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
âĒ Detects fractal high and low from recent bars
âĒ Places Buy Stop above the high and Sell Stop below the low
âĒ When one order triggers, the opposite is cancelled automatically
âĒ Orders are refreshed on every bar close
RISK MANAGEMENT
âĒ Auto mode: lot size calculated based on % risk of account balance
âĒ Fixed mode: manual lot size
âĒ SL and TP defined as % of price (scales naturally with gold price)
âĒ Built-in trailing stop with configurable distance and trigger level
âĒ Time filter: restrict trading to specific hours
âĒ Daily profit target in $: closes all positions once the goal is reached
WHO IT'S FOR
âĒ Account size: $500+
âĒ Intermediate to experienced traders
âĒ Best suited for Raw/ECN accounts (IC Markets, Pepperstone, etc.)
âĒ XAUUSD only â recommended timeframe: H1
DISCLAIMER
Backtest results do not guarantee future performance.
Always test on a demo account before going live.
5 | 50 % | |
4 | 50 % | |
3 | 0 % | |
2 | 0 % | |
1 | 0 % |
