How to Build a Multi Forex Bot using XAUBOT Entry Strategy: Step-by-Step Guide - XAUBOT
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How to Build a Multi Forex Bot using XAUBOT Entry Strategy: Step-by-Step Guide

PostedOctober 3, 2025

This tutorial explains how to build a multi-level Forex bot using the XAUBOT entry strategy.

1. Accessing the Create & Manage Bots Section

  • Navigate to the Create & Manage Bots section from the left-hand menu in your XAUBOT account.

On this page, click the Create New Bot button to begin setting up your bot.

2.Choosing the Trading Market

XAUBOT platform offer four financial market for trading:

  1. Forex: Trade global currency pairs.

  2. Metal: Focus on assets like gold and silver.

  3. Crypto: Access major cryptocurrencies.

  4. Indices: Trade popular stock market indices.

For this guide, we’ll select the Forex market to build a multi-bot using the XAUBOT Entry Strategy.

3.Choosing the Trading Strategy

The XAUBOT platform offers two trading strategies, allowing you to customize how your bot trades:

  1. Multi level: A layered approach that opens multiple positions at different levels, aiming to maximize profit opportunities during market fluctuations.
  2. Scalp: A short-term strategy focused on capturing quick returns from small price movements.

For this guide, we’ll select the Multi-level strategy to build a multi-bot using the XAUBOT Entry Strategy.

3.Choosing the Entry Strategy

The XAUBOT platform offers 10+ entry trading strategies, enabling you to identify trading opportunities and automate your trades with precision.

For this guide, we’ll select the Default strategy, also known as the XAUBOT Entry Strategy, to build a multi-bot.

 

Select Risk Level:

  • Choose the risk level for your bot to calculate trade sizes (e.g., Low, Medium, High, Aggressive). Example: With a Low risk level on $1,000, your bot might open trades with 0.01 lot size. Choosing a higher risk level increases the lot size, which also increases the chance of reaching your drawdown limit faster.

Customize Technical Parameters(Optional)

  • If you’re a beginner, you can leave this section offline and use the default values.

  • If you’re advanced and understand how these settings work, you can enable the section and adjust the parameters to any values you prefer.

  1. Trade Distance: Specify the number of distance between each trade level. (e.g., 30 pips). The spacing of each level in your Multi-Level Bot adjusts based on this value.
  2. Take Profit: Define the profit target for each trade (in pips). All levels will close when the trades reach this target.
  3. Second Level Multiplier: Set the multiplier for the second trade level. Example: If set to 1, the second level opens with the same lot size as the first level. If set to 2, the second level opens with double the lot size of the first level.
  4. : Set the multiplier for all trade levels after the second. Example: If set to 1, each subsequent level opens with the same lot size as the previous level. If set to 2, each next level will open with double the lot size of the last trade, up to the maximum number of trades.
  5. Maximum Spread: Set the maximum spread for opening trades. The bot will skip trades if the spread is higher than this value.

    The spread is the difference between the buy (ask) price and the sell (bid) price of a currency pair, stock, or other financial instrument.

    • Example:
      If EUR/USD has a bid of 1.1000 and an ask of 1.1002, the spread is 0.0002 or 2 pips.

    • Why it matters:

      • You effectively start your trade at a small loss equal to the spread.

      • The wider the spread, the more the market has to move in your favor before you start making a profit.

  6. Maximum slippage:
  7. Maximum Number of Trades:
  8. Stop Loss:

 

Choose Timeframe:

  • Choose the amount of funds you want your bot to start trading with.