Fang EA

Automated signal run by FANG Night Grid MT5. Real account, default settings, no manual trades.

STRATEGY

Night-session mean reversion. It trades only between 23:00 and 00:59 server time (just after the New York close) on EURUSD, GBPUSD, AUDUSD and USDCAD. When a pair moves sharply in 15 minutes, FANG trades against the move. If the move continues, it adds up to 4 more positions of the same size (no martingale), at least 30 minutes apart. The whole basket closes at one small target. After 4 hours the target drops to break-even, and every basket is closed within 12 hours at the latest.

RISK

- Fixed 0.01 lot per position, no lot increase.

- No stop loss per trade. The 12-hour limit closes a basket that has not recovered, at a loss.

- A full 5-leg basket on a trending or news night can lose roughly $20-30 per 0.01 lot, and such losses can come in clusters.

- No new baskets while the VIX is above 40.