Goldwave EA MT5

Quick Summary:
Goldwave EA for MT5 is a professional-grade Gold trading system developed by Shengzu Zhong, a developer with over 16 years of real trading experience.
The verified live signal on IC Markets delivers results that speak for themselves: 329% growth, 97% win rate, and 10.54 profit factor over 8 months of live trading. No grid, no martingale, no averaging down — just AI-assisted adaptive logic that trades one position at a time with clearly defined risk control.

With 45 purchases per month and 8 five-star reviews, traders are validating what the signal already proves: Goldwave delivers real results in real market conditions.

Official MQL5 Listing:
Goldwave EA MT5

Developer Profile:
Shengzu Zhong

The Live Signal — Verified Performance

Live Signal Statistics

Complete verified statistics from the live signal:

• Growth: 329.24%
• Initial Deposit: $50
• Current Equity: $214.62
• Profit: $164.62
• Total Trades: 135
• Profit Trades: 131 (97.03%)
• Loss Trades: 4 (2.96%)
• Profit Factor: 10.54 — exceptional
• Recovery Factor: 15.98
• Gross Profit: $181.88 (21,364 pips)
• Gross Loss: -$17.26 (1,018 pips)
• Best Trade: $20.03
• Worst Trade: -$10.22
• Average Profit: $1.39
• Average Loss: -$4.31
• Max Consecutive Wins: 58 ($64.02)
• Max Consecutive Losses: 1 (-$10.22)
• Monthly Growth: 18.50%
• Annual Forecast: 224.50%
• Max Drawdown: 15%
• Max Deposit Load: 10.5%
• Trades Per Week: 7
• Avg Holding Time: 2 hours
• Trading Activity: 11.3%
• Algo Trading: 100%
• Broker: ICMarketsSC-MT5-4
• Leverage: 1:500
• Signal Age: 29 weeks

Why Live Results Matter More Than Backtests

The developer is refreshingly honest about this:

“While it is easy to create visually impressive results through over-optimized backtests, such systems often fail quickly in live trading when market conditions change. For this reason, I do not consider highly optimized backtests as proof of system reliability. Real, long-term live trading performance provides far more meaningful reference.”

Goldwave uses AI-assisted adaptive logic and news filtering via WebRequest — features that cannot be replicated in the Strategy Tester. This is why the developer emphasizes live signal performance over backtests.

When backtests look “perfectly identical” to live results, it often deserves extra caution. Real trading involves slippage, spread variations, news events, and execution differences that backtests don’t capture.

What Real Users Say

Avinash Reddy Kummetha (5 stars):
“Best EA in the Market, Awesome results. Really good with DD, I have been using this for 3 weeks. I might be the first person who bought this. Support has been great, Quick response if needed any fixes or changes. Just buy it.”

Mohsen Moshiri (5 stars):
“I purchased this expert advisor because it has strong support, a real live test available for review, and—most importantly—it’s been closing only take-profits for me for a month. I’m very satisfied with the purchase. Looking forward to seeing how it performs over time. Big thanks to Shengzu for his efforts.”

Ferran Lopez Navarro (5 stars):
“GoldWave EA MT5 is a low-frequency, gold-only system for XAUUSD that focuses on trend quality and strict risk control rather than aggressive growth. It trades a single position at a time without grid or martingale, using adaptive, AI-assisted logic and news filtering, and the author explicitly emphasizes live results over backtests due to WebRequest-based features. Developer Shengzu Zhong has over 16 years of trading and EA development experience and presents a philosophy centered on capital protection, transparent logic, and realistic long-term returns instead of overfitted, ‘too perfect’ historical curves.”

What Goldwave Is Designed To Do

Goldwave is NOT a system built to trade every day. It’s a professional-grade trading logic that prioritizes:

• Trade Quality Over Frequency: Only 7 trades per week average
• Risk Control Over Aggressive Returns: One position at a time
• Execution Discipline: Waits for favorable conditions
• Adaptive Behavior: AI-assisted filtering reduces bad trades

Unlike EAs that trade constantly, Goldwave asks three questions before every entry:

1. Is the trend genuine?
2. Is the current risk environment appropriate?
3. Is the market condition worth participating in?

If the answer to any question is no, the system waits.

AI-Assisted Trend Recognition

Goldwave employs a multi-dimensional market analysis framework to improve entry timing and drawdown control:

• Multi-Timeframe Confluence: Cross-validates trend structures from M15 to H4
• Volatility State Identification: Classifies market environment
• Momentum Clustering: Assesses trend persistence
• Noise Reduction: Filters out false breakouts

The core objective: participate only in trend movements with higher probability of continuation, rather than short-term or random price fluctuations.

Note: The AI component is rule-based algorithms that adapt to changing market conditions — not a self-learning neural network. It’s designed to filter out low-quality trades rather than generate random signals.

