Babak Alamdar EA Review: Gold, Oil and Index Robots Compared

By 14 min read

Babak Alamdar’s Expert Advisors cover gold crosses, silver, oil and three stock-index markets. They are not interchangeable versions of one robot: GoldOil uses cross-market filters for gold, GoldPulse combines gold strategies, Brent Oil separates scalping from swing trading, and the index EAs expose different strategy groups and exit controls.

Our assessment: choose by the market, configuration and evidence you can actually evaluate. US30 and GoldPulse have public records with positive results at this check, but both have important execution or loss-size considerations. Dax’s displayed configuration has lost money, US100’s positive growth percentage coexists with negative net trading profit, and SilverPulse’s linked account has no trades to assess. GoldOil currently has no dedicated public signal. This is a review of public documentation and records, not independent trading tests. CheaperForex sells the products discussed.

Compare the available editions

Each link opens the individual product page with its current price and specifications. These are separate purchases, not one combined package.

US100 Nasdaq EA MT5 promotional artwork with CheaperForex.com watermarks
CheaperForex promotional artwork based on the product’s source identity. This is not a software screenshot or performance record.

How we checked the catalog

We checked the developer’s MQL5 catalog, individual product pages, release histories, public setup explanations, available presets and linked signals on September 29, 2026. Release notes matter because some overview text describes older setup methods. Private groups, bonus robots and personal developer services advertised with an MQL5 purchase are not assumed to be included with a separate CheaperForex purchase.

Signal figures below are dated observations, not forecasts. A record’s total account history can begin before MQL5 monitoring or before the current software release. A real-account label does not establish that every strategy, broker or later build will reproduce the result. Customer reviews are opinions from MQL5 and are kept separate from CheaperForex purchase ratings.

Gold and cross-market contextGoldOil targets gold using oil and Nasdaq information. GoldPulse trades multiple gold crosses. GoldMind’s later releases add GBPUSD and USDJPY alongside XAUUSD.
Other commoditiesSilverPulse targets silver crosses. Brent Oil supports Brent and US/WTI oil through separate scalping and swing configurations.
Stock indicesUS100 targets the Nasdaq 100; US30 targets the Dow Jones; Dax EA targets Germany’s DAX. Each has broker-specific CFD contract and execution considerations.
Terminal editionsAll eight product families have an MT5 listing here. GoldPulse also has a separate MT4 edition. An MT5 signal does not prove MT4 execution parity.

US100 Nasdaq EA: the signal needs more than a growth headline

US100’s useful distinction is selectable strategy sectors. Developer explanations describe conservative, news, shorter-term and trailing approaches, with some overlapping groups. That lets you evaluate a specific strategy mix, but enabling several modes on the same index can multiply exposure to one market move. Current release 2.2 adapted the strategy to increased volatility; it should not be treated as the build behind the entire historical record.

The linked US100 Nasdaq EA Swing sector account showed 48.40% growth across 121 trades, yet net trading profit was minus $8.27 and profit factor was 0.97. Its initial deposit was $50, with $200 of later deposits and no withdrawals. Growth calculations and the timing of account funding can produce a different picture from cumulative cash profit. The negative trading profit and sub-one profit factor should stay visible alongside the positive percentage.

US100 Nasdaq EA Swing sector public MQL5 account snapshot with funding and risk warnings
MQL5 US100 Nasdaq EA Swing sector account, captured September 29, 2026. The 48.40% growth figure appears beside −$8.27 trading profit and $200 in later deposits. Expanded warnings show low activity and growth concentrated in two days. This is one sector/configuration, not a record for every US100 setting. View the MQL5 source.

The source showed 26.27% relative balance drawdown and 1.94% relative equity drawdown as separate measures. It also flagged that 80% of growth came in two days and only five trades occurred in the preceding month. A concentrated, selectively active Swing-sector account is not proof that every available US100 mode works. At the buyer level, the practical question is whether the intended sector can be reproduced after the broker’s spread, commission and execution costs.

What customer feedback adds

Dated MQL5 US100 customer comment by tobias
MQL5 customer comment by tobias, January 27, 2025; captured September 29, 2026. This short favorable opinion predates the current build and promises a later update. It is not independent verification of returns; the current Swing-sector account is assessed separately. View the MQL5 source.

