A really interesting strategy to do automatic trading on the gold asset with important results. Especially in the long term, as the tests show it is a solid system that will be able to perform well even for long periods of time.  The idea of ​​the strategy is mainly based on the price action, mainly by identifying precise breakout spots and closes the trades towards the end of the day ( flat max after 09.00 pm GMT+1 time ). Suitable operativity, designed and optimized precisely for automatic trading on the price of gold on 1H timeframe.

OVERVIEW

PROFIT FACTOR (Run-up in green vs. Drawdown in red)

EQUITY LINE

OPERATIVITY

Additional info

 Results are shown for an hypothetical initial capital €10000 with contract size 1 at €10 per point on the “Spot GOLD mini (10oz)” We currently use it on this asset, if you have small capital you could use it on “Spot Gold (E1)” (€1 per point value) where opening a trade will only require €100 of margin capital so is suitable also for small traders. The bot is already designed and set to work as well as possible so we recommend  you to not change these settings if you don’t know what you are doing. After purchasing the license for the Golden Dragon you will always be assisted and we are always available for requests, info or assistance.