This system uses mathematical tools like linear regression analysis and technical tools to determine a retracement in the AUD/USD pair and profit.
I will usually go for a 1% gain (20 pips). It aims to provide a 2.5% monthly return, however you can set the risk higher.
Each trade typically lasts between a few minutes to around 6 hours. The system will open on average 1-3 trades a week.
The drawdown was caused by two horrible months of trading (July and September of 2015) but the system has been running very smoothly since.
For conservative settings, use a multiplier of 1 (default setting), for agressive settings set it to 2. I would not recommend anything above 2 unless you don't mind risking more than 35% of your account.
This system has participated in 2 competitions and in 2013 arrived in the Top 1% and Top 10% in April and March, respectively.
Open Date | Close date | Symbol | Action | Lots | SL | TP | Open | Close | Pips | Profit | Duration | Gain |
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-40.0 |
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-43.3 |
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-61.2 |
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-50.6 |
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-99.5 |
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-75.4 |
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-19.3 |
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20.3 |
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19.2 |
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