Penny Splitter (PS) is a strategy that trades on a single pair, every x pips, with a small trade, betting on a trend reversal. PS has very simple logic; If the pair is going up it sells, and if the pair is going down, it buys. It uses small trades and gradually increases by counting (i.e. 1,2,3,4,5,6); and thus 'legging in' to a trade rather than trying to pick the perfect entry point.
Showing posts with label algorithmic trading. Show all posts
Showing posts with label algorithmic trading. Show all posts
Sunday, October 23, 2016
EES: Penny Splitter Forex Strategy released for MT5
You asked for it, we delivered. EES has released the Penny Splitter strategy, as featured in our best selling book Splitting Pennies - for the Meta Trader 5 platform. Check it out here in the MQL5.com marketplace.
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