Not logged in
Viewing 3 posts - 1 through 3 (of 3 total)

Forums>StrategyQuant>General Discussion>Gold stop loss and take profit?

  • #259245 |
    117 Posts

    Hi Im building strategies for XAUUSD.

    I only seem to get good results when using huge stop loss and take profits in comparison to Currencies. the first bunch of strategies ive made were based on min stop loss & take profit of 500 and max 3000.

    with this size stop loss i assume i cannot test on any other market?


    430 Posts

    it is correct pip/step , size, value is different on XAU.

    • This reply was modified 1 year ago by mabi.
    797 Posts

    default setting for gold is 0.01/0.01 and because of that 1 pip move is more like move by TICKS, because 1 pip is by this setting move by 0.01

    because of that the SL/TP values need to be huge – lets say 10x higher

    You want to be a profitable algotrader? We started using StrateQuant software in early 2016. For now we have a very big knowhow for building EAs for every possible types of markets. We share this knowhow, apps, tools and also all final strategies with real traders. If you want to join us, fill in the FORM. 1500+ final SQX strategies for members running on demo accounts to verify the edge DEMO ACCS. We provide also strategies for indices - DAX, DOW JONES, NASDAQ, SP, UK, because we have realtick data from our brokers.

Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.