GoldBaron HighRisk Discussion

Hello to all traders! May luck and wisdom be with you when analyzing the market!

5% per month is no longer interesting?! Now there is a fashion for rapid acceleration of deposits, or as they say - monthly doubling.

I decided to try it too. I will trade with a fully automatic GoldBaron expert advisor. Start at $95. The goal is 1000% in 6 months. Only Gold (XAUUSD) will be used as the symbol. Oh... and yes, I'm going to sell it quite often right on such an uptrend... It will be fun, exciting and a little risky!

Good 

The expert opened a buy position. And immediately after entering a strong negative. It's a shame! I don't really want to go on a weekend with a loss.

But a huge advantage of the expert is 100% tilt resistance. You just need to have the courage to hold the balls in your hands and not climb with these hands to help the adviser.

The first rule of Mikhail Sergeev's system trading: When you create a system, think, worry and worry. You determine the stopping points of the work on the system - think, worry and worry. Launched a trading system - go all the way! Don't be afraid! Don't ask! Don't worry. Don't think! Wait for either a stop point or a new high.

It's better to lose a deposit in battle than to piss yourself and then watch your successful system that you betrayed!!!

The strategy of faith in the system has paid off! +50% ! We're moving on...

My test expert GoldBaron XAUUSD opened a deal labeling the system "S5". 

These trades have a huge risk-to-profit ratio: 1 to 10. They often close at a loss, but when everything goes well, the profit is huge. Mathematically, this is a profitable strategy.

In addition, the trailing stop will be activated an hour after the opening. It smooths out the variance from such transactions.

The expert advisor is going through a difficult time. There is turbulence and lack of strong movements in the gold market. When you follow the work of a fully automatic expert Advisor, you begin to understand how important it is to set a stop loss in the right place.

I'm currently monitoring my GoldBaron system closely. I analyze weaknesses and identify concepts that work.

Subsystem number "S5" looks odd. The take profit is 10 times greater than the stop loss. Because of the very small stop loss, the number of winning trades is negligible.

Take profit will only be achieved with a strong, explosive, and pullback-free move. A sensitive trailing stop helps a little. I think the trade in the screenshot is doomed to be stopped out.

I don't want to pay extra spreads and increase variance with useless systems. But when combined with other systems, "S5" provides a good hedge for the entire cluster. For now, I've decided to wait. I'll keep watching...

How it all began

I searched for a long time and found the reason why stock indicators don't work in real trading (I was worried about overtraining and discrepancies between backtest results and real trading).Developed rules for what cannot be used in indicator calculations.Using a new concept, the “ AceTrend ” indicator was created.Based on the indicator, a fully automatic expert “ GoldBaron ” was created.On October 25, 2020, the expert advisor was deposited into a very small real account . Only $95.

GoalsThe main goal: to achieve profitable work on a real account and to bring real trading results as close as possible to the results obtained during backtesting.A furious deposit boost. Earn 1000% in 4 months in fully automated mode.

Result

At the moment, the new concept is fully justified – backtest results are comparable to real ones.The plan was to reach 1000% profit within 4 months (by March 2026). The plan was achieved one month early. 1000% was achieved on February 1st.

What's next?

Now that the main goals have been achieved, it's time to conduct a detailed analysis. Perhaps we can identify obvious opportunities for improvement or expand the Expert Advisor's repertoire of trading strategies.