In this post I will review the Gold Elevate EA forex robot for trading gold (XAUUSD) on the MetaTrader 4 (mt4) forex trading platform. As the Gold Elevate EA is a fully automated forex trading system you simply set it up within 15 minutes on your mt4 trading platform using the instruction guide provided and let it do all of the trading for you. At the time of me writing this review, the Gold Elevate EA has a verified FX Blue real trading account showing a decent gain of around 40% with a monthly gain around 20% with minimal drawdowns.
Gold Elevate EA Trading Strategy
The Gold Elevate EA is specifically designed to trade gold on the mt4 trading platform, it is a fully automated forex trading strategy requiring no manual trading on the trader’s part and thus is suitable for novice and advanced traders. For the best possible trading results and to save on trading costs, ensure that you are using a reputable ECN forex broker which will give you low spreads, fast execution with minimal slippage and competitive trade commissions. A good forex broker can mean the difference between a winning and losing forex trading system. The Gold Elevate EA does all of the trade analysis and money management for you, just ensure that you set a suitable lot size which you are happy with and only risk what you can afford to lose as trading will always carry an element of risk. Some of the Gold Elevate EA features include:
- Risk/Reward Stabilizing System
- MPMIS – Multi-Indicator System
- Supply/Demand Price Predictor
- Auto-Adaptive Profit-Trade Technology™
- Super-Accurate ‘80-100%’ Leading Signals!
Gold Elevate EA Back Testing
There are no back tests on the Gold Elevate EA official website but we do have real verified FX Blue account to assist with judging it’s performance over a sustained period of time on real account conditions.
Gold Elevate EA Live Results
Gold Elevate EA Summary
Overall, the Gold Elevate EA has potential although the developer provides little details about the strategy incorporated for trading the XAUUSD (gold). However, from the statistics so far, the Gold Elevate EA seems to have good potential and does include full support, instructions, update and a money back guarantee. You may wish to start with it on a demo account to begin with just keep in mind that demo trading conditions can differentiate greatly from real trading conditions due to price feeds.