PipsoDog – advisor with profits fixed by equity size
PipsoDog - successfully fighting with the loss making positions, accelerating the equity to necessary volumes, to fix the profit in shortest possible time.
When fixing the profits, all opened positions are taken into account. Accordingly, when the profit is fixed, all positions in the market are closed. After, advisor enters the market again, without dragging any positions behind from the previous trading session.
As in our advisor, the lock positions is strong component in a chain of trading strategy algorithm.
As we mentioned earlier, advisor trades in both directions, placing the grid of pending orders with the step of 100-150 points. For market entry, PipsoDog is not using any indicators. Advisor constantly holds positions open, and when the quotes moves for 100- 150 points, profit is fixed and another market entry is executed. Accordingly, you will not miss a single point of the market activity, without gaining any profits.
Full description of the software is available at soft4forex.com
Expected return, growth of balance in a year with reinvestment of the received profit.
Expected return, monthly account balance increase.
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
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.