Unveiling NovaPivot Trading Strategies: Martingale Techniques for Monthly Income!
- Writer
- Mar 7
- 2 min read
Updated: 12 hours ago
One of the key strategies for managing risk is diversifying investment assets. It's likely that many of you already have core currency pairs like EUR/USD, USD/JPY, GBP/USD, USD/CHF, AUD/USD, USD/CAD, and NZD/USD in your forex portfolio.
Today, the team at Discipline2Freedom would like to introduce an alternative currency pair: NZD/CAD. This pair is known for its low volatility and tends to exhibit sideways movement, making it perfect for a reversal trading strategy supported by Martingale money management.
The NovaPivot trading system operates on 100% real tick data, allowing its EA (Expert Advisor) to consistently generate profits using back-tested information spanning over a decade, from 2015 to January 2025. This system executes trades almost daily and stands out as a viable option for asset diversification and risk management.
The backtesting results for NovaPivot on the NZD/CAD pair (M15 timeframe) with Vantage MT5 broker using a Standard Raw account reveal that starting with a capital of $10,000 would yield total profits of $258,725. This encompasses 4,190 trades, averaging around 35 trades per month.
Due to the higher capital requirements for this system, we recommend users trade with a cent account, initiating with a trading capital of 10,000 US cents (equivalent to $100).
NovaPivot Trading Strategy
NovaPivot enters trades when the chart shows reversal signals, utilizing the Bollinger Bands indicator as the primary signal, while the Stochastic indicator serves to filter out false signals.
A Buy order will be opened when the price chart is below the Bollinger Bands Lower, and the Stochastic indicator must be in the oversold zone. Conversely, a Sell order will be opened when the price chart is above the Bollinger Bands Upper, and the Stochastic indicator must be in the overbought zone.
The sets of Buy and Sell orders operate independently. Both order types can be opened simultaneously but will close their profits separately for Buy and Sell orders. If the EA opens an order and the chart moves in the opposite direction, money management will employ the Martingale technique to recover the situation, aiming to bring the overall profit back into positive territory. Each order will be executed dynamically only when the price chart shows reversal signals.
Recommendations for Using EA NovaPivot
Account Type: It is recommended to use accounts with low spreads, such as ECN, Raw, or Pro accounts.
Leverage: Set from 1:100 and higher.
Initial Capital: $10,000 for a standard account or 10,000 US Cent for a cent account (10,000 US Cent = $100).
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