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Forex Product Details

 

 

 

 

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MCL EURPY 1.00 --- €195 for 12 months

Available

 

System: 

Unconventional indicator based trend-following Expert Advisor

Its primary purpose is to act as an aid to manual (aka discretionary) traders

Uses many signals & filters to confirm a trade

Is ambitious as a system and oversight is essential, including setting trading hours to match the market session
Runs on the M5 chart but trades signals on the M30 using techniques to get in early on the moves
Profit maximised by three groups of orders, to enable you to fade out positions:-

- Short range - in and out fast for a small gain
- Medium range - to be set based on current volatility

- Longer range - to capture as much of the move as possible

Simple & fast to back-test & optimize
Set options for close as:- EA signal, Stopout, Close by Reverse Trade, or close all manually

 

Characteristics:

Profit factor medium (1.1 – 1.75) depending on prevailing market conditions & TradeMode selected 

Profit potential high, due to high win %
True entry & exit points are concealed from broker, while always having a SL, TS & TP in case of lost connection
Will follow sudden reversals

Has many options to cater for changing market patterns & risk appetite of the user

Some trading experience is essential, in order to appreciate and earn the most with this EA

All TradeModes can be tuned by the user to be more or less ambitious and adjust to prevailing market patterns



Example 9 months with no oversight - still in profit but much better when run with user involvement!


 

 

 

 

 

 

Risk Statement

 

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.