OPEN-SOURCE SCRIPT

Gold Trading Bot with Robust Risk Management

263
Market Focus:
The script is now clearly labeled for gold trading. When using it, load a gold chart (such as XAUUSD) on TradingView.

Risk Management:
It uses an ATR-based stop loss and take profit mechanism. The stop loss and take profit distances adjust dynamically with market volatility, which is particularly useful in the sometimes volatile gold market.

Strategy Logic:
A simple moving average crossover triggers a long position. This example is a starting point; you might want to experiment with different indicators or add short conditions depending on your approach.

Customization:
While the default values (e.g., ATR period, multipliers, MA lengths) provide a solid foundation, consider optimizing these settings through backtesting specifically for gold to match its price dynamics.

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.