Official MT5 version · Gold EA

Goldwave EA MT5

Name: Goldwave EA MT5
SKU: CHF-GoldWave-EA
Price: 479.95 USD
Availability: InStock

Latest version

We’re rated Excellent on Trustpilot 4.6/5 (opens in a new tab)

Goldwave EA for MT5 is an AI-adaptive Gold trading system by Shengzu Zhong, a developer with 16+ years of real trading experience. Unlike EAs that rely on fixed indicators, Goldwave uses adaptive decision logic that evaluates whether the current market context justifies an entry — adjusting its criteria as market behaviour changes. One position at a time. No grid, no martingale, no averaging down.

The verified IC Markets live signal delivers the proof: 329% growth over 29 weeks with 97% win rate, 10.54 profit factor, and max 1 consecutive loss across 135 trades. With 41 reviews (4.72★), 57 purchases per month, and 2,769 demo downloads, Goldwave is one of the most actively adopted Gold EAs on MQL5. The EA uses WebRequest-based news filtering that cannot be replicated in backtests — the developer explicitly emphasises live results over historical testing.

✅ 329% verified live signal on IC Markets — 29 weeks, 97% WR, 10.54 PF, max 1 consecutive loss, 15% max DD
✅ AI-adaptive entry logic — not fixed indicators, adapts to market context, one position at a time, no grid or martingale
✅ 41 reviews (4.72★), 57 purchases/month — one of the most reviewed and adopted Gold EAs on MQL5, 16+ year developer

AI-adaptive. 329% live signal. 97% WR. 41 reviews. One position at a time.

MT5Save 52%

Regular price~~Regular price was $999.00~~

$383.96Crypto priceUSDT, USDC, BTC or ETH. Extra 20% off at checkout.Save 62%You save $615.04 with crypto

$479.95 with card

Visa, Mastercard, Apple Pay and Google Pay accepted.

Card payments add bank fees, sales taxes and other charges.

Latest version
Instant download
Free lifetime updates
7-day money-back
Unlimited activations

Source code (.mq5) available at checkout.

Excellent on Trustpilot4.6 from 120 reviews (opens in a new tab)

28,000+ tradersServed since 2019

Orders over $300 include 3 months of PrismAlgo freeThe highly recommended cloud-connected EA for 28 FX pairs, Gold and Bitcoin. Added to your cart automatically. View PrismAlgo

Need help?Message us on Telegram (opens in a new tab)Contact us

Official versionsInstant downloadFree lifetime updatesExtra 20% off with cryptoReal people on support28,000+ tradersTrading since 2019Rated Excellent on Trustpilot

Product description

About Goldwave EA MT5

Quick Summary:
Goldwave EA for MT5 is a selective Gold trading system by Shengzu Zhong — a developer with 16+ years of real trading experience. The EA uses adaptive decision logic that evaluates trend quality, volatility, and risk environment before placing any trade. One position at a time. No grid, no martingale, no averaging down.

The verified IC Markets live signal shows 329% growth, 97% win rate, and 10.54 profit factor across 135 trades over 29 weeks. With 41 reviews (4.72★) and 57 purchases per month, Goldwave is one of the most actively adopted Gold EAs on MQL5. Same developer as AXIO Gold EA — different rhythm, same disciplined philosophy.

Official MQL5 Listing:
Goldwave EA MT5 — MQL5 Marketplace

Live Signal:
Goldwave EA — IC Markets Live Signal

Why Goldwave

Goldwave is built for traders who want disciplined Gold trading with structurally bounded risk:

One position at a time — maximum exposure is always known. No stacking, no recovery layers.
No martingale, no grid, no averaging down — losses don’t trigger lot escalation or position pyramiding.
AI-adaptive entry logic — evaluates trend quality and market context rather than reacting to fixed indicators.
WebRequest-based news filter — connects to real-time news data, automatically avoiding high-impact events.
Multi-timeframe confluence — cross-validates trend structure from M15 to H4 before any entry.
Volatility-based stop loss with fixed backstop — adjusts to current conditions with hard limit protection.
Live-first philosophy — developer explicitly deprioritises backtests because the news filter can’t be Strategy Tested.

Live Performance Snapshot

Goldwave EA MT5 — 329% live growth on IC Markets, 97% win rate, 10.54 profit factor over 29 weeks — Goldwave EA — 329% verified live growth on IC Markets over 29 weeks

Live signal headline numbers:

✅ 329% growth — verified IC Markets, 29 weeks live
✅ 97% win rate — 131 wins, 4 losses across 135 trades
✅ 10.54 profit factor — gross profits 10x gross losses
✅ 15.98 recovery factor — institutional-grade drawdown recovery
✅ 15% max drawdown — controlled exposure
✅ Max 1 consecutive loss — never lost twice in a row on the live signal

7 trades per week, 2-hour average holding time. Selective by design — the EA is out of the market ~89% of the time, only entering when conditions overwhelmingly favour success.

EA Setup at a Glance

Platform: MetaTrader 5
Instrument: XAUUSD (Gold) exclusively
Timeframe: M1 recommended (for earlier signal detection)
Strategy: AI-adaptive trend recognition with multi-timeframe confluence and news filtering
Position management: One position at a time
Stop loss: Volatility-based dynamic + fixed backstop
Grid / Martingale: None
Trade frequency: ~7 trades per week, 2-hour avg holding time
Recommended brokers: IC Markets (signal broker), or any ECN/RAW spread broker
Leverage: 1:500 used on live signal
Minimum deposit: $500 recommended
WebRequest: Required — enable in MT5 settings for news filter
VPS: Recommended for 24/5 operation

From the AXIO Gold Developer

Shengzu Zhong is also the developer behind AXIO Gold EA, the more recent addition to his Gold portfolio. His engineering philosophy is consistent across products: “I do not consider highly optimized backtests as proof of system reliability. Real, long-term live trading performance provides far more meaningful reference.”