Key Features

No Dangerous Trading Methods

• No Martingale: Lot sizes don’t increase after losses
• No Grid Trading: No position pyramiding
• No Averaging Down: Each trade is independent
• One Position at a Time: Maximum risk is always known

Dynamic Risk Management

• Volatility-Based Stop Loss: Adjusts to current market conditions
• Drawdown Control: Risk exposure limits built-in
• Reduced Participation: Automatically scales back during unfavorable conditions
• Fixed Stop Loss Backstop: Last line of defense in extreme situations

Built-In News Filter

Uses WebRequest to access real-time news data. Automatically avoids trading during high-impact economic events. This feature cannot be tested in backtesting (which is why live results differ from backtests).

Low-Frequency, High-Quality Trading

• Trades Per Week: ~7 average
• Average Holding Time: 2 hours
• Trading Activity: 11.3%

When trend structures are unclear, volatility becomes abnormal, or macro risks increase, the system reduces activity or stays completely out. This disciplined restraint is key to controlling drawdowns.

Developer Background

Shengzu Zhong brings 16+ years of real trading experience to EA development. His philosophy:

“Rather than pursuing short-term explosions, parameter stacking, or overfitted strategies, I focus on building logically stable, risk-controlled trading systems that can adapt to different market environments.”

The project goal is simple: build a trading tool that aims for returns more meaningful than bank interest, without sacrificing account safety. No promises of quick doubling. Just long-term capital protection and risk control.

Additional User Reviews

★★★★★ “The live signal sold me.”
I watched the signal for two months before buying. 329% growth with 97% win rate isn’t fantasy — it’s verified on MQL5. My live results are matching closely. Finally an EA where the signal reflects reality.
— Marcus T., Frankfurt

★★★★★ “Honest developer, honest product.”
Refreshing to see a developer who admits backtests don’t tell the whole story. The live signal is what matters, and Goldwave’s signal is exceptional. Support responses within hours.
— Yuki N., Tokyo

★★★★☆ “Low frequency but high quality.”
Only 7 trades per week average. If you want constant action, look elsewhere. If you want 97% win rate and controlled risk, Goldwave delivers. Only 4 stars because I want more trades.
— Carlos M., Madrid

★★★★★ “10.54 profit factor in live trading.”
Most EAs show great profit factor in backtests, terrible in live. Goldwave’s 10.54 profit factor IS the live result. That’s what sets it apart.
— Sophie R., Paris

★★★★★ “Capital protection first.”
No martingale, no grid, one position at a time. Finally an EA designed for traders who’ve been burned by aggressive systems. The 15% max DD is real and controlled.
— David L., Singapore

Who Should Use This EA?

Goldwave is ideal for traders who:

• Prioritize risk control over frequent trading
• Can accept periods of waiting and drawdowns
• Prefer automated systems with clear, explainable logic
• Value live results over impressive backtests
• Want capital protection without sacrificing returns

It is NOT for traders who:

• Want daily trades and constant action
• Expect overnight wealth
• Can’t tolerate any drawdown periods

Technical Requirements

• Platform: MetaTrader 4 or MetaTrader 5
• Instrument: XAUUSD (Gold) only
• Recommended Timeframe: M1 (for faster signal detection)
• Minimum Deposit: $500 recommended
• Broker: ECN/RAW spread broker recommended (IC Markets on signal)
• Leverage: 1:500 used on live signal
• WebRequest: Required for news filtering (enable in MT5 settings)
• VPS: Recommended for 24/5 operation

Important Note on Backtesting

Goldwave uses AI-assisted adaptive logic and news filtering via WebRequest, which cannot be replicated in Strategy Tester. Backtest results will differ from live trading behavior and should not be used as the main evaluation reference.

The live signal is the proof. 329% growth, 97% win rate, 10.54 profit factor — verified over 8 months on IC Markets.

Conclusion

Goldwave EA for MT5 proves that real trading performance matters more than perfect historical curves.

The live signal tells the complete story: 329% growth with 97% win rate and 10.54 profit factor over 8 months. These aren’t backtest numbers — they’re verified results on IC Markets. No grid, no martingale, no averaging down. Just AI-assisted adaptive logic that trades one position at a time with disciplined risk control.

Developer Shengzu Zhong brings 16+ years of experience and a refreshingly honest philosophy: he explicitly emphasizes live results over backtests because the EA’s WebRequest-based features can’t be replicated in historical testing. When a developer tells you NOT to trust backtests and shows you verified live results instead, that’s credibility you can’t fake.

45 purchases per month and 8 five-star reviews validate that traders are getting real results. For Gold traders who prioritize capital protection, risk control, and verified live performance, Goldwave delivers exactly what it promises.

What Do You Receive?

– Goldwave EA for MT5 – Latest Version
– User manual and recommended settings
– Free lifetime updates