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New York · Momentum pullback

Gold Reload

After a strong, high-volume 5-minute push in gold, it waits for a pullback and joins the move.

How it trades

  1. Looks for a 5-minute bar with 1.5 times normal range and volume that closes near its high above the last 10 bars (or the mirror for shorts).
  2. Places a limit order at a 40% pullback of that bar, good for 15 minutes.
  3. Stop 1 tick beyond the far end of the signal bar, target at 1.5 times the risk.
  4. Unfilled orders are cancelled and any trade is closed at 3:00 PM ET.

Who it's for

Traders who want to join strong gold moves without chasing the candle.

Risk rules

  • One position or working order at a time.
  • Daily loss limit, $500 by default, adjustable.
  • Flat by 3:00 PM ET.
Run every bot on Sim before trading it live, and size it to your account. Settings like contracts and the daily loss limit are adjustable.

Bot spec

Beta
MarketsMGC · GC
ContractsMicros or minis (MGC or GC)
Chart1-minute chart (the bot adds a 5-minute series)
SessionNew York
Trading window9:35 AM – 3:00 PM ET
StyleMomentum pullback
TradesOne at a time, several per day possible
Stop / targetPast the signal bar / 1.5× risk
In NinjaTrader asNY MGC Pullback
PlatformNinjaTrader
Included inEvery plan

Trading window

Asia
London
New York
6 PM3 AM9:30 AM4 PM
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Dow Rubber Band

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Gap Runner

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Oil Rider

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Get started

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