Automated Gold Trading with MT4
Wong Manyat, Chan LCWJ and Wong WK (2014) Automated Gold Trading with MT4. Finamatrix Journal, Jun 2014.
6 Pages Posted: 25 Jun 2014 Last revised: 21 Apr 2015
Date Written: June 20, 2014
This paper reports the performances of expert advisor (EA) strategies that are tested on the popular metatrader4 (MT4) platform. The results show the profitability and stability of the strategy; for the test period of July 2013 to March 2014 on per minute (M1) data, the net profit return is nearly four times based on an approximate 45% winning rate, providing evidence that the trading strategies have room for improvements but can also run efficiently in micro-accounts. Further development work is to be performed for reduction of the average loss trade and maximal drawdown.
Keywords: gold trading, expert advisor, automated algorithms, metatrader, quantitative trading, black box
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