Examples Templates

When creating your own gold system, there are a few things to keep in mind. Your gold strategy needs to be able to identify 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've created a 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 trading account, you have to figure out what trading strategy works for you. It is good to know in what chart timeframe you're going to be working in, & how much you're 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 account. This is where you test your strategies risk free without investing money to determine which trading strategy is best suited for you.

So, now how can a trader like you create a "good trading system" or the "best trading system"?

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

The following examples illustrates a goal and explains the guidelines of how to achieve that goal

Trading System Goals

1.Identify a new trend

Moving average crossover method trading strategy is the most commonly used strategy to identify a new trend. Time to open a long or short trade is determined when 2 moving averages indicators cross over or cross under each other.

2.Confirm the new trend

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

Indicator based Trading Strategy

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

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

1. Find entry points as early as possible.
2. Find exit points securing maximum gains.
3. Avoid fake entry & exit signals.
4. Proper Trade Money Management Rules

Finishing these four goals will result in a profitable gold strategy that works.

The last piece of info needed, is deciding how aggressive you're going to be when entering and exiting a trade. Those traders who are more aggressive wouldn't wait until the chart candle closes and would enter as soon as their indicators match up. But most traders would wait until the xauusd chart candlestick of the chart timeframe 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 trading system: a trading technique that will generate profitable xauusd signals. You need to have your own strategy which will help you achieve your financial goals. Sometimes the best trading systems are the ones that you build on your own. No need to keep searching online for the best trading systems or for gold systems which work, this site provides you with all the trading tools required to help you & tutorial you on how to come up with your own trading systems.

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

Gold System - Best MT4 Examples Systems

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

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

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

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

Best MT4 Examples Systems

XAUUSD Strategies

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

Moving Average Crossover Technique - Moving Average Crossover Method

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

Trading System Trading Examples - Short & Long signal Generated by Trading Strategy

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

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

Best MT4 Examples Systems

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

• RSI xauusd technical indicator
• MACD xauusd technical indicator
• Moving Averages technical indicators

Systems Examples - Best MetaTrader 4 Templates Example Systems

Short Signal or Sell Trading Signal

How the short sell Gold 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 moving downward
4. MACD heading downwards below centerline

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

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

• Stochastic - gold momentum oscillator
• RSI - gold momentum oscillator
• Moving Averages XAUUSD TradingTechnical Indicator - trend following indicator
• MACD - trend following oscillator

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

Example 3: Strategy Gold Example

This system is fully described within the trade plan on the trade plan lesson on this learn gold website under the key concepts section located on the right navigation menu.

Chart Time Frame

1H xauusd chart

Trading Indicators that spot a new trend

Moving Average Crossover Trading Indicators Strategy

Indicators which confirm the trend

RSI indicator

STOCHASTIC OSCILLATOR indicator

Long Entry - Buy Signal

1. Both MA(moving averages) pointing up

2. RSI above 50

3. Both stochastics going up

Short Entry - Sell Signal

1. Both MA pointing down

2. RSI below 50

3. Both stochastics going down

Exit Signal

1. Moving Average Indicator gives opposite signal

2. RSI gives opposite signal

Money Management in Gold Trading

Stop Loss - 35 pips

Take Profit Gold Order - 70 pips

Reward to Risk 2:1

Best MetaTrader 4 Templates Example Systems

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

Below is the examples of New Gann Swing Chartist Plan

Gann Chartist Plan - Gold Systems - MetaTrader 4 Template Trading Strategy