This strategy was developed in September 2018. It takes long only breakouts. There are three periods of time when this strategy backtests well. We go over the backtest in the video and look at three different timeframes.
This is a very simple strategy that trades 60 minute charts and uses a $1000 stop loss and $1000 profit target. The results for Gold are also shown below for the last two years using a $1000 stop loss and $500 profit target.
This strategy is designed to work in Tradestation, MultiCharts, and NinjaTrader.