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GoldFlow

3

Overview:

The trading robot is a software application tailored for the XAU/USD currency pair. It is fine-tuned for an H1 (one-hour) trading timeframe, making it ideal for traders seeking a balance between short-term and medium-term strategies.

Technical Indicators Utilized:

  • Relative Strength Index (RSI): This indicator is employed by the robot to gauge the speed and extent of price movements in a given direction. It is instrumental in detecting overbought or oversold conditions for the asset.
  • Bollinger Bands: The robot leverages these bands to assess market volatility and pinpoint overbought or oversold situations. The bands dynamically adjust based on market conditions, contracting during periods of low volatility and expanding during high volatility.
  • Simple Moving Average (SMA): The robot uses the SMA to smooth price data by generating a continuously updated average price. This helps in identifying the trend direction and potential support and resistance levels.

Development and Testing:

  • The robot has been rigorously backtested using historical data to ensure it performs reliably and manages risk effectively.
  • Forward testing has been conducted through real-time market condition simulations to validate its efficiency before its commercial launch.

Avis 3
valaidus
35
valaidus 2024.10.27 19:53 
 

I am testing many indicators on different time frames from past 3 months but this one really made me satisfied. One of the hidden Gem. Great work!

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Lo Thi Mai Loan
3.75 (8)
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Lo Thi Mai Loan
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valaidus
35
valaidus 2024.10.27 19:53 
 

I am testing many indicators on different time frames from past 3 months but this one really made me satisfied. One of the hidden Gem. Great work!

floworld
106
floworld 2024.08.25 20:32 
 

Backtests without any trades no matter what settings. Apparently not ready for Prod.

Javier Diaz Perete
3841
Réponse du développeur Javier Diaz Perete 2024.08.26 10:06
Hi there, I just tested the bot again, and it does open trades during backtesting. Could you please let me know what type of account you're using and the settings you're applying? I’d be happy to help you troubleshoot the issue. Best regards.
Igor Isakov
881
Igor Isakov 2024.07.28 11:48 
 

L'utilisateur n'a laissé aucun commentaire sur la note

Répondre à l'avis
Version 1.3 2024.08.28
In the new version, an error in the description has been fixed.
Version 1.2 2024.07.28
Added the parameter input ENUM_ORDER_TYPE_FILLING fillingMode = ORDER_FILLING_FOK; to allow selecting the most suitable filling mode for the broker used. Additionally, descriptions for Profit Factor, Stop Loss, and Lots have been added.
Version 1.1 2024.07.26
In the updated version of the MetaTrader robot, a specific filling mode (ORDER_FILLING_FOK) was added to ensure compatibility with most brokers and prevent errors related to unsupported filling modes. This change guarantees that orders are either completely filled at the requested price or not executed at all.