Pivot Point is an accurate but complicated technical analysis indicator which price levels are used by high professional traders to enter and exit the markets, Pivot Trader Pro core system depends on pivot point calculation to be used for price levels determination and make safe market entry and exit.
The way a trade is managed is often more important than its entry point determination, so the robot has extra-features to carefully manage opened trades and exit them for safer trading:
This is simply determining the most suitable time for closing an opened trade, so it's not closed too early due to small retracements so potential profits can be missed, and also not closed too late so the already achieved profits get missed or even turn into losses.
To do this successfully, Pivot Trader PRO reduces the stop loss according to the price action changes and as the profits increase it then moves the stop loss within the profit range.
The robot includes a powerful money management system where the trader can simply put the comfortable risk % for him to let the system select the trade lot sizes. The lot sizes are then increased as the account grows in a rate consistent with the preset risk value.
It's carefully calculated keeping available margin in mind and considering simultaneous opened trades.
This is optional as the trade is still able to use fixed lots.
Triple Trade Verification
This is a 3-step verification system that filters out bad and false trade signals before they are effective:
This filter uses Oversold and overbought level measures to validate a trade, so that an overbought oscillator indicates a possible sell opportunity and an oversold oscillator indicates a possible buy opportunity. Every trade signal is subjected to this oscillator verification and the trade is skipped if there is signals mismatch.
This is internal switch to the daily timeframe to detect the overall trend direction and verify a detected signal so that if it's going up for a certain pair only buy signals are allowed on that pair and if it's going down for a certain pair, only sell signals are allowed on that pair too.
Taking an entry signal before the candle closes is unsafe, as the price action of a currency can trick the trader by touching a level or even going beyond it but quickly it relapses to where it was considered a bad signal.
Pivot Trader PRO verifies a signal by waiting for the candle to close before taking an action.
Multiple Pair Support
The robot was designed and optimized to effectively trade on 6 pairs; USD/CAD, USD/JPY, AUD/USD, NZD/USD, EUR/USD and EUR/GBP.
Market Type and Condition
The robot can safely trade using pivot levels in both a trending market and a sideways market regardless of that market condition. It may miss one or two points but they are taken into consideration.
Pivot levels are imaginary detectable landmarks on a chart that help to determine its support and resistance levels as the price action trends up and down.
The robot trades using the most advanced technologies till date that can secure the highest protection starting from all new positions hard StopLoss and TakeProfit to automatic switching between 4-digit & 5-digit quotes.
Unique Trend Detection System
It applies a common market pattern discovered by the robot developer to predict the next direction of the market with high accuracy so it can time its reversals.
Stealth Trading Technology
An aggressive stop loss is applied just for protection and not really used, actually the stop loss and take profit values setting is an internal process in the robot system that impressively secures the risk-to-reward ratio and this is what hides your real stops from the broker and so they can't alter your trades to their benefit creating an ultimate protection from their unethical manipulation.
Trade & Risk Management
A well defined base to determine trade entry and exit is essential for a good strategy, this can be achieved both by risk management and trades management, Forex Venture Bot can do this effectively.
The robot doesn't use unsafe trading methods like grid or martingale and it doesn't hedge too.
In addition to the built-in safe risk to reward system, it includes a built in risk management system that enables you to select your comfortable risk percentage upon which it will determine the appropriate lot sizes and increase them on growing of your account.
The next step before starting a trade is to compare such an opportunity to price action for verification, this confirms an impending reversal of the trend direction.
Then the trade entry becomes so favorable and that trade is highly promising and the system puts an order.
The whole strategy is up to date with the latest developments included. The working core of this Forex robot is market resistance levels based. Over the past years Everex Elite trader / coder team have successfully developed a continuously adaptive StopLoss system that required statistics generation and in depth analysis aided by various advanced mathematical software applications. Another scientific approach was mathematical connections search in the Forex market data dynamics and analyzing them depending on a variety of new generation mathematical researches like Neural Networks, Reinforcement Learning, Support Vector Machines and many others.
Generally, Everex Elite is in trade only for 30 seconds, an enough period for its intelligent StopLoss system to analyze, evaluate and react to all market movements to generate the required data to modify the StopLoss value about 20-30 times during every trade. This all grants the ability of Everex Elite to be constantly profitable in the previous 6 years.
