Full Swing Gold Vwap Macd SMO Strategy by exlux
By exlux
Performance Metrics
- Author: exlux
- Symbol: TVC:GOLD
- Timeframe: 12 hours
- Net P&L: +888,992.26 USD (+872.12%)
- Win Rate: 37.1%
- Profit Factor: 1.583
- Max Drawdown: 145,421.72 USD (27.13%)
- Total Trades: 560
- Sharpe Ratio: 0.263
Description
This is a full strategy designed for gold market using 12h timeframe chart.Its components are:VWAP monthlySMO oscillatorMACD histogramRules for entry:For long: when enter when close of the candle is above vwap monthly, current histogram is higher than the previous one and SMO oscillator is above 0For long: when enter when close of the candle is below vwap monthly, current histogram is lower than the previous one and SMO oscillator is below 0Rules for exit:We exit the trade if we get a reverse condition.We also exit the trade based on a risk management system, both for SL and TP using % movements.If you have any questions let me know !