The January 27, 2025 comment shown above praises support and results, but says a later update is planned. It provides no account record or test method and predates the current release. Other testimonials covering several EAs in one account do not isolate US100’s contribution. We give the documented configuration and actual trade distribution more weight than a general favorable comment.

View US100 Nasdaq EA MT5

GoldOil: flexible filters, without a public forward record yet

Despite its name, GoldOil targets gold trades. Oil and Nasdaq provide potential context or entry confirmation. Its configurable modules include market structure, liquidity sweeps, compression, breakouts, session timing and higher-timeframe direction. The attraction is the ability to build a defined cross-market idea; the difficulty is deciding which combination deserves testing without simply selecting the best-looking historical result.

The developer separates a default high-frequency configuration from intraday alternatives. These can have materially different trade frequency and sensitivity to execution. A generic claim of funded-account compatibility cannot settle whether a particular provider allows the chosen behavior. Likewise, access to many filters is not evidence that all of them improve results together.

At this check, the listing said dedicated signals would be added later. We did not find a continuous public GoldOil record to assess, or customer reviews to excerpt. Developer backtest images remain hypothetical results; we have not reproduced their tests. GoldOil is therefore a choice based on its documented configuration capabilities, with forward evidence still needed.

View GoldOil EA MT5

GoldPulse AI: compare the platform and the actual news settings

GoldPulse trades gold crosses including XAUUSD and non-dollar gold symbols supported by the broker. Later releases allow the configured symbols to be managed from one chart. The MT5 branch uses MetaTrader’s native economic calendar; the MT4 edition uses a different external news-data setup and its Strategy Tester cannot reproduce the full multi-symbol behavior in the same way. Do not transfer one platform’s setup checklist unchanged to the other.

The current GoldPulse AI signal runs on MT5. Its description says the day-trade news filter is off and the night-trade news filter is on. The account name alone is not a complete description of those settings. At our check it showed 46.29% growth, 176 trades and a 1.54 profit factor, with relative balance drawdown of 8.79% and relative equity drawdown of 4.13%.

GoldPulse MT5 signal statistics and inactivity warnings
GoldPulse AI DayTrade NewsFilter Off, MQL5 MT5 real-account signal, captured September 29, 2026. The day news filter is off and the night filter is on. Warnings and loss statistics are retained. View the MQL5 source.

Average winning trades were $2.66 and average losses $9.52. One average loss was therefore more than three average wins. MQL5 also highlighted concentrated growth and a 14-day gap since the last trade. The positive history is relevant, but it is not a reason to size positions as though frequent wins remove the risk of a larger loss. These are MT5 account results, not an independent test of the refreshed MT4 file.

Read reviews by date and edition

Short GoldPulse MT4 review by Othman Mohammed O Almahrab dated January 8, 2025
Genuine MQL5 GoldPulse MT4 review by Othman Mohammed O Almahrab, January 8, 2025; captured September 29, 2026. This is one customer opinion on an earlier build, not a CheaperForex verified-purchase rating. View the MQL5 source.
Short GoldPulse MT5 review by Othman Mohammed O Almahrab dated January 8, 2025
Genuine MQL5 GoldPulse MT5 review by Othman Mohammed O Almahrab, January 8, 2025; captured September 29, 2026. The brief favorable comment is an earlier-build opinion, not independently verified performance. View the MQL5 source.

Some customers praise risk management and support; other comments describe disappointing returns or prolonged underperformance. Those observations relate to particular periods, settings and software versions. They do not establish one universal outcome for every gold cross or both platforms. The four short GoldPulse, GoldMind and SilverPulse excerpts in this review are all from the same buyer, Othman Mohammed O Almahrab, on January 8, 2025. They are dated opinions from one customer, not four independent reviewers or CheaperForex verified-purchase reviews.

GoldMind AI: a broader current market list than its older introduction

GoldMind began as a lighter GoldPulse-related gold system, but its later development supports GBPUSD and USDJPY alongside XAUUSD. That distinction matters when selecting a setup: the older gold-only introduction does not fully describe the current branch. The published release history and available broker symbols should guide the configuration rather than a copied description of its original scope.

The GoldMind XAUUSD News Filter off account showed 35.37% growth across 62 trades and a 1.41 profit factor. Relative balance drawdown was 16.21%, with 9.34% relative equity drawdown. Average wins of $2.39 were smaller than average losses of $7.87.

