[Fx4U] XAUUSD - high profit-350%/year

The XAUUSD bot is created based on Icmarkets broker data, but currently some parameter definitions such as Pip Position, Lot size... are different from some other brokers, so the XAUUSD bot will not run correctly on brokers other than Icmarkets.

- The robot only works on XAUUSD M1 timeframe.

- Please visit http://fx4u.net/robot/xauusd-price-action/ to download backtesting version.

Price Action Strategy:

BUY signal (opposite for a SELL order):

When the price is fluctuating in an uptrend band, open an order when the price returns to the old bottom and add some sufficient conditions.

- Stop loss: All trades have a stop loss. It relies on the Fractal indicator or the Supertrend indicator or the neighboring price zone.

- Take profit: All transactions have a set takeprofit. It is based on the Fractal indicator or the neighboring price zone or an optimal ratio.

- Capital management: Each entry signal is only one order. Move stop loss dynamically when price moves in the right direction. Take profits continuously when the price moves in the right direction to maximize profits. Also relies on Kelly's capital management method to bet higher amounts on orders that are likely to yield larger returns and vice versa.

- Robots are improved every day for better performance.

- Visit https://ctrader.com/users/profile/55833 to see my other robots.

- Contact https://t.me/vnfx4u/ for the paid version

Backtesting data: Version: Gold; Broker: Icmarkets; Data: Tick data from server (accurate); Commission: 30

(If your broker doesn't have much data, you can login to ctrader account: bot.fx4u.net@gmail.com - Password: fx4u.net)

- More than 9 years profitable. if trading with 2% risk, the profit is about 450% per year (You can backtest every year to see the annual profit)

- Backtest From 19 Jan 2014 - 18 May 2023 with tick data.We have a profit of about 16,048,000 usd with an initial capital of 1,000 usd if we place a 2% risk per order. The maximum Balance Drawdown is about 23%. This profit is equivalent to 450% per year.

- Backtest From 19 Jan 2014 - 18 May 2023 with tick data.We have a profit of about 16,048,000 usd with an initial capital of 1,000 usd if we place a 2% risk per order. The maximum Balance Drawdown is about 23%. This profit is equivalent to 450% per year.

- Backtest From 19 Jan 2014 - 18 May 2023 with tick data. We have a profit of about 348,000 usd if we place a fixed 500 usd/order (equivalent to 696R for over 9 years). This profit is equivalent to 6.1R per month.

- Backtest From 19 Jan 2014 - 18 May 2023 with tick data. We have a profit of about 348,000 usd if we place a fixed 500 usd/order (equivalent to 696R for over 9 years). This profit is equivalent to 6.1R per month.

Annual backtesting data:  Starting Capial: 10000 usd; Risk: Fix 500 usd/order; Version: Gold;

Broker: Icmarkets; Data: Tick data from server (accurate); Commission: 30

Profit in 2022 is 39,700 usd or 79R

Profit in 2021 is 43,100 usd or 86R

Profit in 2020 is 27,300 usd or 54R

Profit in 2019 is 37,100 usd or 74R

Profit in 2018 is 47,000 usd or 94R

Profit in 2017 is 39,300 usd or 78R 

Profit in 2016 is 44,600 usd or 89R 

Profit in 2015 is 51,700 usd or 103R 

Profit in 2014 is 20,900 usd or 41R