XAUUSD Gold trading strategy on Friday only
November 7, 2016, 10:10 AM
Strategies
4 Comments
Hi there,
after a long time of reading all the great strategies I will try to make my first contribution.
Very simple, very easy. Buy Gold Mini only on a Friday afternoon and sell it on the same day.
- Gold Kasse Mini (10 oz)
- Timeframe: 1h
- Tested with Data from IGMarkets (since 2006) and Version 10.2
Looking for your comments and an idea how to reduce the losses to make the system more profitable.
Rgds,
Clemens
Code:
// Wenn der 25te ein Wochenende ist, dann kaufe am nächsten Werktag
DEFPARAM CUMULATEORDERS = False
DEFPARAM PRELOADBARS = 10000
// Positionsize
positionSize = 5
//Start and end of the position
startTime = 150000
// Go Long...
IF Not LongOnMarket and (CurrentDayOfWeek = 5) and (OpenTime = startTime) then
BUY positionSize CONTRACTS AT MARKET
ENDIF
// Bedingungen zum Ausstieg von Long-Positionen
if onmarket and BARINDEX-TRADEINDEX(1)>=6 then
Sell AT MARKET
Endif
// Stops und Targets: Legen Sie hier schützende Stops und Profit Targets fest
SET STOP LOSS 21
Download
Filename:
XAUUSD-Gold-Friday-Only.itf
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