GILA SIGNAL LAYER!!!! Telegram Channel Review: Not Great Accuracy, Weird Metrics

Today, we’re going to review another very popular free Gold Signals Telegram channel: SIGNAL LAYER GILA!!!!, after receiving loads of requests from readers and subscribers.

SIGNAL LAYER GILA!!!! claims that it is the go-to source for those who are interested in trading gold but don’t have the time. However, after peeking behind the curtain, we see that there is a huge discrepancy between the promise and the performance. The huge number of subscribers that don’t translate into actual engagement, combined with the win rate that remains well below the breakeven level, makes us think that this Telegram channel is not recommended for those who are thinking of subscribing.

Channel Overview:

Telegram Channel Link - https://t.me/SignalLayerGila

Metric	Description
Channel Name	SIGNAL LAYER GILA!!!!
Operating Since	28 January 2021
Subscribers	32,708 (High bot/fake ratio suspected)
Activity	~15 posts per day (Very Active)
Avg. Views	~1,900 (suggests most subscribers are fakes)
Main Market	Gold (XAUUSD)
Trading Style	Scalping (Asia Session)
Free Signals/ Day	~2
Free Education	No
Paid Services	Paid premium channel promotions
VIP Bot	No
Real Face/Person	No

Signal Layout and Trading Style

What makes the free XAUUSD signal group stand out from the rest is that, unlike the majority of the other Telegram channels, the signals are sent at a single price level, rather than at a price zone. This makes the trade much simpler, and the results are quite obvious.

Here is an example of the signal that the channel might send:

Gold Sell Now @5111

Sl 5120

Tp 5102

Although there are some signals that include two TP price levels, in the example provided here, there is only one TP level. The signal is quite simple and can easily be copied.

Performance Snapshot: Risk/Reward Reality

Even though the signal layout is quite simple and easy to copy, the results are not quite promising. We have backtested each free signal provided over the past six months. The average win rate is approximately 37%.

Free signals have around 0.8 to 1 Reward/Risk ratio. With the average accuracy of around 37%, the performance is poor in the long term. With a 37% winning rate, the trader must have at least a 1:2 Risk/Reward ratio. However, in this case, the ratio is less than 1:1 (0.8:1). It is better not to follow these signals blindly.

Core Issues and Bottom Line

Apart from the poor winning rate, there are other issues that make this signal provider unreliable.

• Fake Subscriber Count: It has around 32,708 subscribers, but the average views per post are around 1,900. This indicates that the subscribers are fake.

• Inconsistent Trade Management: It makes partial closes at arbitrary price levels. This is dangerous because the winning trades are not closed based on a fixed rule. It increases the risk of the traders who follow this signal.

Bottom verdict: Low trust

This channel has many signs of providing poor-quality signals. It has a poor winning rate, unfavorable risk-reward ratio, and fake subscribers. It is not safe to rely on this channel for live trading.

2/10 TRUST SCORE

You can use these signals as a rough guide for your own trading setups. However, we don’t recommend relying on these signals.