Strategy Type & Trading Approach

DragonH4GoldEA is a trading robot designed for Gold on the H4 timeframe. It uses a trend-following strategy with a volume-scaling approach to optimize trading opportunities. The robot includes multiple filters to identify strong trends and manage risks effectively.

Entry Logic & Execution Behaviour

The robot opens one trade per new H4 bar based on market momentum. It offers three trading modes: Buy only, Sell only, or Auto (automatically determines direction based on market trends). The robot uses advanced filters, such as moving averages, trend strength, and volatility indicators, to ensure high-quality trade entries. If the market moves against an open position, the robot adjusts the trade size to optimize recovery.

Risk & Capital Management Principles

The robot dynamically adjusts its trade parameters based on the current Gold price, ensuring adaptability to market conditions. It includes built-in equity protection to close all trades if losses exceed a set percentage of the account balance. A maximum trade size limit is also enforced to prevent excessive risk.

Key Trade Parameters

• Lot Sizing: Configurable base lot size with options for automatic adjustment based on account balance or market volatility.

• Martingale Settings: Adjustable aggressiveness and maximum trade size.

• Dynamic Scaling: Automatically adjusts trade parameters based on Gold price levels.

• Risk Management: Equity stop-loss and margin checks to protect your account.

• Filters: Optional trend, RSI, and ATR filters for precise trade entries.

Who This Bot Is Best Suited For

This robot is ideal for experienced traders who understand the risks of volume-scaling strategies. A minimum account size of $3,000 is recommended, with a starting lot size of 0.01. It is best used as part of a diversified trading strategy.

Important Limitations & Usage Notes

This robot employs a volume-scaling strategy, which can lead to significant drawdowns during prolonged adverse trends. It is designed exclusively for Gold and may require optimization for other instruments. Always test on a demo account before live trading and use appropriate risk management.