KT Gold Nexus EA Review – A Cutting Edge Trading Solution for Gold

The KT Gold Nexus EA is an expert advisor designed specifically for trading Gold (XAUUSD). Developed by KEENBASE Software Solutions, this EA aims to provide a sophisticated and robust trading solution for the precious metals market.

KT Gold Nexus EA

Download KT Gold Nexus EA

Overview and Key Features

The KT Gold Nexus EA utilizes a suite of 10 advanced trading strategies, each using diverse technical indicators to identify trading opportunities. The key benefit of this approach is minimizing correlation between the strategies, allowing more consistent performance across different market conditions.

Some standout features of the KT Gold Nexus EA include:

  • Combination of 10 non-correlated trading strategies for robustness
  • Custom-built specifically for Gold trading
  • Uses no risky methods like martingale or grid trading
  • Protects every trade with stop loss and take profit levels
  • Regular updates and new features added by the developer

Trading Logic and Strategies

The KT Gold Nexus EA is designed for the 4-hour timeframe on the XAUUSD pair. It identifies potential trade setups using an array of indicators like Moving Averages, RSI, Stochastics, ADX and more.

The expert advisor then analyzes price action and other market factors to determine high-probability entry and exit points. Some of the logic involved includes:

By combining signals from multiple non-correlated strategies, the EA aims to maximize trading opportunities in the Gold market.

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KT Gold Nexus EA Performance and Backtests

Extensive backtesting from 2011 to 2023 shows that the KT Gold Nexus EA has produced consistent profits over long periods. Key metrics include:

  • Total net profit over 450%
  • Maximum drawdown under 30%
  • Profit factor above 2.0
  • Positive result on 92% of trades

These stellar backtests indicate that the EA has the potential to perform well in live markets. It uses no risky methods like martingale that look good in backtests but fail in live trading.

Using the KT Gold Nexus EA

The KT Gold Nexus EA works on the MT4 and MT5 platforms. You can use it with any reputable broker, as it does not depend on any special broker conditions.

Some tips for getting good results:

  • Start with the minimum recommended balance of $1000
  • Use an ECN broker with tight spreads and good execution
  • Run it 24/5 as it is optimized for the 4-hour timeframe
  • Start with default settings and optimize later if required

Be sure to use a demo account first to get comfortable before going live.

Pricing and Purchase

You can purchase the KT Gold Nexus EA for $249 from the MQL5 market. This provides a lifetime license for one real and unlimited demo accounts.

The developer also offers occasional discounts and free bonus EAs for buyers. So it pays to keep an eye out for promotions.

KT Gold Nexus EA – The Verdict

For traders looking to capitalize on gold price movements, the KT Gold Nexus EA provides a robust solution. With long-term profitability across over a decade of backtests, it has real potential for live trading as well.

For $249, you get a cutting-edge expert advisor designed specifically for the gold market. The combination of multiple trading strategies also gives an edge across different conditions.

Overall, the KT Gold Nexus EA is a worthy addition for any serious gold trader’s toolbox.

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 | Linkedin | Youtube| Twitter | Pinterest | Medium | Quora | Reddit | Telegram Channel

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