Gold Edge (GU V2) is an automated trading bot (cBot) designed for the XAUUSD (Gold) market. It operates using a market-structure and swing-point detection approach, identifying swing highs and lows to analyze price structure. Trades are executed only when predefined risk criteria are met, including a fixed percentage risk per trade (default 2%) and a minimum reward-to-risk ratio (default 1.1). The bot sets stop losses automatically based on detected market structure and limits open positions to one at a time, avoiding strategies like martingale or grid trading.

Key configurable parameters include swing depth sensitivity, risk percentage per trade, minimum reward-to-risk ratio, and maximum open positions. The strategy focuses primarily on trend trading with medium trade frequency and scalping style on a 1-minute timeframe.

Backtesting from March 2014 to September 2026 on XAUUSD M1 data showed a net profit of 68,086.73 USD (681% return) with a profit factor of 1.13 and a maximum drawdown of 36.89%. Long trades contributed most to profits, while short trades were slightly negative. The bot supports continuous operation, including via cTrader Cloud.

This bot is suitable for traders comfortable with gold market volatility and drawdowns, with adjustable risk settings to manage exposure. It requires a low-spread broker due to gold’s volatility and spread widening around news events.