Monday, July 21, 2014

Automated Trading Strategy Review - Gold Futures

Gold Auto Trader
Gold has been quite sideways overall this week seeing prices rotate between the highs and lows several times back and forth now.

This is giving the FLEX Auto Trader a lot of room to take some solid looking trades albeit very sloppy. This has brought in a profit for us of $160 this past week!

Gold Performance
Gold has had a fairly decent week even with the choppiness back and forth banking us a profit of $160 in total.

We have our largest winning trade coming back at $480 while the largest losing trade is nice and small back at $160. Our average winners and losers are the same at $480 and $160 respectively. This gives us a reward vs. risk average of 3.00 and a total profit factor of 1.20.

We are seeing a bit of a slowdown in trades coming back at .88 per day day but the hold times are quite a bit faster at 62.2 minutes on average.

Gold Executions
Gold had a total of 7 trades fire off this past week for a commission total of $45 per contract traded.

We have 2 of the 7 coming in as winning trades while the other 5 are losers for a trade accuracy of 28.57% which really demonstrates the power of risk vs. reward!

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