GOLDUXE EA trades pending orders, placing at a certain time two orders for one to buy the other to sell not far from the price, when one order is activated, the second is deleted, the transaction has a TP and SL and is controlled using a trailing stop, the advisor does not use dangerous trading methods such like martingale and similar

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Backtesting:

Backtesting was not carried out as there are account monitoring from the author, detailed statistics of trade can be found below

Settings:

Conclusion:

The advisor trades using a fairly simple breakout system, simply placing pending orders at a certain time and controlling them using sl, tp and trailing stop. There is nothing new or supernatural in this system, but this does not mean that the adviser is worthless, because often simple, uncomplicated strategies bring much more profit than others.
But I am very skeptical about the monitoring results that the author shows us; we see that the advisor earned 1397% profit in 4 months and it seems to me that this monitoring may be rigged and fake. Carrying out reverse testing, it is clear that with the default settings the adviser cannot boast of such super-profits, although it brings some profit, I also noticed that the adviser works better on the H1 timeframe than on the recommended M30.
In any case, I recommend studying the work of this advisor, you can try to set up a different trading time and also adjust the stop loss and take profit parameters, you can also test it on currency pairs, you don’t have to stop only at gold and you may be able to achieve good results since the strategy of the advisor itself clear and simple, it has the place and meaning to bring profit, but first put the EA on a demo account and figure out how it works!

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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