Local Piak Alert: Automated MT4 Gold Trading Assistant with Verified Performance

This 2026 review of Local Piak Alert presents a balanced performance analysis based on the indicator's logic, settings, and intended use on Gold (XAUUSD). The review includes backtest interpretation and practical observations from demo forward testing. Local Piak Alert highlights local peaks and issues sound alerts; this analysis focuses on signal quality, false positive control, and how the indicator integrates with MT4 order management. What makes Local Piak Alert unique is its narrow focus on XAUUSD and its simplicity. The algorithm uses trend-following concepts with two configurable period parameters commonly named Period = 50 and Period = 200, combined with Pips and Distance_Pips thresholds that default to 4000, which correspond to pip units used by many MT4 brokers for gold. The indicator is designed to open trades on the second signal in a series to improve confirmation and reduce whipsaws. Sergei Vassunov implemented audible alerts and arrows for immediate attention. Market conditions with clear directional movement and limited headline-driven volatility suit the indicator best. Risk management is primarily left to the trader, with an explicit recommendation to move positions to breakeven; expected performance characteristics include moderate win rates with positive expectancy when paired with disciplined position sizing and strict stop management.