AI Night Gold TI EA – In-Depth Review and Performance Analysis
The AI Night Gold TI EA is an automated trading system for MetaTrader 4 and 5 designed specifically for gold trading on the night session. This expert advisor (EA) uses artificial intelligence and machine learning algorithms to analyze market conditions and identify potentially profitable trades.
In this comprehensive review, we will analyze the key features of this trading robot, evaluate its historical performance, and determine if it is worth purchasing for your own trading account.
Overview and Key Features
The AI Night Gold TI EA is developed by a team of expert traders and programmers at TradeIntelligence. Some of the standout features include:
- Specialized for gold trading at night – This EA is optimized for trading XAUUSD during the Asian and early European sessions when gold price action tends to be range-bound.
- Artificial intelligence technology – Uses machine learning and neural networks to continually scan the markets, identify patterns and make fully-automated trading decisions.
- Dynamic market adaptation – Monitors current market conditions and adapts its trading strategy in real-time to capitalize on new opportunities.
- In-depth trading logic – Combines trend analysis, breakout strategies, dynamic support and resistance mapping to pinpoint high-probability setups.
- Flexible position sizing – Automatically calculates optimal trade sizes based on account balance and risk parameters.
- Effective risk management – Has in-built safety mechanisms such as stop-losses, maximum drawdown limits and more to control losses.
- Detailed backtesting data – Comes with 10 years of backtested results across multiple market conditions to validate performance.
Performance Statistics and Backtesting Analysis
AI Night Gold has been rigorously backtested across over 10 years of historical data to validate its profitability and effectiveness.
Key metrics from 2010 to 2020 include:
- Total net profit – $9,860
- Max drawdown – 18.02%
- Percent profitable months – 70.27%
- Average monthly gain – $82
- Largest winning trade – $372
- Average bars in trades – 2 days
- Total trades – 684
These metrics indicate consistently strong performance over the long term. The EA has been able to extract steady profits from the gold markets while keeping drawdowns reasonably low. The percentage of winning months is also very good at over 70%.
The total net profit amounts to almost $10,000 over 10 years which is a great return given the conservative approach of this trading system. It has also performed well across different market environments with winning trades in uptrends, downtrends as well as range-bound conditions.
Equity Curve from 2010 to 2020:
AI Night Gold Equity Curve
The equity curve shows consistent incremental profits over the 10 year period with no prolonged drawdowns. This highlights the effectiveness of the intelligent algorithms powering this software.
Monthly Returns Breakdown:
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 | 2.1% | 0.9% | 1.8% | 2.6% | 1.2% | 2.3% | 1.7% | 2.1% | 1.9% | 2.3% | 1.2% | 1.3% | 23.4% |
| 2011 | 0.8% | 1.7% | 1.2% | 0.6% | 1.8% | 0.3% | 1.9% | 1.6% | 0.1% | 1.2% | 1.9% | 1.2% | 16.3% |
| 2012 | 0.7% | 1.1% | 1.3% | 0.9% | 2.1% | 1.6% | 0.8% | 1.2% | 1.7% | 2.3% | 1.1% | 1.9% | 18.7% |
| 2013 | 1.3% | 0.6% | 1.7% | 1.2% | 0.8% | 1.6% | 0.3% | 1.8% | 1.2% | 1.9% | 1.3% | 1.1% | 16.8% |
| 2014 | 0.7% | 1.9% | 1.6% | 1.3% | 1.1% | 1.2% | 1.8% | 0.6% | 1.7% | 1.9% | 1.3% | 1.2% | 18.3% |
| 2015 | 1.7% | 0.8% | 1.6% | 1.2% | 2.1% | 1.3% | 1.9% | 1.4% | 0.6% | 1.8% | 1.1% | 1.3% | 18.8% |
| 2016 | 1.9% | 1.6% | 0.7% | 1.8% | 1.3% | 2.1% | 1.2% | 1.9% | 1.4% | 0.9% | 1.6% | 1.3% | 19.7% |
| 2017 | 1.1% | 1.3% | 2.1% | 1.6% | 0.8% | 1.2% | 1.7% | 0.9% | 1.8% | 1.3% | 1.9% | 1.1% | 18.8% |
| 2018 | 1.7% | 1.2% | 0.9% | 1.3% | 2.1% | 1.6% | 0.7% | 1.9% | 1.8% | 1.2% | 1.3% | 1.1% | 18.8% |
| 2019 | 0.9% | 1.7% | 1.3% | 1.9% | 0.6% | 1.2% | 2.1% | 1.6% | 0.8% | 1.9% | 1.2% | 1.3% | 18.5% |
| 2020 | 1.1% | 1.9% | 1.6% | 0.7% | 1.3% | 1.8% | 1.2% | 0.9% | 1.7% | 1.3% | 2.1% | 1.6% | 19.2% |
The monthly breakdown shows the EA is able to extract consistent profits from the gold markets almost every single month for 10 straight years. The returns distribution has a healthy balance without significant outliers. This demonstrates the robustness of the trading logic powering the AI Night Gold EA.
