STRATEGY 1 (LOWEST RISK MODE)

Power profit trapper

a) Attached the EA at one chart only (EURUSD currency only).This strategy is capital of USD/SGD/EURO of 1,000

b) Only select EURUSD (TRUE) and other currencies will be at ‘FALSE’ mode. Please choose “Power Profit Trapper” as a trade type.

c) The EA will detect the initial lot, close profit and loss automaticly because we have selected the % mode as circle as above.

d) The default and other settings in the EA are based on mini/micro accounts lot. Open a mini trading account (Eurica type) with Instaforex broker which is offer the affiliate trading.

e) Test into live account for 3 months with minimal deposit of USD100. When confident with this strategy and then only increase the capital as preferred. Please use Virtual Private Server (VPS) via Remote Desktop Connection . Please don’t use VPS provided by MQL4 due to this EA is not workable with VPS provided by MQL4.

f) If you want test into demo account or strategy tester, please makesure either the demo account is a mini/micro account or standard account. This is because the % for money management lot for standard account should be change. For deposit of USD/SDG 1,000 (standard account), the % for money management lot will be 0.001%.

EXPECTED PROFIT A YEAR UP TO 50%. TWO WAYS TO TAKE THE PROFIT AS FOLLOWS:

  • TAKE PROFIT AFTER ARCHIEVED PROFIT OF 10% OF TRADING. CLOSE THE REMAINING TRADES AND TURN OFF THE EA  AND APPLY FOR THE PROFIT WITHDRAWAL. DON’T TURN ON BACK YOUR EA UNTIL PROFIT IS TRANSFERRED FROM TRADING ACCOUNT. AFTER TRANSFERRED ONLY TURN ON BACK THE EA. (GUIDELINE HOW TO CLOSE THE TRADES, TURN OF AND TURN ON THE EA AT “POWER PROFIT TRAPPER” AREA).
  • RUN THE EA FOR 1 YEAR OR WHATEVER YOUR SELECTED PERIOD. CLOSE THE TRADES AND TURN OFF THE EA  AND APPLY FOR THE PROFIT WITHDRAWAL. DON’T TURN ON BACK YOUR EA UNTIL PROFIT IS TRANSFERRED FROM TRADING ACCOUNT. AFTER TRANSFERRED ONLY TURN ON BACK THE EA. (GUIDELINE HOW TO CLOSE THE TRADES, TURN OF AND TURN ON THE EA AT “POWER PROFIT TRAPPER” AREA). 
  • THE EXPECTED PROFIT A YEAR IS BASED ON THE BEST PERFORMANCE.PAST PERFORMANCE OF TRADING INSTRUMENT IS NOT AN INDICATOR OF FUTURE PERFORMANCE.

 

HOW TO DO THE STRATEGY TESTER FOR STRATEGY NO.1 WITH IG’s DEMO ACCOUNT

 

a) The IG’s strategy tester shows how PPT is work compared to Instaforex Demo terminal which is hide the the strategy trading style.

b) Please download IG demo terminal.

c) Go to the strategy tester and change settings at expert properties. Due to IG’s Demo account is a standard account the following changes have to made for strategy no.1 as follows:

 

Initial CapitalUSD/SGD 1,000
% Money management lot(Only For Initial Lot)0.001%

Other settings remain unchanged as per strategy no.1 as mini/micro account.