Goldwave Ultra EA V5.3 MT5

INTRODUCTION

GoldWave Ultra EA V5.3 is an automated Expert Advisor for MetaTrader 4 and MetaTrader 5 designed specifically for XAUUSD (Gold). It uses AI-assisted adaptive decision logic to evaluate market conditions and open trades only when the setup meets its quality criteria. The system prioritizes selective entries, independent trade management, and capital protection rather than high trade frequency or recovery methods.

Key Features

• AI-assisted adaptive entry logic that evaluates the current market environment
• Designed exclusively for XAUUSD
• No grid trading
• No martingale
• No averaging down
• Operates with a single active position under normal conditions
• Adaptive Take Profit and Stop Loss management
• Real-time market and news filtering via WebRequest
• Configurable risk parameters
• Supports both MT4 and MT5
• Free updates for licensed users

Recommended Settings

• Pair: XAUUSD
• Timeframe: M1 (1-minute chart)
• Recommended minimum account balance: USD 500
• Broker type: Reputable ECN or RAW-spread broker with competitive gold spreads
• Risk settings: Start with the developer’s recommended optimized settings (provided after purchase)
• Note: Optimized parameters and full user manual are supplied via private message after purchase

Advantages

• Selective trading approach that avoids unnecessary exposure
• Clear rejection of high-risk recovery techniques (grid, martingale, averaging)
• Adaptive logic designed to respond to changing market conditions
• Works on both MT4 and MT5 platforms
• Focus on capital protection and long-term consistency
• Free updates and post-purchase support channel

Disadvantages

• Backtest results may differ from live performance because some functions rely on WebRequest, which is not fully supported in the Strategy Tester
• Trades only XAUUSD — not suitable for multi-pair trading
• May remain inactive during periods when market conditions do not meet its criteria
• Requires a stable broker with good gold execution and proper WebRequest configuration
• Full optimized settings are provided only after purchase
• Results vary depending on broker spreads, slippage, liquidity, and account conditions

Support & Disclaimer

Support:

If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:

Telegram Group: Join our community

Disclaimer:

Forex and gold trading involve risk. Past performance doesn’t guarantee future results. Always test robots on demo before live trading and use proper risk management.