================================== About me
I have 10 years experience on Forex Trading.
8 Years experience in programming languages for Forex platforms. (Lua Mql4 Mql5 Delphi and Windows automation.)
================================== About the strategy
PAIRS - SYMBOLS
The bellow 20 currency pairs are traded. They are selected because of the low MMR. MMR (maintenance margin requirement) can be considered as a deposit of good faith to maintain open positions. This is not a billing or transaction cost,but it is just a part of the capital that is pledged as a margin requirement
The strategy uses different time frames for each currency pair.
Time frames range from 30 minutes to 1 day.
10 out of 20 pairs are programmed to follow the trend (Trend Trading)
The other 10 are programmed to detect when the trend changes (Swing Trading)
The strategy uses 3 Instances of
SuperTrend Indicator and Price Action
SL and TP
Stop Loss and Take Profit or Limit are never the same.
Both depend on volatility, ranging from 100 pip to 600 pip.
The most important advantage of the strategy is that when a position is profitable, and when it meets the criteria to open a new position again, the strategy opens multiple positions of the same currency in the same direction. In the picture below we can see the starting position, which had a limit (TP) of 204 pip. Within 20 days, the strategy, meeting the criteria to open a new position, opened 5 more positions, resulting in a final profit of 782 pip.
It can have up to 60 transactions open the same period.
The size (LOT) of each transaction depends on Equity.
If Balance is $ 10,000 the position to open will be O,1 Lot.
Therefore, if it has 60 transactions open, it corresponds to 6 Lot.
Multiplying those 6 Lot by the average margin requirement, which
at a leverage of 1: 400 is $ 2, is bound by $ 1200 capital. 12% Used Margin Max!
================================== About My PAMM
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