Shapire Effect: Automated MT5 Gold Scalper with Verified Performance Results

This Shapire Effect review in 2026 examines live account snapshots, backtests and third-party statistics to present a balanced performance analysis. Shapire Effect is priced at $799 and is authored by Ignacio Agustin Mene Franco, a developer known for MT5 expert advisors. The EA combines a simplified LSTM neural model with momentum and ROC indicators to detect micro-trends in XAUUSD and execute scalp trades with tight risk controls. The review highlights the EA's focus on high-frequency, low-duration trades and quantifies outcomes using win rates, average trade duration, and drawdown figures where available. What makes Shapire Effect unique is the blend of machine learning pattern recognition with classical momentum filters, which reduces false positives during choppy sessions. The algorithm computes short-term pattern likelihoods and requires momentum and ROC alignment before sending market or pending orders. This architecture performs best during active London and New York overlap sessions and on low-latency brokerage accounts. Ignacio Agustin Mene Franco configures default parameters for M1 to M15 charts, and the EA supports custom lot sizing, max daily trades, and spread limits for robustness. Risk management is central to Shapire Effect. The EA uses per-trade stop loss and dynamic position sizing based on account equity and configurable risk percentage. Expected performance characteristics include moderate win rates with small average profit per trade and low-to-moderate drawdowns when operated on recommended account sizes and brokers. The analysis remains cautious: results vary with broker spreads, slippage, and market news, so consistent monitoring and demo validation are advised before live deployment.