Before you set sail
We want you to be successful for many years to come, so before subscribing to the Blue Ocean EA signal, please make sure the following features are included in your brokerage account.
- Make sure that you are at least able to trade Gold vs US Dollar (XAUUSD). But ideally, you need to be able to trade the US Wall Street 30 index (US30), the Germany 40 index (DE40), Silver vs US Dollar (XAGUSD). Your account will grow nicely with just XAUUSD, but will experience accelerated growth with the US30, DE40 and XAGUSD. Your brokerage should offer equivalents to these symbols.
- Make sure that you use 200:1 to 500:1 leverage. Lower leverage may work, but your ability to add additional positions may be limited. Higher than 500:1 may expose you to undesirable risk.
- Please do not try to assist the trading software in opening or closing positions unless you are a very well experienced trader or you could hinder your profitability.
- Our primary broker, IC Markets, has a 1 lot minimum for US30 and DE40 , so unless your account balance is at least $5000, then you are at a higher risk trading US30 unless your broker allows smaller lots.
- The platform where our algorithm is running is on Metatrader 4, however, it will copy to a Metatrader 5 terminal as well. Your brokerage needs to support one of the two.