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Some of Point Break features: Small trades are continuously added above and below the opening position. The system will pyramiding, hedging or closing some positions depends which way the market moves. All trades are closed only when a net profit is reached and added to your account balance. Built in money management will automatically calculate the correct position size for your risk level, and it can be used as a full automatic trading system or use it to create your own trading system.
The main goal of multiple trading strategies is to make the drawdown become
smoother when there is choppy market.
Since Point Break version 4, we invented multiple close strategies. Beside each
cycle has its own close profit procedure, there is additional simultaneous
close technique which close all open positions together on specific rule, this
make the close profit target be reached even faster, and as a result the
expanding drawdown probability become decrease also.
Money Management
The probability is that the maximum largest expected drawdown is about $1,500
(using 0.01 standard lot) with Conservative setting. Although it is not
impossible exceed this drawdown.
Based on the drawdown risk when the cycle ranges become expanding, trading more
than 0.01 lot per $5,000 for standard account is discouraged.
Fortunately, the EA uses automatically money management system that it will
increase the lot size when the profit accumulated. For example when the EA
start with $10,000, it start using 0.02 lots, it will increase to 0.03 lots
when the equity become $15,000.
Average Monthly Return:
5-8% for Moderate Strategy (Drawdown Risk: 30% from balance). 10-15% for Aggressive Strategy (Drawdown Risk: 50% from balance).
We have the utmost confidence in the EA and it has been used to managed forex
accounts for 2 years already. This EA is available in a 30-day trial format, available from our site, and we guarantee if you dont make 10% a year we will refund your money back.
Both Andrew Hamilton & Robert Thomson are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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