RAS ID 31835 - Triple M Light
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We are pleased to tell you that
TRIPLE M LIGHT EA - RAS ID 31835
has just been released. This is a version of our Triple M EA for traders who can't hedge and want to limit the number of trades to minimum.
Idea is to replace hedging with diversification and that's why there's nine currency pairs: EURJPY, GBPUSD, GBPJPY, USDCHF, GBPCHF, CHFJPY, AUDUSD, AUDCHF, AUDJPY.
Triple M Light vs. Triple M in a nutshell:
- no hedge,
- maximum # of trades per currency pair is four,
- opening of the cycles is more conservative and
- grid - pips between trades - is larger.
As a result e.g. number of deals per currency pair is cut down - this is a slow strategy.
Triple M Light is also clearly defensive and the system actively controls risks and closes deals smoothly when necessary or profitable. It has several sl and tp procedures. E.g. the initial sl is only for your safety if your MT4 or connection is down.
The SIGNAL works also with ECN brokers, which require sl/tp setting by order modifying. Not compatible with FIFO rule.
Remember - be also prepared to quick and deep drawdowns. Our broker is Alpari UK. We are happy to answer all your questions.
Kind regards
Gentz