Automated Trading Strategy Review – Gold Futures

Gold Auto Trader

Gold has had a nice bit of movement over the past week but it has been quite choppy whipping around a little bit within the trend. This normally does make it a bit more difficult to get into a trade and hold it for a while.

Even with the extra whip we have been seeing in Gold, the FLEX Auto Trader banked us a solid profit of $240 for the week!

Gold Performance

Gold had a great week of trading banking us a profit of $240 this past week.

We have our largest winning trade coming back at a whopping $1,040 while the largest loss is all the way back at $160. Along with that, our average winner and loser are the same at $1,040 and $160 respectively giving us a reward vs. risk average of 6.50 and a total profit factor of 1.30.

We are seeing a slight slow down in trades taken at .86 trades per day on average and the hold times have also dropped to only 88.8 minutes.

Gold Executions

Gold took a total of 6 trades this past week for a commission cost total of $30 per contract traded.

We have 1 of the 6 coming in as a winner leaving the remaining 5 as losses for a trade accuracy of 16.67% showing the raw strength of risk vs. reward on trades!