SAL-04-GOLD-TF-ULTRARISK-Pro

  Professional Gold Trading Bot for cTrader

The aggressive XAUUSD M15 specialist for

   high-risk / high-reward traders.

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 STRATEGY OVERVIEW

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A trend-following XAUUSD bot combining four proven

indicators to capture short-term momentum on M15:

• Dual Moving Average crossover (directional bias)

• RSI momentum confirmation (filters weak signals)

• ADX directional strength (trade quality filter)

• ATR-based dynamic stops (adapts to volatility)

Built for traders who understand volatility and want

active gold exposure with institutional-grade money

management built in.

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 KEY FEATURES

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SMART ENTRY LOGIC

• Multi-indicator confirmation system

• Trades both long and short symmetrically

• ATR volatility filter (skips quiet markets)

• ADX trend strength filter (minimum 14)

 BUILT-IN RISK PROTECTION

• Daily Loss Limit with configurable buffer

• Maximum Allowed lot enforcement

• Gross Profit Target with permanent stop

• One-position-at-a-time logic

• Automatic position closure on risk events

 FULLY CUSTOMIZABLE

• Fast/Slow MA periods (default 2/7)

• RSI period (default 10)

• Risk per trade (0.01% to 10%)

• Daily loss thresholds

• Profit targets in USD

v2.0.1 RELIABILITY ENHANCEMENTS (NEW)

• Indicator warmup protection

• Minimum volume validation

• Enhanced error logging

• Optional symbol diagnostics

PERFORMANCE REFERENCE

Sample Backtest , XAUUSD M15, 5-Month Period:

  Net Profit: +63%

  Profit Factor: 1.16

  Total Trades: 256

  Long Profit Factor: 1.18

  Short Profit Factor: 1.14

  Largest Winning Trade: $588

Results based on optimized aggressive parameters.

   Past performance does NOT guarantee future results.

RECOMMENDED SETTINGS

CONSERVATIVE (Small Account / Testing)

   Fast MA Period: 2

   Slow MA Period: 7

   RSI Period: 10

   Risk % per Trade: 0.5

   Max Allowed Lots: 0.5

   Daily Loss Limit (%): 2.0

   Daily Loss Buffer: 0.15

   Profit Target (USD): 500

STANDARD (Medium Account)

   Fast MA Period: 2

   Slow MA Period: 7

   RSI Period: 10

   Risk % per Trade: 1.0

   Max Allowed Lots: 1.0

   Daily Loss Limit (%): 3.0

   Daily Loss Buffer: 0.30

   Profit Target (USD): 2000

AGGRESSIVE (Experienced + Larger Account)

   Fast MA Period: 3

   Slow MA Period: 5

   RSI Period: 10

   Risk % per Trade: 1.8

   Max Allowed Lots: 1.0

   Daily Loss Limit (%): 3.0

   Daily Loss Buffer: 0.55

   Profit Target (USD): 10000

✅ SYSTEM REQUIREMENTS

• Platform: cTrader (Desktop or Web)

• Symbol: XAUUSD (Gold)

• Timeframe: M15 (recommended)

• Account: ECN / Raw Spread recommended

• Min Balance: $5,000 USD recommended

• Leverage: 1:200 or higher

• VPS: Recommended for 24/7 operation

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QUICK START GUIDE

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1. Install bot from cTrader Store

2. Open XAUUSD chart, switch to M15

3. Drag bot onto the chart

4. Choose a recommended preset above

5. Click Start

6. (Optional) Enable "Show Symbol Diagnostics"

   on first run to verify broker setup

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UNDERSTANDING THE LOGS

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Startup Confirmation:

   "SAL-04 Gold UltraRisk v2.0.1 (Store Update)"

   "Symbol: XAUUSD | Time Frame: m15"

Daily Reset:

   "New day | Trading resumed."

 Trade Opening:

   "Opening Buy: Volume=10, SL=45 pips"

Risk Events:

   "DAILY LOSS BREACHED: $X | Paused until tomorrow"

   "PROFIT TARGET REACHED: $X | STOPPING PERMANENTLY"

FREQUENTLY ASKED QUESTIONS

Q: Why is the bot not opening trades?

