Blackwave Pacific Forex Signals
Rank Pending, Real, USD, IC Markets , 1:500 , MetaTrader 4 , $69/Month
Blackwave Pacific Forex Signals
Rank Pending, Real, USD, IC Markets, 1:500, MetaTrader 4, $69/Month

Blackwave Strategy - Basics


The strategy is a manual grid strategy. While it has traded exotic and EM pairs profitably in the past it only trades major and minor forex pairs now to reduce
the cost of SWAPS and the inherent political/geographic/economic uncertainty around many exotic/EM pairs. When markets are overbought or close to overbought trades are opened
counter-trend. When profit targets are hit trades are closed. If the market continues to move against the initial position then a second trade is opened based on candlestick
price action and how the market is trading/pending news etc. Up to 12 positions maybe opened.

When markets are oversold or close to oversold trades are opened counter-trend. When profit targets are hit trades are closed. If the market continues to move against the
initial position then a second trade is opened based on candlestick price action and how the market is trading/pending news etc. Up to 12 positions may be opened.

Risk control is achieved through position sizing. Position sizing MUST be the most important feature of the strategy because there is no hard stop loss and no hedging.
People will often happily accept extraordinary profits and only query the strategy when they experience a stressful drawdown in their own account even while the master account
remains quite safe. This is because they have failed to understand how crucial position sizing is for the strategy.

While there is no hard stop loss there is a soft one which is market dependent and as follows;

Blackwave California - Target 15%
Blackwave Pacific - Target 35%
Blackwave Alpine - Target 50%

Blackwave California $3000 = 0.01 lots
Blackwave Pacific $1700 = 0.01 lots
Blackwave Alpine $1000 = 0.01 lots

now is one of the oldest strategies on most copy trading platforms. It is the inspiration for three MAM accounts
managing $3m of other peoples money. I never place trades in client accounts that I do not wish to place in my own accounts too and as at June 2019 my own commitment to this
strategy across all three risk levels is $190k.

These are the basics. To give any more information would be to reduce my flexibility and take away the major advantage of a manual strategy and make it effectively automated.
As a former stockbroker I like to watch all markets at once and get a sense of what's going on rather than put blind faith in back-testing which in the end only tests the past.

Gain Chart
12 Hours ago
Advanced Statistics
  • Balance: $205,278.04
  • Equity: (88.32%) $181,300.83
  • Floating PL: -$23,977.21
  • Deposits: $419,882.89
  • Withdrawals: $549,218.64
  • Trades: 2,184
  • Pips: 113,307.4
  • Won: 78%
  • Avg. Trade Time: 8d
  • Lots: 1,517.9
  • Profit Factor: 4.12
  • Daily: 0.19%
  • Monthly: 5.91%
  • Trades Per Month 32
  • Expectancy: 51.9 Pips / $153.14
Monthly Select a month to analyze, click and drag to zoom in
Symbols
Activity
Open Date Close date Symbol Action Lots SL TP Open Close Pips Profit Duration Gain
28.03.2021 03:13:54 - - Deposit - - - 2000.00 - -
28.03.2021 02:46:17 - - Deposit - - - 7000.00 - -
02.03.2021 15:20:54 02.03.2021 17:00:30 USDCHF Sell 1.60 - - 0.91874 0.91596 27.8 474.41 1h 39m +0.24%
24.02.2021 10:13:23 02.03.2021 07:54:00 GBPUSD Sell 1.70 - - 1.41706 1.38771 293.5 4951.38 5d +2.59%
19.02.2021 12:59:37 02.03.2021 07:53:53 GBPUSD Sell 1.60 - - 1.40051 1.38785 126.6 1977.26 10d +1.05%
16.02.2021 11:31:34 02.03.2021 07:53:46 GBPUSD Sell 1.50 - - 1.39393 1.38774 61.9 863.56 13d +0.46%
15.02.2021 09:35:50 02.03.2021 07:53:40 GBPUSD Sell 1.50 - - 1.38885 1.38775 11.0 96.41 14d +0.05%
12.02.2021 17:42:43 02.03.2021 07:53:34 GBPUSD Sell 1.50 - - 1.38392 1.38771 -37.9 -640.74 17d -0.34%
12.02.2021 14:47:44 02.03.2021 07:53:25 GBPUSD Sell 1.50 - - 1.38080 1.38763 -68.3 -1096.74 17d -0.58%
12.02.2021 12:07:10 02.03.2021 07:53:17 GBPUSD Sell 1.50 - - 1.37848 1.38764 -91.6 -1446.24 17d -0.76%
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Other signals by this trader
Rank Name Gain Pips DD Trades Type Monthly Chart Price Age Added Action
562 Blackwave Alpine Client 1,633.03% 52,014.9 59.4% 2530 Real Loading... Loading... $59 4y 1m Jun 27, 2019
- Blackwave California 273.4% 55,054.2 23.1% 1464 Real Loading... Loading... $59 4y 9m Dec 26, 2016