Expert Advisor Four Thousand Pips Bearish Generator GBPUSD

4,000 Pips Bear­ish Gen­er­a­tor GBPUSD

Descrip­tion

4,000 Pips Gen­er­a­tor designed for Entry Traders who loves com­pound­ing. The EA is designed to trade specif­i­cal­ly GBPUSD M15 chart and has been test­ed with MT5’s most advanced and high­ly accu­rate “Every Tick” set­ting. It has been back-test­ed from Jan­u­ary 1^st, 2003 to Decem­ber 31^st, 2014 with­out com­pound­ing. The results have gained greater than 4,000 pips with more than 950 trades.

Trad­ing Strat­e­gy

The trad­ing strat­e­gy offered here is only a sub­set of our trad­ing design. We believe that the mar­ket has 9 dif­fer­ent states and that at least 9 dis­tinc­tive algo­rithms are required for each trad­ing instru­ment. How­ev­er, we can­not offer the entire 18 algo­rithms for trad­ing the GBPUSD. In our full sys­tem design, we use two unique algo­rithms per state for com­pre­hen­sive cov­er­age.

We donâ„¢t believe in high win­ning per­cent­age sys­tems that will wipe out your account with one bad trade. Each of our trades is placed with fixed stop loss and take prof­it.

Com­pound­ing can gen­er­ate a lot of prof­it, but it can also put your account at risk. You can read more about our trad­ing phi­los­o­phy in our book enti­tled “The Bull, the Bear, and the Baboon — FX Lessons Learned the Hard Way.” The strat­e­gy has been test­ed with more than109,582,587 ticks on MT5’s most advanced and high­ly accu­rate “Every Tick” set­ting.

How to read back-test­ed results for fixed 0.1 lot trad­ing from Jan­u­ary 1^st, 2003 to Decem­ber 31^st, 2014 (1 pip = $1):

• 1) Total Net Prof­it > 4,000 pips
• 2) Total Trades > 950 trades (sell only trades)
• 3) Prof­itable Trades > 45%
• 4) Largest loss trade = 220 pips (user can mod­i­fy to small­er Stop Loss as desired)
• 5) Largest prof­it trade =120 pips (user can mod­i­fy to small­er or larg­er Take Prof­it as desired)
• 6) Draw­down = 1,255 pips

Giv­en that spec­u­la­tive cur­ren­cy trad­ing presents the risk of sub­stan­tial loss­es, only per­sons with high net worth and the abil­i­ty to absorb such loss­es should con­sid­er par­tic­i­pat­ing in the pro­grams offered.

Rec­om­men­da­tions for Max­i­miz­ing Prof­it (non com­pound­ing)

• 1) Set Stop Loss = 200 pips and Take Prof­it = 260 pips (Every Tick)
• 2) Set Stop Loss = 240 pips and Take Prof­it = 260 pips
• 3) Set Stop Loss = 240 pips and Take Prof­it = 240 pips

Rec­om­men­da­tions for Min­i­miz­ing Risk

• 1) Set Stop Loss = 220 pips and Take Prof­it = 260 pips (Every Tick)
• 2) Set Stop Loss = 180 pips and Take Prof­it = 260 pips
• 3) Set Stop Loss = 200 pips and Take Prof­it = 260 pips

Oper­at­ing Guide­lines

• It is rec­om­mend­ed to have at least 18 algo­rithms trad­ing one sin­gle instru­ment. It is impos­si­ble for one algo­rithm to be prof­itable for the 9 dif­fer­ent states of the mar­ket. The col­lec­tion of numer­ous algo­rithms will act as a port­fo­lio to pro­vide prop­er diver­si­fi­ca­tion.
• It is impor­tant to back test a sys­tem over 10 years with at least 1,000 trades.
• Trad­ing rebate can gen­er­ate addi­tion­al prof­its but make sure that the spread is fixed.
• Use com­pound­ing with extreme care.
• Donâ„¢t use trail­ing stop loss. If nec­es­sary, move the Stop Loss once and let the sys­tem per­form the trad­ing for you.

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