EA Gold Stuff is an average trend based advisor that was released on MQL5. Alas, the devs didn’t care about writing a professional presentation. So, there are risks that the system won’t fit our expectations.
Vasiliy Strukov is a developer from Russia. There were sixteen products in the portfolio. Now, we have only nine. So, it looks like something went wrong.
Features
The presentation has various explanations of details, settings, risks, and others. Alas, there are not many of them.
- The system can execute orders on the terminal, making dirty work for us.
- The advisor was updated up to the 6 version.
- It focuses on trading a Gold pair.
- “The operation is based on opening orders using the Gold Stuff indicator, thus the EA works according to the “Trend Follow” strategy, which means following the trend.”
- The advisor allows us to choose a direction to trade.
- We can work with a Hedge strategy.
- There’s an inbuilt money management applied and can be turned on.
- It can calculate lot sizes for each order for us.
- We can customize SL and TP levels.
- There are trailing take profit and stop loss features.
- The system knows how to reduce drawdowns.
- We can customize it if we know how.
- There’s a magic number to make our orders.
- Trading can occur during the determined hours.
- We can customize max spreads, and max lot sizes.
How to start trading with EA Gold Stuff
The robot can be purchased for $149 for a single real account copy. The offer doesn’t include rental options. So, we are not allowed to give it a short-term try. We can download a demo copy of the system for free. The refund policy doesn’t support this deal.
Backtests
The robot was tested on the data from an unmentioned broker. The dev set an initial deposit at $10,000. It has turned into $1,406,123.80. The maximum drawdown was 15.26%. The system had a profit factor of 3.30 and the recovery factor of 2.48. It traded 2420 deals with an accuracy rate of 69% for short and 70% for long trading positions.
Verified trading results of EA Gold Stuff
This account was removed by the developer but we still have several screenshots of the system.
The robot worked on a demo account on RoboForex. The leverage was four times higher than it should be. The maximum drawdown was 1.3% when the max deposit load was 0.1%. The robot ran this account for four weeks. The absolute growth was 265.09%.
The growth chart showed high risk trading in the past.
When the system stopped working with high risk, the robot lost 5 out of 7 trades.
EA Gold Stuff closed 173 deals executed. The best trade was $7620 when the worst trade was much less -$195.72. The recovery factor was 58.98 when the profit factor was 41.86.
GBPUSD was the most traded pair with 66 orders, not mentioned Gold.
MQL5 watchdogs claimed that the system traded with high risks.
People feedback
People suggested we avoid this advisor as a dangerous trading solution.
Review summary
Advantages | Disadvantages |
A backtest report published | No risk advice given |
We have trading results provided | No money management advice provided |
The presentation is impossibly short | |
Trading results showed high risk trading | |
Negative testimonials written |
EA Gold Stuff is a system that works with high risks on the demo account. The advisor has increased lot sizes to the insane level, setting the account at high danger. This was mentioned by people in their testimonials. It looks odd that the devs decided to remove their trading account from MQL5. There are still a lot of questions about EA Gold Stuff and hope that the developer will fill in the blanks.