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The Miracle Discovery…

Well STRobot has been out a while, he’s been getting better and better but over Christmas and New Year I was messing around with the chats trying to make one of the indicators clearer and I came across by accident a way of identifying entries that so far has proven simply quite incredible. After some fine tuning with the trading group we are now running a version that currently has the ability to enter and exit forex trades on all the major currencies.

We have turned off our trailing stops and just have go safe at 30 pips, we have removed our take profits because the robot is able to detect when the market turns – why limit our profits to the next target?

Here is an account I “flattened” yesterday, basically by closing down all the trades.

As you can see the account has 149 pips of profit in open trades and is losing 53 pips, however strobot will close of those trades when he decides the market has changed direction – he is able to identify the difference between pull back and actual market direction change using this algorithm, he can also identify flat markets, choppy markets and will 99% of the time stay out of them.

This development has meant I’m being able to take an account, pop strobot on it and watch him build up profitable longer term trades.

Effectively our stops now are set at 60 pips and only used in emergencies like if there is some surprise news release, STRobot makes trades safe at 30 pips profit anyway which means that we are able to lock in profits. Knowing that he will run the full length of any trend.

 

This chart is STRobot’s chart that demonstrates the software in action, the bottom indicator (with the red and the green) has two levels, an upper and a lower, the upper shows the entries, see how STRobot sells (on the red) after a pullback, he tries to get in on entries so we can go safe as quickly as possible, basically he is able to sense the fighting between the bulls and the bears.

He is consistently running on average around 10 to 20 trades, when the market changes direction he pulls out of the losers at between 11 (yes, can you imagine having an 11 pip stop) and 40 pips. But he can stay in to trades that run for hundreds and hundreds of pips if given the chance to do so!

Happy Trading

http://www.strobot.rocks

 

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