One of the highest rated, most popular systems on the ProRealCode marketplace.
Product Overview:
Very unique scalping strategy exploiting a unique extremely high probability mean reversion edge present in all markets. Once this high probability event occurs the strategy starts 1 of up to a maximum of 3 attempts to exploit this edge while keeping risk well defined. The other major benefit of this strategy is that it has a very low drawdown and margin requirement which is perfect for clients looking to start with smaller accounts (from $500).
Gold 5 minute timeframe
New Gold Version Released: 5-June-2022 (Full backtest and Live results added to gallery)
Strategy is running profitable with most recent Live results dated: 18-Jan-2023
The new version comes with enhanced drawdown management incorporating Smart Money principles. To read about the latest updates or to see the latest live results visit the forum discussion here: Live performance updates for PRC Marketplace strategy: High Probability Reversal
New Bundled FX Version (Results for July added to Gallery)
As of 1-Aug the strategy also comes bundled with a seperate version specifically configured for FX
Bonus: Free Access to my Ultimate and Complete Course on High-Probability Trading!
Juan Jacobs
(Developer FX Automate)
With a BSc in Business Information Technology, Juan traded a 7-year career as a Systems Analyst for full-time trading. Through logic and methodology, Juan’s created numerous successful trading systems and indicators. His contributions to ProRealTime are a testament to his expertise, making him a respected figure in the community.
Avoiding the usual hurdles
I have personally tested this strategy live over the last couple of months and intend to continue running it live. The strategy has specifically been developed in such a way as to avoid the usual hurdles associated with curve-fitting and over optimization. It follows time-proven trading principles of stringent risk management and trend following combined with leading edge price-action triggers.
Consistent across multiple markets
The strategy comes with two different version, one for FX and for Gold. With these two versions you will be able to build strong strategies for multiple FX Pairs aswell as for numerous commodities. The strategy both enters long and short trades and has proved consitency in all market conditions.
