Gold Asia Session Breakout (Entries + Exits) — Strategy by bradenstrock
By bradenstrock
Performance Metrics
- Author: bradenstrock
- Symbol: COMEX:GC1!
- Timeframe: 5 minutes
- Net P&L: +17,910.00 USD (+179.10%)
- Win Rate: 57.9%
- Profit Factor: 4.411
- Max Drawdown: 3,580.00 USD (35.80%)
- Total Trades: 19
Description
This strategy trades Gold (GC) using an Asia session breakout model. It first identifies the high and low of the Asia trading session to establish a range. When price breaks above or below this range during the defined trade window, the strategy enters a position in the direction of the breakout. Optional EMA trend filtering can be used to align trades with the prevailing trend. Risk management includes configurable ATR-based or fixed stop losses and profit targets, along with an optional time-based exit at the end of the session. The strategy is designed for intraday traders looking to capture volatility expansion following the typically tighter Asia session range.