Forex Gold Investor is a trading advisor that was released by the FXAutomater company several years ago. The main claim is “A proven “sure bet” investment.” So, let’s check how good their trading system is.
Vendor transparency
The company has a huge level of transparency. Their presentations are usually informative and answer almost all questions we are going to ask. Also, they are featured by backtest reports and trading results. The developers have many other quite-known products on the board.
How Forex Gold Investor works
The presentation includes several blocks with features, settings, and various details.
We have grouped up all information in the following list.
- The system knows how to work automatically without a need for our intervention.
- It can work on the MT4 terminal.
- It trades quite frequently, opening and closing orders.
- There’s a “Vault” money-management feature.
- We can set the robot on the terminal quickly.
- The system is a 100% algorithmic trading solution.
- The advisor has a breakdown protection system.
- There’s a “Go Long” (?) system applied.
- It sets well-calculated Entry and Exit points.
- The system includes a module that helps avoid farming our orders by the brokers.
- It has protection from High Slippage and High spreads.
- We can customize various settings.
- The system has a powerful trading strategy.
Timeframe, currency pairs, deposit
- It works on the M15 time frame.
- The robot trades only Gold.
- We don’t know how big a deposit should be.
Trading approach
- The robot executes orders automatically for us.
- It calculates SL and TP levels automatically.
- It closes them automatically as well.
Pricing and refund
We have -$70 OFF applied.
There’s a single pack published. The robot costs $227 instead of $297. The previous price was $237. The package includes a real account license, an unlimited number of demo accounts, a Broker Spy module, advanced news filters, and a 60-day money-back guarantee.
Trading results
We have several backtests published on the site. We have a XAU/USD backtest report on the M15 time frame. The modeling quality was 90.00% with 200 pips spreads. An initial deposit was set at $2,000. The total net profit was $57,205. The profit factor is 1.90. The maximum drawdown was $1,798. The system had 3716 orders executed with an 86.94% win rate for shorts and 65.54% for longs.
The chart looks horrible and unprofessional. The system pulled the account a year back. Let’s get into details. The system applied to the IC Markets real USD account. It works automatically with 1:500 leverage on MT4. The account has a verified track record. It was created on October 19, 2020, and deposited at $247.04. Since then, the absolute gain is +113.37%. Since our last visit, the system has lost 10%+. An average monthly gain is 7.40%. The maximum drawdown is 38.17%. Fifty investors track the robot’s results.
There were 249 deals, with 25418 pips executed. An average win is 430.03 pips when an average loss is -688.60 pips. The accuracy rate is 65% for longs and 90% for shorts. An average trade length is 12 hours 31 minutes. The profit factor is 1.46.
The longs direction is traded three times more often than the shorts direction.
Usually, hours for trading Gold are American ones.
Monday is ahead of others in trading by frequency.
The robot works with medium risks. The probability of losing 10% of the account is 17.38%.
The system uses Martingale from time to time to make more profits.
Trading results are absolutely unpredictable.
People say that FXAdept is …
The system has a page on Forex Peace Army. There are no reviews published and no trading accounts connected.
Verdict
Pros | Cons |
Backtest report provided | No team revealed |
Trading results shared | No risk and money management advice given |
We can rely on refunds | The system doesn’t work stable and profitable |
We have no idea how it works on people’s accounts |
Forex Gold Investor Conclusion
Forex Gold Investor is a system that works on a real trading account where it slowly but surely wastes a low deposit. We don’t like that the developers haven’t updated it for a year, if not less. We cannot advise you to use this robot for running it on a real account.