Gold Spike for NinjaTrader
This system was added on 5/26/2011 for the Tradestation Platform and is now available for the NinjaTrader Platform as of 01/11/2012. Gold Spike is a trading system taken from our stock index portfolio used to fade short term spikes in the Gold futures markets.
Since it’s release, Gold Spike was one of the most profitable trading systems in 2011.
Gold Spike uses an $800 stop loss and has an input to limit the number of trades per day. In 2011, we used 3 maximum daily entries. Starting out in 2012, we are only using a maximum of 1 daily entry in our 100k Low Frequency Portfolio in order to limit maximum daily risk. It is possible to increase the number of daily entries during the year as there are profits in the portfolio.
This strategy trades five minute charts. The Gold Spike trading system enters trades between 7:30 am – 2:30 pm EST and exits by 4:00 pm EST for any open positions so that no trades are held overnight.
Order below and will send you the NinjaScript within one business day. A screen shot of the Performance as well as the settings are shown below.
Gold Spike NinjaTrader Performance 1/1/2009-1/10/2012 Click to Enlarge