Gold Emperor

Gold Emperor Gold Emperor Gold Emperor
TimeFrame: M30
Profit factor 1.52
Instrument: Forex
Supported platforms: MetaTrader 4, MetaTrader 5, StrategyQuant
Type: Breakout

The XU_30_913073101_S_HH_CF_SQX is an algorithmic trading strategy for MetaTrader, tested on XAUUSD (Gold) using the M30 timeframe from April 1, 2004, to April 24, 2024. Key details are:

Parameters
MagicNumber: 913073101
Main Chart: Current symbol and timeframe

Trading Options
Weekend Trading: Allowed
Daily Exit: Disabled
Friday Exit: Enabled at 21:00
Max Trades/Day: No limit
Stop Loss (SL) and Profit Target (PT): No predefined limits

Entry Signals
Long Entry: Triggered when the 50-period EMA (PRICE_MEDIAN) is falling for 2 bars, 10 bars ago.
Short Entry: Triggered when the 50-period EMA (PRICE_MEDIAN) is rising for 2 bars, 10 bars ago.

Entry Rules
Long Entry: Opens long orders at the highest price of the last 422 bars plus 0.60 times the biggest range of the last 14 bars, with a SL of 8.1 * ATR(7) and a trailing stop of 1150 pips, valid for 82 bars.
Short Entry: Opens short orders at the lowest price of the last 422 bars minus 0.60 times the biggest range of the last 14 bars, with a SL of 8.1 * ATR(7) and a trailing stop of 1150 pips, valid for 82 bars.

Exit Rules
Long Exit: Closes full position if market is long and no LongEntrySignal is active.
Short Exit: Closes full position if market is short and no ShortEntrySignal is active.

Sign In

Register

Reset Password

Please enter your username or email address, you will receive a link to create a new password via email.

Membership

An active membership is required for this action, please click on the button below to view the available plans.