AurumWave Gold EA
The risks that are specific to AurumWave Gold, the MT5 gold EA that trades trend pullbacks and manages each setup as a group of trades. Read this with the company-wide Risk Disclosure, which also applies. Last updated 17 October 2026.
AurumWave uses a limited averaging approach. When price moves against a trade, it can add capped follow-up trades in stages and then closes the whole group together. A strong one-way move against a group can produce a loss much larger than a single stop-loss trade would, and a bad run can erase many earlier gains. If you want a fixed, known loss on every trade and no averaging, see Aurivo Gold instead.
The Equity Guard limits how much a group of trades can lose. It works only while MetaTrader 5 is running and connected to your broker. In fast markets, gaps or around news, your broker can fill orders at worse prices (slippage), so the loss when the guard acts can be larger than the level you set. It reduces the chance of a runaway loss; it does not make one impossible.
There are four profiles: Safe, Balanced, Aggressive and Extreme. Higher profiles use larger lots for the same balance and accept deeper drawdowns for the chance of higher returns. Choose by the drawdown you could accept in real money, not by the return. If in doubt, start with Safe on a demo account. The backtested drawdown of every profile is on the backtest page.
The published backtest uses a $1,000 cent account (100,000 USC) on XAUUSD H1, with 100% real ticks and the default settings of version 1.2, over one window: 1 October 2025 to 30 September 2026. One window can flatter a strategy, and that year was strong for gold. Standard USD accounts size lots differently from cent accounts (the broker minimum lot applies), so the percentages do not carry over. Past and simulated results do not guarantee future results.
A cent account is recommended for balances up to about $5,000. From about $15,000 a standard account is recommended, because the default 5.00 lot caps are small for a large cent balance.
AurumWave needs a MetaTrader 5 hedging account with XAUUSD and runs on the H1 chart. It can only manage trades while MetaTrader is open and online, so use a VPS if you cannot keep a computer on all week. Platform, power, internet or broker problems can leave a group of trades unmanaged. Software can contain errors and is provided "as is".
AurumWave Gold is not for you if you expect guaranteed income, use MT4, want to trade other symbols, or trade in a prop firm programme that restricts averaging. Check your prop firm's or broker's rules before you use it.
Use the free demo EA on a demo account or in the Strategy Tester before using real money. Each demo file works for 120 days on a demo account.
TradeLytics sells software and publishes information. We are not a broker or financial adviser, and nothing here is investment advice. The company-wide Risk Disclosure, the Terms of Service and the refund policy also apply.