Generation 6 Massive Trend Following for Gold (Note at bottom!) — Strategy by MtxTrader
By MtxTrader
Performance Metrics
- Author: MtxTrader
- Symbol: FX:XAUUSD
- Timeframe: 15 minutes
- Net P&L: +31,814.70 USD (+307.89%)
- Win Rate: 70.0%
- Profit Factor: 17.989
- Max Drawdown: 4,069.97 USD (18.75%)
- Total Trades: 10
- Sharpe Ratio: 0.665
Description
Making this one an open script for you people.Commission_value = 0.02 is the same as a 50 pip gold spread.Start capital $10,000. 1.00 lots = 1 contract on this. Trend establishment with the 600 period moving average, trend continuation with the crossover/crossunder.This strategy is great for finding trends on XAUUSD. Side note: if anyone knows MQL4 coding language for MT4, please let me know, I would like to see the results of this strategy over a period of several years rather than the several months of data that Tradingview Provides. Please PM me, I want to see how profitable this code is over a long period of time. Thank you, and enjoy.