I recently ran across an interesting piece of research on the Gold market that seems ripe for building an EA to test:
SK Options Trading - Updates - Proposing an Overnight Gold*Fund
The following charts seem to verify a positive expectancy, prior to the costs of trading friction:
It seems too simple to just buy and sell the metal based on the time of the day, but I guess we should never underestimate the power of a simple idea. Anyhow, I'd sure be interested to see what Funyoo can do with this.
Additional background on the Genesis of the strategy can be found here: