Goldex AI MT5 V1.8 with Setfiles

Goldex AI MT5 Introduction

Goldex AI MT5 is an AI-powered Expert Advisor that specializes exclusively in XAUUSD (Gold) trading, utilizing neural network algorithms to identify breakout opportunities during the New York session. The EA achieved 114.23% growth over 27 weeks in live trading, though with a significant 47% maximum drawdown.

• Vender website: View here

About the Goldex AI MT5’s Author

Mateo Perez Perez developed this EA with over one year of experience on the MQL5 platform. Goldex AI MT5 is positioned as his best-performing product, focusing specifically on automated gold trading solutions.

Key Findings

• AI-Driven Gold Specialist: Uses neural networks to analyze XAUUSD price action and trend patterns, specifically targeting support and resistance breakouts during high-volatility New York session trading hours

• Core Strategy: Employs breakout methodology combined with Smart News Filter and Smart Trend Filter to avoid unfavorable market conditions, executing trades when AI confirms breakout signals on M5 timeframe

• Recovery System: Features a “Smart Recovery Strategy” that increases lot size by factor of 5.0 after losses (contradicting vendor’s “no risky strategies” claim) – users can disable this by setting factor to 1.0 for safer trading

• Live Performance vs Backtests: Live results show 114.23% gain with 87.1% win rate but 47% maximum drawdown, while backtests display unrealistic 99.90% win rates and minimal drawdowns that appear curve-fitted

• Risk Management Features: Includes fixed stop loss/take profit at 500 points, trailing stop functionality, automatic position closure at 22:00, and intelligent filtering systems to reduce exposure during news events

• Performance Transparency: Real trading data reveals high-risk/high-reward profile with substantial drawdown periods, requiring significant capital buffer and risk tolerance for effective deployment

Goldex AI MT5 Recommended Setup

• Trading Platform: MetaTrader 5 (MT5) exclusively
• Currency Pair: XAUUSD (Gold) only – specifically optimized for gold market dynamics
• Timeframe: M5 (5-minute charts) – recommended for optimal signal detection
• Trading Session: New York session focus with automatic closure at 22:00 GMT
• Leverage: 1:500 recommended by vendor – higher leverage amplifies both potential profits and losses significantly
• Minimum Deposit: $200 stated minimum – $500-1000+ advisable for better risk management given 47% drawdown potential
• Account Type: ECN accounts preferred for optimal spread conditions during gold trading

Quick-Start Parameter Guide

Risk Management
• LotSize (0.01): Base position size – start conservatively
• Lot increase factor after loss (5.0): High-risk martingale multiplier – set to 1.0 to disable recovery system
• MaxLotSize (100.0): Position size ceiling for protection

Trade Management
• Take Profit (500): Fixed profit target in points
• Stop Loss (500): Fixed loss limit per trade
• Trailing Start (90): Points before trailing stop activates
• Trailing Stop (50): Trailing distance in points

Smart Filtering
• Smart News Filter: Avoids high-impact news events – enable for live trading
• Smart Trend Filter: Reduces counter-trend trades – recommended for live accounts
• Close all orders at Time (22:00): Automatic daily position closure

Review of Goldex AI MT5

Goldex AI MT5 delivers impressive 114% live gains through AI-powered gold trading but requires high risk tolerance due to 47% drawdown exposure. Best suited for experienced traders with substantial capital who understand martingale-style recovery risks and can manage aggressive drawdown periods effectively.

Live Results Snapshot:
• Growth: +114.23% over 27 weeks
• Win Rate: 87.1% (strong hit rate)
• Maximum Drawdown: 47% (substantial risk exposure requiring adequate capital buffer)

Backtest Analysis:
• Claims 99.90% win rate with <2% drawdown appear unrealistic and curve-fitted

• Massive discrepancy between two backtest profit figures ($11K vs $14M) raises reliability concerns

Is Goldex AI MT5 the Right Choice For You?

• AI-Powered Gold Specialization: Leverages neural networks for XAUUSD analysis providing potential edge in volatile gold markets – requires understanding that AI predictions aren’t guaranteed and drawdown periods can be severe

• Verified Live Performance: Demonstrates real 114% growth over 27 weeks with transparent results – comes with 47% maximum drawdown requiring substantial risk capital and emotional resilience

• Intelligent Filtering Systems: Smart News and Trend filters help avoid unfavorable market conditions – effectiveness depends on proper configuration and may still miss some market volatility spikes

• Customizable Risk Control: Recovery system can be disabled by setting lot multiplier to 1.0 for conservative approach – default high-risk settings contradict vendor’s “safe strategy” marketing claims

• Session-Focused Strategy: Targets high-volatility New York session for optimal gold trading opportunities – limited to specific time windows and single instrument, reducing diversification

Final Verdict

Goldex AI MT5 offers legitimate profit potential through specialized AI-driven gold trading but carries substantial drawdown risks requiring experienced risk management. Ideal for aggressive traders with significant capital buffers; conservative investors should seek lower-risk alternatives.

Goldex AI MT5 Download Contents:

• Link download experts:
  • Goldex AI MT5.ex5
• Presets:
  • Goldex AI – Manual.pdf
  • Goldex AI Very low risk.set
  • Goldex AI High risk.set
  • Goldex AI Mid risk.set