The trading strategy combines breakout, trend continuation and reversal. 3 different strategies attached to 28 currency pairs. All based on ZScore Trading System / Indicator. A few details:
- The strategy runs on the 2 hour timeframe.
- Stop loss and Target Profits are based on a Standard Deviation multiplier.
- Risk to Reward is set at 1:4. However, the strategy does have an exit indicator that may prevent price from reaching 4x target while preventing a winning trade from turning into a loss from not reaching full target.
Initially we had a deep drawdown but it was due to an error in the coding of the robot. The issues have been fixed and technically speaking, it should not encounter another extreme drawdown.
MQL5 SIGNAL PLATFORM
SIGNAL START PLATFORM