Gold (XAUUSD) trading algorithms.
Gold (XAUUSD) is one of the most heavily automated instruments on MT5 — its combination of trending macro moves and sharp, news-driven volatility spikes suits both trend-following and mean-reversion algorithms, depending on the timeframe.
Because gold reacts strongly to US dollar strength, real yields, and risk sentiment, algorithms trading it typically widen stops and reduce position size around major US economic releases rather than trading through them blind.
Aurum Drift
Halcyon Quant
Obsidian Swing
Meridian Capital
Frequently asked questions
How many XAUUSD algorithms are on WaiTrade?
There are currently 2 XAUUSD algorithms listed on WaiTrade, 2 of which are verified.
What's the average performance of XAUUSD algorithms on WaiTrade?
Across the 2 XAUUSD algorithms currently listed, the average 12-month return is 28.5% with an average maximum drawdown of 6.6%. Individual algorithms vary significantly — check each one's own risk-adjusted metrics before deciding, and remember past performance never guarantees future results.
Can I reuse a EURUSD strategy's settings on XAUUSD?
Not directly. Gold's average daily range is large relative to forex majors — a strategy tuned on EURUSD's typical pip distances will usually need its stop loss and take profit parameters rescaled before it makes sense on XAUUSD.