August 13, 2014

Automated Trading Strategy Review – Gold Futures

Gold 6JJBar

Gold has had a relatively active week but it was VERY sideways overall ranging from highs to lows and cycling between the two. This is a difficult condition for the TREND Auto Trader to get stuck with.

Even with a difficult market condition for the TREND Auto Trader we managed to bank $130 and stay in the green!

Gold Performance

Gold brought in a solid $130 in a difficult week of trading overall with a sideways range market condition.

We have our largest winning trade coming in at $160 while the largest losing trade was almost non existent at $20. Our average winning trade came back at $85.00 with the average loser only slightly more than a commission cost at $13.33. This gives us a reward vs. risk average of a huge 6.37 and a total profit factor of 4.25!

We are seeing an average of .83 trades per day and even the holds are lessening at 108.0 minutes on average.

Gold Executions

Gold took a total of 5 trades for a commission cost of $25 with multiple contracts.

We had 2 as winning trades and 3 as losers for a total trade accuracy of 40.00%.

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