# Gold Trend Rider

Trend-following cBot that waits for price to break a Donchian channel extreme in the direction of a long-term EMA, then rides the move with an ATR chandelier trailing stop.

Canonical: https://prismaticalgos.com/compendium/algo/12308-gold-trend-rider
Record ID: 12308
Catalog rank: 2712 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://ctrader.com/products/5211
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

No automated warnings recorded; this is not validation.

## Recorded profile

- symbols: XAUUSD
- timeframes: H1
- sessions: Not specified
- market_regime: trending

## Indicators

- EMA: {"period": 200}; applied to: close
- Donchian: {"period": 200}; applied to: high
- Donchian: {"period": 200}; applied to: low
- RSI: {"period": 14}; applied to: close

## Recorded long-entry rules

- Price must close beyond a 200-period EMA, setting the permitted direction
- The bar must break the highest high or lowest low of the last N bars
- Three optional RSI divergence filters can veto the breakout

## Recorded short-entry rules

- Not specified.

## Recorded exit rules

- ATR chandelier trailing stop, anchored to the highest high (or lowest low) reached since entry
- Optional fixed take profit, off by default
- Optional Friday close before the weekend gap
- Trail state is rebuilt from history if cTrader restarts mid-trade

## Recorded filters

- RSI divergence filters

## Risk controls

- Stop loss: ATR-based chandelier trailing stop
- Take profit: Optional fixed take profit, off by default
- Position sizing: Position size from a fixed percentage of equity, or a fixed lot size
