The ATS-EUROfx Fully Automated Forex Trading System.

The ATS-EUROfx trades the EUR/USD currency pair, with a margin of $15,000 per 100k lot. This means that for every $15,000 in the account the system trades one lot.

The trading logic of the system is based on 2 indicators. When the indicators are synchronized, the system Buys or Sells. The system tracks the market every 15 minutes on multiple time frames, and uses the trend of the market to exit a winning trade with profits, or close a losing trade early to cut losses short.

The Trailing Stop function acts as a safety feature. However it should be noted that during volatile market conditions, there is no guarantee that stops will be filled without any slippage.

A sideways filter keeps the system out of the market if the market moves sideways for a prolonged period of time.

The system works on a “Delayed Entry” method. This means that when the system gets a signal to buy or to sell, it waits until the trade is making a small profit before entering into the trade. This eliminates about 25% of the losing trades.

The risk factors associated with the trading program, are the general risk factors associated with trading in Off-Exchange retail Foreign Currency Trading.

The system was first completed in January 2008. The hypothetical performance of the system during historical back testing is very good. This does not guarantee that the performance in the future will be equal or better.

No trading system has ever been created that can guarantee future profits or that can eliminate risk. The system will have losing trades and will have drawdown periods.

Every customer must download the ATS-EUROfx demo and watch the system trade in real time, with a live practice account with a Forex dealer, before opening the trading account.

Trading in Off-Exchange retail Foreign Currency Trading carries a high degree of risk and customers should be aware that they might lose all their capital, in the event that the trading system breaks down or does not perform as it did during hypothetical back testing. It is also possible that customers may lose more than their original capital but very unlikely.

When a trade is closed the profits or losses are divided, proportionately to the equity each customer has in the “PAMM” account.

The total funds in the “PAMM” account are divided by the margin used by the system, to obtain the number of 100k lots to be traded. At the present time the margin used by the system is $15,000 per 100k lot traded.*

For example if customer A has $30,000 in their account, their share of the profits or losses will be equivalent to 2 lots traded, approximately.

If customer B has $45,000 in their account, their share of the profits or losses will be equivalent to 3 lots traded, approximately.

If customer C has only $20,000 in their account, their share of the profits or losses will be equivalent to 1.33 lots traded, approximately.

Please note that when the system calculates the number of lots to be traded, and divides the total funds in the “PAMM” account by the margin, this may not come to an exact whole number.

For example, if the funds in the “PAMM” account equaled $2,346,897, divide 15000 into this amount equals 156.4598. The system will trade 156 100k lots, since fraction of a lot cannot be traded. For this reason the profits or losses posted to your individual account maybe not be exactly equivalent to the number of lots that are theoretically possible.

IMPORTANT. Every day at around 5.00pm NY time, all trades in the “PAMM” account are closed and reopened at the same price. Therefore if a trade is carried over night, the trade can be split into multiple trades, when it is closed and reopened at 5.00pm every day.

This may appear that the system is trading a lot when in fact it has only made one trade, which was split into several trades by the “PAMM” account. This is done by the broker to allow new customers to join the fund, and to allow existing customers to withdraw or deposit funds, from or into their accounts.