Rainmaker (ID: 564)
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RainMaker is an automated trading system that watches for breaks in current trend and places limit orders to either catch trend continuation or trend reversal.
RainMaker | Rent a Signal
Trades are allowed to play in the market and may experience negative float but based on forward test since October 2008, 85% of trades are profitable.
System Details:
-- System trades EURGBP, EURUSD.
-- Trade 0.10 lots = lotsize factor 1 in RAS EA.
-- System will open multiple orders per currency up to 5.
-- System could have both a buy and a sell order open on a currency at a given time
-- Many limit orders will be placed but expect only 8-15 trades to open, per currency, per month.
Initial stop losses are as follows, please plan risk accordingly:
-- EURGBP: around 200 pips initial stop loss, typical trades once triggered are open 1 to 5 days.
-- EURUSD: around 200 pips initial stop loss, typical trades once triggered are open 1 to 10 days.
Other currencies under evaluation and potentially will be added soon including EURCHF, GBPUSD, USDCAD, and USDJPY.
If you have any questions, let me know.
SOLID
Updated 2009/07/20 – added EURUSD to signals.