What's new

Profitable EA trade ringer expert advisor 4.02

3.30 star(s) 14 Votes
The max levels isn't working on 4.03, I set it to a maximum of 6 and it's now got 8 open, this is a big issue.
 
Last edited:
The max levels isn't working on 4.03, I set it to a maximum of 6 and it's now got 8 open, this is a big issue.
Did you check the comments, sometimes if the trend changes the trend and countertrend trades can be the same. But if you have 0.01 lot, 0.02, 0.03 and so on up to 0.08 lot then it's a bug and we need to check. I have so far trades at level 3, if it goes past 6 I'll let you know.
 
It can cause problems once the trend switches and it starts opening trend and countertrend in the same direction. I have on my EURUSD 2 basket of trades the trend and countertrend and both are buy and in huge DD...
 
I'm using it on a real account it hasn't been great because of what happened especially with the corona virus, 2 weeks ago was with the eurusd and this week is with the usdjpy. is not just happening to us but every traders. best is use small lot size for now until everything calms down.
 
How the system works
Take 3 currency pairs combine them and rotate them like a wheel
Example AUD/JPY USD/JPY AUD/USD
As one is in drawdown, two are in profit
or 2 are in drawdown while one is in profit

Conservative setting- one ring
Medium setting- one ring higher lot size
Aggressive setting- two rings

Charts- 4hr and 1 day

Recommend run Sunday-Wednesday

Which currency pairs does the Traide Ringer trade?
These are the pairs that work in a synergistic way most of the time, which allows the Traide Ringer to profit on one pair while another pair is in a negative profit.

  1. AUDUSD
  2. AUDJPY
  3. EURAUD
  4. EURJPY
  5. EURUSD
  6. USDJPY

Drawdown is a natural occurrence with any trading and should not cause unnecessary alarm. At the same time, we want to be responsible and make educated decisions that help avoid drawdown at the wrong times.
Floating Drawdown Expectations:
.01 per 1,000$ (Recommended)
Floating Drawdown Expectation= 2-5%
Recommended Equity Protector= 20-25
.02 per 1000$ (Medium Risk) (Higher than Recommended)
Floating Drawdown Expectation= 3-8%
Recommended Equity Protector= 25-30
.03 per 1000$ (HIGH RISK) (Aggressive; not Recommended unless account size is $3,000)
Floating Drawdown Expectation= 6-15%
Recommended Equity Protector= 30
Here are some factors that could cause unexpected drawdown
  1. News Events = If the software is running during an Economic News event that can cause high volatility in the market place can result in a higher drawdown experience with the Traide Ringer Software.
  2. Low Liquidity – When running the software during times of low liquidity; Bank Holidays, In between sessions and Fridays. This is because with low liquidity there is less volatility, which results in smaller movements in the market. When this takes place the software has less opportunity to close profit positions so you may experience more drawdown than normal.
  3. Running anything different than the recommended settings the company has provided, such as more aggressive settings and starting the Traide Ringer as soon as the market opens on Sunday when spreads have not normalized.
Good day. does these EA handles $100 account? please advice. thanks
 
I'm using it on a real account it hasn't been great because of what happened especially with the corona virus, 2 weeks ago was with the eurusd and this week is with the usdjpy. is not just happening to us but every traders. best is use small lot size for now until everything calms down.

You could stay away from US, Eur, and Jpy temporarily.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Similar threads

Users Who Are Viewing This Thread (Total: 2, Members: 0, Guests: 2)

Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock    No Thanks