Our EA works with all MT4 and MT5 brokers. Spread can be up to 4.0 pips and it can still make money every day. We can make 150-500 pips daily with this system. We trade many pairs: EURUSD, USDJPY, GBPUSD, GOLD, etc. Draw-down is only 10-15%. Realistic monthly profits are 100-500%.
ardikabaskarafx posted: Our EA works with all MT4 and MT5 brokers. Spread can be up to 4.0 pips and it can still make money every day. We can make 150-500 pips daily with this system. We trade many pairs: EURUSD, USDJPY, GBPUSD, GOLD, etc. Draw-down is only 10-15%. Realistic monthly profits are 100-500%.
FxMasterGuru posted: ** The TOPIC and CHALLENGE is still the SAME since 2013: +5% average monthly profit for at least 2 years (with less than -25% max. DD) at a mainstream broker (preferably non-grid) **
Does such a strategy exist at all...??
So far nobody could show such a single account... (The 'famous' newstraders' claim is not acceptable because of their cherry-picked account compilation.)
Check our AlgoFXtrade 1 system !
It is one of the best AlgoFXtrade Portfolio systems. It is a counter-trend strategy based on a extensive and dynamic statistical analysis of price swings data. The system is built for trading multiple currency pairs and uses an advanced lot size increase method to recover from eventual trades opened too early. The risk settings are established to get a stable and steady growth.
My only concern is that the above shown strategy uses GRIDDING, ie. cost averaging. I am very sceptical about any strategy employing GRID money management as losses may come hard and fast when the grids fail.
as long you combine any 'high' risk functions like martingale, grid, and so on with security features like (async) hedging, dynamic stepping, dynamic money management and so on you will be always fine with an well balanced account-without, any system will rise the risk. so the problem is most a brain problem... ;) example: most trader suggest to trade with stoploss, forums are full of suggestions, but there is academic study from the bond university, the most succesful trader acting without stoploss and yes it depends on your system, but it shows: do some math and delete the old school rules, because the market changes day by day. = control your system and functions, you control automatically the risk, except your system lacks on security features, a stoploss is the hard way and realize the loss!
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.