Automated Trading Strategy Review – Gold Futures

Gold Auto Trader

Gold has been catching a very sturdy uptrend with price continuously making new higher highs and higher lows and being well supported on the pullbacks.

This is the PERFECT environment for the TREND Auto Trader to take some high probability trades and allow it to bank us a solid profit this week of $870!

Gold Performance

Gold had a great week overall locking in a solid profit for us of $870 this past week! We had some VERY strong stats come back as well making it even better!

Our largest trade came in this week at $340 while the largest losing trade was all the way back at only $60. Along with that, our average winning trade came in at $240 with the average loss at $45. This gives us a reward vs. risk average of a whopping 5.33 and a total profit factor of a gorgeous 10.67!

We are seeing an average of 1.00 trades per day which is fairly typical as well as seeing the standard hold time of 110.0 minutes.

Gold Executions

Gold took a total of 6 trades this past week for a commission total with multiple contracts of $30.

Of the 6 trades we had 4 come in as winners and the other 2 as losses for a nice trade accuracy total of 66.67%!