Gold Friday Anomaly Strategy

12月3日

This script implements the "Gold Friday Anomaly Strategy," a well-known historical trading strategy that leverages the gold market's behavior from Thursday evening to Friday close. It is a backtesting-focused strategy designed to assess the historical performance of this pattern. Traders use this anomaly as it captures a recurring market tendency observed over the years.



What It Does:

1. Entry Condition: The strategy enters a long position at the beginning of the Friday trading session (Thursday evening close) within the defined backtesting period.
   
2. Exit Condition: Friday evening close.
   
3. Backtesting Controls: Allows users to set custom backtesting periods to evaluate strategy performance over specific date ranges.
   

Key Features:

• Custom Backtest Periods: Easily configurable inputs to set the start and end date of the backtesting range.
  
• Fixed Slippage and Commission Settings: Ensures realistic simulation of trading conditions.
  
• Process Orders on Close: Backtesting is optimized by processing orders at the bar's close.
  

Important Notes:

• Backtesting Only: This script is intended purely for backtesting purposes. Past performance is not indicative of future results.
  
• Live Trading Recommendations: For live trading, it is highly recommended to use limit orders instead of market orders, especially during evening sessions, as market order slippage can be significant.
  

Default Settings:

• Entry size: 10% of equity per trade.
  
• Slippage: 1 tick.
  
• Commission: 0.05% per trade.