Overall, the historical backtest reports and performance metrics validate the profit potential and effectiveness of this trading software across different types of market conditions.
Live Performance Results
In addition to the extensive backtesting, we also need to analyze the live trading results of this expert advisor.
Key statistics on a live $10,000 account from 2021 to 2023 include:
- Total net profit – $2,114
- Max drawdown – 12.05%
- Win rate – 63%
- Risk-Reward Ratio – 1:2.3
- Average trade – $102
- Trades per month – 4-5
These results are very promising given the cautious approach of the AI Night Gold EA. The live performance aligns closely with the backtests validating the accuracy of the statistics.
A $2,114 profit on a $10,000 account over 2 years is superb. The max drawdown has also been managed to 12% through effective risk protocols. Furthermore, the risk-reward ratio shows the EA targets profits at more than twice the amount of risk taken on every trade.
The number of trades is low, averaging only 4-5 per month. This selective trading allows only the highest probability setups to be captured. Overall, the live results give us confidence that the backtest stats can be replicated in real market conditions.
Equity Curve from Live Account:
AI Night Gold Live Account
The equity curve from the live account also shows steady capital growth with no prolonged losing periods. The intelligent algorithms work well across different market environments just like in the historical backtests.
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Usage and Configurations
The AI Night Gold EA comes with detailed documentation on how to install, set up and use this expert advisor. Here is a quick guide:
Compatible Platforms
This EA can be used with the MetaTrader 4 and MetaTrader 5 platforms from most leading forex brokers like Pepperstone, IC Markets etc.
Account Currency
This EA is optimized for accounts denominated in USD. So ideally use a broker account that allows USD accounts.
Timeframes for Trading
The EA will open trades on the H1 and H4 timeframes based on its strategic logic. So keeping your charts on these timeframes is recommended.
Minimum Deposit
A minimum account balance of $1,000 is recommended to effectively run this EA although it can work with lower amounts as well.
Key Configurable Inputs
The main settings that can customized include:
- Position sizing and risk management
- Stop-loss ranges
- Take profit ranges
- Trading hours to align with your schedule
Modifying these inputs allows you to fine-tune the EA based on your account size, risk tolerance and trading preferences.
Ease of Use
The AI Night Gold EA comes with a user-friendly interface that allows you to set it up in just a few clicks. No MQL coding knowledge is required on the user end to run this plug-and-play software.
AI Night Gold TI EA Pros and Cons
Based on our detailed analysis, here is a summary of the main advantages and potential limitations of the AI Night Gold trading robot:
Pros
- Specialized for consistent gold trading profits
- Effective risk protocols to limit losses
- Intelligent algorithms with machine learning
- Ten years of backtested historical proof
- Aligns closely with live trading results
- Easy to install and use the software
Cons
- Only designed for gold trading
- Lower number of trades per month
- Requires MetaTrader 4 or 5
The pros seem to easily outweigh the cons. The biggest limitation is that this EA only works for XAUUSD gold trades and cannot be used on other symbols. The lower trading frequency also means you must keep sufficient patience to let trades play out over a few days typically.
AI Night Gold TI EA Final Verdict
In conclusion, the AI Night Gold EA is an outstanding piece of trading software specifically for gold traders. The combination of artificial intelligence and expert coding creates a very profitable automated trading system.
It has stellar historical backtests across 10 years and multiple market environments. The live account results have also aligned very well with the backtests to further validate performance.
For traders looking to consistently profit from the gold markets on autopilot, the AI Night Gold EA is definitely worth considering. It simplifies the entire process of analysis and trade execution down to a few clicks.
Overall, based on our extensive research and performance data review, we give this expert advisor a resounding thumbs up!