blue_sky_500x400.png

Requirements

  1. MetaTrader 5 broker

  2. Netting type account

  3. Leverage 1:100

  4. Minimum capital $5000

  5. EURUSD, GBPUSD, USDCAD, GBPJPY, USDJPY, USDMXN

  6. Telegram account

  7. FIFO compliant

  8. Public demo on myfxbook

BLUE SKY FACTION

Intended for U.S. customers subject to Dodd-Frank legislation. This system is non– hedging, non-scalping and FIFO compliant. Designed to operate at lower leverage levels, it uses 4 majors, 1 cross rate and 1 exotic currency. Six strategies are used to balance the instruments against each other to compensate the loss of hedging. All strategies are trend follow type operating on a 15 minute bar interval. This is a high risk system which uses martingale and dollar cost averaging to recover losses. The simulation uses a relatively large deposit on micro lot sized orders as a safety measure. The minimum account balance to trade this system is $5000 assuming 100:1 leverage and micro lot sized orders (0.01). This is a cloud based system. No EA or download is necessary. You just need a MetaTrader 5 broker and a netting type account. Please see our required CFTC statement regarding back test results here. Keep in mind that you should only trade what you can, realistically, afford to lose.

All currencies combined

 Backtest Configuration

  • System: Blue Sky Faction

  • Years Tested: 2015-2022

  • Account Balance: $5000

  • Base Lot Size: 0.01 (micro)

  • Minimum Profit: 30 pips

  • Stop: Conditional

  • Leverage: 1:100

  • Hedging: No

  • Martingale: Yes

  • Strategies: 6

  • Intervals: 15 minutes

  • Data Source: Dukascopy

BlueSkySystem.png

CFTC RULE 4.41 - Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under — or over — compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.