Atomic79 EA – An In-Depth Review

The Atomic79 EA is an expert advisor designed exclusively for trading gold (XAUUSD) on the MetaTrader 4 and MetaTrader 5 platforms. Created by developer Enrique Enguix, Atomic79 leverages custom indicators and averaging techniques to automate entries and exits in the gold market.

After carefully reviewing Atomic79 across key criteria, here is a comprehensive overview of this EA’s features, performance statistics, pros and cons, and overall suitability for gold traders.

Atomic79 EA

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Overview of Features

Atomic79 is powered by the proprietary iTREND custom indicator, which analyzes price action and volatility to identify trading opportunities. The EA opens positions based on signals from five unique entry strategies that are built on top of iTREND:

  • iTREND Breakout
  • iTREND Extreme
  • iTREND Regular
  • iTREND Safe
  • iTREND Turbo

These entry techniques allow Atomic79 to capitalize on different types of market conditions to maximize trades.

The EA also leverages averaging methods through its Power Buy and Safe Buy features. These tools open additional positions in the direction of the initial trade at predefined intervals to lower the average entry price.

For risk management, Atomic79 has in-built filters to avoid trading during high impact news events like Non-Farm Payrolls. Traders can also choose between two operating modes:

  • Turbo: More aggressive with tighter stops. Higher risk but also higher reward potential.
  • Safe: More conservative with wider stops. Lower risk but also lower reward potential.

Overall, Atomic79 aims to identify high-probability setups in the gold market and properly size positions to balance risk and reward.

Backtest Results

Extensive backtests from 2008 to 2022 show Atomic79 generating consistent profits over long test periods.

On a demo account with default settings, the EA achieved 1184% total return over 15 years. This equates to around 79% annual returns with a max drawdown of 36.8%.

The backtests were conducted across every tick and used real ticks data from Dukascopy to simulate live market conditions. Positive results across over a decade of varying market environments demonstrate Atomic79’s robustness.

Live Performance

The Atomic79 sales page shows account statements from live trading. There is transparency around which broker, account type, timeline, and settings were used in each statement.

For example, one statement shows $15,310 profit in 3 months of live trading Atomic79 on an XM Zero account. This equates to 285% returns over the period.

Statements are also available for other brokers like Hugosway, Exness, and Eightcap which show consistent profits. Overall, live results mirror the strong backtests.

Pros of Atomic79 EA

  • Custom-built indicator: Atomic79 trades based on the proprietary iTREND indicator, giving it an edge over EAs relying on standard indicators.
  • Multiple entry signals: With 5 entry techniques, Atomic79 can adapt to changing market conditions.
  • Averaging features: Power Buy and Safe Buy improve trade management for positive expectancy.
  • Numerous trading pairs: The EA works on multiple gold trading instruments like Gold vs AUD, EUR, GBP.
  • MT4 & MT5 versions: Atomic79 is available for both MetaTrader platforms.

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Cons of Atomic79 EA

  • Only works on gold: Atomic79 is specialized for gold so traders need other EAs for different markets.
  • Requires VPS: Running Atomic79 24/7 needs a Virtual Private Server which is an added cost.
  • No free trial: There is no free demo version to test – traders must purchase the EA.

Final Verdict

Atomic79 is one of the top gold trading EAs available today. Both backtesting and live results showcase its ability to generate triple-digit returns consistently.

While the $299 price tag has risen from the initial $199, Atomic79 still offers good value given its performance and features. For active gold traders, this EA should definitely be on the shortlist.

Author: Dominic Walsh

I am a highly regarded trader, author & coach with over 16 years of experience trading financial markets. Today I am recognized by many as a forex strategy developer. After starting blogging in 2014, I became one of the world's most widely followed forex trading coaches, with a monthly readership of more than 40,000 traders! Make sure to follow me on social media: Instagram | Facebook | Youtube| Twitter | Pinterest | Medium | Quora | Reddit | Telegram Channel

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