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• Archive: Ascent II expert advisor designed and programmed by professionals at Cutting Edge ForexTrades trades volatility breakouts on the 15min timeframe.
• Designed on EURUSDUses dynamic self adjusting Targets and StopsUses 2 strategiesLong Term ProfitableCuts losses short letting profits runProgrammed by professionalsNo Grid or Martingale componentsDesigned, tested, and optimized using the highest quality data (Birt’s TDS)Trades on average a few times a weekRobust!
• Not only surviving, but THRIVING, over 10 years and all market conditions (including the great financial crisis of 2008)The strategy is based around the fact that breakouts (whether caused by news reports, trendline breaks, etc..) create trends.
• Ascent II captures these emerging trends adding to positions when conditions present themselves for maximum profitability.DESCRIPTION OF VARIABLESDefault settings are intended for operation on the EURUSD 15min chart.
• ALL VARIABLES are left exposed however, enabling you the trader to optimize and trade Ascent II on many instruments.USER DEFINED VARIABLESStatic Lot Size – If not using Advanced Money Management, this lot size will be usedAdvanced Money Management – Set true to enable percent based lot sizingRisk Setting – Risk setting to be used with percent based lotsTag 1 – Strategy 1 trade tag identifier.TP/SL ATR Bars – ATR bars to be used in calculating Targets and StopsTP Factor – Factor of ATR for TargetsSL Factor – Factor of ATR for StopsAcceleration – Number of BarsMass – Number of BarsQualifier – Volatility Cut Off Logic.