” 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

///////////////////////////////////////////////////////////////////////

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“