Gold Mana EA Review 2024

Gold Mana EA Introduction

Gold Mana EA is a sophisticated trading tool developed by Dilwyn Tng from Singapore, an experienced trader with a 4.9 rating from 786 reviews. Priced at $499, this Expert Advisor (EA) focuses on trading gold (XAUUSD) with a strategy designed to deliver consistent returns while minimizing risks. The developer’s expertise is evident in his other popular product, the HFT Prop Firm EA, which has seen significant sales success.

Gold Mana EA Features

• Multi-timeframe Volatility Measurements
• Market Participants’ Intentions Analysis
• Candlestick Patterns and Supply & Demand Analysis
• Risk Level Settings: Conservative to Aggressive
• Prop Firm Ready
• Fixed Stop Loss and Take Profit Settings
• Fast Trailing Stop Algorithm
• Low Drawdown

Gold Mana EA Backtest & Trading Results

Live Results:

• Growth: 1.12%
• Profit: $5,585.00 USD
• Equity: $505,585.00 USD
• Balance: $505,585.00 USD
• Initial Deposit: $500,000.00 USD
• Live signal: https://www.mql5.com/en/signals/2242588 

Backtest Results:

• Net Profit: $36,419,384.63
• Initial Deposit: $10,000
• Total Trades: 4,447
• Win Rate: 60.04%
• Largest Winning Trade: $1,217,884.50
• Largest Losing Trade: -$659,246.50
• Max Drawdown: 20.51%
• Profit Factor: 1.78
• Longest Winning Streak: 12 trades
• Longest Losing Streak: 6 trades

Gold Mana EA User Reviews

• Faisalaldoseri: “Got 12% in my first trade, great EA.”
• Nick Dobberstein Jensen: “Very good seller and serious. EA is doing good profits.”
• iTiL: “The advisor works perfectly 👍 Shows a consistently good result. Suitable for a live account.”

Gold Mana EA Pros and Cons

Advantages of the EA

• Free download for backtest on mql5.com
• No Grid or Martingale strategies used
• Proven resilience over 17 years of backtesting
• Suitable for various trading styles and prop firm requirements
• Built-in equity and profit protection features

Disadvantages or Limitations of the EA

• Not compatible with all prop firm rules
• May hold trades over weekends and during news events, which some prop firms do not allow
• Initial investment requirement of $250

Conclusion

Gold Mana EA is a robust trading tool crafted with extensive research and practical experience. It is designed for traders seeking low-risk, stable returns with high consistency. The developer’s credibility and the EA’s impressive backtesting results underscore its potential effectiveness. While it has limitations concerning specific prop firm rules, its broad range of features and adaptability make it a valuable asset for serious gold traders.