Dear reader!
Welcome to the fourth module of GMT Partner training course. The main topic of this module is proprietary long-term trading strategy “Weekly Envelope” (WES), the additional topic of the module is “Power Balance Chart”.
The trading strategy “Weekly Envelope” was developed in 2010. It was initially used for trading only the instruments of the Forex market. Currently, in addition to currencies, this strategy is also used for long-term trading in futures and stock markets.
The trading strategy “Weekly Envelope” was backtested on historical data, the testing period covered 5 years (2011-2015). The conservative method of capital management applied to the strategy produced nearly 200% profit in 5 years while the drawdown did not exceed 10%.
The distinctive features of “Weekly Envelope” trading strategy are its reliability and versatility. Being a part of the portfolio consisting of several proprietary trading strategies, this strategy, as well as the medium-term trading strategy “MTFS” are used to determine the direction and the likelihood of a positive outcome of the transactions made by the rules of the full version short-term trading strategy “Double Barrel Gun”.
At the heart of “Weekly Envelope” strategy, there are the Envelope indicator and the volatility parameter of the financial instrument. The average duration of trade is 2 weeks to 2 months.
Curriculum of the fourth module
The fourth module of the course has to be completed within one month. In the fourth module you should:
- Familiarize yourself with the educational materials (PDF);
- Watch a series of video lessons (video);
- Schedule and receive a consultation from mentor, if necessary (contacts);
- Take the final test (12 questions);
- Perform the practical task to consolidate the material (perform 3 transactions in accordance with the rules of the strategy).
We recommend that you adhere to the following curriculum:
Educational process | Week |
Video-course | W1-W2 |
Textbook and slide presentation | W1-W2 |
Consultation | W2-W3 |
Final test | W4 |
Practice on demo account | W2-W4 |