Description

Forex Crescendo is an EA that utilizes a martingale technique to trade the GBP/USD & GBP/JPY currency pairs.  The system does give the user plenty of options in managing the frequency of trading and the overall risk of the system.  The concept of adding on to losing positions is not something tool shop management recommends for all traders; such an approach should only be undertaken if the user has a plan for abandoning losing trades and minimizing drawdown.  With that being said, Crescendo does a good job of limiting lot size and keeping enough free margin in order to maintain its strategy.  The 1 year back test yielded a return of 6% with a maximum draw down of 3%.   As with any of the systems on this site, we recommend the user spend some time studying the system's entry mechanics and risk control prior to using the EA on a live account.  We will have a live demo account up and running within 1 week.

Included below is a copy of the Crescendo manual, this is intended to give the potential user a better idea of how the system works.

Crescendo EA PDF