GoldSteady
- Experts
- Javier Diaz Perete
- Version: 1.0
GoldSteady is a specialized set derived from my Thunder King bot, optimized for the XAU/USD H4 timeframe with data from late 2018 to the present. GoldSteady is a precision-driven trading robot designed to execute strategic grid operations and navigate gold’s volatile market with stability.
Key Features and Technical Overview
Grid Strategy Execution:
GoldSteady employs an advanced grid strategy, carefully tuned for gold’s fluctuations. This approach allows for systematic entries and effective position averaging, aimed at maximizing returns through strategic grid-based exits and entries.
Input Parameters Explained:
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Magic Number: GoldSteady assigns a unique Magic Number to each trade, allowing easy tracking and distinguishing from other strategies on the platform.
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Lot Size: The initial lot size, set at 0.03, is configurable to suit varying account sizes and risk tolerances, making GoldSteady adaptable to different trading profiles.
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Panel Settings:
- Info Color: Configurable color setting for the panel’s displayed information, set to white for clarity.
- Font Size: Font size for the panel, set initially to 8 for optimized readability.
- Font Name: Customizable with “Arial” to ensure clear visualization based on user preference.
Strategy Type Options: The enum TIPO defines available strategies, offering:
- INDICATORS: Trades based on indicators alone, relying on technical signals without additional strategies.
- GRID: The primary strategy, placing multiple orders at different levels to capture fluctuations in gold.
- MARTINGALA: Increases position size after losses to recover previous losses.
Note: Although the bot includes Indicator-only and Martingale options, GoldSteady has been optimized exclusively for grid trading.
Precision and Visual Information Panel
GoldSteady’s panel provides a real-time, organized display of key parameters on the chart, with settings for a Panel Width of 200 and Panel Height of 170 to support ease of monitoring and adjustments.
Optimized for XAU/USD H4 Trading
Stable Grid Operations:
GoldSteady’s grid strategy is designed for stability within gold’s volatility, making it ideal for capturing consistent returns on the H4 timeframe.
Extensive Testing and Optimization:
GoldSteady has been optimized rigorously from late 2018 to the present, ensuring adaptability across varying market conditions.
Benefits for XAU/USD H4 Traders
- Grid Adaptability: The grid setup provides consistent entry points for reliable averaging in the gold market.
- Enhanced Risk Management: Configurable parameters allow traders to align the bot with their risk preferences.
- Clear Panel Display: Adjustable display options give traders an organized, easy-to-read overview of the bot’s performance.
GoldSteady is a robust tool for XAU/USD H4 traders seeking reliable, grid-based operations that leverage gold’s volatility with precision and stability.