📋 GoldWick v1.0 — cBot for XAU/USD
GoldWick is an automated cBot specifically designed to trade gold (XAU/USD) on cTrader. It uses an advanced trend-following strategy based on dynamic market momentum analysis, combined with a multi-layer filtering system to optimize entry signal quality.
----
🎯 Strategy type and trading approach
Trend-following strategy
Momentum analysis powered by a proprietary detection engine
Logic specifically adapted to gold's characteristics (volatility, active sessions, etc.)
Configurable price source (Close, Open, High, Low, Median, Typical, Weighted)
----
⚡ Execution behavior
Two execution modes available:
Market Order: immediate entry on signal
Pending Order: Stop or Limit order placement
Configurable cooldown between trades to prevent overtrading
----
🛡️ Risk and capital management principles
Flexible TP/SL with two modes
Automatic swap protection (closes positions before swap time)
Maximum spread filter to avoid unfavorable conditions
Time filter (trades only during configured sessions)
Configurable daily trade limit
Configurable maximum concurrent positions
----
👤 Target user:
Trader profile: intermediate to advanced algo trader
Required experience level: basic knowledge of cTrader and automated trading
Recommended account size: minimum $1,000 (to be adjusted based on backtest)
Recommended broker: IC Markets with low spread on XAU/USD
----
📊 Usage recommendations:
Pair: XAU/USD (Gold)
Recommended timeframe: to be determined via backtest (M15, M30, H1, etc.)
Backtest performed on: IC Markets from 2023 to present, using real server tick data (high-precision backtest)
