Range Bound Scalping works the edges of a defined gold range for small, frequent moves. Because targets are small, spread and commission decide whether it is viable at all on your account.
What it does: Defines the range and trades from its edges toward the middle. Keeps targets and stops small and symmetrical. Stops trading the range once an edge is decisively broken.
When it works: Clear, persistent ranges with respected edges. Quiet sessions with no scheduled catalyst. Accounts with genuinely tight gold spreads.
When it struggles: Wide-spread brokers, where costs exceed the edge outright. Breakout days, when the range stops existing. High-impact data, when both edges go in one minute.
What the trader controls: Risk per trade, as a percentage of the account or a cash amount. Daily loss limit — once hit, no new entries for the rest of the London trading day. Maximum open positions on gold at any one time. Sessions it may trade, and whether high-impact news blocks new entries. You can switch the model off at any time, and reducing or closing risk is never blocked.
The method behind Range Bound Scalping is documented under Gold range scalping at https://goldhunts.com/gold-strategies/gold-range-scalping. Gold Hunts publishes win rate and sample size for closed XAUUSD trades only — never profit or loss figures, and never a projection.
GHX-07 Range Bound Scalping v2.0 is designed for a specific gold market behaviour and records a plain-English reason for every decision. Coming to forward testing. It is not yet available for account activation. During its trading window, it assesses each completed 5-minute candle and never makes a decision from a candle that is still forming.
Its approach to gold: It reads a range from a fixed run of completed 5-minute candles, and the floor and the ceiling each have to have been tested on three separate occasions before the range counts at all. Tests only count when they are genuinely separate: candles resting at the same level count once, and price has to come back to the middle before the next test counts. Once recorded, the floor, the ceiling and the middle are frozen. They are never redrawn or rolled forward, and a range that has failed cannot be relabelled — a completely new run of candles has to form first. A trade needs a completed close back in the middle first, then the next visit to either edge, and that candle has to hold the edge and close back inside it rather than push through. Entry is only valid for a short window after that candle closes, and only while the spread and the distance moved since the close are inside what it accepts. If the move to the middle is not worth more than the risk after costs, it declines. A trade carries a stop just beyond the edge and a single full exit short of the middle, both fixed before the order is sent. There is no part exit and no trailing. It leaves early if a completed candle closes through the edge it was trading, if the range stops behaving like a range, or if the trade has gone nowhere shortly after entry, and it will not hold past its time limit or the session cutoff. It refuses a fade taken straight against a strong recent hourly move, and it stands aside through known major United States announcement windows. If the conditions are not all present, it records a wait with the one reason that stopped it.
Its dedicated public ledger is at https://goldhunts.com/gold-models/ghx-07-range-scalping/ledger. The record begins with the first eligible demonstration forward-test trade and will include every closed result, whether it wins or loses. Nothing is backfilled with simulations. Customer trades are never published. Results are shown in net R with gross R alongside, and sample size is always visible. Demonstration results do not represent live trading.
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