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Description:
About the Company:
FX Equity Builder is a "no-nonsense" company that is very upfront and straightforward on their website. They've developed a nice little EA and display both backtests and an MT4stats.com account to share their live results.
About the Strategy:
The FX Equity Builder EA trades a grid-style system that trades the EUR/CHF. It enters a maximum of 8 trades with a 50% martingale on each trade. Their EA is overseen by humans and they handle all updates to the strategy and risk limitations behind the scenes.
About the Risk Settings:
Fixed Lots: Not compatible - needs to be able to increase lot size.
% Risk Per Pip: Not compatible - needs to be able to increase lot size.
% Risk Per Trade: Not compatible - needs to be able to increase lot size.
Follow Provider: Required risk setting. Not recommended to go higher than "100% Follow Provider," which is a moderate risk level. For conservative users, try 50%-75% and see how it goes. Minimum account size should be about $2500 with micro lots enabled.
Their account is set up with a max equity drawdown of 15%. If a 15% drawdown is achieved, the system will close all trades.
Lot Sizing Information:
FX Equity Builder starts each set of trades with .01 lots per $5,000 balance. A $10,000 account would start each set of trades with .02 lots. If you trade with an account smaller than $5,000 your first few trades may all be .01 lots and the martingale will not kick in until the last few trades of the set.
Price: $50 per month.
Simply ask us to add them to your account and let us know what risk setting you want to use (default is 100% Follow Provider)
Links:
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