SAL-06 Algorion Gold ORB Pro v3.1.0

This cBot is an institutional-grade automated trading system specifically engineered for Gold on the M15 timeframe. The strategy executes a single trade per day based on Session Opening Range Breakout (ORB) mechanics, using full M15 candle body closure outside the Asian consolidation range rather than premature pending stop orders.

System Overview and Core Mechanics

The algorithm identifies the Asian session consolidation range between 00:00 UTC and 06:00 UTC. Rather than placing blind stop orders that are vulnerable to London liquidity sweeps and wick spikes, the system waits for the official London session floor opening at 08:00 UTC. An entry is triggered only when an M15 candle body closes cleanly beyond the Asian boundary with daily trend alignment.

Key Features and Engineering Standards:

Single Order Execution:

Exactly one position is taken per day, eliminating double-stop out whipsaws during choppy or range-bound sessions.

Candle Close Confirmation:

Executes on actual M15 candle body closes, filtering out speculative wick fake outs and stop hunts.

Zero Overnight Swap Drag:

All open positions are forcibly closed at 20:00 UTC, eliminating negative carry and rollover spread spikes.

Physical Dollar Risk Sizing:

Position size is calculated dynamically from exact dollar risk per trade based on physical gold pricing models.

Zero Grid or Martingale:

No position averaging, cost-layering, or lot multiplier techniques are used. Every trade has a hard stop loss.

Asymmetric Macro Filter:

Intraday breakouts must align with both the Daily 20 EMA and Daily 200 EMA trend structure.

Verified Multi-Year Performance Data

In-Sample Backtest Period (January 2021 to August 2024):

Net Profit: +19.18 percent

Profit Factor: 1.14

Maximum Equity Drawdown: 15.73 percent

Win Rate: 45.58 percent across 283 trades

Data Parity: Verified within 6.2 percent variance between M1 Bars and Tick Data.

Out-of-Sample Forward Period (September 2024 to August 2026):

Net Profit: +12.20 percent

Profit Factor: 1.24

Maximum Equity Drawdown: 4.60 percent

MAR Ratio: 1.32 across 170 trades

Long Trades: +985.90 USD (Profit Factor 1.21)

Short Trades: +233.88 USD (Profit Factor 1.99)

Monte Carlo Stress Test:

Tested across 1,000 bootstrap simulations with 0.00 percent risk of ruin and an 80.60 percent probability of overall profitability.

Prop-Firm Challenge Performance Showcase

Tested on a 100,000 USD Account over 90 Days using the Prop-Firm Guardian Preset:

Net Profit: +4,061.63 USD (+4.06 percent)

Profit Factor: 3.60

Maximum Equity Drawdown: 1.77 percent (1,852.84 USD)

Maximum Balance Drawdown: 1.40 percent (1,456.23 USD)

Win Rate: 60.00 percent across 20 trades

Consecutive Wins: 7 trades

When scaled to 1.0 percent risk, the system generates +8,123.26 USD +8.12 percent with a maximum drawdown of 3.54 percent, making it an ideal choice for passing 8 percent or 10 percent prop-firm evaluation challenges.

Included Preset Configurations

Preset 1: Balanced Master -Default Configuration

Optimized for multi-year steady compounding with 1.0 percent risk per trade.

Risk Profile: Custom or Balanced

Risk Percent per Trade: 1.0 percent

Trading Start Hour: 08:00 UTC

Trading End Hour: 16:00 UTC

Force Close Hour: 20:00 UTC

ATR Buffer Multiplier: 0.08

SL Range Fraction: 0.75

Enable Macro Filter: True

D1 Fast EMA Period: 20

D1 Slow EMA Period: 200

Enable ATR Range Filter: True

Min Range Daily ATR Ratio: 0.20

Max Range Daily ATR Ratio: 0.85

Target Risk to Reward Ratio: 1.6

Enable Breakeven: True

Max Spread: 0.60 USD

Max Daily Loss: 4.0 percent

Max Peak Drawdown: 15.0 percent

Preset 2: Prop-Firm Guardian

Configured for funded account challenges with ultra-low drawdown and a high win rate.

Risk Profile: Custom or Conservative

Risk Percent per Trade: 0.5 percent

Trading Start Hour: 08:00 UTC

Trading End Hour: 16:00 UTC

Force Close Hour: 20:00 UTC

ATR Buffer Multiplier: 0.05

SL Range Fraction: 0.75

Enable Macro Filter: True

D1 Fast EMA Period: 20

D1 Slow EMA Period: 200

Enable ATR Range Filter: True

Min Range Daily ATR Ratio: 0.25

Max Range Daily ATR Ratio: 0.60

Target Risk to Reward Ratio: 1.2

Enable Breakeven: True

Max Spread: 0.50 USD

Max Daily Loss: 2.5 percent

Max Peak Drawdown: 5.0 percent

Preset 3: Bull Scalper

Optimized for high percentage growth during strong gold market expansions.

Risk Profile: Custom or Aggressive

Risk Percent per Trade: 1.5 percent

Trading Start Hour: 08:00 UTC

Trading End Hour: 16:00 UTC

Force Close Hour: 20:00 UTC

ATR Buffer Multiplier: 0.08

SL Range Fraction: 0.50

Enable Macro Filter: True

D1 Fast EMA Period: 20

D1 Slow EMA Period: 200

Enable ATR Range Filter: True

Min Range Daily ATR Ratio: 0.20

Max Range Daily ATR Ratio: 0.90

Target Risk to Reward Ratio: 2.0

Enable Breakeven: True

Max Spread: 0.60 USD

Max Daily Loss: 4.0 percent

Max Peak Drawdown: 15.0 percent

Setup and Installation Guidelines

Chart Setup:

Attach the cBot to the XAUUSD chart on the M15 timeframe.

Account Type:

An ECN or Raw Spread account is recommended for minimal spread overhead during London session openings.

Risk Customization:

To define a custom risk percentage, change the Risk Profile parameter to Custom. This enables the Risk Percent per Trade input box.

Time zone Synchronization:

Ensure your cTrader platform time is synchronized to UTC. The bot relies on UTC hours for session range calculations.

Frequently Asked Questions

Question: Does this EA use grid or martingale strategies?

Answer: No. The EA executes exactly one position per day with a fixed Stop Loss and Take Profit. It never opens secondary averaging orders or scales volume after losses.

Question: Why can short-term backtests -30 to 60 days show small negative results?

Answer: The strategy averages roughly 0.25 to 0.35 trades per day 8 to 15 trades per month. Over short windows, statistical variance can produce small drawdowns. The strategy is designed to be evaluated over multi-month samples where its positive expected value manifests.

Question: Can I use this EA for prop-firm challenges?

Answer: Yes. Use the Prop-Firm Guardian preset. With 0.5 percent or 1.0 percent risk, maximum drawdown stays well under 4.0 percent while maintaining a 60 percent win rate.

Question: Does the bot hold trades overnight or over weekends?

Answer: No. All positions are automatically closed at 20:00 UTC, avoiding overnight swap fees and weekend gap exposure.

Risk Disclaimer

Past performance is not indicative of future results. Trading Foreign Exchange and Commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. You could sustain a loss of some or all of your initial investment. Always test automated trading systems on a demo account before allocating live capital