FXGTC - Extreme (XTreme EURGBP)
(Forex Expert Advisor Software )
FXGTC - XTreme EURGBP
Xtreme EURGBP for Extreme ProfitsExtreme eur/gbp is a scalper ea created by forex global trading company. FXGTC has built a reputation of creating quality expert advisors for individual FX traders ranging from scalpers to positional based trading.
Take profit and stop loss are not fixed and depend on the width of the channel and angle of the slope.
Highly leveragable system as drawdowns are very low.
Peforms in any market condition.
Live Forward Data
(3.5 months, from $3,000 to $17,000!)
Xtreme EURGBP DataSheet
Investors Looking for High Gains, Rather Than Slow GrowthOur research shows that most traders are coming to the market with between $1k and $5k of risk capital looking to extract high gains from a high risk market. This bracket of trader is not really interested in doubling an account over a 12 month period, it is the pursuit of richness they are after, not the pursuit of investment growth.
That is why we re-structured our business to accomidate this breed of trader and invested our time heavily in developing 3 scalping systems for EURUSD, EURGBP and EURCHF. After 3.5 months of live trade with our new scalping EAs, our Xtreme EURGBP has shown to profit most of the three, virtually doubling monthly from $3,000 all the way to $17,000.
The real beauty of scalping EA is the user can deploy high leverage as downside risks (drawdowns) are low as the EA seeks small returns frequently with a high win rate (90%). This ensures the user can optimize the advantages of the broker's offer of leverage upwards to 100:1.
Deployment StrategyEURGBP Xtreme executes on the premise of finding the optimal channel on 15min timeframe. The optimal channel is identified by a dll file saved in your experts folder alongside the EA. The Orders are generated from the confidence channel on the chart. Unlike most scalpers, Take Profit and Stop Loss are not fixed and depend on the width of the channel and angle of slope.
The dll plug-in performs complex calculations of channel with the least and decreasing mean-square deviation within the channel. This channel then defines the most likely corridor of price movement in these slower currency pairs. The system only operates in the most suitable trade hours for each pair on historical research of dependence of volatility market at a particular time.
Several closely correlated currencies pairs were chosen to work with, and this Expert Advisor was adapted to work on these pairs. It allows to lower drawdown and thereby gives an opportunity to use integrated system Money management very efficiently, with higher %. The system itself was over 9 months of development before official release on Oct 13th 2008.
Very high win rate, highly leveragable system as drawdowns are very low, profits accumulate quickly. Peforms in any market condition.
Very sensitive to broker spreads, Dealing desk brokers with low fixed spreads in EURGBP are not very accomodating to scalping experts. Performance of EA depends greatly on broker spreads during Asia.