Divergence based EA. 1st trade 0.01 lot size 2nd trade add 0.03 lot size
when price go against 3rd trade can be triggered: usually add up to 0.04-0.05 trades to avg entry down. First two trades are with no SL, 3rd, 4th,... will have SL To limit potential losses.
Estimated DD: 20% Estimated yearly profit: 40-50% please expect ongoing dd as this strategy gave some room for trades..
forward tested on demo for 1y https://www.myfxbook.com/portfolio/robot-2-aim-30/2169366 profit over 40%
DD periods will happen often, but thanks to small trade size and special risk management setting risk is under control. As this is signal account, I will keep withdrawing funds above 5500 USD to get back to 5000 USD.
Focus is on equity. I allow myself to close all trades when new equity high is made.
FOR FOLLOWERS: Recommended amount to follow: 5000 USD. best to join signal when in some DD - that will give you some handicap.