Hi all,
I only joined ff this year, but I am professional forex trader. I have Journal on forexfactory "Trade for a living".
I have developed Trading system that trade Gold (and some other pairs prehaps Oil), but main speciality is Gold.
From April this year I ran on demo: http://www.myfxbook.com/members/ande...achine/2139014
Early results are promising, with 28% equity gain on low risk settings, very small drawdown. Backtests are excellent and forward test conform to backtest performance.
Normally I only trade Forex, but spend some time this year looking at other instruments, many people trade gold but I did'nt see a good (not martingale) system for this metal yet.
The system uses price action on 30-Minute and 1 hour chart to make entry. Only has 2 trades open at same time, one trade per timeframe. No silly averaging down tactics, or martingale non-sense.
Reward is X2 greater than risk, so, system will always have greater win than loss trade. It relies on momentum to carry through the trade until take profit is hit. It works better when market is more volatile with direction bias.
Its best used in Low spread Gold Broker. I will put on small live account in mid-august after a vacation.
I will create a pack to use the EA, it will be free. Just send me PM. It will take me some days to create the install and using guide.
Gold luck to you all!
I only joined ff this year, but I am professional forex trader. I have Journal on forexfactory "Trade for a living".
I have developed Trading system that trade Gold (and some other pairs prehaps Oil), but main speciality is Gold.
From April this year I ran on demo: http://www.myfxbook.com/members/ande...achine/2139014
Early results are promising, with 28% equity gain on low risk settings, very small drawdown. Backtests are excellent and forward test conform to backtest performance.
Normally I only trade Forex, but spend some time this year looking at other instruments, many people trade gold but I did'nt see a good (not martingale) system for this metal yet.
The system uses price action on 30-Minute and 1 hour chart to make entry. Only has 2 trades open at same time, one trade per timeframe. No silly averaging down tactics, or martingale non-sense.
Reward is X2 greater than risk, so, system will always have greater win than loss trade. It relies on momentum to carry through the trade until take profit is hit. It works better when market is more volatile with direction bias.
Its best used in Low spread Gold Broker. I will put on small live account in mid-august after a vacation.
I will create a pack to use the EA, it will be free. Just send me PM. It will take me some days to create the install and using guide.
Gold luck to you all!
myfxbook DOT com/members/TopTradeBot
