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Forex Forum → Help and Support → Issues adding XAUUSD in symbols

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Posts: 4

Topic: Issues adding XAUUSD in symbols

Hello,

I'm currently having issues adding XAUUSD.
I've added it in the symbols, it loads the data files and shows the chart on the left in strategy builder but wont open/close any positions no matter which parameters i use as opening/closing conditions.
What am I doing wrong?

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Re: Issues adding XAUUSD in symbols

Your data import and settings are correct.

The problem is that you have Lot size = 10 000.
Taking the gold price at 1800 USD, it means you need 180000 USD to open one lot with a leverage of 1/100.

Probably you have to reduce the Lot size to 1.

3 (edited by Grifter 2022-07-01 20:35:07)

Re: Issues adding XAUUSD in symbols

Popov wrote:

Your data import and settings are correct.

The problem is that you have Lot size = 10 000.
Taking the gold price at 1800 USD, it means you need 180000 USD to open one lot with a leverage of 1/100.

Probably you have to reduce the Lot size to 1.

Ahhhh ok, now it shows entry positions
Thank you very much sir! I must thank you for such a wonderful program. I can't imagine the countless hours that went into it.

Quick Question: When i go into MT4 and right click on XAUUSD > Specifications it says contract size "100" so in FSB i should change lot size to 100 instead of 10,000? or 100 refers to 0.01 lots(Micro lot)?

Re: Issues adding XAUUSD in symbols

> Specifications it says contract size "100" so in FSB i should change lot size to 100 instead of 10,000?

Correct!

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