Description

SixtyNine EA Review – My Honest Explanation

The SixtyNine EA by Farzad Saadatinia is a gold trading system for MetaTrader 5. I tested it on a Vantage Markets live account with a $500 balance and 1:200 leverage. It trades XAUUSD only and runs on the H1 or H4 chart. The minimum deposit is $300 for testing profiles. The developer recommends $1,000 or more for balanced risk.

What caught my attention was the live signal. Most EAs show backtests. This one shows a real account with over 20 weeks of trading. The developer built the core logic over 3 years of personal use before selling it. That is a different level of transparency than most gold EAs on the market.

Vendor – MQL5 | More Update & Free EA – Telegram Channel

SixtyNine EA Live Result

I tracked the public MQL5 signal for SixtyNine EA. The account started with a $500 balance and used a fixed 0.02 lot size per trade.

1. SixtyNine EA MQL5 Live Signal | Check Live

Growth: +1168% | Maximum Drawdown: 23.3% | Profit: $1988.17 | Initial Deposit: $506.38

As of September 2026, the signal shows a growth of 1,168.12% with an absolute gain of 268.58%. The account has 463 closed deals with a 61.12% win rate. The profit factor is 1.92. The Sharpe Ratio is 0.26.

The drawdown tells the risk story. Relative drawdown by balance reached 23.29%. Maximal drawdown was 267.78 USD (12.02%). The signal also carries an MQL5 warning: “Too much growth in the last month indicates a high risk.” That is the platform itself flagging the account.

The developer has been responsive. When one user complained about heavy losses, the developer pointed to the public signal and explained that gold has been in range-bound conditions with false breakouts. He encouraged users to judge the EA over a longer period.

Backtest Results

I reviewed backtest data provided for this EA.

The first backtest covers 2020/01 to 2026/02 on H4 with a 10,000 USD initial deposit. It shows a net profit of 1,039,284.85 USD. The profit factor is 3.64. Total trades are 2,108 with a 58.92% win rate. The maximum drawdown was 26.45%.

The second backtest covers 2025/01 to 2026/02 on H1 with a 1,000 USD deposit. It shows a net profit of 130,811.44 USD. The profit factor is 6.07. Total trades are 771 with a 66.28% win rate. The maximum drawdown was 26.21%.

These backtests use medium risk settings and show strong historical performance. Backtests do not guarantee future results.

Key Features

• 6 Integrated Strategy Layers – Multiple strategy layers work together to adapt to different gold market conditions.

• Predefined Stop Loss on Every Trade – No trade is opened without a stop loss. Clean risk structure.

• No Grid, No Martingale – The EA does not use grid, martingale, recovery systems, or position multiplication.

• Public Live Signal – A real $500 account with over 20 weeks of live trading and 500%+ growth.

• Buy and Sell Market Logic – Trades both bullish and bearish gold setups without opening opposite hedges.

• Trailing Stop and Take Profit – Every trade includes take profit, stop loss, and trailing stop protection.

• Custom Set Files – Set files prepared based on account size, risk level, and trading preferences.

• Challenge-Style Risk Profiles – Conservative profiles available for controlled exposure and prop firm style rules.

• Gold Optimized – Specifically calibrated for XAUUSD trading on MetaTrader 5.

• Flexible Schedule – Trade 5 days a week or customize specific days and hours.

Pros / Cons

SixtyNine EA Pros:

• Public live signal with over 20 weeks of real trading data.

• 6 strategy layers and clean no-grid execution.

• Developer offers personal support and custom set files after purchase.

• Affordable entry price at $299 compared to many gold EAs.

• 3+ years of personal use before public release.

• Responsive developer who addresses user complaints publicly.

SixtyNine EA Cons:

• AlgoCheck grades it “D” (31/100) with a “No ceiling on loss” risk class.

• Live signal drawdown reached 23.29%, higher than some traders expect.

• MQL5 signal page carries a “too much growth” high risk warning.

• One MQL5 reviewer reported heavy losses and turned the EA off.

• Only 10 activations and limited independent reviews available.

• VPS and ECN broker strongly recommended, adding ongoing costs.

Who Can Use This

This EA suits gold traders who want a live-tested system with transparent results. It is not for beginners who cannot handle drawdown. The live signal shows 23% drawdown and the signal page itself warns of high risk. If you need low-risk exposure, this is not the right tool. It fits traders with at least $300 to deposit and comfort with MT5. The custom set files make it adaptable for different risk profiles. The developer’s personal support is a real benefit for traders who want guidance.

• Traders with a minimum $300 account balance.

• Gold (XAUUSD) traders on MetaTrader 5.

• Traders who value live signal proof over backtests alone.

• Prop firm challenge participants using conservative profiles.

• Traders who understand drawdown and risk management.

How to Install SixtyNine EA

1. Purchase SixtyNine EA and download the files.

2. Copy the EA file into your MetaTrader 5 Experts folder and restart MT5.

3. Open a XAUUSD chart on H1 or H4 and drag the EA onto the chart.

4. Enable Allow Live Trading and set your lot sizing mode (Fixed, Auto, or Risk of Previous Trade).

5. Message the developer after purchase to receive a custom set file based on your account size and risk preference.

Setup & Support – Steven A (Owner Of 99vipea.com)

Risk Disclaimer

Trading foreign exchange and CFDs on margin carries a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. The live results shown are from the public MQL5 signal and have not been independently audited by me. Backtest results are historical and do not guarantee future performance. The signal page itself carries a “too much growth indicates high risk” warning. You should only trade with money you can afford to lose. Seek independent advice if necessary.

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Reviewed By – Liam N