We are testing a new trading system, LTX (trades exclusively o | Liberty Trading Group [Public]

We are testing a new trading system, LTX (trades exclusively on gold).

The algorithm is showing extremely promising results however we will run it on a DEMO account for at least 3 months before attaching to a live account.

Strategy outline: The system uses multi timeframe price action/ level analysis, with only one indicator. In our experience many EAs using 283859 lagging indicators do not work too well .

Instead we use Heikin-Ashi charts M15,M30,H4, and trades are opened/managed based on volume profiles and reactions at important zones.

Note: market manipulation around support/resistance areas (that is frequently observed) is accounted for using a new proprietary trading strategy with which we have seen a lot of success manually trading in the past.

Maximum drawdown: 12.5%
Martingale: No
Hedged positions: yes (but only when we have floating +5% in profit).
Moving SL to entry: yes regularly to decrease the risk and secure gains.

Note: this product (if we see the results we are expecting and decide to bring to market, will initially only be available to our existing clients running LTEA.