Fortune Guardian
- Experts
-
Tong Zhang
Fortune Guardian - Version: 2.1
- Activations: 5
Fortune Guardian
Fortune Guardian is an automated Expert Advisor designed primarily for XAUUSD. It uses a bidirectional pending-order structure combined with grid-based position management and progressive lot sizing.
The EA manages Buy and Sell positions independently. As price moves, additional orders can be placed according to predefined distance rules. Positions are then managed as a basket, with configurable profit targets and protective exit conditions.
Compared with the earlier strategy structure, this version uses a more conservative trading configuration with greater emphasis on position management and controlled exposure.
Trading Logic
Fortune Guardian operates with Buy and Sell pending orders on both sides of the market.
When an order is activated, the EA can continue building positions according to the configured grid distance. Position size can increase progressively based on the number of existing positions.
The strategy does not rely on market direction prediction. Instead, it manages price movement through predefined entry distances, position sizing rules and basket exit conditions.
Main Features
- Bidirectional Buy and Sell trading
- Grid-based order placement
- Progressive lot sizing
- Independent management of Buy and Sell baskets
- Configurable initial grid distance
- Configurable minimum distance between positions
- Secondary grid distance mode
- Maximum lot limitation
- Maximum number of positions
- Spread protection
- Minimum leverage requirement
- Trading time control
- Basket profit management
- Global stop-loss option
- Position imbalance protection
- Optional hedge structure management
- On-chart information panel
Recommended Setup
- Symbol: XAUUSD
- Timeframes:M1/M5/M15 . The EA can be used under different volatility conditions. Because grid spacing and position sizing directly affect exposure, users should select parameters according to account size, leverage and personal risk tolerance.
- Suggested starting capital:USD 200 – USD 5,000/USC 3000 - USC 20000. A larger account balance does not automatically mean lower risk. Lot size, grid spacing and maximum position count should always be considered together.
Position Management
The default configuration starts from a small initial lot size and calculates subsequent position sizes according to the selected multiplier and additional-lot settings.
The EA also limits the maximum lot size and total number of positions.
Buy and Sell baskets are monitored separately. When configured exit conditions are reached, the EA can close one side or the entire basket automatically.
Risk Management
Fortune Guardian includes several configurable protection mechanisms:
Maximum spread filter
Maximum position limit
Maximum lot limit
Loss threshold for new entries
Basket close conditions
Global stop-loss
Position imbalance protection
Trading session restrictions
Cooldown after basket closure
These settings are designed to control how the EA reacts when market exposure increases.
Important Notes
Fortune Guardian uses grid trading and progressive position sizing. These methods can create significant exposure during extended one-directional price movements.
Before using the EA on a live account:
Test it in the Strategy Tester
Run it on a demo account first
Start with a small lot size
Check the contract specifications of your broker
Confirm that your leverage and available margin are suitable
Do not copy settings from another account without considering account size and broker conditions
Trading involves risk. Historical testing or previous trading behavior does not guarantee future results.
