- February 3, 2024
- Posted by: Forex Wiki Team
- Category: Free Forex EA
Gold EA AI Review
Discover the cutting-edge technology behind One Gold EA AI, a revolutionary Expert Advisor that combines Artificial Intelligence with traditional technical analysis to predict and capitalize on market movements. This comprehensive guide delves into its features, mechanics, customization options, and the impressive results of backtesting and forward-testing.
The Power of One Gold EA AI:
Innovative Algorithm: Explore how One Gold EA AI employs a sophisticated algorithm that integrates AI and traditional technical analysis for precise market predictions.
Revolutionary Recovery Mode: Learn about the unique recovery mode that strategically closes losing positions by splitting entries into smaller trades, effectively using profits from other trades.
Trailing Pending Orders: Understand the mechanism that maximizes profits through trailing pending orders, a feature that sets this EA apart in the forex trading landscape.
Technical Specifications
Version: 1.1
Year of issue: 2024
Working pairs: XAUUSD(Gold)
Recommended timeframe: M5
Minimum Deposit: $1000
Average of account: 1:30 To 1:1000
Best Brokers List
Gold EA AI works with any broker and any type of account, but we recommend our clients use one of the top forex brokers listed below:
Neural Network Technology:
Recurrent Neural Networks (RNNs): Delve into the use of RNNs, specifically Long-Short-Term-Memory cells, trained with technical analysis data. Discover how these networks adapt to market dynamics for improved predictions.
Time Series Analysis: Learn why LSTM networks are ideal for time series analysis, considering both short- and long-term historical data to enhance the EA's forecasting capabilities.
Features of One Gold EA AI:
Quick Setup: Experience the convenience of adjusting risk levels with a single click, providing users with flexibility in managing their trades.
Trade Panel: Gain full control over trades, monitor EA performance, and receive forecasts, all through an intuitive trade panel.
ChatGPT Forecasts: Explore the integration of ChatGPT's live forecasts, allowing users to filter trades based on short-term, medium-term, and long-term predictions.
News Filter: Stay informed about financial events and filter trades during low, medium, or high-impact news events to make strategic decisions.
Fully Customizable: Understand the adaptability of the EA, enabling users to customize the trading strategy based on individual risk preferences.
Mechanics of One Gold EA AI:
Multi-Trade Strategy: Explore how the EA opens multiple smaller trades simultaneously, strategically closing losing positions with profits gained from additional trades.
Entry Mechanisms: Understand the use of pending buy and sell stop orders for initial positions and a new trailing pending order mechanism for recovery positions.
Take Profit and Stop Loss: Learn about the fixed or trailing Take Profit and Stop Loss for each position, providing a structured approach to risk management.
Currency Pairs, Timeframes, and Input Parameters:
Preferred Currency Pair: Discover why the network was trained on the XAUUSD (Gold) pair but allows experimentation with other currency pairs.
Timeframe Flexibility: Understand how the EA uses the M5 timeframe internally but is adaptable to any timeframe chart.
Input Parameters: Explore the various input parameters, including Quick Setup, Risk Mode, Lot Sizes, Batch Settings, Recovery Settings, Trade Settings, ChatGPT Filter Settings, News Filter Settings, and General Settings.
Backtest Results and Forward-Testing:
Rigorous Backtesting: Gain insights into the extensive backtesting performed between 01.01.2010 and 31.06.2023 on 100% history quality data.
Forward-Testing: Learn about the forward-testing carried out until October 2023, providing users with confidence in the EA's performance.
Backtest Replication: Understand how users can replicate backtest results, using recommended settings for symbol, timeframe, modeling, deposit, and leverage.
Conclusion:
In conclusion, One Gold EA AI emerges as a formidable tool for forex traders, combining the best of AI and technical analysis. With its innovative features, adaptability, and proven testing results, it stands as a promising choice for those seeking to enhance their trading strategies. Contact the developers directly to unlock additional information and extras, ensuring a personalized and successful trading experience.
Download Gold EA AI
Please try for at least a week an ICMarket demo account. Also, familiarize yourself with and understand how this free forex Tool works before using it on a live account.