TrendMaster Professional X – Buying and selling Techniques – 4 June 2023

2 views 8:06 pm 0 Comments June 4, 2023


TrendMaster Professional X
By: Brian Robillos

Enter Parameters

  1. Timeframe: Choose your most popular timeframe for buying and selling.
  2. Unfold Filter: Handle entries primarily based on the unfold.
  3. Magic Quantity: Allow buying and selling on a number of timeframes inside a single image.
  4. Commerce Remark: Add customized descriptions to open positions.
  5. Heaps Based mostly on % of Account: Routinely calculate lot sizes primarily based on a proportion of the account stability (default is 0.1).
  6. Hedge Entry Multiplier: Enhance the lot measurement by a specified worth when hedging a dropping place.
  7. Revenue Factors: Set a revenue worth to shut all positions when hedging a dropping place.
  8. Max Image P.c Drawdown: When a drawdown in a single image reaches a specified degree, the EA will pause and test if the account is in revenue, then robotically shut all positions within the account, together with these opened by different Professional Advisors.
  9. Max Account P.c Drawdown: If the general account experiences a most drawdown, it would shut all positions within the account.

Advisable Parameters

Enter Parameter Advisable Worth Essential Notes
Timeframe 1-hour chart
Unfold Filter 2.0 pips to my dealer Test your dealer’s common dwell account unfold.
Magic Quantity 102098 Don’t change it when attaching to a number of currencies.
Commerce Remark TrendMaster Professional X Don’t change it when attaching to a number of currencies.
Heaps Based mostly on % of Account 0.05 At all times begin small. Go decrease like 0.05% for conservative buying and selling.
0.10% is the utmost worth.
Hedge Entry Multiplier 1.0 The utmost is 3.0, appropriate for these with a high-risk tolerance.
Revenue Factors 20 factors Most is 200 factors
Max Image P.c Drawdown 10% Most is 15%
Max Account P.c Drawdown 100% Minimal is 60%.I am going to clarify how danger is correctly managed.

How the EA works

Within the first situation, EA will open a place. If it goes in favor of the place route, it would shut and open a brand new place on the reversal sign.

Within the second situation, if the development goes in opposition to the entry, what is going to occur? The EA will open a place to the other way when the development reverses. It should lock the floating loss. Then, the EA will test if the development will proceed and open a hedging place to cowl the loss.

How the EA Handle Danger

Drawback

Okay, the EA now locked the floating loss and opened a hedge place, however the hedge didn’t go within the desired route. The EA now’s experiencing additional losses, what is going to the EA do now?  

Answer: The EA now checks for the utmost image p.c drawdown. As soon as a foreign money reaches the edge (10% drawdown by default), the EA robotically checks the whole account for profitability. Assuming the EA is hooked up to a number of currencies, some positions could also be in revenue. On this situation, the general account will probably be not directly hedged by completely different foreign money positions. It’s essential to not change the magic quantity and commerce remark when attaching the EA to a number of currencies, as doing so will render this method ineffective.   

Drawback

Okay, now the EA didn’t attain the breakeven level to shut all positions. What’s going to occur now?

Answer: That is why I like to recommend to at all times begin small. Such situations can happen in all Professional Advisors. On this case, the utmost account p.c drawdown will come into play. I’ve examined the EA with the identical settings for all foreign exchange pairs, and whereas nothing was worn out, the very best drawdown noticed was round 50%. That can be why I set the minimal drawdown to 60%. If, by likelihood, you have been utilizing the EA throughout that particular date and time and solely buying and selling that specific pair, you’d undoubtedly survive. Nevertheless, for me, it’s doable to be utterly worn out in that state of affairs if the chance is just too excessive. We are able to keep away from this by leveraging the idea of oblique hedging utilizing the max image p.c drawdown operate.

Advisable pairs
To mitigate danger and improve account security, it’s advisable to restrict every Professional Advisor (EA) to a most of three pairs. Nevertheless, it can be utilized for buying and selling with any pairs. In the event you intend to commerce extra pairs, it is strongly recommended to make the most of a separate buying and selling account.

Obtain Timeless, Comfy, Bespoke and Prosperous EA’s

Mild reminder

As a fellow dealer and product vendor, I’ve encountered quite a few worn out accounts, which is why I place an amazing emphasis on danger administration. Slightly than looking for an Professional Advisor that generates fast earnings however swiftly wipes out the account, it’s much more advantageous to go for an EA that constantly generates earnings over time. Bear in mind, the important thing lies in sustaining a gentle and sustainable method to buying and selling, guaranteeing long-term success and safeguarding your hard-earned capital.

Disclaimer

TrendMaster Professional X is an academic Professional Advisor. Any info, recommendation or buying and selling technique ought to NOT be understood in any means as a customized funding working recommendation, nor as a solicitation to gather public financial savings. The outcomes introduced, actual or simulated, the buying and selling evaluation, the coaching movies and the overall materials revealed are supposed as info for an vague public and don’t represent any assure relating to hypothetical future working efficiency. The speculative buying and selling exercise includes important financial dangers and anybody doing it does so below their very own unique accountability, subsequently TrendMaster Professional X and the writer non assumes no accountability for any direct or oblique harm associated to funding choices made by the reader. Subsequently, the reader exonerates writer, inside the limits of the regulation, from any legal responsibility in any case linked or deriving from using the data current.

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