What's included
- Latest versionThe current build from the MQL5 Market
- Installed for youSet up in your MT5, usually within hours
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesAvailable instantly inside MT5, free
- Email supportHelp with setup and technical issues
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Selected Trustpilot feedback about CheaperForex support, setup and service.
GoldWave Ultra EA MT5
GoldWave Ultra EA MT5 brings selective gold trading, adaptive entries and configurable risk controls to XAUUSD.
- Gold specialist: M1 monitoring with a patient, opportunity-led trading approach.
- Independent positions: no grid, martingale or averaging down, according to the developer.
- Automated trade management: adaptive exits and real-time news filtering.
Original price was: $699.00.$379.95Current price is: $379.95.
- Current developer build from the MQL5 Market. Every future update lands inside your MT5 the moment the developer releases it, at no extra cost.
- We install it into your MT5 for you, usually within hours of purchase. See how it works
- Change your mind? Full refund within 7 days, as long as the EA has not been activated.
What's included
- Latest versionThe current build from the MQL5 Market
- Installed for youSet up in your MT5, usually within hours
- Installation guideStep-by-step PDF with screenshots
- Optimised presetsReady-to-use configuration files
- Future updatesAvailable instantly inside MT5, free
- Email supportHelp with setup and technical issues
GoldWave Ultra EA MT5 is a selective XAUUSD trading robot by Shengzu Zhong, the developer behind GoldWave and AXIO Gold. It combines adaptive entry decisions with configurable risk and automated exits, giving traders a gold-focused system that can wait for a suitable opportunity instead of constantly opening positions.
Gold trading with a more selective pace
- Adaptive entries: the developer describes an AI-assisted approach that assesses changing market conditions.
- Independent trade management: designed without grid, martingale or averaging down, with one active position under normal conditions.
- Automated exits: adaptive stop-loss and take-profit management, plus configurable exposure.
- Real-time filtering: news and market information accessed through WebRequest contribute to its decisions.
The recommended chart is XAUUSD M1. That is the monitoring timeframe, not a promise of high-frequency scalping. Quiet periods are part of the stated approach. See the official GoldWave Ultra listing for the developer’s description.
At a glance
| Edition | MetaTrader 5 Expert Advisor |
|---|---|
| Market / chart | XAUUSD (gold), M1 recommended |
| Account reference | Developer-recommended starting balance: $500. Appropriate sizing still depends on your broker and risk tolerance. |
| Trading conditions | ECN / RAW spreads, dependable execution, and a stable terminal or VPS connection. |
| Monitoring | Check the trading status, risk profile and WebRequest connection periodically. |
A public trading record you can inspect
The developer links Ultra to the established GoldWave signal on IC Markets. Our GoldWave Ultra review examines the current account figures, equity drawdown, customer feedback and how the new listing relates to the earlier GoldWave product.
A profitable historical record does not guarantee future results or identical results on another account. Gold can move sharply, and stops can slip. Review drawdown and losing trades as well as the growth curve.
Explore the GoldWave family
Compare the earlier GoldWave EA MT5 and its original GoldWave review, or explore sister product AXIO Gold EA MT5. Ultra has its own listing and review; shared developer branding does not make the products or their trading records interchangeable.
Delivery: managed MT5 installation arranged using your order’s README instructions. You receive the latest available MQL5 version and can check for and install updates yourself.
FAQs
Which market and chart does GoldWave Ultra use?
This is the MetaTrader 5 edition for XAUUSD, with M1 recommended. The chart frequency does not mean the EA must open frequent trades.
Does GoldWave Ultra use grid or martingale?
The developer specifies no grid, martingale or averaging down, with one active position under normal conditions. Independent trades can still lose, and a stop order does not guarantee its execution price.
Why can a backtest differ from live trading?
Some real-time functions rely on WebRequest, which is unavailable in the MT5 Strategy Tester. Historical testing therefore cannot reproduce every live input. That limitation does not itself prove a trading edge.
Is the GoldWave signal an Ultra-only track record?
No. The new Ultra listing links to the established GoldWave signal and states that it uses the same core trading logic. The record includes trading before Ultra was listed.
Which version do I receive, and can I update it?
Managed installation supplies the latest available MQL5 version. You can check for and install developer updates yourself at any time.
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How buying from us works
Genuine build, installed for you, refund if you change your mind
CheaperForex buys the current build from the developer's live MQL5 Market listing and installs it on your machine through a CheaperForex-managed MQL5 account. That is why the price is lower than buying direct: you get one managed installation on one Windows PC or VPS, rather than a purchase recorded in your own MQL5 account.
- 1Order and pay
Card, Apple Pay, Google Pay or crypto, with 20% off for crypto at checkout.
- 2We arrange the installation
We connect to your Windows PC or VPS at a time that suits you and set the EA up inside MT5, usually within hours of purchase.
- 3Activate on one machine
The EA runs on that PC or VPS, in up to 10 MT5 terminals, with no subscription. The managed MQL5 account stays signed in there.
- 4Every update, instantly
Each new version the developer publishes appears inside your MT5 straight away, at no extra cost. Setup help is available by email and Telegram whenever you need it.
Not happy, or decided you would rather not have us connect to your machine? Ask within 7 days of purchase and, as long as the EA has not been activated, you get a full refund. Once activated, the license is assigned to that machine and cannot be refunded.
The purchase is not added to your personal MQL5 account and does not appear in your MQL5 purchase history. The managed account stays signed in on the activated machine, so moving or reinstalling the EA is done with our help, which is included.
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Frequently Asked Questions
Yes! All products listed on our site are in stock and ready for immediate activation.
No waiting periods, no group buys. Purchase today, get it activated today.
Yes — this is a lifetime license. Once activated, it's yours permanently with no expiry, no renewals and no ongoing fees.
Each purchase covers a single computer activation. On that machine you can run it across multiple MT5 terminals and use it with as many broker accounts as you like. If you need it on a second computer, you'd need a second license.
Most customers install on a VPS they'll run for years and never need to think about it again. It's the trade-off for getting the same official product at a fraction of the MQL5 price.
You receive the official MQL5 license activated directly in your MT5 terminal, lifetime updates from the developer delivered automatically, and fast support from our team via Telegram and email.
If the developer provides any official user guides, presets or set files, we'll get them from the developer and send them straight to you. If the EA has an official community group, we'll do our best to get you access to that too.
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