Day Trader: Price Action Bot Divecification Volatility (TA)

Day Trader: Price Action Bot Divecification Volatility (TA)

Overview and Suitability: This robot is designed to cater to both novice and experienced traders. This trading robot is distinct from the 595 model, primarily due to its take profit being set at 3% instead of 2%. The bot operates effectively in both Diversification volatility environments, with a take profit level of 3%, allowing it to potentially open up to 42 trades. For a trade to occur, there must be a volatility surge of 5% or more. All trades are executed at market opening, with take profits set at 3%. The stop loss ranges from 2% to 10% per trade, maintaining a win rate of over 70%. The robot exclusively trades long positions, simplifying the process for beginner traders. While drawdowns can reach up to 25%, positions tend to recover quickly, making it a robust tool for day traders.
For trading robots, it's advisable to operate with margin accounts to manage all the pending orders initiated by the algorithm. During times of heightened market volatility, the robot may take advantage of leverage provided by the broker, potentially up to a 1:1 ratio. This allows for more efficient capital utilization and helps to maximize potential returns.

Strategic Features and Technical Basis:

Diversification  Volatility:

The bot is designed to capitalize on significant volatility spikes, making it versatile in various market conditions.

Price Action:

Trades are based on price action analysis, ensuring that each trade is informed by real-time market movements rather than lagging indicators.

Position and Risk Management:

Average Holding Period:

The average holding period for trades is 1 day, aligning with the day trading strategy to minimize overnight risks.

Trading Dynamics and Specifications:

• Maximum Open Positions: Medium, allowing for diversified exposure while managing concentration risk.
• Robot Volatility: High, suited for navigating and capitalizing on market swings.
• 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): Medium, offering a balanced profit vs. drawdown scenario that makes it an ideal intermediate and experts.
• 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