Trading Commodities in EdgeFlo

This article explains how metal instruments are displayed, how the execution panel works for metals, and what to expect in your journal and dashboard.

Metals are not Forex. The prices are larger, the movements are measured in points rather than pips, and the position sizing logic is different. EdgeFlo adapts its execution panel, risk calculator, and journal to reflect this.. so when you are trading gold, everything on screen makes sense for gold.

Default Metal Instruments

Symbol	Full Name
XAUUSD	Gold / US Dollar
XAGUSD	Silver / US Dollar

These instruments appear in the Metals section of your default watchlist. Each one shows its full name and a Metals category label next to the symbol. More metals are available via search function.

Metal prices are formatted to match how they actually trade.. not in the five-decimal forex format.

This applies everywhere prices appear: the watchlist, the instrument detail page, trade lines on the chart, and journal entries. You will not see a string of trailing zeros that makes no sense for the instrument.

Opening a Trade on a Metal

Click on a metal in your watchlist to load the chart, then click Trade to open the execution panel. The panel adapts for the metal you selected.

Position size

The position size field for metals is labeled Lots. Enter the number of lots you want to trade, or let the risk calculator fill it in automatically based on your risk settings and stop loss.

Stop loss and take profit

You can enter your stop loss and take profit using either of two methods. Toggle between them at the top of the SL/TP section:

Price: Enter the exact price level where your SL or TP should trigger.
Points: Enter how many points away from your entry the SL or TP should sit. The platform converts this to a price level automatically.

Tip: If you think in price levels when analyzing gold, use the Price method. If you calculate risk in terms of point movement, use the Points method. Both produce the same trade - it is just a matter of how you prefer to work.

Risk calculator

Enter a stop loss and EdgeFlo calculates the correct lot size automatically based on:

Your account balance
Your risk percentage or fixed dollar amount
The distance between your entry and stop loss in points
The point value of the metal instrument

The lot size, dollar risk, and R:R ratio all appear in the panel before you confirm the trade.

Note: Metal position sizing uses the contract size and tick/point value for that instrument, which differs from forex pip-based calculation. If a calculated lot size looks unexpected, check that your stop loss distance is entered in the correct unit (price or points, not pips).

Placing the Trade

Once your SL and TP are set and the lot size looks correct, the button at the bottom of the panel shows your full order details before you confirm.

Click the button to send the order to your broker. The trade line appears on the chart immediately, showing your entry, stop loss, and take profit levels.

How Metal Trades Appear in the Journal

When a metal trade closes, it imports into your journal automatically. The entry looks correct for the asset:

Trading Hours

Metal instrument trading hours depend on your broker's schedule. Gold and Silver generally follow exchange hours for metals markets, with a short daily break. Check your broker's instrument specifications for exact session times.

Warning: Spreads on metals often widen significantly around market open, close, and during major economic releases. If you have a News Block guardrail configured, it will still apply to metal trades during high-impact events.

Frequently Asked Questions

Why does my gold position size say Lots instead of ounces or contracts?

EdgeFlo uses Lots as the standard position size unit for metals, which matches how your broker and MetaTrader or cTrader express the position. The lot size corresponds to a contract size defined by your broker (typically 100 troy ounces for gold). The risk calculator accounts for this when calculating your dollar risk.

My calculated lot size for gold looks very different from my forex trades. Is that normal?

Yes. Gold's contract size and point value are different from a forex pair's pip value. The same dollar risk will produce a different lot size on gold versus a forex pair. The dollar risk amount shown in the panel is what to verify, not the lot count.

Can I use One-Click Trading for metals?

Yes. One-Click Trading works the same way for metals as it does for forex. Your pre-set risk and the current stop distance calculate the lot size. All guardrails still apply.