In my free time I felt like coding this strategy, and after backtesting it, it appears that the 30m time frame is the most profitable. I only have been working on it for gold, but it should work similarly for silver as well. This includes no pyramiding, and with pyramiding orders of 5, this strategy is upwards of 100% profitable. Buy order - when price is above...
Simple Moving Average strategy for USO - United States Oil Fund . This strategy can be used on stocks and currencies but will need to tweak frequency on chart and backtest Max Draw Down to Net Profit ratios for maximum dollar gains.
Goldfinger. He's the man, the man with the midas touch. A spider's touch. Such a cold finger. Beckons you to enter his web of sin But don't go in.
Request for Khizon01: corrected a issue with the default stoch rsi settings (14 smoothing when it should be 3), can always change back since the 14 settings were better performing at the current chart. added option to just open buy trades or sell trades separately and close were previously swing trade occur. added plot titles.
Still working on fixing the code 100%. Will update with a new version soon. This one's fine tuned for gold (tp and sl size, and contract size for a 100k account) Cheers, Ivan Labrie Time at Mode FX