STROBOT has a number of different modes, these are all automatic and the artificial intelligence lets him decide which mode to choose.
This is a demonstration of multi trade mode, you can see he has the old trade on from a few days ago and gets a new signal so uses the profit from the old trade to cover the entry for the new, both with the same TP.
His other modes include hedging mode which happens when he senses a possible change in market direction. He applies this to 40 or so currency pairs at once.
Sorry I’m not selling STRobot any more – here’s an update from Friday.
The Bug that turned into a trading algorithm had me in 700 pips YES 700 pips of open trades.
Here’s a trade that TP’ed out. You can see STRobot finding entries. He correctly identifies the break out of the congestion. The red diagonal line shows the actual trade, his target just above the next FIB line.
In a happy accident I discovered some maths that meant that STROBOT now has a new entry system. Here’s it in action.
The small green bar at the bottom of the screen is the buy signal, a red one is a sells signal, strobot places an entry order on the yellow line and waits, targets are set using FIB levels.
STROBOT seems to know when the market is about to change direction – the BLUE indicates a no trade. Mostly in flat markets.
See how STROBOT saw the sell coming! Even though the market looked like it was in a strong buy.
I have decided to stop selling STRobot after a meeting with a big trader last night, instead I am basically trading with him myself and a small group of traders who have been with me for sometime.
I’m in the 2nd of two trades with NZD CAD. The first one achieved target above the Fib level at 0.8471 and the second one took on at 0.84685.
Starting to day with the hourly chart on one of my live accounts you can see a drop of 100 pips on EURNZD, the FIB LINE 61.8% is our target (just above). STROBOT predicted the fall yesterday in fact and entered the trade @ 21:35 GMT yesterday evening, the pair bounced back up but kept within our stop and has now broken down. Target is a lovely 228 pips.
Here’s the 15 minute chart.
As you can see it’s a great entry and STROBOT has come out of the turn rather nicely.
UPDATE GOLD STAR TO STROBOT
STROBOT just TP’d this trade for 228.10 PIPS Awesome, the pair has now started to bounce back of of the 61.8% fib level.
So STRobot v70.3/4 has been trading really really well. I have some test accounts Live ones that I leave alone and I’ve just put a $50USD one on, STRobot has traded it up to $118 in 24 hours using 0.02 lot size. Click Here to see the results! (300 pips profit approximately)
So I thought I’d go through 3 trades STRobot has taken and you can see the artificial intelligence working.
STRobot detects a fast break in price, he then will place a trade straight away – ideal for news.
2. The HEDGE – STRobot had a long trade on but the market changed direction so he set up a hedge short to cover the losses of the long – one of these trades will stop out, the other will take profit covering the cost of the first trade, and ofcourse making a small profit.
2. The Slow move – STROBOT sees a potential break out of a range so places an entry order above the level it needs to break. Then as the market moves up he will let the trade happen. In this case the price has broken the level and we are waiting for the profits!
STRobot has a trailing stop system that tries to avoid getting close to soon, every fast move or slow move is followed by a pull back you will lose at trading if you let your stops run and close your profits early. You should calculate your targets and have a big trailing stop to trail up behind it, if you let it stop out in profit at your trailing stop level. STRobot’s trailing stop works more using fib levels and strength, so as the market gets closer to our target so does our trailing stop.
So STRobot has chosen a NZDUSD short. You can see he has set an entry order so when the market moves down after the initial pull back he’ll take the trade to continue the trade bearish.
Our GBPJPY short was brilliant earlier, I had nearly put the first chart up when it TP’d!!!!
So we’ll wait over night and see what happens.
STRobot has taken an interesting short on GBPJPY it looks like a nice bounce off of the 38.2% fib level targeting the 61.8%. We have Carney speaking later do we have a head and shoulders reversal in progress?
I have also marked the Buy/SELL STRobot signals on this chart so you can see what it does. STRobot ofcourse trades automatically using entry orders. So the fake ones tend to be taken out because they never happen.
As you can see STRobot has a number of good entries on this chart – not forgetting he trades 40 currency pairs.
Target reached. Closed @ 62.50 pips profit!