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STROBOT New version 2

You may have noticed I’ve not posted for about a month that’s because I’ve been backtesting and working on a  new version of STRobot. It’s been a huge job.

STRobot still uses fib levels for targets. But has  a lot more clever things:-

– ability to add to trades to a trade so if he sees opportunities for further trades he will place them once the trade is safe (stop inside entry).
– Better entries
– Trailing stop now trails even when the trade is not in profit to reduce risk
– Entries are based on 4 hour timeframe and 15 minutes at the same time- updated all the indicators.

So let’s look at a live trade I have on.

You can see STROBOT now has a strength meter built into the trading output.

So lets have a  look at a trade in detail.

STRobot spotted CADJPY for an entry after it had bounced off of the 61.8% fib level. He waited for a break down and took the trade at the point shown, this is the hourly chart and you can see a falling trend. You’ll see how STROBOT identifies 4 hour trends so now he’s looking for a run down to the next fib level @ 38.2% He’ll probably add a few trades as this pair is not moving hugely as we go down.

Here’s the 15 min.

I don’t know how far we will get because the 200 pip target is quite a long way away but we shall see.

 

 

Anyway there we go – here comes Monday

http://www.strobot.rocks