Gold Wave EA V2.50 is an advanced automated trading system built exclusively for XAUUSD (Gold) on MetaTrader 5. Unlike conventional robots that rely on static indicators, this EA uses AI-assisted adaptive logic combined with a real-time news filter (WebRequest) to evaluate market context before opening any trade. It does not chase every price movement; instead, it patiently waits for high-quality setups. The EA strictly avoids dangerous strategies like Martingale, Grid, or averaging down, making it a safer choice for traders who prioritize capital preservation over aggressive, high-frequency trading.

Key Features

🤖 AI-Assisted Adaptive Logic – Adjusts entry criteria based on current volatility and market behavior
📰 Real-Time News Filter – Automatically blocks trading during high-impact news events (NFPs, FOMC, CPI)
🛡️ No Grid or Martingale – Each trade is independent with fixed Stop Loss protection
📊 Dynamic Risk Management – Uses daily loss limits and max drawdown controls, ideal for prop firm challenges
⏰ Time Filtering – Allows customization of active trading hours to avoid low liquidity periods
📈 Visual Dashboard – On-chart display showing spread, profit, and real-time EA status
⚙️ Dual Lot Calculation – Supports both fixed lot sizes and percentage-based risk models

Recommended Settings

📌 Pair: XAUUSD (Gold) – exclusively designed for gold
⏱️ Timeframe: M1 (1-Minute) – for early market change detection
💰 Minimum Deposit: $500
⚡ Leverage: 1:100 or higher (1:500 recommended)
🎲 Risk per Trade: 1-2% (default settings recommended for beginners)

Advantages

✅ No hidden risks – No grid, no martingale, no averaging down
✅ Transparent logic – Developer openly acknowledges backtest limitations
✅ Prop firm ready – Built-in daily drawdown and loss limits
✅ Disciplined trading – Prioritizes market quality over trade frequency
✅ Live market focus – Emphasizes forward performance over curve-fitted backtests

Disadvantages

❌ Low trade frequency – May remain idle for days during uncertain market conditions
❌ Cannot be accurately backtested – WebRequest news filter does not work in Strategy Tester
❌ Gold-only EA – Not suitable for other instruments like EURUSD or BTCUSD
❌ Requires patience – Not ideal for traders seeking instant, constant action

Support & Disclaimer

Support

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

WhatsApp: Click here

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.