RossTyler

GOLD / XAUUSD running +4.5% / 176 PIPS / Risk Free - HOLDING πŸ”₯!!

Short
OANDA:XAUUSD   Gold Spot / U.S. Dollar
XAUUSD Update on the trade from yesterday - all TP's have been hit using the Gold M15 strategy that has been developed. We will continue to hold this trade until a reverse signal is printed as during backtesting this proved most profitable.

Check out the related idea's at the bottom.

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Not found that crystal ball that everyone else β€œhas” to tell you where price will go? Sick of chopping and changing strategy? Keep changing signal groups? Struggling with chart analysis? Want more time in life rather than spending hours on the charts?

We don’t have a crystal ball and we don’t use any technical chart analysis... however we do have a proven strategy using the tool we created based on upon 4 indicators lining up in total confluence to increase the probability of the trade being a success.

How does it work?

Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term.

The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc.

This could be on your phone through the Trading View app, or laptop of course.

You can see the back testing profitability shown below, although you can not use back testing to predict the future, both the volume of trades, net profit, win rate and draw down demonstrate a solid foundation and data to move forward from.

How will it help you?

The hard work is done, so we have zero chart work time, no analysis, no time in front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy...

When a trade is valid - a Buy or Sell label will appear with the Entry price, SL and multiple TP's shown on the chart.

IMPORTANT note, the test results show and confirm that the most profitable exit strategy with these settings is 'FT&SL' this means we enter the trade with a Stop Loss (SL) and simply hold and follow the trend (Follow Trend = FT ) until a reverse signal is printed.

The lot size will also be displayed and this is based on the risk parameters you have set personally in the calculation section. It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management.

Disclaimer alert; Please remember past performance is exactly that - how our strategy performed over those dates tested, it is not obviously a guarantee of future performance.

Interested in access or more information?

No problem, simply drop us a DM via trading view for access information.

Thank you for reading.

Comments

woow good stuff
+3 Reply
RossTyler Jamal-121
@Jamal-121, Thank you :)
+1 Reply
Nice analysis. Thanks @RossTyler
Reply
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