- Average Pips per Week:+60 (Gross Pips: +2,704)
- Average P/L per Week:-3.45% (Gross P/L: -79.60%) Including Net Withdrawal of 204.03
- Maximum Equity used:25.35% (Nov 6, 2017, 3:45:00 AM)
- Test started:May 22, 2017
- Test Stopped:Apr 5, 2018 (Tested 45.3 weeks)
2018-04-08: Radiance Strategy Real Test abandoned. Balance was all withdrawn without notifying the FPA.
2017-08-08: Radiance Strategy Real Test started with help of investor access on an accoun of Darwinex.com
Description from the product owner: The benefit of the trading system is the flexibility of being able to trade range, breakout and trending market which is based on the team's strategy. It is fully discretionary, manual execution of trades and monitored by an automated risk algorithm which ensures optimal risk management is achieved. The strategy utilized various stop loss mechanics, break-even stops, hard stop loss, and equity stop loss. This is based on the trading system applied for the trade during that point of time, it is a multi-strategy system which comprises of intra-day, swings and breakout trades. It is actively monitored by the risk trader to trade within risk parameters. Stop loss strategy: Stop loss is adjusted based on price action and may vary based on the system of the trade applied. The stop loss of an intraday trade can be as low as 25 pips, and the breakout trades can be about 50 pips. However, when swing trades are taken, stop loss can widen to as high as 300 pips. But when swing trades occur, the system will de-leverage itself in proper position sizing which ultimately balanced out the risk compared to an intra-day trades where stop loss can be tighter but lot size can be bigger. Break-even stop loss is always used when the trades move in favor of the system based on the trading system applied.
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