See the results of testing and checking the profitability of the strategy here...
lgorithm of actions provided as a part of the trading strategy analyzes periodically repeating strong trend activities, in currency pairs that are using Japanese yen.
Advisor enters the market with pending orders BuyStop, SellStop. This orders are placed on set levels, which are based on the calculations of historical data for the last 12 months, determining patterns with the most probability to repeat.
Depending on projected movement, advisor can enter the market once or twice within a week.
For each currency pairs, individual trading settings are used, which are supplied with the advisor.
Strategy recommended itself as a safe one, with stable deposit growth, with minimal amount of trades opened. For example, the GBP/JPY currency pair, had 45 trades opened in a year averaged, with math. expectancy 600-700, advisor gains 300-350% of profit with the use of deposit load of 2%(!). The rest of currency pairs, results are approximately the same, and you can get familiar with it by visiting the real trade monitoring of "Tokyo GAP" on our PAMM account.
In 2017, with the initial deposit of $10 000, the most profitable trade went for $5 648.48, with the overall profits with this currency pair of 288%(!). This is an excellent profits, taking into account that trades are opened once per week.
Advisor is using "Targeted profit module", with the help of which total profit fixing is controlled by all opened and closed trades executed during trading week. Using this module, increases effectiveness and profits of the trading strategy. Allows to take into account possible losses and current situation with opened trades in profit, resulting in targeted profit of the week.
In case if the volatility of the trading week was insufficient "Toky GAP" will determine the absence of strong trend and will take actions to fix the maximal possible profits in current situation.
Detailed description and monitoring of trading on the site soft4forex.com
Test results - https://soft4forex.com/forex-strategy-tester/tags/...
Expected return, growth of balance in a year with reinvestment of the received profit.
Expected return, monthly account balance increase.
Trading instruments, currency pairs used for trading in the presented strategy.
Few trading options exist for the potential losses limitation.
StopLoss - closure of loss making position by predetermined level in percents from the deposit, or in points range. This option is considered the most safe in trading.
Hedging - partial of full overlap of loss making position on account of profits gained with closed positions, in any direction and any traded instrument.
Averaging/breakeven - additional averaging position opening, in the same direction as loss making position. Following closure of all positions taking part in averaging, in total profit. This method is considered one of the most risk involving, with constant growing load of the deposit, in case if the trend is moving against the opened positions.
Martingale - averaging positions opening with exponential lot volume increase, in relation to previous loss position opened in the same direction. This method is considered the most risk involving, but at the same time, one of the most effective as well, if there is no long term trends on the market, such periods known as "flat market". We don't recommend to disregard the risk management recommendations, not to exceed the coefficient to more than 1.5 - 2.
Lock - market position opening on set range in points or in percents from the deposit amount. Lock position is opened in opposite direction from the loss making position, with the same volume, or with the same lot exponent. Volume of the lock position depends of the algorithm of trading strategy, and a purpose of the lock position in this strategy. Lock position can be used to prevent the deposit from drawdowns with trend reversals with following withdrawal in profit.
- StopLoss in points
Trading account type - Brokers are offering different account types with different trading conditions. One of them is difference in provided market price feed.
Standard - 4 digits past comma, in format of 1,1234.
Extended - 5 digits past comma, in format of 1,12345.
When determining the range of price movement in points, in analytics, projections and discussions, four digits after comma is taken into account.
Example : price went from 1,20002 to 1,30007, it means that the price change for 100 points(one figure). If to say that the price is in this case went for 1005 points, it will be wrong. As the fifth digit is not a whole point, but one tenth of a point.
- Extended - 5 decimal places (1,12345).
- Standard - 4 decimal places (1.1234).
The minimum amount of security for safe trade with a minimum position volume of 0.01 lot for each instrument used in the trade.
No posts found