Single Shot
ARNF-GOLD-M15 - Single Shot XAUUSD according to CCI and HULL
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arnold
4 min read
20/03/2023
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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

  • CCI Index – BB(20) < -100

  • CCI JMA Index (32.32) crosses up

  • The candle close above Hull(20)

  • Time Frame: M15

Sell conditions

  • CCI index – BB(20) >100

  • CCI JMA Index (32,32) crosses down

  • The candle close below Hull (20)

  • Time Frame: M15

Risk management

  • Fixed Volume: 0.2 lots

  • SL is 50 points from R2 and S2 of PivotPoint indicator

  • R:R = 1:5

  • Close the order regardless of profit or loss when having the following signal:

  • Buy case : When CCI-BB (20) > 100 and VertexMod (14) signal overbought

  • Close Sell order : When CCI-BB (20) < -100 and VertexMod Indicator (14) gives an oversold signal

  • Start Trailing Stop when the price has run 639 points

Backtesting results

The EA backtested under the following conditions:

  • Time Frame: M15

  • Backtest period: 01/01/2021 - 25/12/2022

  • Symbol: XAUUSD

  • Balance: $10.000

Backtest settings

ARNF-GOLD-M15 backtesting results

The backtest result is evaluated based on 4 criteria:

  • Drawdown recovery period = EDD * Number of months Backtest / Total Net Profit

  • History Quality ≥ 99%

  • Profit Factor ≥ 1,5

  • 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

  • The EA is free of charge and shared by member Ngô Anh Tuấn (Telegram: @ngotuan81) of FXCE EA.

  • Used on MT5 FXCE platform

  • Any purchase, sale or exchange in any form is not allowed.

  • 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.

  • Copy the “.config” file into the folder where the FXCE Giga config file is saved.

  • To access the folder where the config file is saved, go to FXCE Giga and select the File > Open Data Folder menu.

  • After loading the config file into FXCE Giga, users can perform backtest or forward test.

 

#FXCEGiga
#Giga EA Sample
#Single Shot
#Giga Collection
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