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Gold Nugget

Introduction

Gold Nugget - a safe and stable 100% fully automated trading robot for gold/dollar but may work on others as well as there are no symbol restrictions. Market entry signals generated by popular well known index types Stochastic Oscillator and Money Flow Index. No dangerous trading techniques used and adviser can manage it's orders in two modes - 1. Close orders regular with take profit,stop loss,trailing stop and/or break even - 2. Closing orders by change in signal,trailing stop and/or break works in this mode as well.

When use of mode 2 a hard stop loss can be applied ( optional ) as these initial orders are sent without stop loss/take profit. This is just in case a sudden loss of connection between server and terminal should happen and the order has not reach any profit level yet and heading the wrong direction ( minus ) to secure your account funds.

Features using Gold Nugget

  • Low initial deposit - at least a minimum of $100 but more is better
  • When you trade XAUUSD (Gold/Dollar) run advisers default settings on time frame H1(60min) 
  • All order,trailing stop and break even setting in points - no hassle with pips conversions
  • Possibility to run trailing stop and break even functions by bar or tick
  • Two index types and different combinations of them to chose from
  • Additional Moving Average can be applied on both (stronger signals but less trades)
  • All index types has fully adjustable settings
  • Spread filter
  • Trading time and weekday filter - Time filter can be disconnected entirely

Optimizations

  • Gold Nugget is convenient,fast and easy to optimize if needed by time as it's signal/order module operates by new bar formations ( Open prices ).

Important

  • Gold Nugget should mainly trade XAUUSD (Gold/Dollar) as it was developed specific for this! So please don't ask why and if performance should be bad on others. If other symbols tried and traded a possible new optimization has to be performed in order to have good results.

Risk assessment and order modes

  • Gold Nugget has two risk % types and two order modes and when a lots size is determined dynamically it's based on stop loss size. When Gold Nugget used with order mode 2 (Close/Open orders by change in signal) and no hard stop loss is set (optional) we can't calculate a dynamic lots size by stop loss as the orders then sent without any stop loss and take profit,now the lots size will be a fixed % size instead. By using a hard stop loss with mode 2 the lots size calculated dynamically as you would use order mode 1 with regular order closing using stop loss and take profit.

    Gold Nugget menu settings

    • I refer to screenshots - Something unclear? Go here



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    バージョン 1.1 2020.09.12
    This version;
    1. Missing printouts added