Gold contrarian sign created by AI, completed, now free to distribute

“Take the method I devised, hand it over to AI, and have it become a functioning indicator” is the premise of this series, and the first installment is finally complete.

Here is a quick recap from last time.

#1-1｜Gold counter-trend method, AI created it and achieved a 64.7% win rate, I was astonished

We handed the gold counter-trend scalping method entirely to AI to create the minimum viable indicator. In the most recent 500 trades backtest, the win rate was 64.7%, PF 2.17, +203.8 pips.

And in this edition #1-2, we will distribute the completed version of the indicator for free.

Tool name: EMA Exhaustion Reversal v1.00

File format is .mq4 (for MT4).

Supported instrument is XAUUSD (Gold) recommended; it also works with other currency pairs.

Recommended timeframe is M5 (also usable on M1–M15).

Features are as follows.

Automatic display of buy/sell arrows

Arrows appear when the price deviates significantly from the moving average and a reversal candlestick forms. The arrows are separated for finalized candles (blue/red) and forming candles (light blue/orange), making it easy to read in real time.

TP/SL automatic display & result markers

When a signal occurs, TP line, SL line, and entry line corresponding to the current volatility are displayed on the chart. A green check marks TP reached, and a red cross marks SL reached automatically.

Backtest statistics panel

The most recent 500 trades (params adjustable) backtest results are displayed in the bottom-right of the chart. You can view trades count, win rate, total P&L pips, PF, expectancy, max drawdown, and average holding time at a glance.

Recommended lot calculator

Based on account balance and risk percentage (default 2%), the recommended lot size is automatically calculated according to current volatility.

Various notification features

Supports screen alerts, sounds, push notifications, and email notifications.