Loading...
WaveGold EA (MT5) — review, price and free alternatives
MT5 expert advisor$50 on MQL5by Fernando De Paljla Silva
WaveGold EA is a MetaTrader 5 expert advisor by Fernando De Paljla Silva, sold on the MQL5 Market for $50. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
WaveGold EA — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Expert advisor
- Instrument named in the listing
- XAU/USD (gold)
- Developer
- Fernando De Paljla Silva
- Price
- $50
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded WaveGold EA on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
WaveGold EA is a professional trading system designed specifically for the XAUUSD (Gold/USD) market.
Before you buy WaveGold EA
What the developer claims
- Utilizing a sophisticated confluence of multiple technical indicators, price action analysis, and adaptive filters, the EA identifies high-probability trading patterns to generate precise entry signals.
- Developed with safety and reliability as core principles, WaveGold EA employs no artificial intelligence, martingale, grid trading, or other risky strategies.
Quoted from the listing. We have not tested these claims.
What to check first
- A live track record. Ask for an MQL5 signal on a real account, ideally three months or longer. Back-tests and screenshots are not a track record.
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT5 expert advisor in the Strategy Tester before you buy.
- How it handles losing trades. The listing mentions grid trading. Find out how far it adds to losing positions and what the worst drawdown was.
- Broker conditions. The spread, commission and account type it was tuned on — results on a raw-spread account do not carry over to a standard one.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on WaveGold EA
Compiled from its public MQL5 listing. FxRobotEasy has not traded WaveGold EA; what these notes say about how it works comes from that listing.
Overview
WaveGold EA by Fernando De Paljla Silva represents a comprehensive automated trading solution for MT5 traders. What sets WaveGold EA apart is its balanced approach to trade execution and capital preservation.
Risk notes
WaveGold EA implements a moderate risk profile with configurable parameters for different trading styles. The system uses stop losses on all positions and employs dynamic position sizing based on account equity. Recommended minimum account size ensures proper risk distribution.
Listed strengths
- MT5 platform compatibility
- Developed by experienced Fernando De Paljla Silva
- Includes risk management features
Worth checking
- Requires adequate account capital
- Not suitable for all market conditions
- Needs proper configuration
Setup
Installing WaveGold EA on MT5 requires copying the EA file to your platform's Experts directory. After restart, attach to appropriate charts and configure risk parameters. Always backtest with historical data before live deployment.
Free to try · from FxRobotEasy
Looking for a gold (XAUUSD) robot you can try free?
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
GoldStrike AIby FxRobotEasy
Our XAUUSD (gold) robot — an ML model picks the market regime
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick GoldStrike AIIt starts on a free demo account: virtual money, every trade visible.
FxRobotEasy on Telegram
The team's notes, every day
- What we ship, what breaks and how we fix it
- GoldStrike AI in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
WaveGold EA or GoldStrike AI?
| WaveGold EA | GoldStrike AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($50) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Fernando De Paljla Silva | FxRobotEasy |
WaveGold EA — questions
What is WaveGold EA?
WaveGold EA is a MetaTrader 5 Expert Advisor (trading robot) published on the MQL5 Market by Fernando De Paljla Silva, priced at $50 USD. As an Expert Advisor it can open and manage positions on its own once it is attached to a chart and algorithmic trading is enabled in the terminal.
Does WaveGold EA work on MT4 or MT5?
WaveGold EA runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does WaveGold EA cost?
WaveGold EA is a paid product listed at $50 USD on the MQL5 Market, the price recorded when its listing was last checked on 2026-02-13. It is sold and downloaded through the developer's (Fernando De Paljla Silva) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for WaveGold EA?
FxRobotEasy has not traded WaveGold EA on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for WaveGold EA elsewhere comes from its developer or from a third party.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.