Trading strategy of IQ BOX advisor, and the advisor itself is created by the traders of Kalinka Capital OU (Estonia) company. IQ BOX is highly profitable and risk-less advisor for automated forex trading
One of the man advantages of IQ BOX, is a trading strategy of the price channel break-though, formed on Asian session, filtering most of the false market entries with less probability of the price channel break-though.
IQ BOX forms the entry points precisely enough, informing the trader about formed price channels beforehand, projected profit points that advisor will get during the day. Non-standard indicators and one filter built into the code of advisor are used for market entry, based on the standard ZigZag indicator. Trader is informed about gathered and processed data via break-though level lines and expected profit fixing level.
Also, the "Profit Hour” function is applied in the advisor. In case if past certain time, that is set in the trading settings, the price didn't get to the specified TakeProfit, and projected movement was not confirmed, advisor will close the position in current profit (position will not closed in loss). Future candle that is planned for profit fixing will be shown on the chart.
For averaging the loss making position, system of reversal analysis is applied, analyzing the price reversal projection in the direction of loss making position, with the following output of this position in total profit on trading account via pending orders placement by the signals of indicator built into the code of the IQ BOX advisor. The averaging system does not uses so called "Martingale", and leaves the margin level and equity availability of your account in safe borders, making the trading process with IQ BOX, riskless.
For better informative content, forex advisor has visual indications of total profit fixing levels by all opened positions when averaging process is in act.
Also, for possible losses limitation, advisor has an option of using the StopLoss values. Logic of the StopLosses use is also developed by our company. Each time when the pending order is placed, advisor calculates the possible volatility and the width of the price channel, with additional modifiable parameters that can be set in the trading settings. Based on these calculations, StopLoss is set accordingly with projected market situation.
Full description of the software is available at soft4forex.com
Expected return, growth of balance in a year with reinvestment of the received profit.
Trading instruments, currency pairs used for trading in the presented strategy.
Few trading options exist for the potential losses limitation.
StopLoss - closure of loss making position by predetermined level in percents from the deposit, or in points range. This option is considered the most safe in trading.
Hedging - partial of full overlap of loss making position on account of profits gained with closed positions, in any direction and any traded instrument.
Averaging/breakeven - additional averaging position opening, in the same direction as loss making position. Following closure of all positions taking part in averaging, in total profit. This method is considered one of the most risk involving, with constant growing load of the deposit, in case if the trend is moving against the opened positions.
Martingale - averaging positions opening with exponential lot volume increase, in relation to previous loss position opened in the same direction. This method is considered the most risk involving, but at the same time, one of the most effective as well, if there is no long term trends on the market, such periods known as "flat market". We don't recommend to disregard the risk management recommendations, not to exceed the coefficient to more than 1.5 - 2.
Lock - market position opening on set range in points or in percents from the deposit amount. Lock position is opened in opposite direction from the loss making position, with the same volume, or with the same lot exponent. Volume of the lock position depends of the algorithm of trading strategy, and a purpose of the lock position in this strategy. Lock position can be used to prevent the deposit from drawdowns with trend reversals with following withdrawal in profit.
- Averaging / in-out without loss
- StopLoss in points
Trading account type - Brokers are offering different account types with different trading conditions. One of them is difference in provided market price feed.
Standard - 4 digits past comma, in format of 1,1234.
Extended - 5 digits past comma, in format of 1,12345.
When determining the range of price movement in points, in analytics, projections and discussions, four digits after comma is taken into account.
Example : price went from 1,20002 to 1,30007, it means that the price change for 100 points(one figure). If to say that the price is in this case went for 1005 points, it will be wrong. As the fifth digit is not a whole point, but one tenth of a point.
- Extended - 5 decimal places (1,12345).
- Standard - 4 decimal places (1.1234).
The minimum amount of security for safe trade with a minimum position volume of 0.01 lot for each instrument used in the trade.
Forex robot IQ BOX
Trading strategy : market entry through pending orders on price channel breakdown, formed during Asian session.Recommended leverage: not below 1:100. Recommended minimal deposit : 200$ for 0,01 lot (Insta Forex lot 0.10), for each currency pair. Profitability: 10%-25% per month, or 200%-500% per year with re-investment of gained profits.