That’s why Goldwave is sold on the strength of its 29-week IC Markets live signal rather than a curve-fit historical backtest. The WebRequest-based news filter genuinely cannot be replicated in the Strategy Tester — it’s a technical reality, not an excuse.

Who Goldwave Is For

Ideal for traders who:

Want the safest risk model — one position at a time, no grid, no martingale
Trust live verified results over backtest projections
Can accept low-frequency trading — patience is the source of the 97% win rate
Value developer transparency and an established review base (41 reviews, 4.72★)
Need defined per-trade risk for prop firm compatibility

Consider alternatives if you:

Want grid-based Gold trading with higher peak returns — try Quantum Queen or Quantum Athena
Want forex pairs instead of Gold — try Quantum King (AUDCAD)
Want this same developer’s newer Gold scalper — try AXIO Gold EA

What You Receive

Goldwave EA for MT5 — available file
delivered as the genuine .ex5 file for your MT5 terminals
Free lifetime updates
User manual and recommended settings included with your order

Risk Disclaimer

Past performance does not guarantee future results. The 29-week live signal demonstrates historical performance on IC Markets and does not guarantee future profitability. Average losses on the live signal are larger than average wins — profitability depends on maintaining the high win rate. The EA uses WebRequest-based features that cannot be replicated in backtesting. Results may vary by broker, spread conditions, and execution quality. Always test on demo before going live. Do not trade with funds you cannot afford to lose.

Want the Full Breakdown?

📖 Read our complete Goldwave EA review, setup guide and live signal breakdown →

Includes detailed live signal analysis, MQL5 customer review summary, broker setup recommendations, AI-adaptive logic explained, comparison with AXIO Gold and grid Gold alternatives, and answers to the most common Goldwave questions.

Also from Shengzu Zhong: explore GoldWave Ultra EA MT5 and our GoldWave Ultra signal and customer-review analysis. Ultra links to the established GoldWave signal and has its own product listing.

Standalone MT5 file. Follow the delivery instructions supplied with your order. Free lifetime updates are included, added as soon as we receive them. You never pay twice. Free remote installation is available if you need it.

Every order

What’s included with Goldwave

Instant downloadReady after checkout and kept in your account
Free lifetime updatesAdded as soon as we receive them, every version kept in your account
Unlimited activationsUnlimited live and demo accounts
Free remote installationOptional: a one-time install over AnyDesk, with settings advice and custom presets
7-day money-back guaranteeIf the EA fails to attach to your chart because of errors we can replicate, you get a full refund.

Product FAQs

Goldwave EA MT5 FAQs

Still deciding?

Real people on support, by Telegram or our contact form.

Message us on Telegram (opens in a new tab)Contact form

What are the verified live signal results?

329% growth, 97% win rate, 10.54 profit factor over 8 months on IC Markets. $50 initial deposit grew to $214.62. 131 wins out of 135 trades. Verified on MQL5: Goldwave Signal

Why does the developer emphasize live results over backtests?

Goldwave uses AI-assisted adaptive logic and news filtering via WebRequest, which cannot be replicated in Strategy Tester. Backtest results differ from live trading and shouldn’t be the main evaluation reference. The live signal IS the proof.

Does it use grid or martingale?

No. Goldwave does NOT use grid, martingale, or averaging down. The EA opens only one position at a time, and each trade is handled independently with defined risk control.

What pair and timeframe?

XAUUSD (Gold) only. Attach EA to M1 chart (for faster signal detection), but the logic aggregates data from multiple timeframes (M15–H4) internally.

How often does it trade?

Low frequency — approximately 7 trades per week. Average holding time is 2 hours. Trading activity is 11.3%. The EA prioritizes trade quality over frequency.

What’s the profit factor on the live signal?

10.54 — exceptional for live trading. Most EAs show great profit factor in backtests but poor in live. Goldwave’s profit factor IS the live result.

What’s the recovery factor?

15.98 — demonstrates excellent ability to recover from drawdowns. Combined with max 58 consecutive wins and max 1 consecutive loss.

What’s the maximum drawdown?

15% on the live signal. Max deposit load is 10.5%. Controlled through dynamic risk management and one-position-at-a-time approach.

What leverage is used?

Live signal uses 1:500 on IC Markets. ECN/RAW spread brokers recommended for optimal execution.

What’s the minimum deposit?

$500 recommended. Lower balances may work but larger balances allow more flexibility in risk management during volatile periods.

Does it have a news filter?

Yes. Built-in news filter via WebRequest automatically avoids trading during high-impact economic events. This feature requires WebRequest to be enabled in MT5 settings.

What AI does it use?

AI-assisted, adaptive logic — rule-based algorithms that adapt to changing market conditions (price behavior, volatility). The AI filters out low-quality trades rather than generating random signals. Not a self-learning neural network.

What do MQL5 reviews say?

8 five-star reviews: “Best EA in the Market”, “it’s been closing only take-profits for me for a month”, “focuses on trend quality and strict risk control”. 45 purchases/month confirms market demand.

Who developed this EA?

Shengzu Zhong — 16+ years of real trading experience. Philosophy centers on capital protection, transparent logic, and realistic long-term returns rather than overfitted historical curves.

Is there support after purchase?

Yes. Clear setup instructions, user manual, recommended settings, and ongoing support via private channel. Contact developer after purchase for configuration guidance.