MONEY MANAGEMENT SETTINGS FOR NEGATIVE PROGRESSION:
This money management strategy increases lot size after losses (negative progression) and reduces lot size after wins. To copy this model on accounts as little as $400, use the following as a guide for your money management settings:
Minimum Lot: 0.01 (Set to maximum 0.01 per $400 margin or more)
Lot Increase After Losses: 0.01 (Set to the SAME size as your Minimum_lot setting)
Lot Decrease After Wins: 0.01 (Set to the SAME size as your Minimum_lot setting or more)
Maximum Lot: 0.03; (Set to 3 times your Minimum_lot setting)
Stoploss: 215; (Stop-Loss in pips)
Takeprofit: 175; (Profit Target in pips)
This robot is programmed to trade between 15:30 and 12:30 New York/Eastern Standard Time (a 22 hour trading window). If the time zone of your MT4 charts is NOT on EST, you will need to adjust the StartHour and EndHour settings to correlate with New York time. For example, if your chart's time zone is on GMT/Jerusalem time, your settings would be Starthour: 22, Endhour: 19. Trading hours are in military time (0-23 hours). To find your chart's time zone, compare the time of a current candle on your chart to a city at: www.timeanddate.com/worldclock. Users residing in the southern hemisphere should be aware of seasonal time zone fluctuations. Contact Me if you need help.
Starthour: 15 (Set to 15 for New York, 20 for London, 22 for Jerusalem/Oanda's V20 Live server)
Endhour: 12 (Set to 12 for New York, 17 for London, 19 for Jerusalem/Oanda's V20 Live server)
NOTE: The money management settings above are the MAXIMUM recommended aggressiveness designed to keep typical draw-downs below 50% based on the historical performance shown above but it's always possible to have larger draw-downs in the future. Therefore, I recommend decreasing your leverage once you have reached a comfortable monthly return and use this model as a guide to calculate the leverage for your own risk tolerance. For example, if your risk tolerance is only a 25% draw-down, then the settings above would be appropriate for $800 in allocated margin and the average return would be about 5.5% per month. To maximize growth, you should consider compounding your profits monthly or at each new profit high resulting in at least $400 in new profit.
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This website does not guarantee income or success of the product beyond the specific 60-day performance guarantees for each product. There are many factors that can effect each person's individual results. Examples shown in this presentation do not represent an indication of future success or earnings but merely historical performance based on specific trading models, some of which is hypothetical. Past performance is not indicative of future results. The company declares the information shared is true and accurate.
U.S. Government Required Disclaimer - 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 invest in 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.
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Clearly understand this: Information contained in this product are not an invitation to trade any specific investments. Trading requires risking money in pursuit of future gain. That is your decision. Do not risk any money you cannot afford to lose. This document does not take into account your own individual financial and personal circumstances. It is intended for educational purposes only and NOT as individual investment advice. Do not act on this without advice from your investment professional, who will verify what is suitable for your particular needs & circumstances. Failure to seek detailed professional personally tailored advice prior to acting could lead to you acting contrary to your own best interests & could lead to losses of capital.
*CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.