Interesting Signal Provider - FOREXTECHNO.COM - [SYSTEM_A]

Hi everyone,

Just noticed an interested signal provider on Zulutrade that has appeared out of thin air and is now ranked in the top 5 at 4th position. They are call FOREXTECHNO.COM - [SYSTEM_A]

At first glance you might write this signal provider off because they only have a 36% winning record on Zulutrade but don't let that trick you. If you look closer they have a very safe trading record with a maximum drawdown of 2% and their worst trade being -53 pips.

They execute their trades at the same time each day (around 22:00) and open a mixture of buys and sells with quite small stop loss around 20-40 pips and limits approx 2-3 times the stop loss. They are definitely a trader that is working off percentages and look like they have a method that is working for them.

I'm going to do some testing with them to see if their stats are correct and are worth while adding to my Zulutrade portfolio.

Please find below their profile description:

FOREXTECHNO.COM - [SYSTEM_A]

"We professionally trade in the FOREX market having a proven track record since 2006. In our trading we use only mechanical trading systems of our own design tested on 10 years of history. SYSTEM_A is our last state-of-the-art complex trading strategy, representing diversified portfolio of mechanical trading systems, designed for different market conditions. It derives largely from our old and reliable strategy EURUSD_LT. All systems, included in the said portfolio are mostly intraday systems trading only major currency pairs (currently EURUSD only) by means of only pending orders. At the moment brake out and swing trading styles are used. Every moment all pending orders and opened positions have tight Stop-Loss, restricting risk per a trade by as low as 1% of deposit. Take-Profit usually exceeds Stop-Loss by 2-3 times or more."

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