Rank
#14
,
Real , EUR
,
IC Markets , 1:500 ,MetaTrader 4,
$30/Month
This system trades automated the major currency crosses using Expert Advisors (EA), the indicators are optimized for each cross. The leverage is maximum 500 and the risks are well balanced to achieve a good profit with acceptable risks. The strategy for each cross are frequently optimized based on Backward and Forward testing using the Strategy Tester in MT5. A currency cross can have a maximum of 3 EA's attached to it. Each EA can open a maximum of 3 postions for a currency cross. In theory a total 9 positions can be opened for each cross. This will not take place often. In general the Stop loss will be based on 1 ATR where the ATR value is optimized. the Take Profit depends on the strategies used and can differ from 2 ATR to 4 ATR and can also be based on a Trailing Stop.