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Gold M Stops Review

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Gold M Stops

Good M Stops is a robot that works with the orders on the Forex market. The advisor was released on the popular platform—MQL5. We have decided to check its parameters, settings, and trading possibilities.

The system was designed around price moving market actions. So, it measures the right direction of the move and the strength.

What is behind Gold M Stops?

There are various details about the system explained. So, we systemized them in the following list.

  • It’s possible to trade absolutely automatically with this solution.
  • The developers will increase pricing from $600 to $750, or even higher.
  • We have a few copies left of the system.
  • If we have proper experience in customization, we can trade other pairs.
  • Each entry point is calculated, using an advanced input filter based on the analysis of the movement of the price chart.
  • It prevents us from working during high-spread periods.
  • The account type should be Hedge.
  • It should run a portfolio of $800 or higher.
  • A VPS service is required to work stable.
  • We should use an ECN account to improve performance.
  • Every trade is protected by stop-loss and trailing stop-loss.
  • It can overtake high volatility periods.
  • We can get the system set up quickly and easily.

Key features

  • The robot works automatically for us.
  • Trading is possible on the following pairs: XAUUSD, AUDUSD, USDCAD, EURUSD, GBPUSD, and AUDCAD.
  • It trades on the M5 time frame.
  • Working with AUDUSD is allowed with $200 on the balance.

Trading strategy

Most likely, if it works during high volatility periods, it can trade using Trend or Price Action strategy. This means that the system can manage rough market moves.

Pricing

Gold M Stops pricing on MQL5

Gold M Stops pricing on MQL5

We have pricing where rental options and a lifetime license is united. The rental options vary by terms: $30 for a month, $80 for three months, $160 for six months, and $320 for a year. We can download the system for demo usage and executing backtests.

Trading performance of Gold M Stops

The presentation doesn’t include any kind of backtest report. This looks suspicious because the developers usually provide them to show that the robot could handle previous tick data from a broker. As a result, we are informed what broker is the best to work.

Gold M Stops trading results on MQL5

Gold M Stops trading results on MQL5

The advisor has been running a demo account on IC Markets. This means that the developers risk no money in trading. The leverage is on a common level–1:500. The maximum drawdown is 38.5%. The maximum deposit load is 31.5%. The win rate is 81.1%. The robot has made a 54.31% total growth. The account was registered 35 weeks ago.

Gold M Stops details

Gold M Stops details

An average trade frequency is 104 deals weekly. The system holds orders open for 2 days on the market.

Gold M Stops growth chart

Gold M Stops growth chart

The absolute growth varies from month to month. It’s easy to note that there was a period of huge growth in September which was delisted afterwards.

Gold M Stops closed orders

Gold M Stops closed orders

The system trades with Grid and Martingale strategies. It’s rare to see.

Gold M Stops details

Gold M Stops details

The system closed 1833 deals. The best trade is $992.00 when the worst trade is -$757.79. The recovery factor amounts to 24.76 when the profit factor is 5.01. An average monthly profit is 4.36%. We can expect to receive 52.96% annually.

Gold M Stops Distribution

Gold M Stops Distribution

The only one symbol to trade is Gold.

Gold M Stops warnings

Gold M Stops warnings

The robot has received so many warnings from the MQL5 robots.

Customer support

The developer provides an average level of support.

People feedback

The dev’ profile on MQL5

The dev’ profile on MQL5

Noorullah Aimaq is a developer with one year of MQL5 experience from Afghanistan who has a 1622 rate. There are 13 products in his portfolio that were rated as 3.6 based on 8 reviews.

Gold M Stops testimonials

Gold M Stops testimonials

We have several negative testimonials that mentioned that the robot didn’t work properly at all.

Gold M Stops Summary: Worth it or not?

6

Gold M Stops is a robot that keeps running a demo account. The presentation looks average and provides general information without settings and strategy details. Anyway, trading results showed that the system doesn’t use a common combo of a Grid with Martingale. The pricing looks high in comparison with the other similar trading solutions.

  • Trading results provided
  • Many subscription options available
  • No risk advice given
  • No backtest reports provided
  • High pricing
  • No refund policy applied
  • Many negative testimonials written

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