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Friday, October 18, 2024

EA No Title / Description and settings – My Buying and selling – 3 October 2024


💡 What’s a buying and selling advisor?  

A buying and selling advisor is a software program that routinely analyzes the market and makes trades based mostly on sure algorithms and methods. However watch out: not all advisors are equally helpful! As we speak we are going to focus on why the market actuality and the “supreme” outcomes that some buying and selling advisors promise don’t at all times coincide.

Our Skilled Advisor relies on confirmed methods

Our Skilled Advisor is developed on the idea of classical buying and selling methods, which have been educated on actual historic information. The primary technique is tailored for key market devices comparable to:

How the buying and selling bot works:

Fractals to determine ranges:

– The bot analyzes historic worth information and identifies fractals — factors the place the worth reverses, forming native highs (resistance) and lows (help).

– Assist ranges are shaped based mostly on fractal lows, and resistance ranges are based mostly on fractal highs.

Advisor Doesn’t use

  • No martingale
  • No grid
  • No doubling
  • No averaging

Suggestions:

  • Foreign money pair: XAUUSD, GOLD
  • Timeframe: M30
  • Minimal deposit: $100
  • Account sort: Any

⚠️ Watch out for “good” Skilled Advisors!

Many buying and selling advisors promise 90% successful trades, enormous earnings in a brief time period (as much as unbelievable figures, for instance, turning $100 into $1,000,000), and virtually zero drawdown (1-5% over a number of years). Nevertheless, it is vital to recollect one rule of thumb right here:

If it sounds too good to be true, it most likely is not.

The way to acknowledge historical past becoming? 

Some builders tailor their methods to historical past in an effort to present good outcomes. Because of this they optimize buying and selling guidelines in order that they work completely on historic information, however in the true market, such an EA could also be ineffective. Listed here are a couple of indicators:

1. Excessively excessive returns. If you’re promised a wonderful revenue, it’s clearly a motive to be cautious. The market is just not that easy.
2. Small drawdown. Any actual technique consists of drawdowns. If the drawdown is claimed to be lower than 5% for a few years – it is a clear sign of manipulation.
3. good successful percentages. In the true market, even essentially the most profitable merchants don’t win 90% of their trades. Volatility and unpredictability are at all times current.

🛡️ Actual outcomes require actual options

Our buying and selling advisor doesn’t modify historical past to “good” outcomes. We use clear and confirmed methods which were examined on historic information for years. This ensures that the Skilled Advisor works in actual market situations and doesn’t reveal artificially created effectivity.
We do not promise instantaneous hundreds of thousands, however we assure an inexpensive method with danger management and lifelike returns.

Configure the advisor based on the directions!!!

Vital info!

  • Buying and selling on a demo account or a cent account for the primary 2 weeks (to decide on the very best buying and selling situations for your self)
  • Set up the buying and selling advisor on a VPS
  • Revenue from an actual account Recorded each Friday (finish of the buying and selling week)
  • Foreign exchange/CFD buying and selling is related to a excessive degree of danger and isn’t appropriate for everybody.
  • Chances are you’ll lose some or your entire principal if market situations change unfavorably.
  • It is best to solely make investments cash which you could afford to lose, that means that shedding it won’t have an effect on your fundamental wants or obligations.

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