Automated Trading Strategy Review – Gold Futures

Gold Auto Trader

Gold has been VERY sideways this past week; I mean VERY. This is the proverbial playground that the FLEX Auto Trader LOVES to trade in with all of the back and forth!

Overall this past week brought in a solid profit of $560 with a bit of back and forth in this consolidated range bound market condition. We had some AWESOME stats come back as well!

Gold Performance

Gold had a very nice week over the past few days bringing in a nice hefty profit of $560!

We had our largest winning trade come back at $800 while the largest losing trade was tiny in comparison back at $240. Along with that, our average trades came in at the same of $800 and $240 respectively giving us a reward vs. risk average of 3.33 and a total profit factor of 3.33 as well!

We are seeing an average of 1.00 trades per day but the hold times are VERY high because of how slow the market has been at an average of 609.0 minutes.

Gold Executions

Gold took a total of 2 trades this past week for a commission total of $10 per contract traded. We had 1 come in as a winner and the other as a loser for a trade accuracy total of 50%!