Goldfish Expert: Automated MT5 trading with verified XAUUSD results for steady returns

Goldfish Expert review for 2026 provides a focused performance analysis of a gold-specialist MT5 expert advisor. The opening review and performance analysis use both backtest and verified live account data to illustrate typical trade outcomes, drawdowns, and monthly returns. Goldfish Expert is unique in its strict design constraints: it targets only XAUUSD, avoids risky scaling techniques, and uses layered confirmation through indicators and price structure for entries. The algorithm evaluates trend direction, volatility bands, and candlestick structure to produce discrete entry signals and places fixed stop losses based on ATR multiples. Goldfish Expert handles trending and consolidation regimes by adjusting filter sensitivity and reducing exposure when volatility spikes. Fernando De Paljla Silva developed the system with explicit emphasis on risk transparency, so position sizing and stop choices are user-configurable in MT5 input parameters. The expected characteristics are moderate trade frequency, low to moderate drawdowns, and consistency over multiple market cycles when configured with conservative risk per trade. Users should expect occasional underperformance during major macro gaps, but the code’s safeguards and conservative sizing help contain losses without resorting to high-risk recovery methods.