Gold trading strategy with trend follow and TDOW concept by x001tk
By x001tk
Performance Metrics
- Author: x001tk
- Symbol: COMEX:GC1!
- Timeframe: 30 minutes
- Net P&L: +13,940.00 USD (+13.94%)
- Win Rate: 38.0%
- Profit Factor: 1.495
- Max Drawdown: 3,610.00 USD (3.34%)
- Total Trades: 242
- Sharpe Ratio: 0.568
Description
My strategy uses a combination of three indicators MACD Stochastic RSI. The Idea is to buy when ( MACD > Signal and RSI > 50 and Stochastic > 50) occures at the same time This strategy works well on stocks and cryptos especially during market breaking up after consolidation The best results are on Daily charts , so its NOT a scalping strategy. But it can work also on 1H charts. The strategy does not have any stops and profit targets, so we can take all the market can give us at the moment. The exit point only when MACD goes under Signal In addition I've decided to add a stop loss and "Trading day of week" conceptSo the results are much more stable and we get more profit !So, use it, trade it. If it will help you to imprive your trading results, please donate me BTC: 12kd1F8buWisUBdq27BBwRkUvzW7Ey3og5