1. What occurred on the newest FOMC spike
Through the latest FOMC occasion, GOLD made a really sharp transfer.
Many grid EAs both stored averaging into the spike or hit their most drawdown.
On my facet, I used to be working GOLD ONLY WIN! – World Version on XAUUSD (MT4, M15) with:
Account kind: demo, cent account
Stability: JPY 50,000 (take a look at funds)
Buying and selling hours: 00:00 – 15:00 server time solely
Route: long-only, absolutely automated (no guide intervention)
Preliminary lot: 0.10
The consequence for that night time was a clear sequence of buys within the up-move and a easy basket closure on the high, with none panicked over-averaging. The fairness curve seemed like a staircase up as a substitute of a roller-coaster.
This put up is only a brief log of that ahead take a look at and an introduction to the logic behind the EA.
2. Idea: managed GOLD grid, not a “lot explosion” martingale
GOLD ONLY WIN! – World Version is a long-only grid EA for XAUUSD on M15.
The concept is straightforward:
Purchase the dips in an uptrend utilizing a dynamic grid
Shut all positions collectively when the basket reaches a money-based goal
Maintain threat below management with strict caps on the variety of grid steps and the entire lot dimension
Sure, there’s martingale-style averaging, however it’s very restricted:
The grid distance expands with volatility (ATR-based), so the EA does not stack orders each few cents in a quick market
Later tiers require bigger distance and extra circumstances, so “suicidal” averaging is averted
There’s a exhausting ceiling on each MaxGridSteps and MaxTotalLot , so the lot dimension can’t develop with out limitMost of the revenue nonetheless comes from the first breakout entry.
The additional grid positions are there to rescue a uneven pullback, to not gamble towards the pattern.
3. Why I restrict buying and selling to 00:00–15:00
One key change I made for this FOMC take a look at was to limit new entries to 00:00–15:00 (server time).
Causes:
Keep away from the wildest a part of the US session and late-night unfold widening
Concentrate on the Asian + early European session the place GOLD usually developments extra cleanly
Scale back the prospect of the grid being absolutely open proper into the FOMC candle
The EA can proceed managing and shutting current baskets outdoors this window, however it won’t open new trades as soon as the time filter is off.
4. Drop & volatility protect – saying “no” when the market is loopy
On high of the time filter, the EA makes use of an inner drop & volatility protect:
Detects sudden massive down-moves on the next timeframe
Displays ATR on M1 to see when volatility is abnormally excessive
Watches the unfold and pauses entries when circumstances are dangerous
When the protect is in COOL or RECOV state, the logic turns into far more conservative, particularly for later martingale steps. In brief, the EA is just not ashamed to remain on the sidelines when GOLD is in “chaos mode”.
This protect logic can be out there as a separate free indicator for monitoring market circumstances.
5. Threat administration first
Some necessary factors in the event you do this EA:
It’s designed for survival first, revenue second
All the time select your InitialLot , MaxGridSteps , and MaxTotalLot in line with your account dimension and threat tolerance
Begin on demo, watch a number of weeks of behaviour, and solely then take into account going reside
Grid buying and selling on GOLD can nonetheless result in massive drawdowns and even full lack of capital – there’s no assure of revenue
My private ahead checks (together with the FOMC night time proven within the screenshots) are there to indicate behaviour, to not promise any particular consequence.
6. strive GOLD ONLY WIN! – World Version
When you like GOLD and managed grid logic, yow will discover GOLD ONLY WIN! – World Version (MT4) on the MQL5 Market below my vendor identify takoyaki_EA.
Image: XAUUSD
Timeframe: M15
Route: Lengthy solely
Buying and selling type: dynamic grid with money-based basket TP, ATR-adjusted spacing, drop/volatility protect, and exhausting threat caps
Connect it to an XAUUSD M15 chart, set your threat parameters, and let it run on a demo first.
When you have any questions on parameters or threat profiles, be at liberty to contact me by way of MQL5 messages.