A: Check these conditions:

   • ATR must be > 20 pips (low volatility blocks trades)

   • ADX must be > 14 (no trend = no trades)

   • Only ONE position at a time

   • Daily loss limit not reached

   • Profit target not reached (bot stops after)

Q: What does "Profit Target Reached" mean?

A: When the bot earns your specified target ($USD),

   it stops PERMANENTLY to lock in profits. Restart

   manually next day if you want to continue.

Q: Can I run on multiple charts?

A: Yes, but ensure total risk across all instances

   stays within your tolerance.

Q: Why did my volume get rejected?

A: Some brokers have minimum lot requirements (e.g.,

   0.10). v2.0.1 validates this automatically. If

   your calculated volume is too small, increase

   "Risk % per Trade".

Q: Does this work on other gold pairs?

A: Optimized for XAUUSD only. May work on XAUEUR/

   XAUGBP but not officially supported.

Q: Will it work on currency pairs?

A: Not recommended. Strategy is specifically

   calibrated for gold's volatility profile.

Q: What about news events?

A: Bot has no news filter. Consider pausing during

   high-impact news (NFP, FOMC, CPI).

Q: My live results differ from backtest — why?

A: Normal! Expect 20-40% degradation due to:

   • Spread differences between brokers

   • Slippage in live execution

   • News events

   This is why we recommend demo testing first.

Q: How do I update from v2.0?

A: Just download v2.0.1 — it auto-replaces v2.0.

   Your presets continue working unchanged.

WHO IS THIS FOR?

 PERFECT FOR:

• Experienced gold traders comfortable with volatility

• Traders seeking aggressive growth potential

• Those who understand drawdown is part of trading

• VPS-equipped users running automated systems

• Prop firm accounts (with appropriate risk settings)

NOT SUITABLE FOR:

• Complete beginners

• Risk-averse traders

• Accounts below recommended minimum

• Those unable to monitor performance regularly

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BEST PRACTICES

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BEFORE GOING LIVE:

• Backtest at least 6 months on tick data

• Run on demo for 30 days minimum

• Verify broker matches backtest broker

• Start with smaller risk % than backtest optimal

• Document your settings before any changes

DURING LIVE TRADING:

• Use VPS for 24/7 reliability

• Monitor first week closely

• Keep a trade journal

• Have a drawdown plan before starting

• NEVER increased risk % during a losing streak

RISK MANAGEMENT:

• Never trade money you can't afford to lose

• Don't override the daily loss limit

• Avoid trading during major news (NFP, FOMC)

• Take breaks after profit targets hit

• Withdraw profits regularly

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TROUBLESHOOTING

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BOT WON'T START:

• Verify cTrader version (4.x+ required)

• Ensure XAUUSD available on your account

• Check Automate trading is enabled

• Verify Access Rights in cbot settings

STRANGE BEHAVIOR:

1. Enable "Show Symbol Diagnostics" → verify values

2. Enable "Debug Logging" → review messages

3. Confirm timeframe is M15

4. Check spread isn't excessive (>5 pips = problem)

5. Post in store discussion with logs

NO TRADES OPENING:

• Wait for ATR > 20 pips condition

• Wait for ADX > 14 condition

• Check daily loss not breached

• Check profit target not reached

• Verify market is open (Gold has session breaks)

RISK DISCLOSURE

HIGH-RISK STRATEGY — As "ULTRARISK" in the name

indicates, this bot uses aggressive position sizing

to maximize potential returns. This means:

• Larger profits are possible

• Larger drawdowns can occur (20%+ documented)

• Capital loss is possible

• Results vary by broker, spread, slippage, conditions

• ALWAYS demo test for at least 30 days before live

Trading CFDs and Forex involves significant risk.

Past performance is NOT indicative of future results.

You are solely responsible for your trading decisions.

By using this bot, you acknowledge:

• You understand automated trading risks

• You will test thoroughly before live deployment

• You will use appropriate position sizing

• The author is not liable for trading losses

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VERSION HISTORY

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v2.0.1 (Current) — Reliability & Stability Update

  • Indicator warmup protection

  • Minimum volume validation

  • Enhanced error logging

  • Optional symbol diagnostics

  • 100% backward compatible

v2.0 — Profit target system release

v1.x — Initial versions

  Thank you for choosing SAL-04-GOLD-TF-ULTRARISK-Pro

  Trade smart. Trade safe. Trade profitably.