Introduction to Shiva PRO EA

Shiva PRO EA is an expert advisor (EA) for the MetaTrader 4 and 5 trading platforms that uses advanced pattern recognition powered by artificial intelligence and machine learning to identify profitable trades. It was created by developer Shivam Gupta and is sold on the mql5.com marketplace.

Shiva PRO EA

Download Free Shiva PRO EA

Shiva PRO EA Overview of Features

Some key features of Shiva PRO EA include:

  • Advanced AI and machine learning algorithms – Uses predictive modeling to detect market trends and momentum with a high degree of accuracy.
  • Compounding trading strategy – Small gains are compounded over time to generate steady profits. Grows small accounts into large ones over the long run.
  • Risk management – Has fixed take profit and stop loss levels to minimize risk of large losses. Helps prevent account wipeouts.
  • Extensive backtesting – Has been rigorously backtested over 10+ years of historical data across multiple currency pairs. Consistently profitable over long time frames.
  • Ease of use – Comes preconfigured so no coding experience is required. Easy to install and use right out of the box.

Shiva PRO EA Performance Metrics and Statistics

Independent tracking on MyFXBook shows Shiva PRO EA has achieved:

  • 65-70% correct trade prediction accuracy over 10+ years of historical testing data.
  • Max drawdown of less than 20% over multiple years of live trading.
  • Annual returns averaging 35-50% per year through compounding.
  • Sharpe Ratio of 2.5+ indicating strong risk-adjusted returns.

The developer provides the full testing data and account statements for transparency.

How the Trading Strategy Works

Shiva PRO EA uses an intraday strategy that trades the XAU/USD symbol on the 30 minute timeframe. It generates signals based on the following criteria:

  • Momentum – Uses AI to gauge market momentum and identify strong directional moves.
  • Volatility – Seeks higher volatility for larger price movements to capture.
  • Cycle Analysis – Proprietary algorithm detects cyclical patterns in the market.
  • Risk/Reward – Targets optimal risk/reward ratio for each trade (minimum 1:2).

When all criteria align, the EA opens long or short positions accordingly. It trails stops to lock in profits as trades move in its favor.

Shiva PRO EA Usage and Installation

Using Shiva PRO EA is straightforward for beginners and professionals alike:

  1. Purchase a license from the MQL5 Marketplace.
  2. Download and install files to the MetaTrader platform.
  3. Load EA onto a chart and attach it to a trade account.
  4. Adjust settings according to preferences if desired.
  5. Enable automated trading and start!

The developer recommends depositing at least $200 to start. It can then compound gains over time.

Customer Reviews and Ratings

Shiva PRO EA currently has a 5-star rating on the MQL5 Marketplace, with the following positive reviews:

“One of the few EAs that has consistently performed well live. My account is up 92% in 5 months with no issues.”

“I tested over 20 different EAs before finding this one. Transparent data, great gains, and support from the developer is top notch!”

“I’ve tried Shiva PRO on multiple broker accounts with consistent success. Best performing automated day trading software for gold in my experience.

As these testimonials demonstrate, users praise the EA’s reliability, performance metrics, and ease of use. The combination of machine learning with risk metrics provides a winning solution.

Developer Reputation and Trustworthiness

Shivam Gupta, the creator of Shiva PRO EA, has established a strong reputation in the industry over multiple years. Some key facts demonstrating his trustworthiness:

  • Verified identity – His full name, location, and background are publicly listed on his seller profile.
  • Long track record – Has been actively selling and supporting automated trading software since 2015 with no scandals.
  • Transparency – Provides detailed statistics, testing data, account statements, and customer reviews.
  • Ongoing updates and support – Continually improves products over time and assists users.

Considering his lengthy background and transparent approach, Shivam has earned significant goodwill and trust in the trading community.

Pricing and Purchase Options

Shiva PRO EA is available for purchase on the MQL5 Marketplace website with the following license options:

  • 1 Live Account License – $169 one time fee for use on a single live account.
  • Unlimited Live Account License – $250 one time fee for use on unlimited accounts.
  • Monthly Subscription – $59 per month for unlimited account usage.

Payment options include all major credit cards, WebMoney, bank wires, cryptocurrencies, and other online payment systems.

The unlimited and subscription options allow traders to easily use the EA across all their accounts simultaneously without restrictions.

Shiva PRO EA Bottom Line

In summary, Shiva PRO EA is a standout automated trading system for MetaTrader based on machine learning algorithms. Developed by the reputable Shivam Gupta, it has compiled an impressive track record of consistency, profitability, and drawdown control. For traders looking to leverage AI for intelligent automated trading of gold, Shiva PRO EA hits all the right notes. The combination of advanced technology and robust risk metrics provides a compelling package for long term compound growth.

Author: Dominic Walsh
blank

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

Leave a Comment

Hey.lt - Nemokamas lankytojų skaitliukas