Golden Taipan FX MT5 v999.993 (Original version) – GroupBuy

Golden Taipan FX MT5: A High-Performance Automated Trading System for XAUUSD

Golden Taipan FX is a fully automated trading system designed exclusively for trading the XAUUSD pair on the H1 timeframe. With an advanced algorithm optimized for precision, this expert advisor (EA) balances profit potential with risk control, ensuring consistent performance in diverse market conditions.

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About the author

This product is compiled by Michael Prescott Burney. This author has more than +1 years of experience working on MQL5 with many famous products such as Golden Taipan FX MT5 and other advisors. Among them, Golden Taipan FX is his best performing product.

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Golden Taipan FX EA MT5 Overview

Key Features

🔹Strategy Diversity: 300 excellent strategies, combining top-notch strategies such as Atomic Gold, Gold Shines and Goldilocks with the extended WFO system to enhance the capture of trading opportunities.

🔹Market Adaptability: Risk is not limited to RR 1:2 in normal gold trading, optimizing efficiency to achieve high profits.

🔹Advanced Automation: Upgraded WFO system, automatic trading performance optimizes Stop Loss (SL) and Take Profit (TP) levels in each transaction.

🔹Strategy Performance Guarantee: WFO system will review every strategy in detail to find the most effective level for Trailing Stop and take profit, increasing the profit potential and minimizing heavy losses for your account.

🔹Integrated smart risk management: Stop Loss and Take Profit levels are automatically optimized effectively according to market fluctuations.

Key Advantages

🔹Safe capital management: Your capital is preserved through transactions combined with strict risk management.

🔹Effective profit potential: Take advantage of leading advanced strategies to bring the most effective and stable profit results.

🔹Integrated strategy refinement and optimization: The strategy will always be updated to ensure the best efficiency, easily customize data according to the trader’s preferences.

Golden Taipan FX MT5 Review

Golden Taipan FX – Expert Advisor (EA) Backtest Analysis
✅ Initial Deposit: $100 – Small capital requirement, indicating high leverage efficiency.
✅ Total Net Profit: $1M – Exceptional profit growth from a low starting capital.
✅ Win Rate (Profit Trades): 78.40%
✅ Max Balance Drawdown: 4.72% – Very low risk for the given profitability.
✅ Max Equity Drawdown: 5.51% – Stable capital preservation.

Golden Taipan FX MT5 Backtest Results

Golden Taipan FX MT5 Backtests Results

User Reviews and Feedback

Golden Taipan FX demonstrates remarkable potential in delivering stable and reliable profits, making it a reliable tool in the forex market. Golden Taipan FX EA is highly regarded by the MQL5 community in many aspects and has gained the trust of its users.

✔ Lion (2024.09.19): “Michael is a great dev, takes a pride in his work and delivers what he says he will. The EA at first wasn’t too great BUT since the update has been great with near on a perfect performance and successfully passed a funding stage for me. Keep up the good work.”
✔ Bong Ph (2024.08.29): “Since the last update (502.99), it has a 100% win rate. And the live result is in line with the backtest result. I’m getting more confidence in this EA. I will continue to monitor the results and update it here.”
✔ Antonio Schirone (2024.08.08): “I’m testing the last two versions, for now I put 5 stars for the commitment and the will of the programmer to find the best solution so that the robot can work at its best in the real situation. I am convinced of the goodness of the robot and confident that it can bring excellent future earnings.”

Recommended settings

Recommended settings and parameters to pay attention to from developers and experts:

Product Download Package?

The download package of the product suite includes:

🔹Experts: Golden Taipan FX MT5.ex5

🔹Setting Guide.pdf

Conclusion

Golden Taipan FX emerges as a top-tier automated trading system for XAUUSD on the H1 timeframe, delivering a remarkable combination of profitability, risk control, and strategic adaptability. With a staggering net profit exceeding $1 million from a modest $100 deposit, a profit factor of 4.38, and an impressive 78% win rate across 1,583 trades, this expert advisor (EA) demonstrates outstanding performance in both backtesting and live trading conditions.

>>> Reviewed by David Easton <<<