How to Calculate Lot Size for Gold (XAUUSD) in MT5
The lot size formula for gold in MetaTrader 5: risk %, stop distance in dollars and contract size, with worked examples and the mistakes that blow accounts.
Blog
Notes on automated trading
Practical guides on risk, strategy and Expert Advisors for MetaTrader 5. No signals, no hype: the maths, the rules and the real numbers.
Range Breakout EA: How It Works, with a Gold Backtest
How a range breakout Expert Advisor trades: the box, the stop orders, the stop loss and the daily exit, plus six-year gold and Bitcoin backtests and the risks.
ExodusFX presents
AutomatedTradingMastery
EXODUSFX
Free guide · 24 pages
New to trading robots? Start with Automated Trading Mastery
A free, plain-language introduction to algorithmic trading: what a trading robot actually is, how it makes decisions, and the steps from nothing to your first Expert Advisor running on a demo account.