TurBit FX Trading Client EA Monthly Subscription Coupons
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Take a peek at our In depth Phibase PRO, TurBit FX Trading Client EA Monthly Subscription Description Listed below
- TurBit FX V2 trades 10 different pairs for excellent diversification. TurBit strategy involves trading EURUSD, GBPUSD, AUDUSD, USDJPY, EURJPY, GBPJPY, USDCHF, USDCAD, EURGBP & XAUUSD.
- Maximum of one position per symbol open at a time.
- Maximum of two open trades at any point of time.
- Maximum floating drawdown allowed would be 300 pips. This would mean 6% of equity at High Risk level or 3% of equity at Medium Risk level.
- Trades are closed at best possible level if the original expected direction of the trade entry is not seen. Average booked loss would be around 50 pips – this is dynamic and controlled manually.
- Protective stoploss is set at 150 pips – Will not be modified after the trade is placed. The stoploss will be moved only to break even level or lock in gains.
- Strategy aims for locking in 100 pips initially. Trades which continue in right direction with floating gain above 150 pips will be managed with a tolerance of about 100 pips or nearest major support/resistance levels. These larger gains help improve the risk:reward of the strategy.
- Strategy has very strong entry signals. A healthy success rate of above 60% will be maintained due to this.
- The strategy has potential to generate between 5 to 10 trades per week.
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