Gold Raijin is an automated fractal breakout cBot designed specifically for XAUUSD (Gold).
STRATEGY TYPE
Fractal-based breakout. The bot identifies local highs and lows using N-bar fractals
and places pending Stop orders at breakout levels.
ENTRY LOGIC
• Detects fractal high and low from recent bars
• Places Buy Stop above the high and Sell Stop below the low
• When one order triggers, the opposite is cancelled automatically
• Orders are refreshed on every bar close
RISK MANAGEMENT
• Auto mode: lot size calculated based on % risk of account balance
• Fixed mode: manual lot size
• SL and TP defined as % of price (scales naturally with gold price)
• Built-in trailing stop with configurable distance and trigger level
• Time filter: restrict trading to specific hours
• Daily profit target in $: closes all positions once the goal is reached
WHO IT'S FOR
• Account size: $500+
• Intermediate to experienced traders
• Best suited for Raw/ECN accounts (IC Markets, Pepperstone, etc.)
• XAUUSD only — recommended timeframe: H1
DISCLAIMER
Backtest results do not guarantee future performance.
Always test on a demo account before going live.
