Running Iron Condors and Gold Futures on the Same Platform
Tradematic runs two automated strategies under a single subscription: the Iron Condor options strategy and the Gold Breakout futures strategy. Both are live, both are automated, and both are included at no extra cost. Running both on the same platform does not require separate subscriptions or separate logins.
Here is how the two strategies work together and what to think about before allocating capital to each.
What Each Strategy Does
Iron Condor (Options)
An iron condor is a defined-risk options strategy that profits when the underlying asset stays within a price range. Tradematic's Iron Condor strategy uses institutional positioning data — gamma levels, hedge walls, and dealer hedging flows — to find high-probability range setups. The strategy targets a 90%+ probability of profit at entry.
Supported brokers: Tradier and Tastytrade. Minimum account: $1,000 (typical working range: $5,000–$20,000).
For a deeper explanation, see what is an iron condor and how it makes money.
Gold Breakout (Futures)
The Gold Breakout strategy captures explosive directional moves in gold futures after consolidation. It enters at the breakout point, runs to a defined target, and exits on the stop if the move reverses. The strategy showed a 94%+ win rate in testing across hundreds of trades — past performance does not guarantee future results.
Supported broker: Tradovate. Minimum account: $1,000.
How the Two Strategies Differ
| Iron Condor | Gold Breakout | |
|---|---|---|
| Market | Options (equity indices) | Futures (gold) |
| Direction bias | Neutral — benefits from range | Directional — benefits from breakout |
| Broker | Tradier or Tastytrade | Tradovate |
| Risk structure | Defined at entry (spread width) | Fixed dollar stop loss |
| Capital minimum | $1,000 ($5k–$20k typical) | $1,000 |
| Included in subscription | Yes | Yes |
The two strategies have different market exposures. Iron condors benefit from low-movement, range-bound sessions. Gold Breakout benefits from directional momentum in gold. Because gold often moves based on macro factors — inflation expectations, dollar strength, central bank activity — while equity index options respond to different signals, the two strategies can operate with different underlying drivers.
This is not capital allocation advice. How you split capital between the two strategies, or whether you use one or both, is your decision based on your account size, risk tolerance, and preferences.
What One Subscription Covers
A single Tradematic subscription includes access to both strategies. You connect your Tradier or Tastytrade account for Iron Condors, and your Tradovate account for Gold Breakout. The platform runs both simultaneously if both are configured.
The subscription starts at $29/month. Both strategies are available at every tier.
Tradematic is an automated trading platform. You can start with one strategy and add the other at any point without changing your subscription.
Start your 7-day free trial to access both strategies and review the track records for each.
Trading involves risk and losses can occur. Past performance does not guarantee future results. Futures trading involves significant risk of loss and is not suitable for all investors. Leverage can amplify both gains and losses. Only allocate capital you are comfortable risking.
Frequently Asked Questions
Does Tradematic support both Iron Condor and Gold Breakout strategies? Yes. Both the Iron Condor options strategy and the Gold Breakout futures strategy are included in a single Tradematic subscription at no extra cost. You can run one or both depending on your accounts and preferences.
What brokers do each strategy use? The Iron Condor strategy connects to Tradier or Tastytrade. The Gold Breakout strategy connects to Tradovate. Both strategies require separate brokerage accounts at their respective supported brokers.
How do the Iron Condor and Gold Breakout strategies differ in their market exposure? Iron condors benefit from range-bound, low-movement sessions in equity index options. The Gold Breakout strategy benefits from directional momentum in gold futures. Because gold often moves based on macro factors like inflation and dollar strength while equity indices respond to different signals, the two strategies can operate with different underlying drivers.
Do you need two subscriptions to run both strategies? No. A single Tradematic subscription covers both strategies. You connect your Tradier or Tastytrade account for Iron Condors and your Tradovate account for Gold Breakout. Both can run simultaneously if both are configured.
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