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Attachments: EA Friday Gold Rush
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EA Friday Gold Rush

  • Post #1
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  • First Post: Edited Feb 20, 2021 7:26am Feb 13, 2021 1:26pm | Edited Feb 20, 2021 7:26am
  •  ForexAs
  • | Joined Oct 2011 | Status: Member | 23 Posts
TRADING STRATEGY: THE FRIDAY GOLD RUSH
Description
This strategy, used by fund manager Andre Stagge, stands out due to its simplicity: buy gold every Thursday evening and keep the position 24 hours. On Friday evening the position is sold. As an alternative it is also possible to close the position Monday morning. The results are fairly similar in both cases. The strategy does not use a profit target or a stop loss.

It is a very successful strategy!

Is is possible, that somebody here in the group can create an EA for MT5 with following Parameters.

1. Open 3 partial trades at thuersday 21.55 (0.01), 23.55 (0.01) and friday 01.30 (0.01) - (timing adjustable) - GMT Time
2. Close all trades (0.03) at friday 21.55 (adjustable) - GMT Time
3. Stopploss 50 Points (SL adjustable)
Attached Image
  • Post #2
  • Quote
  • Feb 15, 2021 4:19pm Feb 15, 2021 4:19pm
  •  alanbTrader
  • | New Member | Status: Junior Member | 1 Post
I Can create this EA
4
  • Post #3
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  • Feb 17, 2021 7:02am Feb 17, 2021 7:02am
  •  Crush29
  • | Joined Sep 2019 | Status: Member | 6 Posts
This that gmt time?
  • Post #4
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  • Feb 17, 2021 3:08pm Feb 17, 2021 3:08pm
  •  ForexAs
  • | Joined Oct 2011 | Status: Member | 23 Posts
Quoting alanbTrader
Disliked
I Can create this EA
Ignored
This would be Great, when you create an EA!!!

And yes , it is GMT Time!
1
  • Post #5
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  • Feb 17, 2021 3:49pm Feb 17, 2021 3:49pm
  •  cryptoguy
  • | New Member | Status: Junior Member | 1 Post
would definitely try this...seems too simple, right
  • Post #6
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  • Feb 18, 2021 2:06am Feb 18, 2021 2:06am
  •  kofix11
  • | Joined Dec 2011 | Status: Member | 628 Posts
Thanks ForexAs
...but hold in mind it will only work in uptrend (see 1990 - 2001) ;-)
  • Post #7
  • Quote
  • Feb 19, 2021 4:08pm Feb 19, 2021 4:08pm
  •  ForexAs
  • | Joined Oct 2011 | Status: Member | 23 Posts
One idea is to Split 1 Buy Trade into 3 Entry Trades......

Manual Trade from 18.02 - 19.02
1. Buy 22.00 (GMT Time, 18.02)...0.01 Lot
2. Buy 24.00 (GMT Time, 18.02)...0.01 Lot
3. Buy 01.30 (GMT Time, 19.02)...0.01 Lot
4. Sold 21.55 (GMT Time, 19.02)..0.03 Lot

Result +36 Points
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Size: 526 KB
1
  • Post #8
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  • Feb 20, 2021 7:21am Feb 20, 2021 7:21am
  •  ForexAs
  • | Joined Oct 2011 | Status: Member | 23 Posts
Quoting alanbTrader
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I Can create this EA
Ignored
Is it possible that you can create an EA? Also for MT5?
  • Post #9
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  • Feb 20, 2021 7:22am Feb 20, 2021 7:22am
  •  ForexAs
  • | Joined Oct 2011 | Status: Member | 23 Posts
Another Entry Version
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Size: 117 KB
  • Post #10
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  • Feb 22, 2021 8:05am Feb 22, 2021 8:05am
  •  interbucks
  • | Joined Jan 2012 | Status: Member | 263 Posts
I am not a coder.
Maybe this EA can help.... if someone can modify it.
I tried to get a coder to assist, but no one so far......

alanbTrader you mentioned above you are working on an EA,
this might help you?
Attached File
File Type: mq4 VFX_London_Breakout (1).mq4   59 KB | 18 downloads
  • Post #11
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  • Feb 22, 2021 8:47am Feb 22, 2021 8:47am
  •  interbucks
  • | Joined Jan 2012 | Status: Member | 263 Posts
Quoting alanbTrader
Disliked
I Can create this EA
Ignored
Any news yet regarding the EA plse?
  • Post #12
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  • Last Post: Feb 23, 8:01am (34 hr ago) Feb 23, 8:01am (34 hr ago)
  •  asalami23
  • | Joined Jun 2020 | Status: Member | 51 Posts
Thursday is near......
1
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