Smart Trade for Gold (XAUUSD) is an AI-powered automated trading bot designed for the cTrader platform, focusing exclusively on Gold (XAUUSD) trading. It operates continuously during market hours (24/5), automatically managing trade entries, exits, and risk controls without requiring user intervention. The bot employs a combined strategy of trend-following and reversal detection on 15-minute to 1-hour timeframes, aiming to identify optimal buy and sell opportunities.
Key features include built-in stop loss and take profit mechanisms, smart trend and reversal detection, and automated risk management to handle trades systematically. It supports various lot sizes with recommended minimum account balances starting at $250 for 0.01 lots, scaling up to $2,500 for 0.10 lots. The bot is optimized for use with leverage of 1:50 or higher.
Users are advised to avoid manual interference with open trades to allow the bot’s recovery logic to function effectively. The bot is suitable for traders seeking passive income through systematic gold trading without active management. It is not designed for scalping or high-frequency trading styles.