EA Gold Stuff MT5 Review: Top EA on MQL5 or SCAM???
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- Опубликовано: 29 ноя 2024
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In this video, I have reviewed the EA GOld Stuff MT5 Robot:
► it uses a grid martingale system which is risky
► using the set files provided by the developer to blow the account
► less-riskier approach might be better, but I do not recommend it
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I'm soooo surprised that someone experienced like you don't understand what MQL5 means by "Activations: 5".. it DOESN'T mean that only 5 People bought it, it actually means that you can install it 5 times, in 5 different computers, or if you change from one vps to another, for example, when installing it again, it uses another Activation, so that is why it comes with 5.. some MQL5 developers delivers products with 10000 activation which is super cool, I'm disappointed that you are spreading wrong information 😢
Thought the same thing myself!
lol XD!!!
he isn't skilled, he has probably never written a single line of code for an EA, so he doesn't know the process of uploading an EA to the MQL5 market. And even the EAs that he claims to be running with the aim of using them on live accounts, he probably has someone else setting them up and has no intention of using them on live accounts. He's running them just incase he's called out and also to get sponsorship deals with brokers, VPS providers, EA developers, course brokers and prop-firm challenge dealers.
I'm using it, in a quite different matter though, but the results matches my backtests - and I'm very happy with it. But... you need to undestand what "activations arem as you said there were only 5. That's not the amount of users buying it, it's the number of activations for the EA. It means that you can install it on 5 VPS/PC etc.
Hi Funch89, you are quite correct.
Thanks for the video, i almost jumped in to buy this one based on al the user reviews, thanks!
I bought this ea and blown my $5000 and it blew a another $3000 demo money account and now I have the ea siting as a white elephant. When you buy it, the developer will tell you to give more than 4 stars 🌟 and a positive review for another ea . That's why he has all those stars 🌟. After the account is blown we go back and give them the real review. It can blow your $100,000 account with a bad news within a twinkle of an eye.
Hi @Kingamos2012, sorry to hear about your losses, but thanks for the comment and letting the viewers know.
yes ,you are true
Thats because you dont use SL function on that Ea..😂
Hello, Could you compare the EA "Quantum Emperor MT5" with low priced EA "London Breakout MT5"? Thanks!
2:35 "some _huge_ drawdowns"
Yyyyeah, that ain't gonna fly for me.
Sir please suggest any low risk low profit ea with less drawdowns as per your experience ❤
Hi kunalchavan9177, check out the Waka Waka: ruclips.net/video/yW4sgKCOU4o/видео.html
You need to reduce the take profit to 20 on m15 and the bot won’t blow up accounts anymore
Backtesting in the strategy tester is worthless as the scammers know how to include in the code the symbols history so the EA knows where to take trades, that's why you see the holy grail equity curves they post, the only way to know if the EA works is forward testing in a live account.
Agreed 100%. We always backtest to get an idea of past performance, but as I've said in many video, I trust no one, and always test the EAs myself
Can you review space x gold pro and space x trader pro. What is the best settings to use
Those are very bad
EA works fine. Not recommend for beginner traders. If you can understand price action and know when to cut a loser EA is a money printing machine. Never to be used in hands off mode. Apply to m1 between news events, in line with the trend and works well
hi bro, i am new and i am using this ea ,but i am losing,do you have a good idea ?thx
@mrbondsbody Im newbie, if i use the news filter the ea have it will works fine?
Do you mind to review "Neuron Net GOLD" in Mql5 market?
Hi Petko. Could you have a look at EA Mood by the same developer. According to my backtests it is more stable than Gold Stuff. Also this guy seems to increase and decrease his prices on a daily basis.
Will do
@@PetkoAleksandrov Sorry was looking at the wrong EA. My backtest for Mood shows it is very similar to Gold Stuff!
would you or could you review ai neuronx ea please , thank you for your work .
HI Petko, please help in building one single EA which can do scalpng And no GRID, NO Martingale, single order EA for Gold
That is the holy grail my friend..
Can check out black dragon EA?
you should review Silver stuff of the same creator
Hi, can you test de Heart Of Gold Ea from Milli Efx?
Can you make a backtest with max2or 3 lots setting? 100lot settings max is very crazy :-)
You can do a backtest with any size lot that you like. Simply select it when preparing the backtest in MetaTrader Strategy Tester
Hi can you please test EA HEART OF GOLD MT5 V1.01 GOLD
Would love to see more about king robot
Hi Stavrosg76, you're in luck :-). I will be recording more videos in the future with my live results.
Its 30$ now
Thanks
surprise, i still make profit with this EA :))
Congratz! You used a different set file sir and on what fx pair and timeframe? Thank you
Still waiting for the best Gold EA to use
Check bushra gold trading robot..this is not sponsoring i just suggest
Hi @saifhulayyel9814, check out the Golden Pickaxe review I did. Here's a link to the video: ruclips.net/video/jfRWqe7qDtQ/видео.html
@@PetkoAleksandrov I already check pickaxe in the tester and the number of operations is incredibly low, the profits are very low. Am I doing something wrong? Thankyou
Grid EAs just blow the accounts and dont make much money
Hi Stavrosg76, that's not necessarily true. If you trade high risk settings, then the chances of blowing your account are high. However, with low risk settings on the Waka Waka EA for example, you're much safer. In fact, the Waka Waka has broken, and continues to hold the world record as the EA with the most months on profit. www.myfxbook.com/members/MischenkoValeria/waka-waka-ea/8379251
Yes but doesnt make much % per month. I consider a good ea safely making at least 10% per month. Waka waka cant do that
здравей мога ли да се свържа с теб в някоя социална мрежа имам няколко въпроса по името ти виждам че си българин ще ми е много приятно да контактувам с теб!
Здравейте denislavatanasov3885, Можете да се свържете с нас чрез всяка наша социална медийна платформа или имейл адрес. подробностите са в описанието на видеото
Nice
I start think many ea's are martingale grid systems. High risk and very low jumps on balance on up.
Hi LukaszAdams, yes, many EAs are based on the Martingale system. They are risky, but can be quite profitable if managed correctly.
how? how do you manage a martingale EA@@PetkoAleksandrov
@@spartanrules9935 capital management and not too many frequent trades a trend. the most profital moment is when the trend reverse and the bot places an order on time.
This will kill your account dont use it!!!!!!!!!!!!
If you watched the video until the end you would know that this was my conclusion as well :)
Thanks... so to make it short :D Don't buy it
Hi hoffmann5758, I review the EAs based on my own criteria. At the end of the day, the choice is yours. Test it on a demo account, and see what your results are. Then you make an informed decision.
Can you please try and review Bushra gold trading robot? This is gold robot with news filter which im using and it made me 1k$ in 1 month using 0.03 lot size..also loving your videos😀
On how much account size are you using the EA?
Every 250-300$ more you have you can increas by 0.01 for realy safe trading