Requirements

1. MetaTrader 5 broker

2. Netting or hedging type account

3. Leverage 1:100

4. Minimum capital $10000

5. EURCAD, EURCHF, EURJPY, GBPCHF, GBPJPY, GBPUSD, USDCAD

6. Telegram account

7. FIFO compliant

EVIL TWINS

Our most advanced FIFO compliant non-hedging system. This system is intended for U.S. customers subject to Dodd-Frank legislation and restricted leverage. This system employs 6 symbols on 3 quote currencies. Each quote currency forms a base currency pair with 2 base on 1 quote (twin). All pairs are traded using the linear strategy model. The design intent is to use quote currencies which offset each other then differ the base to shift the entry trades out of phase. The internal configuration scripts further skew the strategy by favoring a long or short bias between each pair. The entire system is traded on a 5 minute bar interval with smaller profit targets and tighter stops. At least relative to our hedge systems. Ideally, the increased trade frequency relieves margin stress and contributes to lower overall drawdown. The design of this system takes into consideration various issues typically encountered during prop firm evaluation tests. The Evil Twins system contains all of the symbols traded in Linear Quest and is offered as a premium upgrade. 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 1:100 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 or hedging 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.