Forex Gold Investor Review: Does It Win or Lose?

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Forex Gold Investor

Forex Gold Investor trades on gold and trades frequently on the charts. The robot has a tested trading logic that comes with a drawdown control mechanism which contradicts the outcome on the live results. The developer provides a quick start guide to help traders begin their journey. To understand more about the system, we will thoroughly cover each point in our article and see if it can be profitable. 

What is Forex Gold Investor?

FxStabilizer has the following features:

  • Traders can install it easily within 5 minutes.
  • There is an intelligent money management system.
  • The system comes with drawdown protection.
  • There is no recommendation on the leverage and the minimum balance, which is not a good approach. 

Official Forex Gold Investor website

The robot is available on the company’s website through a single webpage where all the information about the system is scattered. FXAutomater is the product’s author, but they fail to entertain us with information about their whereabouts or experience. 

How can we use Forex Gold Investor?

You can use the robot by purchasing it and then putting it in the experts’ directory. After that, they have to place it on the respective charts to start trading.

Pricing & refund

The robot is available for $237 and comes with a 60-day money-back guarantee. The license is available for one live and demo account.

Fee structure for the robot
Fee structure for the robot

Trading strategy

The developer only shares that the EA enters positions based on time and buys on the low and strong impulses. The exit system will get out of the trades at the right point. From myfxbook, we can observe that the robot has a high stop-loss and exits trades based on the input code rather than the designated exit point. There is also a slight martingale involved. 

Trading history on Myfxbook
Trading history on Myfxbook

Backtesting results are available for XAUUSD, and the duration of testing is four years. The relative drawdown was around 17.51%. The winning rate was 90.27%, with a profit factor of about 1.94. The test was done on the 15 minutes chart with a starting balance of $5000. 

The robot tanked an average profit of $53016.41 during this period. There were 725 trades in total where the best trade was $1986.88, while the worst one was -$2194.50.

Backtesting curve
Backtesting curve

Current performance

Live trading results are available on Myfxbook, which show performance from April 30, 2018, till the current date for recovery on. The robot had an average monthly gain of 5.93%, with a drawdown of 32.82%. The high value of drawdown indicates more than 50% loss of equity while trading. There were 930 trades in total, with 78.69 lots traded. The expert advisor traded with a winning rate of 65% with a profit factor of 1.45. The average winning trade was $44.43, while the worst one was -$56.54. 

Live records on Myfxbook
Live records on Myfxbook

What are the real customers saying about Forex Gold Investor?

There is only a single review present at Forex Peace Army where a customer states that he has bought one of the robots by the company. He says that he will present the results later on.

Customer review
Customer review

Summary: is Forex Gold Investor a trustworthy robot?

Forex Gold Investor
3 5 0 1
Forex Gold Investor has a high drawdown which makes it a flawed system to use. In the worse case, it can cause a margin call on the account.
Forex Gold Investor has a high drawdown which makes it a flawed system to use. In the worse case, it can cause a margin call on the account.
3.0 rating
3/5
Total Score
  • Strategy
    2.0 rating
    2/5 Bad
  • Features
    3.0 rating
    3/5 Neutral
  • Trading results
    3.0 rating
    3/5 Neutral
  • Reliability
    3.0 rating
    3/5 Neutral
  • Pricing
    4.0 rating
    4/5 Good

Like

  • Live records available on Myfxbook

Dislike

  • Uses martingale
  • It does not explain the trading strategy properly
  • There is no transparency on developers
Total
0
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