Description
GOLDEN TURTLE v3.0 โ Trend Following cBot for XAUUSD
GOLDEN TURTLE v3.0 is a long-only trend-following cBot designed specifically for Gold (XAUUSD) on the cTrader platform.
Inspired by classic Turtle Trading principles, this strategy focuses on capturing sustained bullish trends while controlling risk through ATR-based position sizing and dynamic stop management.
The cBot is optimized for traders who prefer systematic, rule-based trading with pyramiding into strong trends rather than frequent scalping.
๐น Strategy Logic
GOLDEN TURTLE v3.0 trades only in the direction of the dominant uptrend using a combination of:
- EMA trend filtering
- Golden Cross entry logic
- ATR-based risk management
- Pyramiding into winning positions
Trades are opened only when price structure and momentum align, helping to filter out sideways and low-quality market conditions.
๐ Entry Conditions
A new long position is opened when:
- Fast EMA crosses above Slow EMA (Golden Cross)
- Price is above the long-term trend EMA
- Minimum bars between trades condition is met
This ensures entries occur only in confirmed bullish environments.
โ Pyramiding (Position Scaling)
Once a position is active:
- Additional buy positions are added every ATR-based price advance
- Maximum number of units is configurable
- Each new entry locks in profits by adjusting stops upward
This allows profits to grow aggressively during strong gold trends while still controlling downside risk.
๐ Risk Management
- ATR-based initial stop loss
- Dynamic stop updates when pyramiding
- Stops are never widened, only tightened
- Configurable volume multiplier and max units
All risk parameters are fully adjustable to match different account sizes and risk profiles.
โ Exit Logic
Positions are closed when:
- Fast EMA crosses below Slow EMA (trend weakness detected)
This keeps the strategy aligned with medium- to long-term trend behavior rather than short-term noise.
โ๏ธ Key Features
- Designed specifically for XAUUSD (Gold)
- Long-only trend-following logic
- EMA-based trend and entry filtering
- ATR-based stop loss and scaling
- Built-in pyramiding system
- Fully parameterized for optimization
- Clean execution logic with bar-based decisions
๐ง Recommended Usage
- Timeframes: H1, H4
- Symbol: XAUUSD
- Best suited for trending market conditions
- Not designed for ranging or scalping environments
โ ๏ธ Disclaimer
Trading involves risk. Past performance does not guarantee future results. Always test on a demo account before using on a live account and adjust parameters according to your risk tolerance.
Summary
Risk is managed via ATR-based position sizing and stop losses, with dynamic stop adjustments that tighten but never widen. The cBot supports pyramiding, adding positions incrementally as the price advances by ATR multiples, allowing for scaling into strong trends while locking in profits. Positions are closed when the fast EMA crosses below the slow EMA, signaling trend weakness.
Key features include full parameterization for optimization, bar-based decision logic, and suitability for H1 and H4 timeframes. The cBot is optimized for trending market conditions on XAUUSD and is not intended for ranging or scalping environments. All risk parameters are adjustable to accommodate different account sizes and risk profiles.
