Forex NightFox
Forex NightFox is an automated Forex trading system, which has two unique aspects to it. There is a sophisticated system of money management and works on Asian markets. Although there is little information on how these markets (from test results is in the major currency pairs like EURUSD and EURGBP), but I think it does for trade in certain moments When Asia market is active. In other words, is built to trade at certain times of day.
The system of cash management is based on a way to manipulate the lever and the risk based business success. If the system has several successful businesses, ramps up leverage, and if it fails, go back to a lower risk.
When it comes to risk, currency risk Forex NightFox works with 10% to 20% of the value of position. It trades per day averaged 3.4, with a profit target of 1-5 pips and stop loss at about 30 pips. As you can see, this robot is taking advantage of very small movements in market conditions slow. Here the Asian market “idea comes into play.
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