This Algo was developed for steady returns with low leverage and strict stop-loss policy.
Pairs traded: USD/JPY - EUR/JPY
Great way to grow your capital slow and steady!
Make sure you have a decent broker with low spreads and fast execution (I can check your broker if you are unsure).
If you have any further questions please feel free to contact me.
My broker of choice: JFD Brokers (very low spreads and fast executions).
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 "JFD-Live02" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.
|0.22 × 2894|
|0.38 × 21|
|2.50 × 2|
|5.26 × 107|
|6.00 × 1|
|6.14 × 7|
|6.16 × 19|
|7.86 × 36|
|8.00 × 15|