XAUUSD Bullish Continuation Strategy v2 EMA Pullback Breakout by JaxonJackFX
By JaxonJackFX
Performance Metrics
- Author: JaxonJackFX
- Symbol: OANDA:XAUUSD
- Timeframe: 1 hour
- Net P&L: −6.18 USD (−0.06%)
- Win Rate: 33.8%
- Profit Factor: 0.896
- Max Drawdown: 11.54 USD (0.12%)
- Total Trades: 266
Description
This strategy is designed to trade XAUUSD (Gold) using a bullish continuation model based on trend structure and pullback breakouts.The system uses a 200 EMA trend filter to identify the dominant market direction and waits for price to retrace before entering on breakout confirmation — allowing entries in high-probability continuation zones.The strategy adapts dynamically to price action and works across all XAUUSD broker feeds without relying on fixed price levels.🔍 Strategy Logic✔ Trade only in bullish trend (price above 200 EMA)✔ Wait for pullback toward EMA✔ Enter on breakout of recent highs✔ Stop loss placed below recent swing low✔ Take profit based on Risk/Reward ratio⚙️ Key Features• Dynamic price action entries• Auto stop-loss & take-profit• Works on any XAUUSD broker• Produces full Strategy Tester reports• Optimized for 1H timeframe📌 Recommended SettingsSymbol: XAUUSDTimeframe: 1HTrend Filter: EMA 200Risk/Reward: 1:2 or higher📈 Market BiasTrend-following bullish continuation system designed for strong gold markets.