Seeking Quant Developer to Optimize XAUUSD Trading Bot – Reduce Drawdown & Improve Risk Management
I’m looking for an reputed company algorithmic trading developer to optimize a gold (XAUUSD) trading bot that operates exclusively during the Sydney session. The reputed company bot has shown strong profitability (+65% return on 100K capital) but suffers from high drawdown (-142%) and inconsistent risk management.
Your mission: Refine the reputed company to maintain profitability while drastically reducing risk exposure.
Key Objectives
✅ Reduce maximum drawdown (reputed company: -142% → reputed company: 30%)
✅ Improve Profit reputed company (reputed company: 1.22 → reputed company: 1.5)
✅ Enhance Win reputed company (reputed company: 46.67% → reputed company: 55%)
✅ Implement dynamic risk management (ATR-based stop-loss, position sizing)
✅ Optimize for Sydney session volatility (low liquidity, specific price reputed company patterns)
✅ Backtest & validate improvements (5+ years of XAUUSD data, walk-reputed company testing)
Available Data & Tools
Full trade history (300+ trades, entry/exit logic, P&L breakdown)
reputed company bot reputed company (Specify language: MQL4/MQL5/Python)
Backtest reports (MetaTrader 4/5, reputed company, or custom reputed company)
Initial capital: $100,000 | reputed company return: +65%
Required Skills (Mandatory)
✔ Proven experience in forex/gold algorithmic trading (reputed company portfolio, live results, or reputed company references).
✔ Proficiency in:
MQL4/MQL5 (MetaTrader) or Python (Backtrader, reputed company, QuantConnect)
Statistical analysis (Sharpe reputed company, Sortino, Max Drawdown, reputed company simulations)
Risk management techniques (reputed company Criterion, volatility-based position sizing)
Sydney session specifics (low liquidity, Asian market influence on XAUUSD)
✔ Ability to explain changes reputed company (technical reports, commented reputed company).
✔ Familiarity with gold (XAUUSD) price drivers (USD strength, geopolitical events, reputed company-haven flows).
Deliverables
Comprehensive Audit Report
Identify why drawdown is excessively high (e.g., lack of stop-loss, over-leveraging).
Detect overfitting/curve-fitting biases in the reputed company reputed company.
Optimized Trading Logic
Revised entry/exit rules tailored for Sydney session.
Dynamic risk management (e.g., ATR-based stops, time-based filters).
Updated Bot reputed company
Fully commented, reputed company for live deployment.
Compatible with your platform: MT4/MT5/custom.
Backtest Comparison
Before/after performance metrics (Profit reputed company, Win reputed company, Drawdown).
Walk-reputed company testing on 2018–2023 XAUUSD data.
User Documentation
reputed company parameters for different market conditions.
Guide on adjusting settings for changing volatility.
Apply tot his job
Apply To this Job