
Overview
ARNF-GOLD-M15 trades XAUUSD Single Shot is configured on FXCE Giga by member Ngo Anh Tuan (Telegram: @ngotuan81) of FXCE - EA community.
The EA trades when the market is in an overbought/oversold zone as determined by the CCI indicator. Entry point depends on the position of the closing price relative to the Hull indicator.
ARNF-GOLD-M15 on MT5
ANFA-GOLD-M15 has started Forward Test, you can follow trading results on FXCE Social Trading Platform here.
ARNF-GOLD-M15 trading method
Strategy
Buy conditions
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CCI Index – BB(20) < -100
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CCI JMA Index (32.32) crosses up
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The candle close above Hull(20)
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Time Frame: M15
Sell conditions
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CCI index – BB(20) >100
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CCI JMA Index (32,32) crosses down
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The candle close below Hull (20)
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Time Frame: M15
Risk management
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Fixed Volume: 0.2 lots
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SL is 50 points from R2 and S2 of PivotPoint indicator
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R:R = 1:5
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Close the order regardless of profit or loss when having the following signal:
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Buy case : When CCI-BB (20) > 100 and VertexMod (14) signal overbought
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Close Sell order : When CCI-BB (20) < -100 and VertexMod Indicator (14) gives an oversold signal
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Start Trailing Stop when the price has run 639 points
Backtesting results
The EA backtested under the following conditions:
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Time Frame: M15
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Backtest period: 01/01/2021 - 25/12/2022
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Symbol: XAUUSD
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Balance: $10.000
Backtest settings
ARNF-GOLD-M15 backtesting results
The backtest result is evaluated based on 4 criteria:
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Drawdown recovery period = EDD * Number of months Backtest / Total Net Profit
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History Quality ≥ 99%
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Profit Factor ≥ 1,5
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Equity Drawdown ≤ 15%
Drawdown recovery period |
Comparison |
Standard number of months |
Criteria |
4.27 |
< |
6 |
Enough |
History Quality |
Comparison |
Required level |
Criteria |
100% |
> |
99% |
Met |
Profit Factor |
Comparison |
Required level |
Criteria |
1.82 |
> |
1.5 |
Met |
Equity Drawdown |
Comparison |
15% |
Criteria |
6.31% |
< |
15% |
Met |
More information on the Backtest assessment guiding: https://ea.fxce.com/post/huong-dan-danh-gia-ket-qua-backtest_636a2d4e56a5ec0001ade8e3
Configurating on Giga
Follow the steps to configure and can customize the EA:
Entry tab settings
Buy order
Sell order
Volume tab settings
Buy order
Sell order
Close tab settings
Buy order
Sell order
Settings tab
Action tab settings
Terms of use
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The EA is free of charge and shared by member Ngô Anh Tuấn (Telegram: @ngotuan81) of FXCE EA.
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Used on MT5 FXCE platform
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Any purchase, sale or exchange in any form is not allowed.
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FXCE as well as Ngô Anh Tuấn are not responsible for any loss during use.
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Download the EA config here
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Detailed instructions on how to use EA from EA Giga library can be found here.
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Copy the “.config” file into the folder where the FXCE Giga config file is saved.
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To access the folder where the config file is saved, go to FXCE Giga and select the File > Open Data Folder menu.
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After loading the config file into FXCE Giga, users can perform backtest or forward test.
