Wednesday, April 10, 2013

Cutting Edge Forex | Releases ASCENT V2.1

Hi All, I just recently received an email from the Cutting Edge Forex Team about the release of V2.1 of their popular Expert Advisor ASCENT. Below is a snippet of the email.

ASCENT 2.1 has been released! This update addresses the MQLLock issues and also includes major updates like "Fading Volatility Exits" which exit trades when breakout volatility fades (on bar close). Essentially locking in profits that previously would gave gone to Stop Loss. We will update the users guide in the members area this week. As always default settings are the best. Have a look at the new back-test of current default settings. http://www.myfxbook.com/strategies/ascent-21-default-settings/37771

Below is a screenshot of the backtest of this new version.


At first glance it would appear that the DD is a little lower with this version as they have improved the exit strategy with this version. Also the Profit factor is a little better as well.

Now if they can somehow improve the profitability a little bit closer to 50% like RobinVOL, we would all benifit from an easier trading experience!

ASCENT V2.1 DOWNLOAD