time period is 22.12.2005 - 22.12.2010
gold etf basket AU CEF DGL GDX GFI GLD HMY IAU KGC
Money management:
Number of shares to buy is determined by the follown formula. 20% of initial position divided by (Close-2 time 13 period ATR). Start allocate capital from those ETFs which have highest Close/200daySMA ratio.
Long:
- Take only long trades
- 2 period RSI is less than 30
- today is spy’s close is 1% above its 200 day SMA
- today is lowest low of the past 7 days
Exit Long
- method 1 : if 13 period adx is less than 30 and dmplus is higher than dminus and today is highest high of last 7 days
- method 2 : 13 period adx is greater than 30 and close > (13day ema + 2*atr13) and dmplus is higher than dminus
