Quote:
Originally Posted by edwardBe
Thanks mucho Mystik! I'm running a demo on FXOpen; they have gold and silver. Would you mind disclosing your settings, like H1, M1 or whatever, TP, SL, Trailing Stop, if any, etc? It would rock if this worked. Great diversification! As or if the economy crumbles, many people will be running to metals, so longer term positions might be appropriate.
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Hey Edward!! Sorry it took me so long to respond, I've been very busy lately. My settings are as follows:
LOTS:0
LRR:3
MAX ORDERS:5
MAX LOTS:100
STOP TIME:5
AAA:275
BBB:35
TAKE PROFIT:250
TRAILING STOP:100
PERIOD MA:13
The rest are default settings and I haven't actually played with the settings that much. These seem to work okay so far. I have been hit with a few big draw downs that took a big chunk from my account but
FAPS made it back within a week.
FAPS for some reason has only been trading silver and any gold trades it opens it always losses. So if someone can come up with a better setting for gold please share!! So as of right now FAPS is up $50 on two silver trades. I might just close them out myself because I think silver is going to come back down some.
Try these settings out and adjust them around to see if we can come up with something better. I have a feeling gold and silver might be the hot market in the near future.
It's Gold, I tells ya, Gold!
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