FT Gold Robot MT5

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FT Gold Robot MT5 is yet another entrant in the crowded arena of forex trading robots, specifically designed for gold trading on the MetaTrader 5 platform. This bot touts itself as a cutting-edge solution, leveraging advanced neural network plugins like NeuroScanner Pro and NeuroTrend Predictor to analyze real-time data and predict market trends. However, despite its high-tech facade, skepticism is warranted. The robot claims to operate autonomously, performing 10 to 20 trades per month on the XAUUSD chart with a minimum capital requirement of $350 to $500. It boasts features like automatic money management, news filters, and max spread protection, but also has a penchant for losing more trades than it wins, banking instead on the magnitude of its wins to compensate. The promotional material is peppered with caveats—users are urged to backtest thoroughly, use specific brokers like ICMarkets, and even run the robot on demo accounts before going live. There's also a glaring disclaimer about the inherent risks of forex trading, and the lack of refunds from MQL5 and the seller. All these disclaimers and conditions make one wonder if the robot’s advanced algorithms are just elaborate window dressing for a high-risk, high-reward gamble【4:0†source】【4:1†source】【4:3†source】.