Sharp Jump is a fully automated system. Market entries are rare but always precisely adjusted and follow a trend on sufficiently strong price movements. The EA's operation is based on a short-term effect of "taking a profit".
This effect is reached due to two Trailing Stop functions (standard and special which minimizes losses of unprofitable orders).
Initially, the robot was developed for specific character of currency pairs and it uses a moment of a sharp movement of a price.
A deposit, necessary for operation on standard dollar accounts, amounts to only $10.
This is due to the fact that Sharp Jump uses large % of the deposit to enter a position.
The EA is fully adjusted and ready to work on EURUSD, GBPUSD.
- The EA works only with the instrument's price movement.
- The strategy does not use the martingale principle or averaging.
- Works both with Instant and Market Execution types (autodetection).
- Not resistant to a temporary loss of connection or big spreads!!! Works good on ECN accounts. VPS (virtual server) is recommended.
- Always works only with its own orders even if you have decided to trade manually in parallel.
- Currency pairs: EURUSD, GBPUSD. Other pairs have not been tested.
- Timeframe: any. The EA uses the price movement only.
- Broker: any (ECN account).