This week has been outstanding for the Black Widow system. The semi-automated trading method showed a perfect score last week: seven wins out of a total of seven trade setups for a total of +191 pips.
I am now fully focused on CAMMACD Black Widow trading. This means that I have only been sending signals from this system directly to the ecsLIVE channel. For that purpose, I have opened a Live account with Milton Markets which is exclusively traded by me. All the signals which I will be sending (and have been sending) to ecs.LIVE telegram channel will be taken on this account too.
This is the Black Widow system which has been completely custom coded with the help of our coder Carlos. I have summarized a bit of each system into the Black Widow™ making it completely suitable for both trending and ranging market conditions.
Here is the screenshot of the new Black Widow live account and you can follow it here.
The Black Widow uses custom coded indicators to measure both trend and volatility of the markets. We know exactly where the markets will reverse thanks to our exclusive combo of camarilla pivots and ATR levels (Reverse indicator). We also use the custom coded 3 MTF indicators for trend and range filtering.
I have put many hours into the system development and the code in the system isn’t simple at all, yet the system is very powerful. If I hadn’t had the faith in the system I would have never put money on it. We at ECS are very proud of it.
The best trade was the EUR/NZD. I sent the signal on our Telegram channel with the entry zone at 1.7745-55, stop loss 1.7800 and the target profit at 1.7650. The price moved 85 pips in our favor, closing the week with nice pips.
The main difference from previous systems is that entries, targets and stops are dynamic which means that we might change stops and targets once we take the trade. The basic premise is taken from the market conditions which have changed a lot due to the biggest crisis since the GFC.
Cheers and safe trading,