ProfitJet Trading Strategy: Multiply Your Earnings with EUR/USD
- Writer
- Mar 3
- 3 min read
ProfitJet is an automated trading system designed specifically for the EUR/USD currency pair on a 1-hour timeframe. One of the key advantages of trading EUR/USD is its low spread and high liquidity. The ProfitJet EA is compatible with both MT4 and MT5 platforms, although we highly recommend MT5 for its superior speed and efficiency.
Performance Overview
The backtest results for ProfitJet on the EUR/USD pair with a 1-hour timeframe using Vantage MT5 broker since 2015 show impressive gains. Starting with a capital of $1,000, the total profit reached $121,280 by 2024. You can also review the strategies tested on MT4 through the provided link Strategies Test MT4 ได้ที่นี่.
Note: Past performance does not guarantee future results.
ProfitJet has been actively trading on a live account for one year, yielding satisfying returns as verified by Myfxbook, while maintaining a low drawdown.
How Does ProfitJet Work?
ProfitJet enters trades when it detects signals for reversals, utilizing Heiken Ashi and Envelopes as primary indicators. Additional filters include MACD, RSI, CCI, and ADX to minimize false signals. This multi-layered filtering approach results in an average of around 15 trades per month.
Pros: Less commission paid to brokers due to low trade frequency.
Cons: Not suitable for traders aiming for high volume to earn rebates or IB fees from brokers.
Money Management Strategy
ProfitJet employs a modified Martingale money management system. If the first order fails to secure a profit, the system will maintain the same lot size for the second order, allowing for potential profit without doubling the risk. If the market does not reverse as anticipated, the Martingale technique kicks in starting from the third order, with lot sizes doubled thereafter.
To manage risk effectively, the system limits the maximum number of open orders to 8 (separate Buy/Sell), which users can configure in the EA settings.
Many view the Martingale strategy as high-risk, often due to its misuse in overtrading. However, if risk is carefully managed and excessive short-term profits are avoided, this strategy can yield consistent cash flow. For accounts that have utilized this strategy for a year, the average return has been approximately 2.74% per month, resulting in an annual return of 33% with a maximum drawdown limited to just 16.89% as of December 30, 2024.
EA Settings
For standard accounts (contract size = 100,000), users can adjust the lot sizing method in the EA settings according to their risk preferences.
By choosing ProfitJet, you are equipping yourself with a competent trading system capable of maximizing your trading potential in the highly lucrative EUR/USD market. Join us today and start your journey towards financial growth!
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