Hemera Gold

Hemera Gold is a fully automated Expert Advisor for XAUUSD, developed by INFOTECH.

The robot is built around one observation. Gold often moves in a narrow band overnight, and when
the European session opens and price leaves that band, the move frequently continues for the rest
of the day. Hemera Gold measures the overnight range, waits for the first clear break of it, and
holds the position until the end of the trading day.

The robot opens at most one position per day. Every position is opened with a stop loss attached.
There is no grid, no martingale and no averaging into losing trades.

How it works

1. The robot records the high and the low of gold during the overnight hours.
2. It skips quiet nights. The range has to be wide enough compared with recent daily volatility,
   otherwise the day is ignored.
3. During the European session it enters on the first move that clears the range by a margin. An
   upside break is bought and a downside break is sold.
4. The stop loss is placed at a distance calculated from the average daily range, so it adapts as
   volatility changes.
5. Once the trade is in profit by half of the amount risked, the stop is moved to the entry price.
6. The position is closed before the trading day ends, and earlier on Friday, so nothing is held
   overnight or over the weekend.

Filters

The robot stands aside on United States employment report days and on Federal Reserve decision
days. It also stands aside from 24 December to 1 January. It will not open a trade when the spread
is wider than the limit you set. A daily loss limit and an equity drawdown stop are available and
can be switched on if you want them.

Position size

There are three risk levels: Conservative, Balanced and Growth. You can also enter your own
percentage, use lots per 1000 of balance, or a fixed lot. The lot size is calculated from the stop
distance, so the amount risked stays steady as volatility changes. Lot sizes are always rounded
down, never up. If the smallest lot your broker allows would risk more than the level you chose,
the robot does not trade and writes a message in the journal.

Works with any broker clock

Brokers start the trading day at different hours. Hemera Gold measures where the daily pause falls
in its own price history and adjusts its schedule to match, including daylight saving changes. The
same settings work on a server at GMT plus 0 and on a server at GMT plus 3, without you changing
anything.

Dashboard

The panel on the chart shows the market time and the detected clock offset, the overnight range and
its width, the current daily volatility, the risk per trade, balance, equity, open profit, the
drawdown from the peak, and the result for the day, the week and the month. It has a Pause button
and a Close button.

Requirements

Symbol: XAUUSD. The robot is designed and tested for gold only.
Account: hedging, with a low spread. A raw or ECN account is preferable.
Minimum deposit: 1000 in the account currency at the Conservative level.
Leverage: 1:100 or higher.
Timeframe: any. The robot reads the minute data it needs by itself.
A VPS is recommended so the robot runs without interruption.

Test results

The figures below are MetaTrader 5 Strategy Tester results on real tick data. They are backtests
and not a record of live trading.

Symbol XAUUSD, 1 January 2021 to 22 September 2026, 99 percent history quality on real ticks,
deposit 10000 USD, leverage 1:500, no commission, 288 trades.

Conservative level: net profit 3873 USD, profit factor 1.54, largest equity drawdown 6.03 percent.
Balanced level: net profit 7272 USD, profit factor 1.49, largest equity drawdown 10.09 percent.
Growth level: net profit 13298 USD, profit factor 1.46, largest equity drawdown 16.12 percent.

Year by year at the Balanced level: 2021 plus 1135, 2022 plus 3016, 2023 plus 582, 2024 minus 320,
2025 plus 1867, 2026 to September plus 993. Five of the six years were profitable and 2024 was a
losing year. Of 65 months, 22 were losing months, and the weakest month was February 2024 at
minus 692.

The rules were selected on data from 2020 to 2023 and then tested on 2024 to 2026 and on a second
broker's data without further changes. The robot takes about 50 trades a year, so a short period
says very little about it.

Risk warning

Trading gold involves substantial risk. Past results and backtests do not guarantee future
performance. Spread, slippage and execution speed differ between brokers and affect the outcome.
Test the robot on a demo account before using real money.

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