Gold Cascade Trader
- Experts
- Versione: 1.0
- Attivazioni: 10
Gold Cascade Trader is a fully automated Expert Advisor for XAUUSD (Gold) on the M1 chart. It trades with the trend
only when the market is genuinely trending, sizes every trade to current volatility, and places a hard stop loss and
take profit on every order.
HOW IT TRADES
- A trend-strength filter keeps it out of choppy, directionless markets.
- A trend-direction filter means it only buys in uptrends and only sells in downtrends.
- Entries are timed on a confirmed shift in short-term momentum, checked by a second independent momentum
confirmation.
- Built-in filters skip historically low-quality trading periods.
VOLATILITY-ADAPTIVE RISK
- When the market is too quiet, it does not trade.
- In normal conditions, stop loss and take profit are sized to the current bar's real range.
- In high-volatility conditions, it switches to a volatility-model trailing stop that widens or tightens as the market
moves.
- Risk per trade is set by you as a percentage of balance.
PROTECTION
- Every order is opened with a stop loss and take profit.
- No grid, no martingale, no averaging into losing trades, no hedging.
- One position at a time in normal conditions; a small number more only in strong high-volatility moves.
- Lot size respects your broker's minimum, maximum and step, checks free margin before every order, and is capped by a
maximum lot setting.
RISK NOTICE
Trading gold is risky. Choose a risk level you are comfortable with and test on a demo account first. Past results,
whether backtested or live, do not guarantee future results.
RECOMMENDATIONS
- Symbol: XAUUSD (Gold), M1 timeframe. Attach to one chart only.
- A low-spread (raw/ECN) account and a VPS are recommended.
- Backtest with "Every tick based on real ticks" for the most realistic results.
Support is provided through MQL5 private messages and the product comments.
