The chart above shows the result of the last 12 years of trades on the EURUSD, GBPUSD and AUDUSD. Each trade was at a fixed $10 per pip. Although the strategy on each pair is very similar, they generally donít trade at the same time. As a result the three strategies together smooth out the fluctuations and give a very even curve. Please donít think that the full stop loss has not been hit; it has but the strategy working on the three pairs soon makes up the loss and carries on up.
We have NOT used curve fitting techniques such as applying different strategies to different time periods or tuning the parameters to fit the data (both would lead to disaster). Instead we have produced impressive results by keeping to a single strategy. We have refined and improved the program over the past year and we have added the AUDUSD pair. We will continue to support you and Forex WindFall after your purchase.
The amazing effects of COMPOUNDING
The regular nature of the chart shows that by applying compounding the results are outstanding. Using only a 3% risk on a starting balance of $10,000 would have yielded over $170,000 in 4 years. A 3% risk means that in the worst case of a stoploss being hit you will only lose 3% of your account.
Forex WindFall allows you to set any risk level but please donít get too carried away. Because of the nature of compounding 5% risk multiplies the yield by 6 so you donít need to set the risk too high. Just set it to a reasonable figure and let time work for you. Another advantage of setting a low risk, and this is important, is that you will be able to sleep easily at night. Even if a trade goes against you, your maximum loss is limited.
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How much should I risk on a trade?Trading is based on statistics
. No one can predict the result of any one trade BUT you can get quite close to predicting the result of a string of trades. Itís the same as tossing a coin: you canít be sure of the result of one throw but you can predict quite accurately the result of twenty or more.To calculate how much to risk, you must first think about loss.
Every trading system involves loss. Most EA vendors never mention it but you cannot avoid it. HOWEVER, you can and should prepare for it. Start by looking at the drawdown which is the maximum expected loss from a string of trades. For the EURUSD, Forex WindFall produced a drawdown figure of around 275 over the past 10 years. What this means is that if you had a $3000 account and you traded $1 a pip just as the worst drawdown happened you would have limited your overall loss to under 10%. Remember that the maximum drawdown is rare and may only happen once in several years - and a loss of this size is soon recovered by Forex WindFall.
Forex WindFall controls your risk
As well as trading fixed lot sizes, Forex WindFall goes a step further and allows you to keep your level of risk constant as your account grows.
The level of risk per trade is calculated from the stoploss which for Forex WindFall trading the EURUSD is 60 pips. Trading at $1 per pip this is equivalent to $60. For a $1500 account the risk is 60/1500 or 4%.
Of course, the decision about where to set the risk level is up to you but as your account grows this feature will automatically increase the stake size so your account grows even faster. Donít forget the power of compounding (above). Keep your risk low and let time do the work.
How does Forex WindFall work
In the past, manual trading was the only method available. It involved long hours studying charts and following trades. Even hourly or 4-houly inspections round the clock cause tiredness which leads to mistakes and missed opportunities. Nowadays using the expert advisor you donít have to be at your computer waiting for the right moment to enter a trade and the crucial moment to exit the trade. Forex WindFall makes all the decisions for you, it follows the winning strategy and never misses a trade.
The Forex WindFall expert advisor uses advanced search routines to hunt for a small windows of opportunity which open up every now and again throughout the day and night in the EURUSD, GBPUSD and AUDUSD markets. It is not restricted to the asian session. Markets spiking in response to major news events generally do not trigger the trades but instead pass harmlessly over the window. Each trade is immediately assigned take profit and stop loss levels. Throughout the trade Forex WindFall continues to analyse market conditions and will step in to take an early profit or a small loss as defined by its strategy.
Unique message display
Forex WindFall provides you with a unique message display on the chart. The display is positioned below the status report and shows daily trading news or miscellaneous advice. It can, for example, advise you that a slow, fast or unstable trading period is approaching or that an interest rate announcement is imminent. This is a unique feature to Forex WindFall expert advisor. It updates itself at the start of a session and periodically thereafter. You can also force an update of the message at any other time.
The reason for this feature is to advise you of events which may have an affect on the forex market. Some traders like to put a hold on their trading during these periods. While this is not necessary to run Forex WindFall successfully, it is your money at risk so if we can give you any extra help we will do so. Other examples of market affecting news are non-farm payrolls, inflation figures and major world events. We also use the display to stay in touch.
Easy to load Ė youíll be trading in no time
Once you have bought the Forex WindFall, you will be emailed your password which will allow you to log into this website via the sign in menu.
Next, click on the download menu and then the download button. This gives you access to the loader. Some browsers will let you run it directly, others will save it to a file which you need to locate and click to run. Finally select your brokerís folder from the list and press ok.Full details are included in the help file when you purchase Forex WindFall expert advisor.
The MT4 platform
Forex WindFall needs the MT4 trading platform installed on your computer. If you already have this, our loader will install the Forex WindFall expert adviser in minutes.
If you do not yet have the MT4 platform, donít worry. It is a well written charting and trading system that is completely free to download and use. Once youíre happy with it you can put some money into your account and Forex WindFall will get to work. MT4 can be downloaded from a large number of brokersí sites including Alpari, FxPro, Tadawulfx and many more. Start off with a demo account; you can move to an account with real money at any time, the programs are the same.