Elite GOLD Trading Strategy in 40 seconds
Loses money
No edge after realistic trading costs
- trades tested
- 2,444
- per trade after costs
- -3.36bp
- winners
- 40%
- years of data
- 17.5
On gold, take the higher-timeframe trend direction, mark the high and low of the first 15-minute candle at 9:30 a.m. Eastern, then on the 5-minute chart wait for a candle to break and close outside that range in the trend direction and enter on the retest of the range edge. If the break candle also closes beyond the recent swing low/high he enters immediately instead; target is the next demand/supply area.
The exact rules we tested
- 01Instrument: XAUUSD | Signal timeframe: 5m | Direction: both
- 02Session: 09:30-16:00 (exchange tz), flat at session end
- 03No new entries after 12:00
- 04At most 1 trade(s) per day
- 05LONG when: close crosses above or.high
- 06SHORT when: close crosses below or.low
- 07Higher-timeframe inputs (closed-bar values only, no repaint): htf_c on 1h, htf_ema on 1h
- 08Long filter: htf_c > htf_ema
- 09Short filter: htf_c < htf_ema
- 10Entry: limit order resting at or.high (longs) / or.low (shorts), fills when price comes to it (expires after 12 bars)
- 11Stop: at the or.mid level
- 12Target: 1.5R (risk-multiple of stop)