Automated Trading Strategy Review- Gold Futures

Gold Auto Trader

Gold has had a fantastic week of trading with the FLEX Auto Trader and it has been able to rack up some serious winners this week with all of the sideways consolidation we have been seeing on Gold Futures.

Gold Performance

Gold had a HUGE week of trading banging out a profit for us of $2,320 on the week!

We have our largest winning trade clocking in at $1,040 while the largest loss is all the way back at $160. Along with this, our average winner is also $1,040 and average loss is $160 giving us a reward vs. risk average of a whopping 6.50 and a total profit factor of a beautiful 3.90.

We are seeing the average of 1.00 trades per day day coming in but the hold times have gone up to double norm at 220.8 really allowing those winners the room to run!

Gold Executions

Gold had a total of 8 trades this past week for a commission cost total of $40 per contract traded.

We had 3 of the 8 total trades come back as winners leaving the remaining 5 as losses giving us a trade accuracy total for the week of 37.50% banking on that HUGE reward vs. risk on the week!