At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
-
- Trading Robots
- Metatrader 4
- Automated Trading
- Golden Lab
Golden Lab
Easy Rating: 5/2
MQL Rating: 5/3
Type:
Live
Leverage:
100
Deposit:
2684$
Balance:
2892.52$
Profit:
208.52$
Withdrawal:
0$
Update: 11 Nov 2024
12000
4273.52
Live
FusionMarkets-Live
18 Nov 2024, 06:24
E
NotifyMe for MT5
reviewed by Elias von Kohler
I'm thoroughly impressed with NotifyMe for MT5! The trading system performs seamlessl...
G
Pivot Levels of Day Or Week Or Month
reviewed by George Desjardins
I've been using the Pivot Levels of Day Or Week Or Month system for a while now, and ...
G
History Data Export Recorder
reviewed by George Desjardins
As someone who takes strategy testing seriously, History Data Export Recorder has bee...
E
Shooting Star pattern mr
reviewed by Elias von Kohler
As a trader always on the lookout for reliable tools, the Shooting Star pattern tradi...
Overview
Ready to dive into the world of automated trading with a touch of alchemy? Golden Lab might just be your potion of choice. Developed by Vladimir Stepanov, this EA uses the TDI indicator to conjure buy and sell signals. But beware, its grid and martingale strategies can be as volatile as a wizard’s brew. With a rating of 5 and mixed reviews, it’s worth a shot but handle with care. FxRobotEasy brings you this review to help you navigate the labyrinth of trading strategies. Share your thoughts and grab the source code for a deeper dive!
Unveiling the Golden Lab: What Makes It Tick? 🧪
The Golden Lab EA, crafted by the ever-ingenious Vladimir Stepanov, is a masterclass in automated trading. Utilizing the Traders Dynamic Index (TDI) indicator, this EA combines the Relative Strength Index (RSI) and Simple Moving Average to generate its buy and sell signals. Picture this: when the green line crosses the 50 RSI level from the bottom to the top, it’s time to buy; when it crosses from the top to the bottom, it’s time to sell. Simple, right? But don’t let the simplicity fool you. This EA is designed for the M15 chart but truly shines on the H1 timeframe, providing more accurate signals. 🌟
Now, let’s talk strategy. The Golden Lab employs a grid and martingale approach, which means it opens multiple trades at different levels and increases the lot size after a loss to recover losses quickly. Sounds like a double-edged sword? It is. While this can amplify profits, it also ramps up the risk, making it crucial to use a broker that allows hedging. This is not your average “set it and forget it” EA; it demands a trader who understands the intricacies of forex trading and is prepared to manage risk effectively. For those daring enough to wield it, the Golden Lab offers a unique blend of automated precision and strategic depth. 🚀
Performance and User Feedback: Is It Worth the Hype? 🌟
Golden Lab has garnered a variety of reviews, with users like ‘georgedowse3’ and ‘Krystof Tyl’ singing its praises for ease of use and effectiveness, especially when paired with other indicators like Trend Chief. But let’s not get carried away by the glitter. The EA’s reliance on grid and martingale strategies means it’s not for the faint-hearted. These strategies can amplify profits but also magnify risks, making it essential to tread carefully. Always start with a demo account to get a feel for its quirks and potential pitfalls. 🎯
Despite its 5-star rating and positive feedback, don’t let the hype cloud your judgment. Remember, trading is not a get-rich-quick scheme. The Golden Lab can be a powerful tool in the right hands, but it demands respect and a solid understanding of forex trading. It’s not just about plugging it in and watching the money roll in. Be prepared for the rollercoaster ride that comes with grid and martingale strategies. If you’re up for the challenge, the Golden Lab could be your golden ticket. But if you’re looking for a safer bet, you might want to explore other options. 🚀
Golden Lab vs. The Competition: How Does It Stack Up? ⚔️
When it comes to automated trading systems, Golden Lab holds its ground with its unique TDI-based strategy. But how does it fare against the competition? Let’s pit it against some well-known contenders.
Golden Lab’s reliance on the Traders Dynamic Index (TDI) indicator sets it apart from other EAs like Golden Rabbit Pro and Golden Buzzer. These EAs may offer different approaches, but Golden Lab’s combination of RSI and Simple Moving Average for signal generation is quite unique. However, the grid and martingale strategies it employs can be a double-edged sword. While they can amplify profits, they also increase risk, making it crucial to use a broker that allows hedging. 🛡️
Now, let’s talk about the EASY Bots series, known for their high profitability and robust AI strategies. The EASY Scalperology and EASY Trendopedia bots are designed for different trading styles but share a common trait: they are more beginner-friendly compared to Golden Lab. EASY Scalperology, for instance, focuses on quick trades with minimal filtering, making it ideal for scalping. On the other hand, EASY Trendopedia uses advanced pattern recognition and real-time data analysis to identify trading opportunities, making it a more comprehensive tool for trend-following strategies. In contrast, Golden Lab requires more cautious handling and a solid understanding of forex trading to manage its inherent risks effectively. 📊
In summary, while Golden Lab offers a unique edge with its TDI-based strategy, it demands a more experienced hand due to its grid and martingale approach. For those who prefer a more straightforward, less risky trading experience, the EASY Bots series might be a better fit. But if you’re up for the challenge, Golden Lab could be your golden ticket to automated trading success. 🚀
Final Thoughts from FxRobotEasy Team: Your Trading Ally 🤝
At FxRobotEasy, our mission is to equip traders with the most effective tools and insights. Golden Lab, with its innovative use of the Traders Dynamic Index (TDI) indicator, offers a unique trading experience that stands out in the crowded market of automated trading systems. Its combination of RSI and Simple Moving Average for signal generation is both clever and efficient. However, its reliance on grid and martingale strategies means it requires careful management. This isn’t a set-it-and-forget-it EA; it demands a trader who understands the intricacies of forex trading and is prepared to manage risk effectively. 🌐
We encourage you to share your experiences with Golden Lab and download the source code for free to get a deeper understanding of its mechanics. Join our community for more trading signals, forex trading strategies, and discussions. We also offer a range of services, including forex forecasts, crypto and stock trading signals, and a forum where traders can share their insights. Our team has developed the highly profitable EASY Bot series, known for their robust AI strategies. While Golden Lab offers a unique edge, it’s essential to approach it with the right mindset and preparation. Happy trading! 🚀
Golden Lab
forexroboteasy.com
Write review
Miro Mathis
1 review
Consistent Profits with Golden Lab
I've been running Golden Lab EA and the results have been nothing short of impressive. It's a reliable performer across various currency pairs and metals, especially when paired with a solid trend indicator like Trend Chief. Highly satisfied with this trading system. Kudos!
Stefano Rossi
1 review
Impressive and User-Friendly Strategy
I found the strategy incredibly straightforward to grasp. It utilizes the widely recognized TDI indicator. This EA is fantastic! It performs excellently on default settings, particularly on M15 and H1 charts for those who prefer a more cautious trading approach.