Comments for https://ctrader.com/products/2022

Disclaimer: This is not financial advice. Trading involves substantial risk, and you can lose all of your invested capital. These settings are based on my own testing and experience, but they do not guarantee future results.
cTrader XAUUSD Grid Bot Parameters
Chart Settings
Parameter
Value
Description
Symbol
XAUUSD
Gold trading pair.
Timeframe
M1
The bot runs on the 1-minute chart.
General Trading Settings
Volume In Lots
Default: 0.01
The size of the initial trade.
Daily Target (%)
Default: 1.0
This is not a take-profit.
Once the account reaches the specified daily profit (1% by default), the bot activates a trailing stop instead of closing immediately.
Example:
Daily Target = 1%
Trailing Distance = 20 pips
If profit reaches 1%, the trailing stop is placed 20 pips behind the current price, allowing profits to continue growing while protecting against a reversal.
Trailing Stop Distance (Pips)
Default: 20
Determines how much room the market has to move after the daily target has been reached before positions are closed.
This value was chosen after years of testing and has proven to be one of the most efficient settings, although you are free to experiment.
Entry Signals
Signal Period
Default: 8
The number of previous candles the bot analyzes to determine an entry signal.
Higher Timeframe Signal Period
Default: 8
The number of candles analyzed on the higher timeframe confirmation.
Higher Timeframe Signal Timeframe
Default: 0
Selects which higher timeframe will be used to confirm trades.
The bot will only enter a trade when both the current timeframe and the higher timeframe signals agree.
This generally produces:
Higher-quality entries
Fewer trades
Higher Timeframe Signal Mode
Default: 0
Enables or disables higher timeframe confirmation (True/False depending on your version).
ATR Period
Default: 3
The number of candles used to calculate the Average True Range (ATR), which determines grid spacing.
Grid Settings
Grid 1 Volume
Default: 0.01
Lot size for the first grid position.
Normally this matches the initial trade size.
Grid 1 Spacing ATR Multiplier
Default: 1.5
Determines how far price must move against the position before another grid trade is opened.
The spacing equals:
ATR × 1.5
Higher values create fewer but more widely spaced grid positions.
Grid 1 Maximum Size
Default: 8
Maximum number of grid positions the bot is allowed to open.
Grid 1 Scaling Start Level
Default: 1
Defines from which grid position the bot begins increasing lot sizes.
Example:
Level 1 = increase immediately
Level 3 = keep the first two positions equal, then start increasing.
Grid 1 Volume Step
Default: 0.01
How much the lot size increases at each scaling level.
Example:
Position 1 = 0.01
Position 2 = 0.02
Position 3 = 0.03
...
Grid 1 Second Scaling Level
Default: 8
Allows a second change in position sizing later in the grid.
Example:
Positions 1–4 increase normally.
From Position 5 onward, you may:
continue increasing,
keep size constant,
or even decrease the lot size.
This provides much more flexibility in risk management.
Grid 1 Second Volume Step
Default: 0.0
Defines how much to increase or decrease lot sizes after the Second Scaling Level.
Positive values increase size.
Negative values decrease size.
Trading Schedule
Pause Duration
Default: 0
How long the bot waits before trading again after reaching the Daily Target.
Normally, the bot simply resumes trading on the next trading day.
Pause Unit
Determines whether the Pause Duration is measured in hours or days.
Trading Sessions
You may define up to three trading windows.
Example:
Session 1
00:00 → 08:00
Session 2
17:00 → 20:50
Session 3
Optional
If you only want one trading session, simply repeat the same schedule in all three windows (or leave unused sessions disabled if your version allows it).
Trade on Mondays
Default: False
Allows you to disable trading on Mondays if desired.
RSI Filters
Use RSI for Initial Trade
Uses the RSI filter before opening the first trade.
RSI Period
Default: 14
Number of candles used for RSI calculation.
RSI Overbought
Default: 70
Market is considered overbought above this level.
RSI Oversold
Default: 30
Market is considered oversold below this level.
Higher Timeframe Filters
Use Higher TF Signal for Initial Trade
Requires higher timeframe confirmation before opening the first position.
Use Higher TF Signal for Grid
Applies higher timeframe confirmation to additional grid entries.
Grid Entry Filters
Use Signal for Grid 1
Requires the trading signal before adding another grid position.
Use RSI for Grid 1
Applies the RSI filter to new grid positions.
Risk Management
Stop Loss Drawdown (%)
Default: 100
This is the bot's only true stop-loss mechanism.
The trailing stop described earlier is not designed to limit losses. Its purpose is only to protect profits once the Daily Target has been reached.
The Stop Loss Drawdown Percent defines the maximum account drawdown at which the bot will force all positions to close.
Label
Used only to identify trades placed by the bot. It has no effect on the trading strategy itself.
Recommended Default Settings
These are the settings I personally use after extensive testing:
Initial Lot Size: 0.01
Daily Target: 1%
Trailing Stop: 20 pips
Signal Period: 8
ATR Period: 3
Grid Spacing: 1.5 × ATR
Maximum Grid Positions: 8
RSI: 14 / 70 / 30
Higher Timeframe Confirmation: Enabled for initial trades
Grid Confirmation: Signal only
Stop Loss Drawdown: 100%
These defaults have provided a good balance between trade frequency, profitability, and risk in my testing. However, market conditions change over time, so always test any modifications thoroughly before using them on a live account.

