BB Gold Simple is an automated trading algorithm built for MetaTrader 5, designed specifically for trading Gold / XAUUSD with a simple, clean, and rule-based approach.

The bot uses built-in indicators to identify potential market opportunities when price moves into buy or sell zones. It is designed to help traders automate entries and exits without constantly watching the chart manually.

BB Gold Simple focuses on simplicity, consistency, and ease of use. It is suitable for traders who want an automated gold trading assistant that follows predefined logic instead of emotional decision-making.

Below is the backtest result from 01/2022 to 06/2026 - Note that the results can be different with the real tick data of brokers.

How It Works

BB Gold Simple analyzes Gold price movement using Bollinger Bands. When the market reaches specific price zones, the bot looks for possible buy or sell opportunities based on its built-in trading conditions.

The algorithm can help with:

• Detecting potential Gold trading setups
• Automating trade entries
• Managing trades based on preset rules
• Reducing manual chart monitoring
• Supporting a more disciplined trading process

Basic Instructions

1. Open MetaTrader 5.
2. Attach BB Gold Simple to the XAUUSD / Gold chart.
3. Choose the timeframe H1
4. Adjust the lot size and risk settings based on your account size
5. Enable Algo Trading in MT5
6. Let the bot monitor the market and execute trades based on its strategy

Before using BB Gold Simple on a live account, it is recommended to test it on a demo account first. This allows you to understand how the bot behaves under different market conditions.

Important Notes

Gold can be highly volatile, especially during major news events, market openings, and high-impact economic releases. Always use proper risk management and avoid using lot sizes that are too large for your account.

BB Gold Simple is a trading tool, not a guaranteed profit system. Results may vary depending on market conditions, broker spreads, account settings, and risk configuration.

Use the bot responsibly and make sure you fully understand the settings before running it on a live trading account.

Bonus

Upon the purchase, I give away the monthly calendar view to track losses/profits through trading history in MT5.