Forex Gold Investor is an EA that specializes in the XAUUSD pair.
This EA does not do typical grid & martingale or scalping. Therefore, the risk of account failure is low.
| Price | $297 |
| Lisence | 1 Real-Money Account Demo Accounts |
| Currency pair | XAUUSD |
| Terminal | MT4 / MT5 |
| Money back guarantee | 60 Day Money-Back Guarantee |
Live performance (forward test results) of Forex Gold Investor EA
There are periods when profits are stagnant. However, since we do not perform grid or martingale trades, it is natural that there will be periods of stagnation.
Trading strategy of Forex Gold Investor EA
This EA uses two different trading strategies.
Logic ①: Strategy to execute only buy trades
Logic ②: Strategy for trading by trend following
Each trading strategy is explained in detail below.
Logic ① of Forex Gold Investor EA
General EAs tend to have a clear entry point. For example, trading in the direction of the trend or entering on a breakout. Or trade against the trend, etc.
However, Forex Gold Investor EA logic ① always executes buy trades regardless of the direction of the market trend.
The trading method of this EA is unique and different from general EAs.
The vendor’s sales page states:
(Quote)
“We learned that there are set-times for buying and selling gold. We know the best times for making a trade. We’ve hard-wired this data into Forex GOLD Investor.”
“Forex GOLD Investor enters a trading position based on time and the best trading scenarios such as “buy on deep” and “buy on strong” impulse.”
The details of “buy on deep” and “buy on strong” described by the vendor are unclear, but there is probably a tendency to enter when market volatility is high.
In the MT4 trading history chart below, you can see how trades are executed after sudden market movements.
■XAUUSD (Logic ①) 5 minute Chart White=Buy entry Red=Sell entry
Also, in the MT4 trading history chart below, a buy trade was made after the market price fell sharply.
Logic 1 is to enter by buying even in a declining market.
■XAUUSD (Logic ①) 5 minute Chart White=Buy entry Red=Sell entry
In addition, logic ① has the characteristic of repeating buy trades.
In the MT4 trading history chart below, you can see that there are repeated buy trades.
There seems to be a clear separation between time for trading and time for not trading.
■XAUUSD (Logic ①) 15 minute Chart White=Buy entry Red=Sell entry
Stop loss and Take profit
Trading Logic ① executes a stop loss for each trade.
Although it may hold two long positions at the same time, it does not execute typical grid trades.
Stop loss and take profit values are not fixed and change depending on the situation.
Lot size
Logic ① may execute a trade with twice the lot size depending on the situation.
However, this is not a typical martingale. The lot size may be doubled whether the previous trade was a win or a loss.
Also, even if it loses consecutively, the lot size will not be increased by 4 times or 8 times.
In other words, the increase in lot size in logic 1 is not aimed at recovering from previous losses.
The following is an excerpt of the transaction history of logic ① of this EA.
It can be seen that even after a winning trade, the lot size is doubled.
In other words, logic ① does not use a general martingale.
Trading Logic ② of Forex Gold Investor EA
The second logic is to enter in the direction of the trend.
The MT4 trading history chart below shows that logic ② is entering in the trend direction.
■XAUUSD (Logic ②) 1 hour Chart White=Buy entry Red=Sell entry
Logic ② is to enter when the price reverses a little in the trending market.
The MT4 trading history chart below shows opening a short position when the price rises a little during a downtrend.
■XAUUSD (Logic ②) 1 hour Chart White=Buy entry Red=Sell entry
Take profit and stop loss
Take profits are often 100 to 300 pips.
On the other hand, the stop loss is often 1000-2000 pips.
The winning rate is high, but the stop loss is much larger than the take profit.
One losing trade erases the profits of several winning trades.
Lot size and position
Logic ② does not increase the lot size even after a losing trade.
In other words, the martingale method is not used.
Also, this does not use grid trading. It does not hold multiple positions at the same time.
Forex Gold Investor EA Advantages and Weaknesses
Logic ① involves executing consecutive buy trades.
If the price increases significantly, it gains a large profit.
On the other hand, if prices drop suddenly, there is a possibility of large losses all at once.
In the myfxbook balance curve below, a very large drawdown occurred in a short period of time in April 2024.
The MT4 trading history chart below shows the scene where this large drawdown occurred.
■XAUUSD (Logic ①) 15 minute Chart White=Buy entry Red=Sell entry
This EA executes a large number of buying trades while the price is rapidly falling, and most of them are losing trades.
Consecutive trades can lead to large profits in a short period of time, but they can also lead to large losses.
Backtest results of Forex Gold Investor EA
| Test start | 2004/6/11～ |
| Test end | 2022/04/26 |
| Operation period | 214months |
| Initial deposit | 1,000 |
| Operational lot size | Adjusted by balance |
| Final balance | 93,520 |
| Total net profit | 92,520 |
| Rate of return (overall) | 9352.0% |
| Monthly rate of return (compound interest) | 2.1% |
| Monthly rate of return (simple interest) | – |
| Relative drawdown | 41.8% |
| Maximum drawdown (amount) | 4,668 |
| Profit factor | 1.61 |
| Winning rate | 67.4% |
| Total trades | 6927 |
| Test start | 2004/6/11～ |
| Test end | 2022/02/28 |
| Operation period | 212months |
| Initial deposit | 1,000 |
| Operational lot size | Adjusted by balance |
| Final balance | 3,721,894 |
| Total net profit | 3,720,894 |
| Rate of return (overall) | 372189.4% |
| Monthly rate of return (compound interest) | 4.0% |
| Monthly rate of return (simple interest) | – |
| Relative drawdown | 22.2% |
| Maximum drawdown (amount) | 440,002 |
| Profit factor | 1.48 |
| Winning rate | 64.6% |
| Total trades | 5953 |
Backtesting was performed with two types of settings: “fixed lot” and “lot size adjustment according to balance.”
Both have been backtested for over 15 years.
It’s good that long-term backtesting is publicly available.
When setting the lot size to be adjusted according to the balance, the average monthly return is about 4% and the maximum drawdown is 22%. This is a good result.
The backtest results are excellent.
This is a good EA if the same result can be obtained in the forward test.
Vendor of Forex Gold Investor EA
Forex Gold Investor EA is sold by Fxautomater.
Fxautomater sells various EAs such as FOREX DIAMOND EA and WALLSTREET FOREX ROBOT.
They create EAs with low-risk trading logic that do not use grids or martingales.
This vendor implements special functions such as a broker spy module in the EA, and has development capabilities.
Forex Gold Investor EA also has a broker spying module.
This is a function that allows you to check the broker’s spread, slippage, execution speed, etc.
Although this EA is not a scalping EA, it targets a relatively small pips range, so the broker you use is important.
The functionality of this broker spy module will also work effectively for this EA.
Fxautomater is highly reliable as a vendor.
Conclusion of Forex Gold Investor EA
Good points of this EA
- Since grid trading and March Gale methods are not adopted, the risk per trade is limited.
- Long-term backtesting has been carried out, and forward testing has also shown good results.
- Continuous trading can result in large profits in a short period of time.
- Vendor is highly reliable.
Bad points of this EA
- There are periods when profits are stagnant.
- Consecutive trades can result in large losses in a short period of time.
Although we cannot expect surprisingly good results from this EA, it is a unique and good EA when evaluated comprehensively.
Forex Gold Investor EA [Official Page]
