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Automated Trading Strategy Review – Gold Futures
Gold Auto Trader |
Gold has had a VERY strong week and has been quite trendy overall. The price movement has been pushing price action all over the place and driving some solid moves for the FLEX Auto Trader to hop on board with.
The FLEX Auto Trader brought in a HEFTY profit of $2,740 for us to wrap up a gorgeous week of trading in Gold with the Auto Traders!
Gold Performance |
Gold has had a phenomenal week locking in a profit of $2,740 for us making this a VERY profitable week!
We have our largest winning trade coming in at $880 while the largest losing trade is all the way back at only $160. Our average winning trade is sitting at a firm $676 while the average loss is down at $160 for a trade reward vs. risk average of 4.22 and a total profit factor of 5.28!
We are seeing an increase in trades taken at 1.13 per day on average with the typical hold times of 166.7 minutes.
Gold Executions |
Gold took a total of 9 trades giving us a commission cost total of $45 per contract traded.
Out of the 9 total trades we have 5 of them coming back as winning trades leaving the 4 left as losers. This gives us a trade accuracy total of 55.56% to wrap up a solid week of trading for the FLEX Auto Trader on Gold!
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