Hi Mate, so I believe that as long as your accounts are in the same login of the Ctrader enviroment, you will be able to use it in all your accounts. Regarding updates, they are free, I am preparing some extra features for September, that I am testing right now.
The behaviour is the same as demo, only difference is that it will allow live trading. Regarding payment methods, I do not control that, it is managed by Ctrader Store. No rentals for now, sorry.
Do not hesitate to contact, it takes sometime for me to be able to see your message Ctrader review messages before publishing, but I will respond as soon as I get notified. Good trading

georgievski.office@gmail.com

Customer purchases again using the correct cTrader ID
The customer can contact us directly and provide the details of the original purchase made under the wrong cTrader ID. We can then ask them to purchase the product again using the correct cTrader ID, and once this is done, we can proceed with the first purchase for a refund.

Gmt. London time. But this will not Close trades, it it is not meant to open new trades outside the trading windows. Once a trade is opened, it will keep that trading cycle alive until is resolved, this bot does not close trades unless the profit target is reached or a reversal against the trade is detected. And it will not close losing trades until recovery of the Basket is complete. Let me know if it is clear, I know this part can get a little complicated

So regarding the leverage, if you are operating with a small account like 1000 usd a leverage of 30 would mot allow you to open enough grid positions. As every position would consume about 150 usd, very soon you will have no marging for grids. The best settings I have tested are in one of the coments below, where I gave the participant the scheleton of a set file. Although markets change, and as we can see right now gold is not moving as usual, so remember this is not financial advice, this is a script that.is capable of doing automated trading, but there 8s no guarantee of profit, never invest money you can not lose, and the fact.it worked before does mot mean it will work tomorrow. That said, this is one of the most efficient gold traders I have ever seen anywhere! But Gold is dangerous, in War timrs?... anything can happen. Happy trading

No. But always respond here, after the comment is cleared by ctrader

This is not financial advice, settings are here.for demo and educational purposes.

So if you look down this thread, there is a full set file, ready to be copied and saved so you can use. It is not entering sell probably because of rsi settings. Take a look. Good tradin

On all the "volume Steps" you put Zero. So your grid volume and initial volume should not change. Please leave us a 5 star review, it helps to keep us motivated in helping others to achieve success. And share for what are you using the bot at the moment so I can use good stories to promote my channel. Thank you.
This is not financial advice, the coments on this thread are for educational purposes only!

Hi Akram, I have received a cominication from ctrader that their price policy is changing. So there will be some changes to a lower price. I will let you know if it happens.
Thank you, please leave as a 5 star review if you are happy with the algo, takes a lot of work, but people tend to not give us reviews, making it hard to have the motivation to share our algos! Prosperity to you!

It will depend on the Rsi bias you use. If you define to standard 70//30 it will trade both ways. This is not financial advice, you can lose all your money

This is not financial advice, It takes trades in both directions. Are you copying or owner?

This is not financial advice, trading is risky and you can lose all your money.
Your settings make sense to me. I believe that if you multiply the initial equity, keeping the same ratio, would be Ideal.

Umm the bot is priced 10k..

Hi GauchoHood,

I began testing on demo with the default settings, and I'd like to understand the grid system behavior better.

What happened:

• The bot opened 6 BUY positions on XAUUSD (grid levels activated)
• Entry prices: 4140.63, 4136.39, 4129.77, 4126.23, 4121.01, 4113.22
• All positions closed together at 4110.10 for a combined loss
• This happened around 21:32 GMT on 23/10/2025

Settings used:

• Volume (Lots): 0.01
• Daily Target: 1%
• Trailing Stop Distance: 20 pips
• Signal Period: 15
• Higher TF Signal Period: 10
• Higher TF Signal Timeframe: Minute15
• Higher TF Signal Mode: Entry
• ATR Period: 3
• Grid 1 Volume: 0.01
• Grid 1 Spacing ATR Multiplier: 2.05
• Grid 1 Max Size: 8
• Grid 1 Scaling Start Level: 1
• Grid 1 Volume Step: 0.01
• Grid 1 Second Scaling Level: 6
• Grid 1 Second Volume Step: 0

Questions:

1. What is the recommended initial deposit for this bot?
2. Is the grid system behavior I experienced (6 positions averaging down) normal and expected?
3. Should I reduce Grid 1 Max Size from 8 for safer trading on smaller accounts?
4. What's a realistic Stop Loss Drawdown Percent to set?
5. Which trading time windows work best to avoid these drawdown situations?
6. Should I enable the RSI and Higher TF signal filters to reduce entries during unfavorable conditions?
7. What broker spread is optimal for this bot?
8. What does "Grid 1 Scaling Start Level: 1" mean - does this start averaging down immediately on the first opposing move?

I want to make sure I'm using the bot correctly and safely. I'm continuing to test on demo while waiting for your guidance.

Looking forward to your recommendations!

Hi, I'm about to buy the algorithm but I'd like to understand first how the stop loss and take profit levels are set, thanks

Hi GauchoHood,

I just purchased Gaucho Gold Scalper and excited to get started!

Questions:

1. What is the recommended initial deposit for this bot?
2. What settings do you recommend as a starting point?
3. Should I limit the Grid1MaxSize for safer trading?
4. What's a realistic StopLossDrawdownPercent to set?
5. Which trading time windows work best currently?
6. Should I enable RSI and Higher TF signal filters?
7. What broker spread is optimal for this bot?

I'm starting on demo first. Looking forward to your guidance!