EA based on ADR and RSI. Multiple positions may be opened (no "Martingale"). Strategy is meant to be in permanent drawdown ("working money") banking profits continously while also controlling drawdown by partially closing loosing trades. The drawdown may be as much as 30%+ which is normal.
Withdrawals should only be made once per quarter and not exceed more than 30% of past quarter profits.
Choose a low cost broker with a minimum leverage of 100. My suggested broker is RoboForex but any other broker offering cent accounts can be used. A cent account nominates in US cents instead of USD and reduces the effective minimum lot size to 1/10 of a micro lot. This is necessary for effective positiontrading with a "small" account (less than 50.000 USD).
Setup a rebate provider like RebateKing with direct broker deposit to save on trading costs. I am not an affiliate of any of these.
Standardaccount:
Min. deposit: Use Signal Start´s inbuild simulator and adjust multiplier for a max. 30% drawdown.
ProCent-Account:
Min. deposit 500 USD (equals 50.000 US-Cent)
Suggested 2.500 USD (250.000 US-Cent) assuming 4% per month: $100 - $30 fee = $70
Assumption is only for demonstration of cost-benefit-ratio. Past returns are not an indicator of future returns.
Eröffnungsdatum | Abschlussdatum | Symbol | Aktion | Viel | SL | TP | Öffnen | Schliessen | Pips | Gewinn | Dauer | Gewinn |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-49.0 |
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24.1 |
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23.7 |
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198.7 |
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7.3 |
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-153.7 |
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-62.3 |
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52.0 |
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164.8 |
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239.6 |
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