Forex automatic trading

Description

The Major Markets Trading forex algorithm is a fully automated trading system that buys and sells positions on a number of currency pairs, in the form of CFDs (contracts for difference).

For trading, a trading system is used that follows a defined set of instructions to place trades. These instructions form the so-called algorithm. The trading algorithm is based on timing, price, quantity and a set of indicators. The algorithm monitors the market based on the defined set of instructions and will automatically place buy and sell orders when certain conditions are met.

The automatic trading system allows you to be active in the market without having to sit in front of the computer. Trade and risk management are predefined. More information about the advantages of algorithmic trading can be found here.

Major Markets Trading’s forex trading system is accessible through a subscription. The subscription is offered on a monthly basis and there are no fixed subscription periods. You decide when you want to trade and with which position sizes you follow the algorithm. In this way, you have and maintain full control over your own account.

The reasoning behind our method is simple. As long as the algorithm functions well, you will want to follow the trading system. The system is therefore based on a win-win relationship between Major Markets Trading and the followers of the trading algorithm.

The results of the Major Markets Trading forex automatic trading system can be found here.

Strategy

The algorithm uses a relatively simple strategy. When an overbought or oversold situation occurs in a currency pair, a first trigger is triggered. In combination with a divergence, a transaction will start in the currency pair. The transaction size depends on the available capital. When a certain profit is reached, a position will be closed automatically. The algorithm then waits for the next trigger. In the same currency pair, multiple transactions can take place per day. Since profits are regularly taken, this is done with relatively small amounts.

The trading strategy is aimed at ensuring that more than 82% of the positions taken are profitable. The remaining 18% is largely closed by the algorithm and in a very small number of transactions a monthly intervention takes place.

If no profit is made in a currency pair after a certain period of time, a second trade in the same currency pair can be opened based on the same triggers, which is three times as large. The objective of this transaction is to reverse the loss of the first transaction. Within the trading system, there may be situations in which a currency pair remains on a loss for a longer period (longer than 3 months). In this situation, manual intervention is desirable but not always necessary. However, several times a year loss-making positions are closed manually. It may be possible through a third manual transaction in a currency pair to still arrive at a profitable total transaction. Manual opening of transactions will almost never occur.

Based on the chosen strategy, there is no stop-loss per transaction.

Money management

The money management of the Major Markets Trading forex trading system is based on so-called lots. A lot represents an amount of € 10.000,00. The trading algorithm runs with a European regulated broker, with a maximum leverage of 1:30. Participants who have an account with a higher leverage and therefore a lower margin requirement per transaction, can simply trade with their own leverage via the trading system. All results of the trading system are calculated on the basis of one lot of € 10.000,00.

Maintaining a balance of at least € 5,000.00 on your trading account is recommended. However, this is not a requirement. The money management takes into account the margin requirements per transaction, the trading frequency and the number of open positions at any given time.

The position size with which you follow the trading system is up to you. You can set the position size yourself in the software tool made available via the subscription. After registration you will receive a clear instruction, in which you can read which steps you need to take yourself to be able to follow the trading system. You can change the position size with which you follow the trading system at any time.

Trade and risk management

When a currency pair is available to enter into a new transaction, multiple transactions per day can take place in a currency pair. If a transaction does not immediately lead to a profitable position, an open position will continue to exist. This increases the drawdown (loss-making and open positions). Within the trading system, a drawdown of 20 percent of the available capital is acceptable. If the drawdown is greater than 25 percent, intervention is necessary. Manual intervention is possible, but it is also possible to switch off one or more robots on currency pairs. This limits the number of new transactions and thus decreases the risk.

Risks

The Major Markets Trading forex automatic trading system is not comparable to any form of asset management. It is a high-risk ‘pur sang’ trading system.

Following the trading system is done on your own initiative and at your own risk. The increased risks are assumed to be known and have been described in detail by Major Markets Trading. It is not wise to use a large part of your capital for forex trading.

Drawdown risk

The maximum drawdown represents the maximum capital loss that the trading system has experienced. The maximum drawdown is used as a tool to evaluate the chosen trading strategy.

Unfortunately, drawdowns are part of forex trading. The potential reward is linked to the risk, which means that investors will usually make returns based on the level of risk they are willing to take. It is therefore important to accept periodic drawdowns as part of the chosen trading strategy.

The Major Markets Trading forex trading system also has drawdowns, which are consistent with the chosen trading strategy and the chosen risk management. Drawdowns are most common in open positions. This is because loss-making positions can remain open for a longer period of time.

Costs

As indicated, Major Markets Trading’s trading system is accessible via a subscription. The subscription gives you access to a software application. In the software application, the trading algorithm and the trading signals are available. The subscription is offered including a VPS connection.

A monthly fee of € 69.00 including VAT is charged for the use of the software application via the subscription. There are no fixed terms and the subscription can be cancelled monthly.

Participation

Following Major Markets Trading’s automated trading system is straightforward and easy. You do not need to set up a trading system or carry out complex actions yourself.

Below you will find an overview of the requirements:

MT4 account

To be able to follow the trading system, you need a MetaTrader 4 account. Major Markets Trading makes all buy and sell transactions available through a technical link via the MT4 (MetaTrader) trading platform. The software of MT4 allows you to copy the positions to your trading account.

You do not need to perform any actions or make any changes in the Metatrader 4 trading platform. Of course, your trading account must have a balance. You only need your MT4 login and password to register your MT4 account in the MMT software application.

MetaTrader 4 is a trading platform that can be downloaded. MetaTrader 4 is available at many brokers. An MT4 account can be requested quickly and free of charge through one of the regulated brokers on this page.

VPS connection

VPS stands for virtual private server. VPS is a form of hosting where you have your own virtual machine on a physical server. By using a VPS connection it is not necessary to be online at home to be able to perform transactions on the MetaTrader 4 platform. Your MT4 account is always online.

Major Markets Trading’s subscription includes a VPS connection. The advantage of this is that you are not dependent on any external factors and your transactions are always executed. So you don’t have to buy an expensive VPS connection yourself and install it at home.

MMT software application access

The application gives you access to the signals generated by the Major Markets Trading forex algorithm. You can use the application to convert these signals into trades which are automatically executed on your MT4 account. You decide for yourself when you want to trade and with which position sizes you follow the algorithm.

Client relationship

Major Markets Trading acts as a signal provider, providing both buy and sell signals that can be automatically copied into the participant’s trading account through a technical application. Major Markets Trading does not trade for or on behalf of clients.

Major Markets Trading does not have access to your MT4 account. Participants can stop the service at any time. You have and maintain full control over your own trading account.

General terms and conditions apply to the use of the services mentioned on this website. Make sure that you agree with these general terms and conditions before you proceed with the use of the mentioned services.

Registration

Click on the button below for more information about participation.