Description

XAUUSD Price Action Trading Bot for cTrader is a smart and adaptive automated trading system designed specifically for Gold (XAUUSD).
It applies pure Price Action analysis — identifying structure shifts, breakouts, and momentum setups — to deliver accurate and consistent entries.

This bot does not use Martingale or Grid strategies. Every position is protected with a clearly defined Stop Loss and Take Profit, ensuring disciplined and transparent trade management.

Optimized for the M1 timeframe, it adapts dynamically to XAUUSD’s volatility and market behavior, maintaining consistent performance with minimal drawdown.
Ideal for traders who seek a fully automated system that combines precision, safety, and profitability.

Note: If you do not wish to trade during periods of high-impact news, please close your positions before such news is released. If you do not wish to trade on weekends, please configure the settings under "Non-Trading Time."

Key Features

• Pure Price Action Logic – Trades based on candle structure, support/resistance zones, and breakout confirmations.
• Fully Automated for cTrader – No manual input required once configured.
• Smart Risk Control – Adjustable stop loss, breakeven, trailing stop, and dynamic risk per trade.
• No Martingale / No Grid – All trades have clear Stop Loss and Take Profit levels.
• High Precision Entries – Avoids false signals with multi-bar confirmation logic.
• Adaptive to Volatility – Automatically adjusts behavior to Gold’s unique volatility profile.
• Customizable Parameters – Fine-tune entry filters, risk management, and trade frequency.

Performance Highlights

• Precision in Volatile Markets: Specifically tuned for Gold’s fast price movements, capturing high-probability setups with precise timing.
• Strong and Consistent Results: Performs reliably across trending and ranging conditions using multi-bar confirmation logic.
• Low Drawdown & Controlled Risk: Built-in breakeven, trailing stop, and capital protection mechanisms keep drawdowns minimal.
• High Reward-to-Risk Ratio: Focuses on clean price action breakouts and momentum continuation trades.
• Extensive Backtesting: Validated over multiple years of XAUUSD data under various market conditions, spreads, and liquidity.
• Dynamic Adaptation: Automatically adjusts to Gold’s volatility profile and session behavior.
• Fully Automated Trading: Once configured, the bot manages entries, exits, and risk handling with no manual input required.

Why Choose This Bot

If you value smart automation with a professional price action edge, this bot delivers a blend of precision, safety, and profitability.
Ideal for traders who want consistent exposure to Gold without emotional trading or over-optimization.

⚙️ Settings Guide

Main Settings

• • Capital Management
    Choose how the bot calculates position size:
  • • Risk: Calculates lot size based on a percentage of account balance.
    • Fixed: Uses a fixed dollar amount per trade.
  • Risk %
    Defines the percentage of account balance to risk on each trade when using “Risk” mode.
    Example: 2 = risk 2% of balance per position.
  • Fixed Money (USD)
    The fixed dollar amount used per trade when “Capital Management” is set to Fixed.
  • Max Lots (Lots)
    Maximum total lot size allowed for open trades. Prevents over-leverage and protects account capital.
  • Max Orders
    Maximum number of simultaneous open positions. Once reached, the bot will not open new trades until one is closed.
  • Number of TP times
    Defines how many partial take-profit levels the bot uses. For example, 6 means the bot can close a portion of the position across 6 profit targets.
  • Order Type
    Defines the trading direction:
  • • OneDirection: The bot trades only in one direction (Buy or Sell) at a time.
    • BothDirections: Allows trading both long and short at a time.
    • BuyOnly: Only allows long trades.
    • SellOnly: Only allows short trades.

Non-Trading Time (UTC)

• • Set Non-Trading Time
    Enables or disables the non-trading period feature.
  • • Yes: The bot will pause trading during the defined time.
    • No: The bot trades continuously.
  • Day of Week
    Select which days the bot should stop trading — e.g., Weekend to avoid low-liquidity sessions.
  • Period (hh:mm)
    Defines the daily time window (in UTC) during which the bot will not trade.
    Example: 20:00 – 00:00 prevents new entries from 8 PM to midnight UTC.
  • Close Existing Orders
    Choose how to handle open positions when the non-trading time starts:
  • • Profitable: Closes only trades currently in profit.
    • All: Closes all open trades regardless of profit/loss.
    • No: Keeps all trades open.

🧭 Recommended Setup

• Symbol: XAUUSD (Gold)
• Timeframe: M1 (1-Minute Chart) — optimized for short-term precision entries.
• Leverage: Minimum 1:100 recommended for optimal position sizing and flexibility.
• Broker: Tested and optimized on ICMarkets for low spreads and fast execution.
• Account Type: ECN or Raw Spread account preferred.