Blackwave Pacific Forex Signals
Rank #416, Real, USD, IC Markets , 1:500 , MetaTrader 4 , $69/Month
Blackwave Pacific Forex Signals
Rank #416 , 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
21 Seconds ago
Advanced Statistics
  • Balance: $239,744.96
  • Equity: (55.66%) $133,452.88
  • Floating PL: -$106,292.08
  • Deposits: $442,382.89
  • Withdrawals: $549,218.64
  • Trades: 2,354
  • Pips: 108,433.7
  • Won: 77%
  • Avg. Trade Time: 11d
  • Lots: 1,770.32
  • Profit Factor: 3.18
  • Daily: 0.17%
  • Monthly: 5.25%
  • Trades Per Month 31
  • Expectancy: 46.1 Pips / $146.76
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
04.02.2021 15:23:56 20.01.2022 16:03:18 EURGBP Buy 0.11 - - 0.87741 0.83260 -448.1 -864.09 350d -0.36%
20.01.2022 09:36:22 20.01.2022 15:56:40 GBPNZD Sell 2.00 - - 2.01337 2.00659 67.8 907.17 6h 20m +0.38%
20.01.2022 02:25:22 20.01.2022 15:56:35 GBPNZD Sell 2.00 - - 2.00815 2.00641 17.4 222.44 13h 31m +0.09%
19.01.2022 16:13:19 20.01.2022 15:56:30 GBPNZD Sell 2.00 - - 2.00527 2.00611 -8.4 -138.11 23h 43m -0.06%
04.02.2021 15:23:56 19.01.2022 16:35:16 EURGBP Buy 0.09 - - 0.87741 0.83175 -456.6 -716.26 349d -0.3%
19.01.2022 13:30:32 19.01.2022 15:57:02 GBPNZD Sell 2.00 - - 2.00867 2.00429 43.8 581.64 2h 26m +0.24%
19.01.2022 11:41:00 19.01.2022 15:56:54 GBPNZD Sell 2.00 - - 2.00500 2.00408 9.2 111.13 4h 15m +0.05%
04.02.2021 15:23:56 19.01.2022 10:40:44 EURGBP Buy 0.08 - - 0.87741 0.83374 -436.7 -613.46 348d -0.26%
18.01.2022 19:34:51 19.01.2022 10:32:14 GBPNZD Sell 2.00 - - 2.00907 2.00461 44.6 586.46 14h 57m +0.24%
18.01.2022 15:36:20 19.01.2022 10:32:09 GBPNZD Sell 2.00 - - 2.00553 2.00444 10.9 129.48 18h 55m +0.05%
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Other signals by this trader
Rank Name Gain Pips DD Trades Type Monthly Chart Price Age Added Action
168 High Risk Blackwave Alpine 78.75% 4,979.9 26.5% 185 Real Loading... Loading... $69 10m 14d May 14, 2021
328 Blackwave California 282.78% 52,556.9 23.1% 1647 Real Loading... Loading... $59 5y 7m Dec 26, 2016
435 Blackwave Alpine Client 1,944.68% 36,492.4 65.4% 3085 Real Loading... Loading... $59 4y 11m Jun 27, 2019