Evening 6:00 PM to Midnight 12:00 AM Strategy (XAUUSD / GOLD)
An example of a time frame that salarymen and others are apt to target
TP:SL is about 7:13
From mid-November onward, performance is somewhat weak, so should we go with the traditional path? In December, it may be best not to trade.
Initial margin: 300 000
Leverage: 1:25
History quality: 100% realism
Total net profit/loss: 182 255
Max drawdown on balance: 34 664 (7%)
Max drawdown on margin: 42 831 (9%)
Profit factor: 1.53
Recovery factor: 4.26
Sharpe ratio: 2.58
Z-Score: 1.70 (91.09%)
Number of trades: 136
Winning trades (win rate %): 101 (74.26%)
Losing trades (loss rate %): 35 (25.74%)
Max consecutive wins (amount): 15
Max consecutive losses (amount): 2
⇒Product page, click here: MT5 Gold "Dignified" Indicator
(Note: There may be slight discrepancies between the EA and the indicator)