GoldMind MT5 historical signal statistics and 299-day inactivity warning
GoldMind AI XAUUSD News Filter off, MQL5 MT5 real-account signal, captured September 29, 2026. Historical results include a 299-day inactivity warning; this is not an active current-build demonstration. View the MQL5 source.

The major limitation is inactivity: the source showed no trading for 299 days. It also attributed 80% of growth to four days. This is a historical XAUUSD configuration, not evidence of active current-build performance across all three supported markets. An old positive account should not be presented as if it were continuously validating today’s release.

Short GoldMind review by Othman Mohammed O Almahrab dated January 8, 2025
Genuine MQL5 GoldMind review by Othman Mohammed O Almahrab, January 8, 2025; captured September 29, 2026. The review predates the current build and does not establish its results. View the MQL5 source.

The review history includes earlier objections about the relationship between risk and reward, as well as later favorable update comments. That is useful context for evaluating changes, but it cannot substitute for a fresh record of the selected settings.

View GoldMind AI EA MT5

Brent Oil: contract size is part of the strategy setup

Brent Oil combines scalping and swing approaches, with later support for US/WTI oil as well as Brent. The public preset examples use separate charts and trade identifiers to distinguish the two strategies across the two markets. Swing Safety mode and position limits add control, but the trader still needs to understand which setups are running together.

The most practical issue is oil contract size. A nominal lot is not a universal amount of exposure. Different brokers can require very different minimum volumes, and the Consider_CONTRACT_SIZE option cannot make a broker accept a smaller order than its minimum. Check the cash risk, volume step and market hours on the actual account before copying a preset.

Four publicly linked presets date from June 2024 and the earlier 1.4 stage of development. Current release 1.6 subsequently removed strategies the developer considered unstable. Those files are useful documentation of the two-market/two-strategy structure, but we do not label them the current recommended configuration. They also contain a disabled recovery setting, so an absolute claim that no recovery functionality exists would be unjustified.

Dated MQL5 Brent Oil customer comment by Sheng Jie Wang
MQL5 customer comment by Sheng Jie Wang, July 9, 2026; captured September 29, 2026. The writer gives a negative opinion without an account record in this comment. The developer disputes that assessment and cites market conditions and separate oil strategies; neither statement establishes independently verified results. View the MQL5 source.

The July 9, 2026 comment shown above reports poor performance, but supplies no account record in the comment. The developer disputes that assessment, citing oil’s sensitivity to geopolitical events and the different swing and scalping configurations. Neither statement independently verifies results. Other customer discussions about minimum lots reinforce the broker issue, while older criticism of swing losses needs its date and build context.

The listing’s generic live-signal link leads to the seller, where we did not find a current dedicated Brent account among the six listed signals. We therefore do not substitute another EA’s record for Brent evidence.

View Brent Oil EA MT5

SilverPulse AI: distinguish available features from an empty signal

SilverPulse targets silver crosses including XAGUSD, XAGEUR and XAGAUD. Its later MT5 branch can manage configured symbols from one chart and use the native economic calendar. Silver contract size and non-dollar cross availability vary by broker, so a multi-symbol feature does not mean every account can trade every listed symbol.

The current linked SilverPulse AI ICMarkets account contained no trades and no usable performance history when checked. A displayed account balance is not a trading record. It cannot support a return, win-rate or consistency claim for the current edition.

SilverPulse MQL5 signal showing zero recorded trades
SilverPulse AI ICMarkets, MQL5 MT5 signal, captured September 29, 2026. The page displays zero trades and zero weeks; its balance is not evidence of a usable performance history. View the MQL5 source.
Short SilverPulse review by Othman Mohammed O Almahrab dated January 8, 2025
Genuine MQL5 SilverPulse review by Othman Mohammed O Almahrab, January 8, 2025; captured September 29, 2026. A customer opinion should not be substituted for the missing signal trade history. View the MQL5 source.

Public customer opinions still offer context about the product and support, but they should not fill in statistics that the current signal does not contain. The CheaperForex listing now covers MT5; the former MT4 product URL redirects to it. That is an edition replacement, not proof that a prior MT4 build and MT5 produce identical trades.

View SilverPulse AI EA MT5

US30 Dow Jones EA: positive history with very short holding times

US30 uses selectable strategy sectors, with later trailing behavior and a Volatility_filter control. The developer says disabling that filter follows the preceding trade behavior. Comparing the two configurations is different from running both simultaneously, which changes the aggregate exposure to the same index.

