ATG Gold cBot with the AlgoZone money management system.
This robot, specialized in trading gold, harnesses a sophisticated approach that integrates price patterns alongside technical indicators like the Money Flow Index (MFI), Average Directional Index (ADX), and Relative Strength Index (RSI). By incorporating price patterns into its analysis, it seeks to identify favorable entry and exit points within the gold market, enhancing its ability to capitalize on trading opportunities while effectively managing risk.
Compatible with PROP TRADING *
The Package Includes:
– Lifetime license
– Free updates
– Remote desktop configuration
– Premium support from developer
– Easy installation videos
– 10 cTrader accounts
– The full cBot, equipped with adjustable settings and parameters for fine-tuning and optimization
Strategy:
Our strategy is a fusion of time-tested trend-following methods and cutting-edge data analysis. It leverages key factors like correlation and risk-reward ratios, incorporating a proprietary candlestick pattern created by artificial intelligence. This unique pattern combines elements of existing formulas with custom ones, presenting an entirely new Price Action approach, with the confirmation of MFI, ADX, and RSI indicators. The formula is the exclusive property of our dedicated research team.
Stop Loss & Take Profit Calculation
Stop Loss pips (SLPips) allows traders to define the maximum amount of loss they are willing to incur on a trade. By setting this parameter, traders can mitigate risk and protect their investment capital. This feature empowers traders to establish clear boundaries, ensuring that losses are controlled within predefined limits.
Additionally, the Take Profit based on Stop Loss percentage (TPPct) parameter offers traders a strategic approach to profit-taking. This feature allows traders to set a percentage of their Stop Loss as the Take Profit level. By doing so, traders can capitalize on favorable market movements while safeguarding profits.
Together, these parameters form a robust money management strategy that promotes discipline, risk management, and profitability. Whether you’re a seasoned trader or new to the market, our platform’s money management method provides a valuable tool to optimize your trading performance.
Features
- Trailing Stop Loss
- Max Spread Filter
- Friday Close Option
- Dynamic Exit Feature
Currency Pairs
The system uses a trailing stop loss with is configurable in the cBot settings, this will trigger after (x) pips and follow (x) pips behind the price locking in the profit until it closes.
XAUUSD(GOLD) H1, H4, D1
Check out the backtest here.
Tested on high quality Pepperstone data.
Analyze results before the decision.
Risk Management:
Rest assured that our EA strictly adheres to a minimum 1:1 Risk:Reward ratio. It abstains from employing risky systems like the Grid and Martingale, prioritizing the safety and sustainability of your trading.
Recommendations:
For low-risk, secure trading, we suggest a risk allocation of $1000 for 0.1 lots. If possible, consider utilizing a VPS (Virtual Private Server) to enhance your trading experience further.
Learn cAlgo Trading
This guide section is designed to help you to learn everything related to robot trading in cAlgo through detailed videos.
How To Install & Backtest
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AlgoZone 