FX Global
FX Global
 

Chameleon FX Global.

CHAMELEON FX GLOBAL is an algorithmic logic that is used to trade a portfolio of 100 currencies. It’s a pure rule-based approach to trade the Forex market. Just once a day the portfolio has to be adjusted partly. This is quickly done and therefore the strategy is quite easy to handle.

The strategy is a short-term trend following strategy that has been designed to capture relatively small Forex price moves using very flexible signal-generating logic. Protective stop loss points are fixed throughout the life of the trade. The average trading frequency is 2 times per month per currency. So it’s not a high frequency but very robust trading strategy.