Karen XAU

Karen XAU is an automated trading robot built for gold (XAUUSD). It combines two strategies and takes only the trades that pass a set of safety checks. It is built to be careful rather than to trade constantly, so some days it will place no trades.

The two strategies

Strategy 1: Pullback. The robot waits for gold to pause inside an established trend, then enters when momentum turns back in the trend's direction. This strategy trades more often.

Strategy 2: Momentum. The robot waits for gold to break out with real strength, with rising volatility and a clear trend. It skips breakouts that are already overstretched, so it does not chase moves that have run too far. This strategy trades less often and is more selective.

Key features

• One trade at a time. There is no grid, martingale or averaging down.
• Fixed stop-loss and take-profit on every trade. Nothing is left unprotected.
• Trailing stop and breakeven protection lock in profit as a trade moves your way.
• Fast-reversal protection. If a trade turns sharply against you early on, the robot closes it at market instead of waiting for the full stop-loss.
• News filter. Trading pauses before and after high-impact events such as FOMC, NFP and CPI, using MT5's built-in Economic Calendar. If the calendar can't be read, the robot pauses new trades instead of trading blind.
• Friday and holiday rules. There are no new trades on Fridays, and trading is blocked over the Christmas period.
• Daily loss protection. You can set a daily drawdown limit and a limit on losing trades per day.
• Spread filter blocks entries when the spread is too wide.
• Duplicate-order protection. This stops two copies of the robot from opening two trades at the same moment.
• Flexible position sizing. You can use a fixed lot size, or size by risk percentage with an optional maximum dollar loss per trade.
• Phone notifications. You get an alert on your MT5 mobile app when a trade is opened.
• On-chart dashboard shows status, news state and open trade information.
• All key settings are adjustable inputs, including stop-loss, take-profit, trailing and strategy thresholds. You don't need to edit any code.

How it was built and tested

The settings were reviewed using walk-forward testing on gold data from 2010 onward, then checked on a recent period that was kept out of the optimization. [Add your own MT5 Strategy Tester results here once you've run them. Use "Every tick based on real ticks", the same period, and show the real screenshots.]

Recommended setup

• Symbol: XAUUSD (use your broker's gold symbol)
• Chart: M5 (the robot reads M15, H1 and D1 data internally, so the chart timeframe doesn't change its decisions)
• Account: Hedging or netting both work
• Deposit: [Suggested minimum, e.g. a conservative starting point for 0.01 lot. Each trade's stop-loss is roughly $22–25 per 0.01 lot, so size the account with that in mind.]
• Broker: Low spread on gold is recommended
• Hosting: A VPS is recommended so the robot runs without interruption
• Setup: Attach it to one XAUUSD chart only, and make sure AutoTrading is enabled

Important risk information

• Trading gold with leverage carries a high risk of loss. Past performance does not guarantee future results.
• The strategies use a small take-profit and a wider stop-loss. This gives a high win rate, but a single losing trade is larger than a single winning trade, so a losing streak can erase many small wins.
• Results vary by broker, spread, execution speed and lot size.
• Test on a demo account first, and only risk money you can afford to lose.