Day Trader: Price Action Strategy for Medium Volatility Stocks

Overview and Suitability: This robot is tailor-made for active day traders seeking to engage with medium-volatility stocks through a price action strategy. The simultaneous open trade limit is capped at 40, ensuring optimal diversification within the trade pool while facilitating convenient monitoring.

Strategic Features and Technical Basis: In essence, price action trading is a methodology enabling traders to interpret the market and make subjective decisions based on recent and actual price movements. The algorithm employed in this robot utilizes multiple short-term price windows to identify the initiation of robust price movements. Simultaneously, the main price trend's direction is assessed using a proprietary set of technical indicators developed by our quantitative team. If the trend aligns with the price impulse direction, the robot executes a trade.

Upon trade initiation, a fixed Take Profit order of 3% is placed alongside a trailing stop loss. This design allows the robot to maximize profits while avoiding prolonged exposure to unprofitable trades.

Given that the price action strategy excludes the inclusion of fundamental analysis factors, our team conducted a meticulous analysis to formulate the most diversified list of stocks, ensuring an optimal portfolio structure. As a result, the robot engages in trading stocks from various sectors, industries, and with diverse values and capitalizations. This approach aims to enhance the robot's independence from overall market dynamics and the specific dynamics of any particular industry.

Ideal for Traders: The trading results of the robot are displayed without the use of margin. For comprehensive trading statistics and an equity chart, click on the "Show All Stats" button on the robot page. In the "Open Trades" tab, users can observe in real-time how the AI Robot selects equities, enters, and exits in paper trades. In the "Closed Trades" tab, users can review all previous trades executed by the AI Robot.

Trading Dynamics and Specifications:

• Maximum Open Positions: Medium, allowing for diversified exposure while managing concentration risk.
• Robot Volatility: Medium, offering a balanced approach between capturing significant market movements and mitigating sharp declines.
• Universe Diversification Score: High, indicating a broad array of instruments to hedge against sector-specific downturns and enhance profit opportunities.
• Profit to Dip Ratio (Profit/Drawdown): Low, offering a low profit vs. drawdown ratio that makes it usable for experts when the risks are high.
• Optimal Market Condition Medium: If the current market volatility is Medium then you should use the Best Robots in Medium Volatility Market (VIX is Medium - this indicator is coming soon).  

Disclaimer: Disclaimers and Limitations

Simulated Performance: All simulated performance results are derived solely from real-time calculations using historical data. Algorithms receive minute-by-minute historical prices and other data from Morningstar and generate trades in real time based on these historical inputs, effectively eliminating any hindsight bias. 

Actual Performance: All actual performance results are derived solely from real-time calculations using current data. Algorithms receive minute-by-minute current prices and other data from Morningstar and generate trades in real time based on these current inputs, effectively eliminating any hindsight bias. 

Gross Performance: Gross performance results do not deduct any fees or expenses. These results reflect the total returns generated by the AI Robots without considering the costs associated with accessing the service. 

Net Performance (current performance chart): Net performance results deduct fees to provide a more accurate representation of returns experienced by the user. These deductions can include: Model Fee Deduction: Net performance results may deduct a model fee equivalent to the highest subscription fee charged to the intended audience. Actual Subscription Fees: Net performance results may also deduct the actual subscription fees paid by the user for access to AI Robots.