The linked US30 Dow Jones account showed 68.35% growth, 196 trades and a profit factor of 1.61. Relative balance drawdown was 24.84%; relative equity drawdown was 3.98%. Average holding time was only 36 seconds, and MQL5 warned about negative copying slippage. These execution details matter more than assuming another account will match a favorable chart.

US30 Dow Jones EA public MQL5 account snapshot with funding and risk warnings
MQL5 US30 Dow Jones EA account, captured September 29, 2026. The 68.35% growth figure is accompanied by funding history, roughly 24.8% displayed maximum drawdown and expanded warnings about copy slippage and growth concentrated in seven days. Historical account results are not guaranteed outcomes. View the MQL5 source.

Average wins of $1.53 compared with average losses of $3.02, while 80% of the reported growth came in seven days. The account had deposits and withdrawals during its history. The evidence is positive for that observed configuration, but concentrated returns and short holds limit how confidently it can be generalized to another broker or strategy mix.

Dated MQL5 US30 customer comment by Morteza Hosseini
MQL5 customer comment by Morteza Hosseini, December 23, 2024; captured September 29, 2026. This brief endorsement discusses support but supplies no account record or test method. It predates the current volatility-filter release. View the MQL5 source.

The December 23, 2024 comment shown above is a brief endorsement of the product and support, with no test details. It predates the volatility-filter release. Other favorable feedback discusses a particular trading month; neither type of comment establishes the performance of every later setting. A real-tick backtest followed by a controlled broker-specific forward comparison is more informative than copying a nominal lot size from another US30 account.

View US30 Dow Jones EA MT5

Dax EA: a high win rate has not produced a profitable public configuration

Babak Alamdar’s Dax EA contains 23 strategies with separate identifiers, a limit on concurrent strategies, Fast_Closing and an Intraday_Single_Strategy option that disables the other strategies. These are specific control choices, not a reason to treat 23 strategies on one German index as 23 diversified investments. This is distinct from other developers’ similarly named DAX robots.

The Default Fast closing True account showed minus 18.94% growth, minus $47.34 net profit and a 0.75 profit factor across 515 trades. Its 82.71% winning-trade rate had not offset average losses of $2.10 against average wins of $0.33. Relative balance drawdown was 32.70%, with relative equity drawdown of 5.51%.

DAX EA Default Fast closing True public MQL5 account snapshot with funding and risk warnings
MQL5 DAX EA Default Fast closing True account, captured September 29, 2026. The −18.94% growth and −$47.34 profit are retained alongside the 12-day inactivity and copy-slippage warnings. The high winning-trade percentage does not offset the account’s larger losses. View the MQL5 source.

The source also flagged copying slippage and 12 days without activity. These results do not prove that every possible Dax configuration will lose money, but they do rule out presenting this particular public setup as a demonstrated profitable one. Changing exit behavior or combining strategies requires fresh evaluation, not an assumption that a different setting solves the observed loss distribution.

Dated MQL5 DAX customer comment by EasyForexAutoTrading
MQL5 customer comment by EasyForexAutoTrading, September 10, 2025; captured September 29, 2026. This reports an unfavorable early period and predates the later single-strategy update. The developer attributed the difficult period to choppy conditions; the dated current signal is a separate evidence source. View the MQL5 source.

The September 10, 2025 comment shown above reports a poor first two months and says the reviewer may update it if results improve. The developer’s reply attributes that period to choppy markets and emphasizes longer evaluation. This exchange predates the later single-strategy update and is not an independent test of the current build. The current public account’s loss distribution remains the more directly inspectable evidence.

View Dax EA MT5 by Babak Alamdar

Choosing a configuration without confusing variety with diversification

Several products share market exposure even when their entry logic differs. GoldOil, GoldPulse and GoldMind can all respond to the same gold move; Nasdaq and Dow Jones often face the same macroeconomic event. A position limit inside one EA does not automatically limit combined exposure across every robot running in the account.

Start the evaluation with the exact terminal edition, broker symbols, strategy switches and position-sizing method. Keep a record of the preset and build used. Compare trade distributions and costs over an adequate sample, including losing periods and inactive stretches. Public signals, backtests and customer opinions answer different questions and should remain separate.

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