Question 1

What type of strategy does Goldex AI EA MT4 use?

Accepted Answer

It is a recovery / martingale-style EA that increases lot size after losing trades to recover losses quickly.

Question 2

What is the risk level?

Accepted Answer

High Risk. The 5.0 lot increase factor after loss and MaxLotSize of 100.0 can lead to very large drawdowns during strong trends.

Question 3

Does it use Martingale?

Accepted Answer

Yes, it uses a form of aggressive averaging/recovery (lot multiplier of 5.0 after loss).

Question 4

Is it suitable for beginners?

Accepted Answer

Not recommended. This EA requires good capital and risk understanding due to its aggressive recovery logic.

Question 5

Which pair is it designed for?

Accepted Answer

Primarily optimized for XAUUSD (Gold).

Goldex AI EA MT4Premium