Introduction

Wow EA V2.97 MT5 is a MetaTrader 5 Expert Advisor designed for automated trading on XAUUSD. It uses a combination of the author’s indicators, levels and price action. The system places only one order at a time and always applies a fixed stop-loss and take-profit with a 1:3 risk-reward ratio. No martingale or high-risk recovery methods are used.

Key Features

Works exclusively on XAUUSD
Designed for the M1 timeframe
Based on author’s indicators, levels and price action
Maximum of 1 open order at a time
Fixed Stop Loss of 1000 points
Fixed Take Profit of 3000 points
Risk-reward ratio of 1:3
No martingale or dangerous trading methods
Stop-loss and take-profit attached to every position
Easy to install
VPS highly recommended

Recommended Settings

Pair: XAUUSD
Timeframe: M1
Stop Loss: 1000
Take Profit: 3000
Maximum Orders: 1
Minimum recommended deposit: $100 (better $500)
Leverage: 1:500
Broker: Any broker with low spread preferred
Account type: Any

Advantages

Fully automated trading on gold
Strict single-order rule reduces over-trading
Fixed risk-reward ratio of 1:3
Mandatory stop-loss and take-profit on every trade
No martingale or recovery systems
Simple installation process
Works with most brokers (low-spread preferred)

Disadvantages

Limited to XAUUSD only
Operates on the noisy M1 timeframe
Fixed point-based stops may not suit all market conditions
Requires a reliable VPS for continuous operation
Proprietary indicator logic is not fully transparent
Performance depends on broker spreads and execution quality
Historical results do not guarantee future performance

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.

Wow EA V2.97 MT5

Description