Manual counter trend trading with a low stress factor. First objective of this strategy is capital preservation. I trade this system with my own money.
Trading is 90% based on a custom algorithm/ indicator that scans all currency pairs on overbought and oversold market situations.
The average trade duration is 2-3 days.
Order type: limit orders
Take profit is standard set at 100 pips.
Expected yield is 10% per month.
Maximum drawdown is 20%
Minimum account size: from $1,000
Preferred broker: http://www.blitzbrokers.com
How to use copy trade software: https://www.youtube.com/watch?v=ntu6pZRopq4&list=PLltlMLQ7OLeLZpxDnCMKz1tBlPcUminCT
How to subscribe - https://www.mql5.com/en/articles/523
Any questions send me a pm
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 "AxiTrader-US02-Live" and the subscriber's quotes, as well as on order execution delays. Lower values mean better quality of copying.