The Friday drawdown, was quite unexpected, especially considering our thorough testing and successful live performance thus far.
With more than 9 years of live trading accounts and over 20 years of rigid backtest results, we had not encountered such a force majeure event before in either live trading or backtests.
We are currently investigating the root causes of this issue. It could stem from various factors, such as compatibility issues with a new MetaTrader build or undetected errors in our system.
We are diligently examining all possible reasons and will address all identified issues promptly.
The update will contains enhanced protections against such force majeure events, including setting a daily maximum drawdown as a percentage of the account equity and other safeguards.
It will be released in the coming days.
We are confident that these measures will elevate Forex GOLD Investor to one of the safest EAs available on the market.
It is important to note that while a non-grid EA cannot provide absolute immunity to all potential future events.
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UPDATE: The new version is released please check this post from our blog: https://www.forexgoldinvestor.com/blog/new-updated-version-with-drawdown-protection-functions-7