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Seller price: $399
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Gold Alpha MT51.0
Seller claims
grid no · martingale no · SL yes
EALegit summary — unaudited listing
Gold Alpha MT5 is a single-strategy expert advisor for MetaTrader 5 that trades XAUUSD (gold) using a liquidity sweep / swing failure pattern. It tracks the high and low of the last 24 H1 candles, waits for price to break an extreme and then close back inside the range, and enters in the opposite direction with 5 split positions. Each signal uses a fixed stop loss (100 points) and a large fixed take profit (5,000 points, roughly 1:50 reward-to-risk), with risk-based lot sizing scaled to balance. The seller states it uses no grid, martingale, averaging, or hedging logic, and notes the design implies a low win rate with long losing streaks and potentially large drawdowns.
Lab results
No lab results. The seller's backtest has not been reproduced.