Elite CurrenSea is a European fintech startup specializing in algorithmic trading solutions. But it is an educational center above all providing numerous valuable resources for both beginners and advanced traders. Elite CurrenSea, or ECS in short, has been dedicating enormous time and financial resources to developing advanced trading tools and platforms that are suitable for various popular trading strategies.
The Elite CurrenSea team has designed tools that work with Elliott Wave trading strategy, momentum trading strategy, high frequency trading strategy, range bar trading strategy, pip strategy, etc. They have issued numerous guides on how to implement these strategies for different financial markets (Forex, stocks, cryptocurrencies) along with their proprietary platforms, systems, and tools. We will cover some of the best Elite CurrenSea systems that are the most efficient with momentum, EW, and grid trading strategies.
While there are many customized strategies available for momentum trading, two main types stand out: absolute and relative strategies. Absolute momentum trading strategy is more popular among Forex traders. However, relative strategy has seen a significant rise in popularity recently. Relative momentum trading is a way to compare the performance of currency pairs and make decisions based on that. Thus, traders might buy the best-performing pairs and sell the weaker ones. Absolute momentum trading strategies, on the other hand, will compare the past performance data of one pair to determine its performance.
Elite CurrenSea offers a semi-automated momentum trading system – CAMMACD. The system produces reverse Forex momentum indicator based alerts and works efficiently to optimize entries on a 15-minute chart. CAMMACD has proved to be an exceptionally successful tool through multiple years of backtesting. The win rate stands above 75% with a total of 476 wins recorded. The risk to reward ratio as per last year’s data stands at 0.65, with +500 pips on average per month and 15% monthly returns with only 1 percent risk per trade.
Elliott Wave trading strategy focuses on understanding the psychology of the market to quickly identify optimistic and pessimistic swings. We need to be able to recognize when markets turn bullish and when they turn bearish. Investors who are looking to place more trades and go long in bullish markets have a strong appetite. This state fades slowly as investors feel remorse and begin to sell some of their holdings. This is the correction phase.
Before you can follow the EW theory in a real market, it is important to identify where you are counting the waves. It can be difficult to determine the type of wave at any given time. That is where various trading systems and tools come in handy.
The Elite CurrenSea team has designed the SWAT – Simple Wave Analysis and Trading (SWAT 2.0) system which is very close relative to MetaTrader 4 but offers improved flexibility and suitability to strategy variations in Elliott Wave theory. The SWAT system supports numerous technical indicators and charting functions that are both crucial to EW trading and innovative – unmatched by any other platform available on the market. SWAT has been continuously tested for four consecutive years. The technical indicators supported within the system come from Elite CurrenSea and SWAT proprietary tools and include Macd, CS-dots, Fractals-MTF, Oscillator, Impulse, Price action, and many others.
Grid Trading Bot allows traders to automatically place buy and sale orders 24 hours a day, seven days a week. The robot immediately places buy orders at lower grid levels as soon as the sell orders have been completed. Grid Trading is a unique trading strategy that achieves peak performance in a market that fluctuates and has no clear direction. This strategy makes money from extreme volatility in assets and market price fluctuations. Grid trading strategies are not afraid of the absence of trends. They simply enjoy the lack of clear up- or downtrends over a long time. Grid trading strategies are more successful the more price fluctuations occur frequently and significantly.
Elite CurrenSea’s Zeus EA is one of the most powerful Forex trading robots. This EA generates passive Forex income monthly for clients, without them having to be involved. Zeus EA is focused on the best, most volatile, and liquid currency pairs, with lower international risks – EUR/USD or GBP/USD. The backtesting of the system took place over four years and it is now able to predict with 99 percent accuracy. Zeus EA automated trading has a maximum capital of 2,500 Euros. This was actually used to backtest the algorithm in order to maximize its performance. You can trade with smaller amounts of capital, however.
The manual grid trading strategy developed by Zeus EA founders helped its developers to establish the simple, profitable, and low-risk Forex trading bots on MetaTrader 4. Because the bot is focused on stability, Martingale, Averaging, and Position Locking are not used. The bot makes relatively few transactions per year within the limits of the advisable period (m15). The bot also requires the lowest deposit on the market. Cent accounts have a minimum capital requirement of $150. The lot size is 0.01. To trade on the Classic account, you must make a minimum deposit of $1,500.