hopes for an impressed Tung Mai Thanh at the end of next week!!! Thanks again :D
florinnaparca100
311
florinnaparca100 2024.08.02 15:37 
 

After every update the backtest look amazing.But in live trading the EA hit stop loss after stop loss.No profit in the last week,still to early to draw a conclusion,but I suspect this is another history reader EA,with amazing backtest and awful live trading

Michael Prescott Burney
23485
Geliştiriciden yanıt Michael Prescott Burney 2024.08.04 03:28
the back tests and live trading will mirror each other with the new update. i am greatly sorry for your dissatisfaction with the previous update. I have fixed several flaws and made the system much more reliable and consistent in hopes to provide the system you wanted at purchase. Thank you for the feedback on Golden Taipan i am working hard every day to bring only the best to the community and i wont rest until i have done just that! Please return to update the review after you have analyzed the newest update further to provide the community with guidance in purchasing the right system for them! I appreciate you very much and look forward to the upcoming week and what it will bring for Golden Taipan! :D
220072256
3896
220072256 2024.07.24 21:12 
 

Today 24 July 2024

2 operations:

A first operation at a loss of 23 euros and a second in profit of 91 euros (Lots 0.1)

One of the best Expert Advisor on MQL5 Market.

Profitable and very dynamic with trailing to limit the losses,and maximize profits !!!!

Compliment to the Author who created this masterpiece !!!

Update 3 August 2024

In the last 10 days (25 July -2 august) this EA has had some stop loss

Michael Prescott Burney
23485
Geliştiriciden yanıt Michael Prescott Burney 2024.08.04 03:25
thank you for continuing to update the review for the community! I strive to offer the best and know that with new projects there will be improvements needing to be made. with the most recent update i am confident the system will mirror the performance proclaimed in the description with highly accurate back tests and improvements made while simplifying the algorithm to provide the most transparent performance between back tests and live trading. Thank you for your feedback it helps me greatly to improve the systems i offer and provide the best trading experience possible in the gold market! I look forward to the coming week. :D
Jing2017 Neri
780
Jing2017 Neri 2024.07.24 00:09 
 

"I just tested this EA! 🌟 It works incredibly well, even in the most adverse market conditions of XAU. I haven't seen its REAL performance yet, but I will send more feedback later."

Michael Prescott Burney
23485
Geliştiriciden yanıt Michael Prescott Burney 2024.08.04 03:33
your patience with my Golden Taipan is exemplary to say the least knowing last week was not the best after the update previously done, I have returned to the drawing board for this newest update for Golden Taipan! I have confidence in the most recent version of the system updated today and look forward to the update to the review after you have had time to analyze the performance on your account! Thank you for your kindness and commitment to the system. as i have said new products often have minor flaws that show themselves in time. its my job to be on top of them and handle them accordingly to keep the system the best it can be for you all! i strive to only bring the best and i believe i have done just that with the most recent adaptation to the algorithm!
Extoflex
189
Extoflex 2024.07.22 08:39 
 

Leider muss ich meine gute Bewertung entfernen... Ich habe mir sehr viel mehr erhofft...backtest entsprechen nicht mal annähernd den live Resultaten

Michael Prescott Burney
23485
Geliştiriciden yanıt Michael Prescott Burney 2024.08.04 03:12
I Have made substantial adjustments and simplified the system to better align with back tests including an extensive training set with high quality data and more robustness. You will find more stable performance in line with what you were expecting with the system this coming week. numerous fixes have been made and will bring much better performance than previous versions. Thank you for your feedback Extoflex, i appreciate all the time you spend analyzing the system it helps out a lot!
İncelemeye yanıt
Sürüm 500.99 2024.08.04
AIMED TO FIX NEWLY FOUND ISSUES IN THE TIMEZONE OFFSET WHICH IS NOW DONE AUTOMATICALLY
EXCLUDED WFO FOR THIS UPDATE SO I CAN REFINE THE PROCESS AND MAKE IT MORE EFFECTIVE
SYSTEM HAS BEEN TRAINED ON A MORE EXTENSIVE DATA SET WITH HIGHER QUALITY DATA
1:2 RR ON EVERY POSITION
REMOVED THE TRAILING TO ADD CONSISTENCY IN TRADES
ADDED A MORE CONSERVATIVE ACCURATE APPROACH TO TRADE ENTRIES
SIMPLIFIED THE AESTHETICS AND SIZE OF THE PANEL FOR 1920X1080 SCREENS
SYSTEM DEFAULTS TO ONE POSITION AT A TIME TO EXCLUDE UNWANTED HEDGES
500 POINT SL AND 1000 POINT TP WITH A FIXED STOP FOR MORE ACCURATE BACK TESTING AND PERFORMANCE ANALYSIS THAT IS STRAIGHTFORWARD
OVERALL MY AIM WAS TO PROVIDE THE TRANSPARENCY AND PERFORMANCE I PROMISED FROM THE START!!!
THANK YOU EVERYONE!!! LETS MAKE THIS TRADING WEEK THE BEST TRADING WEEK OF THE YEAR!!!
Sürüm 198.6 2024.08.01
drastically enhanced robustness
back test now further aligns with live trading across all brokers
enhanced trading frequency
newly validated SL and TP set for each strategy
all new strategies have their own trailing validated on 15 brokers to be effective
178 strategies widely compatible with all brokers
works on 2 and 3 digit gold
enhanced system transparency
Sürüm 167.0 2024.07.29
Removed Risk Percentage Function
Added a Dynamic lot input in place of risk percentage
added the ability to change the preference for trade direction
added improved strategies to the index
added the session time inputs in hours instead of seconds for easier adjustments