Gold/Silver 30m Only Strategy Buy/Sell Signals by MtxTrader

XAUUSD Gold Silver XAG USD ( Silver / US Dollar) 30minute strategy rsi_divergence Exponential Moving Average (EMA)

xauusd gold silver xagusd 30minute strategy rsi_divergence ema

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 the 162 day EMA and RSI is less than 35

Sell order - when price is below the 162 day EMA and RSI is greater than 65

I will probably be adjusting it to increase the profitability and %success rate.

Open-source script

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