QUICK &
” GOLD 3H BREAKOUT “
Breakout Strategy in Trading:
Breakout, is the trading strategy used by many traders to gain advantages on the continuation of the trend.
How a Breakout works:
The algorithm recognizes a trading range, this is a period where the market remains without a direction, to then resume with an explosion of volatility in the direction of the original trend.
The chart below is an example from a LIVE transaction of the ” GOLD 3H BREAKOUT “ algorithm
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The strategy works with a time frame of 3 hours
The trading system is effective with both long and short trades.
Active Capital Management
Backtesting done until December 2022
Forward run done 70/30 not anchored
The Bot has been stress tested with Monte Carlo software to be efficient and profitable
Capital Management:
The trading system has capital management to achieve high performance with low drawdown.
Algorithm Details:
Entry Time: 09:00 – 22:00
Stoploss for Long trades are managed based on trading time with a maximum: 3.70%
( touched only once in 2020 )
Stoploss for Short trades is managed based on trading time with a maximum: 2.75%
Trailing stop: yes
Long target: 1.80%
Short target: 2.85%
Weekend:
The algorithm does not close on weekends
“BACKTEST – GOLD 3H BREAKOUT”
Forward walk performed 70/30 without anchoring Annually
“LIVE – GOLD 3H BREAKOUT“
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