created : 6 months ago| | live deployment: 3
Strategy description
This is an always-in-trade positional strategy for Gold Mini futures designed to capture large price swings.
Instead of waiting on the sidelines, the strategy is always either long or short. It detects trend changes and after confirming momentum takes the trade. When the direction flips, it immediately reverses the position.
The goal is to stay aligned with gold’s momentum, riding strong uptrends and downtrends without missing moves.
It performs best in volatile, trending markets, but can face losses during sideways phases.
Because of gold’s volatility, it uses wider stop losses to avoid getting shaken out.
It takes one counter per month.
Expected Trades are around 20 per month, making it a low trade and low frequency strategy. Accordingly PNL swings can be large.
Expected Cost is Rs 3500 per month including brokerage (at Rs 20, CTT and Stamp Duty)
