Declaration of the PAMM account Rever27:465705

Investment declaration describes Manager's promise to investors. The Declaration has no legal force, but it clearly affects the reputation of the manager.

PAMM account info
Manager Rever27
Acc. type ECN
Manager's capital $700
Min. deposit disallowed
Opening date Apr 23, 2020
Publication date Apr 23, 2020
Max. leverage 1:500

Trading Strategy

My latest Expert Advisor, which we developed with the team for 4 months, is trading on the account. Eight currency pairs are involved in trading, testing was carried out in the TDS program with a floating spread and imitation of slippage. The EA trades 24/5. The filter uses the maximum number of currency pairs in the market, as well as the filter of the maximum drawdown, above which new orders for other currencies will not be opened. Take profit is floating and depends on three exit filters. To hedge against unprofitable entries, the averaging method is used - opening a grid of orders when the price moves against the direction of the position. A distinctive feature of the advisor is the floating Stop Loss, which can vary from 1 to 30% of the value of the deposit balance. 4 different filters are responsible for its size: the first filter is to move the position to breakeven, the second and third catch price rollbacks by the required percentage of the balance. If these three filters did not cope with the task, then all orders are closed when a drawdown is reached, calculated as $ 500-700 per 0.01 trading lot (a different value for each pair).The risk per group of orders cannot exceed more than 1/3 of the account deposit. The account is aggressive, in contrast to my other systems and is configured for accelerated profit making, therefore the risks are appropriate. Please consider these when investing.

Link to this declaration

Money Management
Max. leverage 1:600 (65)
Martingale No
Hedging No
Goals
Max. Drawdown to 69% (46%)
Max. daily loss 69% (23%)
Declaration is Valid
Declaration date Mar 9, 2021
Declaration age 2,6 y.
Number of changes 0
Last change Mar 9, 2021
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