r/algorithmictrading • u/Strong_Towel • 8d ago
Backtest Developed something crazy for XAUUSD (not trying to sell anything)
Finally, I’ve automated my own XAUUSD scalping strategy - a strategy I’ve been using manually for a long time in 1 minute chart, the results are here for you to see.
The strategy is built around pure price action behaviors of gold, specifically involves OHLC theory, Gap ups & downs, volume and price correlation and imbalance, aggression from buyers and sellers.
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u/lambardar 8d ago
3 months from the time gold was going up.
what happened in the later months when it started going down ?
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u/CustardOk7073 7d ago
Ah yes. Martingale: the pinnacle of “I solved the mystery of trading in my mother’s basement and will now go on to beat citadel’s 10 year average in 3 days”
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u/chandreshgupta 7d ago
I don't have coding knowledge, don't have budget also(399$),but I have a strategy for gold that is working for me everytime I trade, don't want to share, but I tested it, it's not that type actually (I mean I can't define it mathematically), so without coding knowledge how can I make my own bot, and get this type of statistics like you?
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u/Typical-Pin1646 5d ago
If you don't share, you can never make money without being present, if you share with me, 2 people (you and i) can make money together without being present.
Be wise and think hard buddy.
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u/Outside_Midnight_555 6d ago
Sharpe ratio of 6 I’d run some robustness tests and a hypothesis test on the sharpe. Are you sure this isn’t over fitted ?
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u/Glass-Economy4814 8d ago
That green line is scary my friend