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

See all articles by Manyat Wong

Manyat Wong

Finamatrix Investments Pte. Ltd.; Beijing Normal University - Zhuhai Campus

Lanz Chan

Finamatrix Investments Pte. Ltd.; Beijing Institute of Technology - Zhuhai Campus

Wing-Keung Wong

Asia University, Department of Finance

Date Written: June 20, 2014

Abstract

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

Suggested Citation

Wong, Manyat and Chan, Lanz and Wong, Wing-Keung, Automated Gold Trading with MT4 (June 20, 2014). Wong Manyat, Chan LCWJ and Wong WK (2014) Automated Gold Trading with MT4. Finamatrix Journal, Jun 2014.. Available at SSRN: https://ssrn.com/abstract=2457098

Manyat Wong (Contact Author)

Finamatrix Investments Pte. Ltd. ( email )

Singapore

Beijing Normal University - Zhuhai Campus ( email )

18 Jinfeng Rd, Xiangzhou Qu
Guangdong Sheng
Zhuhai Shi, Guangdong
China

Lanz Chan

Finamatrix Investments Pte. Ltd. ( email )

Singapore

HOME PAGE: http://www.finamatrix.com

Beijing Institute of Technology - Zhuhai Campus ( email )

Tangjia Bay
Zhuhai, Guangdong
China

Wing-Keung Wong

Asia University, Department of Finance ( email )

Taiwan
Taiwan

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