GOLD Way is a comprehensive Forex software that is specifically optimized for the gold market. It is a fully automated system that supports trading in five pairs: XAUUSD, XAUEUR, XAUCHF, XAUAUD, and XAUGBP. This unique system provides an edge to traders with its unique mechanism that exploits vulnerabilities in the gold market, primarily during the evening trading sessions.
Trading Strategy and Performance
The GOLD Way algorithm performs its best during the quieter trading hours after 19:00. It uses a fixed stop-loss and employs virtual profit tracking for each trade. The system primarily operates on the XAUUSD H1 chart, using a strategy that independently determines the GMT of the broker. It also features a strong news filter and a market volatility filter for finding the most accurate market entries. The system’s virtual profit tracking capability helps mask the trading system’s behavior from the brokers, providing an additional layer of security.
Trading Optimization and Performance
GOLD Way has forward settings and optimization until 2022, and the current settings have been functional since December 2022. This continuity of trading with the current default settings ensures consistency and reliability. The settings have remained unchanged since the system’s inception, enhancing its reliability. For traders with less powerful computers, the system supports a 1OHLC mode for quicker but less accurate checks.
System Requirements and Recommendations
The system’s ability to trade on five currency pairs simultaneously may lead to a longer history loading time. The algorithm could also be sensitive to spread and slippage, so it’s recommended to use a good ICM/RAW/Pro/ECN broker. As the system constantly reads all the broker’s indicators, a 24/7 VPS is recommended. The system uses an adaptive lot size calculation, but with low leverage (1:30 and below), margin requirements on low equity accounts might pose issues. It’s advisable to check your broker’s trading tools in MT5 on Real Quotes to ensure compatibility.
Availability and Pricing
As of the last update, only 9 copies out of the initial 10 are available for purchase at a special Christmas sale price of $515, after which the price will increase to $975. The system also provides a guide for signal protection and optimization.
Frequently Asked Questions
What makes GOLD Way unique? GOLD Way is a fully automated, open, and multi-currency system optimized for the gold market. It exploits vulnerabilities in the gold market that manifest themselves in the evening, making it a unique trading tool.
What are the system requirements for GOLD Way? The system continually reads all the indicators of the broker, so it’s better to use VPS 24/7. For weak PCs, you can use 1OHLC mode to perform a quick (less accurate) check.
Is GOLD Way suitable for beginners? Yes, GOLD Way is a user-friendly forex software that can be used by both beginners and experienced traders. However, it’s advisable to understand the basics of forex trading and the gold market for optimal results.
For further information and independent testing of this product, visit the website forexroboteasy.com. Subscriptions for updates on the testing results of this product are also available. Users are encouraged to share their experiences of using this product for a more comprehensive and community-driven review.
Please note that this is an independent product review. The views and opinions expressed are entirely those of the author and do not necessarily reflect those of the product owner or manufacturer.
Write review