||15th Oct 2015
Learn more about ATLANTIS
Two types of EA's trading 42 instruments on 4 time frames
Position leverage 1:1 (0.01 lot per 1000)
Variable stop loss from 0% to 6.5% per position.
Strategy trades volatility, spikes and trend exhaustion.
Probably the most diversified strategy out there. Please check Myfxbook summary. You will find indices and Brent but for subscribers I am limiting instruments to currency pairs as well as gold and silver pairs. With 42 instruments in total, there will be plenty of action anyway.
With EA's monitoring hundreds of charts there are always plenty of high quality trades with a profit factor no less than 2 with up to 19 years of backtesting history.
The strategy has undergone major improvement starting from 2018. All trades are opened, managed and closed individually.
Entries are now more conservative with lower DD per trade and lower combined DD.
A major improvement was made in managing exits. With a proper exit, even a horrible trade is now manageable.
Since 2 EAs are traded on 4 timeframes, theoretically 8 positions of the same instrument could be opened at the same time. However, in practice only 4 positions of the same pair were opened simultaneously over the last year. There could seem to be hedging positions opened but this is not to limit losses from a bad trade. There are different EAs and settings with different entry logic and profit targets that could open a trade in the other direction, however this is uncommon.
A full stop loss is rarely used. In fact, last year, the 6.5% stop loss was used just once since the strategy makes multiple attempts to close positions at break even or a small loss. The strategy is able to recover a 6.5% loss in just a month!
According to the strategy statistics, 97% of loosing trades were closed below 1% loss. The remaining 3% percent of loosing trades were more or less evenly distributed, ranging from 1% to 6.5%
If there are open positions in a DD for a prolonged period of time, they are not being held in hopes that the market would, one day, miraculously reverse. They are being held because either the market is consolidating, not moving in either direction or this is a swing trade with large TP and SL distances. For the trade to be closed the market has to keep on moving in either direction.
Since open positions are not leveraged, Swap charges don't make significant impact on the performance.
Continuous DD is justified because of multiple instruments and multiple time frames including swing trading profit targets. But so that you could feel comfortable, I have a backup plan in place. If it even reaches 28% DD after the latest improvements, I will start manually closing trades. Reduction of DD will be gradual. Since positions are not leveraged, I will have plenty of time to assess the situation and close those positions that have the largest DD and swap. After a closure of one or 2 positions, we should return to a comfortable state.
Profit target ranges from 10 pips to thousands of pips depending on the instrument and time frame.
There aren't any particular broker requirements. Most of the brokers nowadays offer wide range of currency pairs including gold and silver.
Strategy is 99% FIFO compliant and the leverage required is only 50.
Overall, dear traders, this is an amazing strategy consisting of multiple systems and could be a great addition to your portfolio at 0.5 risk considering my commitment to keep DD under 28% with 80-90% projected compounded annual profit.