In today’s MTPredictor trading webinar, I went through the last 30 days of automatic MTPredictor trade setups in the $CADCHF 3 minute time frame. You will see that the software generated only 22 wins while it had 31 losses. Most would guess that with only about 40% winners, it must have lost a lot of money.
Instead, because of the risk control used in conjunction with the correct position size for the account and risk tolerance along with trades where the reward was a least two times the initial risk, the software would have produced almost 28 times the initial risk over that 30 day period.
See all the trade setups (we don’t just show winning trades here!) in today’s MTPredictor trading webinar