Main purpose :
Challenge myself into establishing a good trade history.
About this signal :
All trades are Manuel, based on cycle analysis, trading GOLD and major forex pairs.
Few trades per month, NO scalping, medium to long term trades from the daily charts with fixed stop loss and take profit levels
Low draw down as I only open one trade per pair and I will not hold on to a losing trade
Losing trades are scaled to recover with a maximum account exposure of 10% only .
1- I started with a 1000:1 leverage, which then reduced it to 500:1 to comply with the rules, then reduced it again to 200:1, and I plan to reduce it further 50:1 to match real market conditions and risk, I gradually reduced the leverage to get used to the risk percent associated with the leverage reduction and adjust the lot size calculation accordingly.
2- I would love to see my signal in the first page of MQL5, improve my profit while reduce the risk
Patience is a virtue
MFE and MAE Distribution Point Graphs
Maximum profit (MFE) and maximum loss (MAE) values are recorded for each open order during its lifetime. These parameters additionally characterize each closed order using the values of the maximum unrealized potential and maximum permitted risk. MFE/Profit and MAE/Profit distribution graphs display each order as a point with received profit/loss value plotted along the X-axis, while maximum displayed values of potential profit (MFE) and potential loss (MAE) are plotted along the Y-axis.
Place your cursor over parameters/graph captions to see the best and worst trading series. Find out more about MAE and MFE distributions in the article Mathematics in Trading: How to Estimate Trade Results.
The average slippage based on execution statistics on real accounts of various brokers is specified in pips. It depends on the difference between the provider's quotes from "LiteForex-Cent.com" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
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