Gold Raijin is an automated fractal breakout cBot designed specifically for XAUUSD (Gold).

STRATEGY TYPE

Fractal-based breakout. The bot identifies local highs and lows using N-bar fractals 

and places pending Stop orders at breakout levels.

ENTRY LOGIC

• Detects fractal high and low from recent bars

• Places Buy Stop above the high and Sell Stop below the low

• When one order triggers, the opposite is cancelled automatically

• Orders are refreshed on every bar close

RISK MANAGEMENT

• Auto mode: lot size calculated based on % risk of account balance

• Fixed mode: manual lot size

• SL and TP defined as % of price (scales naturally with gold price)

• Built-in trailing stop with configurable distance and trigger level

• Time filter: restrict trading to specific hours

• Daily profit target in $: closes all positions once the goal is reached

WHO IT'S FOR

• Account size: $500+

• Intermediate to experienced traders

• Best suited for Raw/ECN accounts (IC Markets, Pepperstone, etc.)

• XAUUSD only — recommended timeframe: H1

DISCLAIMER

Backtest results do not guarantee future performance.

Always test on a demo account before going live.