Trade Gold Trading

Learn Gold Trading

4 Example Templates

When creating your own gold trading system, there are a few things to keep in mind. Your gold trading strategy needs to be able to spot new Gold market trends, while at the same time making sure you do not to get faked out/whipsaws. The real trick is, once you have created a gold trading system that works for you, stick to it. Being disciplined will help you a lot in becoming successful in xauusd trading.

Before trading Gold on a live gold trading account, you have to figure out what gold trading strategy works for you. It is good to know in what xauusd trading chart time frame you are going to be working in, and how much you are willing to risk once you begin gold trading online. All these factors should be factored in, and should be written down within your gold trading plan. A good place to test this gold trading plan would be on a free demo practice account. This is where you test your gold trading strategies risk free without investing money to determine which gold trading strategy is best suited for you.

So, now how can a Gold trader like you come up with a "good gold trading system" or the "best gold trading system"?

To come up with a good gold trading strategy the first thing to do is to define your objective or goal:

The following example illustrates a goal and explains the gold trading rules of how to achieve that goal

XAUUSD Trading System Goals

1.Identify a new gold trend

Moving average crossover method gold trading strategy is the most commonly used strategy to identify a new xauusd trend. The time to open a long or short trade is determined when two moving averages indicators cross over or cross under each other.

2.Confirm the new gold trend

RSI(RSI) Gold Indicator and Stochastic Oscillator Gold Indicator are the most commonly used gold indicators to confirm a Gold trend.

Indicator based Gold Trading System

The best type of a gold trading method is one that is indicator-based. You will find it straightforward to generate the gold signals and thus less error-prone on your part and this will help you to avoid gold market whipsaws.

There are several things we want to achieve when creating a gold trading system:

  1. Find entry points as early as possible.

  2. Find exit points securing maximum gains.

  3. Avoid fake entry and exit signals.

  4. Proper Gold Trading Money Management Rules

Accomplishing these four goals will result in aprofitable gold trading strategy that works.

The last piece of information needed, is deciding how aggressive you are going to be when entering and exiting a trade. Those gold traders who are more aggressive wouldn't wait until the gold chart candlestick closes and would enter as soon as their gold indicators match up. But most gold traders would wait until the gold chart candlestick of the chart time frame they are using has closed, to have more stability when entering a the xauusd market.

To get profits out of the xauusd market you need to build your own profitable gold trading system; a trading method that will generate profitable xauusd trading signals. You need to have your own gold trading strategy that will help you achieve your financial goals. Sometimes the best gold trading systems are the ones that you build on your own. No need to keep searching online for the best gold trading systems or for gold trading systems that work, this website provides you with all the gold trading tools required to help you and guide you on how to come up with your own gold trading systems.

Below is an example of a Gold trade system based on RSI, MACD and Stochastic.

Best MT4 Templates XAUUSD Trading Systems

Gold Trading System - Best MT4 Templates Gold Trading Systems

The xauusd trading system example above is comprised of four gold indicators in total, all of these generate Gold trade signals using different methods, the moving average will generate xauusd signals using the moving average crossover method shown, the RSI indicator, Stochastic indicator and MACD indicator use different technical analysis to generate the long and short signals as shown in the above example. How to generate these Gold signals is discussed in the next topic (on the sidebar navigation menu under key concepts).

For beginner xauusd traders, it is difficult for them to create their own gold trading strategies since they do not have much knowledge about the xauusd market. However, this learn gold trading website will explain how a beginner gold trader can create their own free gold trading system in just seven easy steps. The best strategy is the one you come up with yourself and learn how to trade the xauusd market with it.

The main advantage of creating your own free gold trading systems is that you will know how to make profits by yourself - and not rely on other peoples efforts.

In the next gold trading lesson located at the sidebar navigation menu below the gold trading key concepts will show you how to create a gold trading system like the one above, write it's gold trading rules and how to back test the xauusd trading system on a practice demo xauusd trading account before using it on a live xauusd trading account.

Best MT4 Templates Gold Trading Systems

Gold Trading Strategy

The moving average indicator cross over method uses two moving averages to generate Gold signals. The first Moving average uses a shorter period and the second is a longer period.

MT4 Templates XAUUSD Trading Systems

Moving Average Crossover Method - Moving Average Crossover Gold Trading Strategy

This above gold trading method is referred to as the moving average crossover method because gold signals are generated when the two averages cross above or below each other.

MT4 Templates XAUUSD Trading Systems

Gold Trading System Trading Example - Short and Long signal Generated by Gold Trading System

A buy gold signal or going long trade is generated when the shorter moving average indicator crosses above the longer moving average indicator (Both Moving Averages Going Up).

A sell gold signal or a going short trade is generated when the shorter average indicator crosses below the longer moving average indicator (Both Moving Averages Going Down).


Best MT4 Templates Gold Trading Systems

Stochastic Oscillator gold indicator can be combined with other Gold indicators to form a xauusd trading system.

  • RSI gold indicator

  • MACD gold indicator

  • Moving Averages gold indicators

Trading Systems Gold Example - Best MT4 Templates Gold Trading Systems

MT4 Templates XAUUSD Trading Systems

Short Signal or Sell Gold Trading Signal

How the short sell xauusd trading signal was generated

From our gold trading rules the short signal is generated when:

  1. Both Moving Averages are heading down

  2. RSI is below 50

  3. Stochastic heading downwards

  4. MACD heading downwards below center-line

The short signal was generated when all the written gold trading rules were met. The exit signal is generated when a gold signal in the opposite direction is generated.

The good thing about using such a gold trading method is that we are using different types of gold indicators to confirm the gold signals and avoid as many gold trading whipsaws as possible in the process.

  • Stochastic - gold trading momentum oscillator indicator

  • RSI - gold trading momentum oscillator indicator

  • Moving Averages - gold trend following indicator

  • MACD - gold trend following oscillator

Based on the xauusd trading chart time frame used - this strategy can be used as Gold scalping system when the minute xauusd trading charts are used or as a Gold day gold trading system when hourly xauusd trading charts are used.

Example 3: Trading System Gold Example

This xauusd trading system is fully explained within the gold trading plan on the gold trading plan tutorial on this learn gold trading website under the Gold key concepts section located on the right navigation menu.

Gold Trading Chart Time frame

1H gold chart

Indicators that identify a new gold trend

Moving Average Crossover Indicators Strategy

Indicators that confirm the gold trend

RSI indicator


Long Entry

1. Both MA(moving averages) pointing up

2. RSI above 50

3. Both stochastics going up

Short Entry

1. Both Moving Average pointing down

2. RSI below 50

3. Both stochastics going down


1. Moving Average Indicator gives opposite signal

2. RSI gives opposite signal

Risk Management

Stop loss- 35 pips

Take Profit Gold Trading Order - 70 pips

Reward to Risk 2:1

Best MT4 Templates XAUUSD Trading Systems

The Gann Swing Oscillator is meant to be used in combination with the Gann HiLo Activator and Gann Trend to form a complete Gold strategy commonly referred to as the - "New Gann Swing Chartist Plan". Within this methodology the Gann Swing Oscillator is used to help determine gold market swings for trading only within the current market gold trend is shown by the Gann Trend.

Below is the example of the New Gann Swing Chartist Plan

Best MT4 Templates XAUUSD Trading Systems

The Gann Chartist Plan - Gold Trading Systems - MT4 Template Gold Trading System


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