Hello fellow traders! Today, I’m excited to share the details about the VR-SETKA-3, a trading system I've developed based on my own trading experiences. The market can often feel chaotic, with prices swinging unpredictably. But amidst this chaos, there are patterns and sequences we can leverage to our advantage.
So, what’s the secret sauce behind the VR-SETKA-3? It’s built on three key components:
- 1. Strong Market Entry: Through extensive research, I’ve sifted through numerous trading tactics to find one that offers at least 8 successful entries for every 2 losses.
- 2. Holding Positions for Profit: The strategy focuses on keeping positions open until they reach the desired profit target.
- 3. Managing Losses Effectively: To prevent losses from dragging down our account, we’ve incorporated a method to balance out losing trades, aiming for a neutral exit.
1. Strong Market Entry
Many of you may have heard market updates where prices fluctuate by 1% or 2%. I delved into the stats surrounding overbought and oversold conditions. For instance, if the day’s lowest price is 1.23000 and the current price is 1.25000, we determine our sell signal based on a threshold of 1.3%. This means the EA will trigger a sell when the price reaches 1.2423.
Conversely, a buy signal is generated when the price pulls back from strong movements, allowing us to capitalize on market reversals.
It’s worth noting that most other strategies I reviewed didn’t come close to achieving the 8/2 success ratio.
2. Holding Positions for Profit
Once we’ve entered a trade that’s moving in our favor, the VR-SETKA-3 holds onto that position without interference from the advisor. The goal is to let profits run until the take-profit level is hit. By calculating lot sizes based on your account balance—using flexible percentages—we can adjust our trade sizes dynamically.
3. Managing Losses Effectively
When trades move against us, the EA employs an averaging strategy to mitigate losses. This means we’ll take additional positions in the same direction, which allows us to manage our way back to a break-even point. Importantly, this averaging is done without relying on Martingale strategies, which can be risky.
For those who choose to use Martingale, it’s essential to be aware of the heightened risks involved, as large price movements could require significant capital.
Optimizing Your Strategy
The VR-SETKA-3 allows you to tweak various settings, such as the averaging methods and slippage parameters, to suit your trading style. You can even determine how aggressively you want to manage your positions.
In closing, I’m looking forward to developing a version of VR-SETKA for MetaTrader 5 in the near future. Stay tuned for more updates!
Comments 0