Bonsai Trading System Review
The Forex Club broker does not have many proprietary trading systems (only 5), but the Bonsai system is the oldest of them. Its launch on a real account took place in September 2014 and since that moment the strategy has brought in 23%. At first glance, not so much, but the reason lies in the fundamental factors of the past year: the volatility of currencies due to the referendum in the UK and the US elections brought a 6% loss over the past year. In 2017, the system will have to win back losses and bring at least 12-15% of income.
Trading system Bonsai – proven reliability
The Bonsai system is the author’s trading strategy of Yuri Lozgovtsev (more than 12 years of experience), which has worked in the test period for more than 3 years and has proven its stability on a real account. It is based on the Ichimoku indicator (here is an example of an Expert Advisor built on it), which allows you to analyze the currency, stock and commodity markets. The most optimized for the “Bonsai” system is considered a portfolio consisting of 60% of instruments of the foreign exchange market, gold and silver, 40% – CFDs on assets of commodity and stock markets.
Actual performance of the Bonsai system:
- profit for the entire operation time of the system – 23.8%, loss for the last year – 6.2%;
- profit for the last quarter – 2.6%, loss for the last month – 4.2%;
- the number of transactions for the entire trading period (from 19.09.14) – 325.
The actual result was not far from the planned indicators. With a planned maximum drawdown of 30%, the fact was 32%, the planned profitability was 30% per year (if not for the loss of last year, the actual income would have been about 18-20%).
You can trade on the MT4 and Libertex platforms. Recommended basic tools are in the specification, but after gaining access to the system, you can select an individual portfolio with the author of the strategy in accordance with the level of risk and profitability. The recommended risk level is no more than 5% per trade and no more than 25% of the total risk! It is enough to control the operation of the system once a day.
The actual work of 2.5 years is a serious period that deserves trust in the trading system. Therefore, the minimum deposit amount for working with the Bonsai system is 10 thousand dollars. USA. There is another option – subscribing to the Forex Club online store. Demo version for testing is available for free for 2 weeks.
Summary… The Bonsai system is a complex trading strategy that works on the Japanese indicator simultaneously with several assets to diversify risks (from 4-5 assets). It is not super profitable, but its stability is the highest of all the Forex Club systems offered. And even if you are not a professional, the author of the system will help you understand its intricacies, and the rebate service FxCash will compensate you for part of the spread!