Expert: Poseidon v1.11.ex4 V1.1 100 (Unlimited)
Document: Pairs and Timeframe
– Poseidon is our specialized trading system to operate on XAU/USD (GOLD).
– The EA bases its operations on the cyclical analysis of the markets, operating volumes and classic impulsivity movements of this asset.
– After analyzing the trend through a proprietary algorithm, the system creates reference volatility bands for the price, then taking a position in line with the trend based on whether or not they break.
– Poseidon includes an exposure mediation and drawdown management system, as well as a weekly filter on operating days.
– In fact, it is recommended to use the system only in the absence of strong macroeconomic news which could exponentially increase the volatility of the asset.