On 19 August I went lengthy XAUUSD on the M5 and deliberate the commerce for about 2R.
Gold saved going. It ran roughly 130 factors previous my entry.
I selected that 2R goal. The software program didn’t select it for me, and it does
not shut trades at 2R by default.
Here’s what occurred between my entry and my exit.
The scanner surfacing a recent XAUUSD M5 sign.
I don’t watch one chart and wait. The scanner exhibits me the place one thing has
simply printed throughout the symbols and timeframes I observe. It by no means locations an
order.
Good Pattern splits the chart into three separate reads.
Construction gave me the broader context. Bullish.
Regime gave me the facet I used to be allowed to commerce. BUY ONLY.
Timing marks the confirmed entry occasions.
Right here I need to be actual. I used to be already lengthy earlier than the confirmed sign you
can see on these charts printed. That sign didn’t create my entry. It
appeared inside the identical bullish construction and BUY ONLY regime I used to be already
buying and selling in.
That distinction issues. Good Pattern gave me context and a facet. It didn’t
push a button. The entry was my name.
I entered round 4363.90 and put the cease at 4356.97. One R was slightly below 7
factors.
I set the goal at 4378.62. A little bit over 2R.
I sized by threat share. Guardian calculated the lot measurement from my cease
distance.
Then I let Guardian handle it.
What Guardian did subsequent
0.75R. Cease nonetheless under entry.
The commerce is 0.75R in revenue. The cease nonetheless sits underneath my entry. If gold
turns right here, I take the total loss.
1.09R. Cease at breakeven, partial completed.
Guardian closed 30% of the place and moved the cease to 4363.89, my entry
worth. That eliminated the unique directional threat.
2.00R. Cease now above entry.
Guardian moved the cease once more, to 4370.79. Safety now sits a full 7
factors above my entry.
Three screenshots, twenty minutes aside. The cease went from under entry, to
entry, to above entry. I by no means touched it.
How FAST decides when to maneuver
Guardian doesn’t drag the cease behind each candle.
It measures the commerce towards an M15 volatility yardstick, learn from the
final closed M15 bar so it doesn’t flicker mid-candle.
When the commerce earns one full volatility step in my favour, Guardian
advances safety by one step.
Step 1 places the cease at entry.
Step 2 places it one step above entry.
Step 3 places it two steps above entry.
Safety solely tightens. It by no means strikes again down.
On this commerce one step was about 7 factors. That yardstick is at all times M15,
no matter chart you commerce, so the steps swimsuit trades deliberate on M15 and above.
The identical M5 chart later that night.
The pattern held all session.
Gold saved transferring after my 2R goal. That’s the place the selection of administration model actually issues.
If I had given the commerce extra room with the next goal — or no fastened goal in any respect — Guardian FAST would have stayed energetic and continued transferring safety greater every time gold earned one other volatility step. The place would stick with the pattern till worth ultimately pulled again by the protected cease.
That’s the flexibility I would like from the system. 2R was my alternative for this commerce, not Guardian’s ceiling. I may have aimed for 5R, 10R, or just let FAST handle the exit. On a powerful pattern, that offers the commerce room to maintain operating whereas Guardian progressively locks in additional of the transfer.
Guardian runs 3 ways. CUSTOM R takes an outlined R and banks a partial.
FAST is the step safety you simply noticed. BOTH splits one threat funds throughout
two positions, so one leg takes revenue at your chosen R whereas the opposite
stays underneath FAST and follows the pattern.
That final one exists as a result of a set goal and a trailing rule need
various things from the identical commerce.
So the workflow was easy. The scanner confirmed me the place to look. Good Pattern
gave me construction, regime and timing. I made a decision. Guardian sized the place
and managed it to the principles I set.
The instruments didn’t decide my model. They utilized the one I selected, the identical approach
each time.
If you wish to take a look at the workflow I used right here, it’s on the Market:
https://www.mql5.com/en/market/product/174993
One query for the gold merchants. On a day like this, would you’re taking the
outlined 2R, or depart a part of the place underneath the path?