Goldwave EA MT5 V2.21

normally.

No. GoldWave does not use Grid, Martingale, or averaging strategies.

It is designed to operate with a single active position under normal conditions, and each trade is handled independently. Trades are managed using adaptive Take Profit and Stop Loss logic, fully controlled by the EA in real time.

GoldWave supports both:

• MetaTrader 4 (MT4)
• MetaTrader 5 (MT5)

These are the two most widely used trading platforms worldwide.

The minimum recommended deposit is $500.

Lower balances may still work, but a larger balance allows more flexibility in risk management and helps the strategy operate more smoothly during periods of higher volatility.

Yes. The default risk settings are designed to work well for most users, but you can adjust the risk parameters if you prefer a more conservative or more aggressive approach.

If you are new, it is strongly recommended to start with the default risk settings and make changes only after you understand how the EA behaves in live market conditions.

Yes. All updates are completely free.

You can download each new version directly through your MT4 or MT5 platform. Updates may include improvements, optimizations, and new features to keep the EA up to date.

Yes. After purchasing GoldWave, you will receive:

• Clear setup instructions
• Ongoing support via a private support channel

If you have questions about setup, configuration, or general usage, support is available.

GoldWave uses AI-assisted, adaptive logic.

In practical terms, this means the EA applies rule-based algorithms that adapt to changing market conditions, such as price behavior and volatility. The AI component is mainly used to filter out low-quality or unfavorable trades, rather than to generate random signals.

It is not a self-learning neural network, but an adaptive system designed to improve trade selection and stability.

GoldWave relies on adaptive logic and real-time data via WebRequest, which cannot be fully replicated in historical backtesting environments. Because of this, backtest results may differ from live performance.

When using the recommended settings, live trading behavior should remain consistent with the signals shown on the MQL5 Market. For this type of strategy, forward performance and real execution conditions are more representative than optimized historical backtests.

Yes, a fixed Stop Loss exists as a safety measure, acting as a last line of defence.

Under normal conditions, trades are managed and closed using the EA’s logic-based exit rules, often well before the fixed Stop Loss is reached. The fixed Stop Loss is only there to limit maximum risk in extreme or unexpected market situations.