GOLDEN TURTLE v3.0 – 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.
🔹 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.
📈 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.
➕ 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.
🛑 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.
❌ 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.
⚙️ 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
🧠 Recommended Usage
- Timeframes: H1, H4
- Symbol: XAUUSD
- Best suited for trending market conditions
- Not designed for ranging or scalping environments
⚠️ 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.
