Select language
Balance replenishment ALIEBAY

REGISTER PARTICIPANTS Expert Holy Trinity Risk Control Mt4

Discussion in 'Forex Market MQL5' started by James Goldman, Sep 9, 2020.

Stage:
Recruitment of participants
Price:
30.00 USD
Participants:
0 of 15
Organizer:
Is absent
  1. James Goldman

    James Goldman Moderator
    Staff Member Organizer

    Joined:
    Jun 15, 2020
    Threads:
    2,345
    Messages:
    2,346
    Likes Received:
    1
    Country:
    USA
    #holytrinityriskcontrol

    holy-trinity-risk-control-logo-200x200-6371.png

    Holy Trinity Risk Control
    This EA makes use of three indicators:

    • Holy Trinity Volatility Indicator
    • Holy Trinity Peaker Indicator
    • Holy Trinity Pluss Indicator
    In this EA, there are two modes made available to the trader:

    • Aden John Fx Buy and Sell Entry mode - this is the mode based on Aden John's trading strategy which works with the aforementioned indicators. As would be seen in the settings, this mode can either be turned off or on.
    • My Own Buy and Sell Entry mode - this mode is for whatever trading strategy the manual trader wishes to use for his own trading activities. That means that, after a trader has performed his own trading analysis and decided to buy or sell, all the trader needs to do is to turn this mode on and then off again.
    In either of the two available trading modes, the trader has the opportunity to implement our 'Risk Control' risk management techniques. As such, the trader cannot lose more than he has already bargained to lose.

    Settings
    The automated trading partner has been rigorously tested, and so the settings used therein (as discussed below) should be greatly appreciated.

    • Take Profit – 30 pips
    This is the desired predefined exit (the value of profit you intend to make from a single trade).

    • Choose Your Lot – 0.01
    This is the lot size volume you intend to use in any given trade. The combination of your take profit and your lot size would give you a corresponding numerical profit value. So, a 30 pips take profit may translate into just about any value. Depending on the chosen lot size, 30 pips could mean - 30 cents, 3 dollars, 30 dollars, 300 dollars, 3 000 dollars etc.

    • Use Fractional Lot – True
    If the trader decides not to choose a specific lot size, then this option should be set to True. This way the lot size would be determined based on the following conditions below.

    • No Of Robots Trading In Account – 1
    This is a fund management scheme, in which the number of automated trading systems trading in the particular account must be known. This number plays a crucial role in determining the final lot size that would be calculated in any given trade.

    • No Of Financial Instruments – 1
    This value is much so critical in that the total number of currency pairs wished to be traded and given to be managed by this automated trading system must be known. If the trading partner robot is to trade more than one currency pair, then it must be so indicated herein so the computation can be made.

    • Risk Fund In Percent Account Balance – 10.0%
    This is it! Here, the trader must specify the percentage of his investment funds that he is willing to risk in any given trade. With the number of trading robots pre-specified to be 1 as well as the number of financial instruments pre-specified to be 1, a 10% value means that in any particular trade, the maximum amount of your investment capital, of which you are willing to lose, will just be 10%. Therefore, the lot size is determined based on the price level within a given trade range. This means in every trade, the trader never loses more than 10% of his investment per time.

    With the number of trading robots pre-specified to be greater than 1 and the number of financial instruments also pre-specified to be anything greater than 1, then the automated trading partner would calculate the lot size to be used based on the given input. Thus, irrespective of the number of financial instruments been traded, the total amount of the trader’s investment capital staked in all the trades that may ever be taken would never be more than the chosen percentage risk fund.

    • Upper Percentile – 90.0%
    This is the maximum upper range, above which no trade would ever be placed. The trading partner does not open any buy or sell trade above this level. This is to avoid extreme end trades with a high trading risk.

    • Lower Percentile – 10.0%
    This is the minimum lower range, below which no trade would ever be placed. The trading partner does not open any buy or sell trade below this level. This is to avoid extreme end trades with a high trading risk.

    holy-trinity-risk-control-screen-9566.png

     

Share This Page

Select language
Balance replenishment ALIEBAY
  • Subscribe to new topics

    Subscribe
  • International online service AliEbay