Swing Trader FOREX: Only Cross Currency Pairs (TA)
Description:
This type of AI robot is best suited for swing traders who like to trade actively and are not afraid of increased levels of risk. The average trade duration is 12 hours, which allows our users to use their capital effective and not get stuck in one trade for a long time. To make the trading process as comfortable as possible, we have limited the maximum number of open positions (which can be opened at the same time) to 16.
We have created a mixed pool of cross currency pairs with different levels of volatility (AUDCAD, AUDNZD, CADCHF, EURGBP, EURNZD, GBPCAD, NZDCHF) to balance the risks and not depend on the dynamics of one specific currency. Every day, our Machine Learning algorithms scan the price action of each of these currency pairs to find the best moment to open a trade. All algorithms are based on a proprietary combination of technical indicators with individually selected parameters. The AI selects the most suitable indicator for each pair, each market situation (uptrend, downtrend or sideways) and open trades.
The exit from a position is made by trailing stop, which allows our users to get the maximum profit from the trend. At the same time, our unique combination of trend detection methods effectively filters out unwanted signals during sideways price movements.
Since this AI Robot actively trades cross currency pairs, we recommend using ECN to minimize the impact of spreads on trading results.
The robot's trading results are shown without using a margin. For a full trading statistics and equity chart, click on the "show more" button on the robot page. In the tab “Open Trades”, a user can see live how the AI Robot selects equities, enters, and exits in paper trades. In the tab “Closed trades”, a user can review all previous trades made by the AI Robot.
Disclaimer. The presented paper traded results (annualized returns, % wins/loss, and other statistics) are achieved by the application of the backtested and forward tested models. The past backtested and forward tested performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, expressed or implied is made regarding future performance. Forward testing started on 10.24.2022.
Summary (365 days)
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