New BOT XAUUSD - high profit-450%/year
Description
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- The robot only works on XAUUSD M1 timeframe.
Price Action Strategy:
BUY signal (opposite for a SELL order):
When the price is fluctuating in an uptrend band, open an order when the price returns to the old bottom and add some sufficient conditions.
- Stop loss: All trades have a stop loss. It relies on the Fractal indicator or the Supertrend indicator or the neighboring price zone.
- Take profit: All transactions have a set takeprofit. It is based on the Fractal indicator or the neighboring price zone or an optimal ratio.
- Capital management: Each entry signal is only one order. Move stop loss dynamically when price moves in the right direction. Take profits continuously when the price moves in the right direction to maximize profits. Also relies on Kelly's capital management method to bet higher amounts on orders that are likely to yield larger returns and vice versa.
- Robots are improved every day for better performance.
Backtesting data: Version: Gold; Broker: Icmarkets; Data: Tick data from server (accurate); Commission: 30
- More than 9 years profitable. if trading with 2% risk, the profit is about 450% per year (You can backtest every year to see the annual profit)
- Backtest From 19 Jan 2014 - 18 May 2023 with tick data.We have a profit of about 16,048,000 usd with an initial capital of 1,000 usd if we place a 2% risk per order. The maximum Balance Drawdown is about 23%. This profit is equivalent to 450% per year.
- Backtest From 19 Jan 2014 - 18 May 2023 with tick data.We have a profit of about 16,048,000 usd with an initial capital of 1,000 usd if we place a 2% risk per order. The maximum Balance Drawdown is about 23%. This profit is equivalent to 450% per year.
- Backtest From 19 Jan 2014 - 18 May 2023 with tick data. We have a profit of about 348,000 usd if we place a fixed 500 usd/order (equivalent to 696R for over 9 years). This profit is equivalent to 6.1R per month.
- Backtest From 19 Jan 2014 - 18 May 2023 with tick data. We have a profit of about 348,000 usd if we place a fixed 500 usd/order (equivalent to 696R for over 9 years). This profit is equivalent to 6.1R per month.
Annual backtesting data: Starting Capial: 10000 usd; Risk: Fix 500 usd/order; Version: Gold;
Broker: Icmarkets; Data: Tick data from server (accurate); Commission: 30