My 718 is an EA/discretionary strategy for long term growth, I am using my personal available trading capitol with this strategy. I am risking %25 draw down to achieve high percentage trades to average %12-24% a year. My 718 uses cost averaging/cost deleveraging techniques. It takes trades off the O/B and O/S RSI levels along with Momentum divergence. My 718 EA has a stop loss equity draw down prevention tool, this will stop opening new orders in a unforeseen market crash.This Equity stop will be a helpful tool for preserving investments and re-entering into market.This EA is built to consistently grow my fund/strategy slow and steady for long term healthy profits. Notes: It is normal that Some trades may stay open for 2 months in a draw down before closing.This may cause slower profits, in those time periods. Hence preserving capitol for long term growth and maintaining Margin for unforeseen Market events.

My 718 signal is on VPS and, trades approximately %40-90% of the time on AUD/CAD, NZD/CAD. My system primarily buys and sells on the Overbought and Oversold areas with Oscillators RSI (Relative Strength Index), and Momentum Divergence. The Strategy is to enter market with smallest contract/position in the event If a position was entered to early and market goes against 1st order, EA does Cost Averaging by placing 2nd, 3rd,orders to average out positions for profit or small loss. EA has a Cost Deleveraging function that will reduce Take profit if added positions take place. Cost deleveraging helps bad trades exiting out of market quicker, so that EA can open new positions. If there are more than one position opened, all opened Position's are closed in a basket of profit. Position's of Multiple pairs are also grouped together for a Basket of profit or loss. This helps with money management keeping draw down under control and helps creating more trading opportunities. The 718 system has a built in money management Algorithm to protect unforeseen events. For example: if there are multiple trades open and a surprise unknown event occurs and our trades move against us, the money management algorithm will only allow MT4 to open 1 trade per candle, or if account reaches 20% draw down, no new trades will be opened.This eliminates the need for 24 hours surveillance on account and human errors and emotions during stressful situations. Rarely, does this scenario ever happen, this strategy has been back tested since 2008 with no more than a 20% draw down. WARNING- Past results do not predict future events. The strategy and algorithm is constantly managed and adapts to market conditions to eliminate unnecessary loss of profit or increase of draw down. My 718 account, Since Sept 11, 2017 is averaging 1.0% to 2% a month.
For 1:50 leveraged accounts I use 0.01 lots on 1st trade on a $5000.00 balance
Recommendation: For 1:100 leveraged accounts use 0.01 lots on a $2500.00 balance