CROSSALGO is another strategy by FN, a veteran City proprietary trader with 30 years experience in the top investment banks.
It is a fully automated system, managed 24/7 with manual interventions in times of stress. It trades a basket of 9 cross currency pairs ( = pairs without any USD involvement), simultaneously. (From 01 Jan 2019 only 5 pairs will be traded).
The edge of CROSSALGO is that it is entirely based on a technique / an algo, which shows tendencies of a very conservative martingale which is based on time, not on price levels.
CROSSALGO is a part-constituent of a larger portfolio of 5 strategies, created and managed by FN, 2 of which are present here on the Simpletrader network.
The 2 FN strategies which are present on Simpletrader are low to medium risk, as the drawdown percentages show. They are institutional grade professional strategies, with realistic returns, long term survivorship in mind.
You can increase the leverage to your own likings and risk tolerance levels.
IMPORTANT: Please note that we keep the account or equity balance around GBP 4,000, so there are regular withdrawals of profits.