Cyrus EA core strategy is the trend detection by which it follows that strong trend to open orders. The system perfectly analyzes the current market condition to dynamically determine the StopLoss and TakeProfit parameters value. This guarantees making the maximum profit from every trade while subjecting the account to the minimum risk.
A different StopLoss and TakeProfit values are set for each trade but the system mostly exits a trade when it draws what the market could maximally give from it as the market might turn against us any time.
Cyrus EA also applies various entry point detection algorithms both alone and in combinations, what minimizes the risks and ensures sufficient stability.
It is not a scalper or grid trader, not even a martingale system.
It's based on SAFE & PROVEN trading fundamentals that could yield excellent stable results over many years in the past, these include auto trade management, auto money management, profit protection system and false signal bypass system.
Some popular indicators used by Vortex Trader PRO include CCI, Moving Averages, WPR, and others.
By measuring market volatility and oscillation, accounting trends and tracking price action, the robot can use the resulting data and combine it perfectly with its settings and built in indicators to wipe out the majority of harmful and bad signals, what finally results in being a huge win rate system.
A minimum of not less that $200 account balance is required for the robot to trade successfully, while its developer recommends a starting balance of $500 to $1000 for a stronger trading.
The robot doesn't apply any martingale or grid strategy; the misleading tactics that could grow your account rapidly but later it'll be destroyed completely. REV Trader PRO profits from the market volatility regardless of its direction, up or down, it just rides the wave.
It's not even a scalper, protecting your money from losses by commission, spread, slippage, and broker sensitivities.
Although it comes with a powerful set of controls to refine and adjust its performance, all are preset to extremely excellent default settings.
Trade Reversal Detection Technology
It allows the robot to detect the market potential reversals with high accuracy.
False Signal Detection Technology
It allows the robot to detect and avoid false trading signals and works in conjugation with the trade reversal detection technology adding an extra level of safety.
As wes clarified, REV Trader PRO, its entire strategy, analysis and tactics all run on H1 timeframe.
Once a potential winner signal is detected by the robot proper identification of the market pattens, all the systems do their checks on that signal.
One final confirmation is performed by internal switching to the the Daily chart and re-analyze to track the direction of the trend and compare it to the acquired signal on the H1 timeframe.
If there is matching between the analysis results, the trade is performed, if not, the trade is considered false, as the daily charts clears out the short term market impurities and make its general direction more obvious.
If a signal on the H1 chart appears to be a loser one while on the daily is in favor to it, its highly probable will recover in the profitable direction.
Account Risk Management
Through it you can preset a risk percent which you'd like to oppose your account to depending on its equity.
Trade Operation Management
It's more important than opening a trade, to select the best timing for its closure. This is a build-in dynamic trade management system that locks in profits to enhance your account growth and make this growth smoother.
GPS Forex Robot independently takes all of the information from the market and calculates the necessary parameters for optimal trading. On the backtests the EA shows unbelievable stability and very good profit. Moreover, this robot is not sensitive to the spread. For example, with the EURUSD pair, for only one trading operation, the expert takes an average profit in 8 pips, while the average spread for this currency, for example on the Alpari UK or IamFX brokers, is only 0.6 pips.
Like a GPS navigator in your car the robot is trying to predict the short term movement with a very high probability. That's why it's so called "GPS Forex Robot".
In 98% of cases it is right.
And in the 2% of cases when it is wrong, Antony & Ronald added a great reverse strategy inside which instantly opens a trade in the opposite direction and covers the small loss. This simple trick makes the robot really undefeatable on both backtest and live trading!
And the best part is - The robot does not involve any tricks like martingale, grid or no-stoploss trading that can easily blow your account.
Using arbitrage trading strategy, Broker Arbitrage detects the ideal trade opportunity points for 7 different of currency pairs.
It's not a scalper
Despite opening trades up fast they are not performed so rapidly preventing broker failures provided that the trades execution is purposeful and closing them out is done exactly at the right moment.
It's not a grid trading robot
It determines a definite stop loss and take profit which are not so low, and trades are not left with more trades opening as the case with grid trading, so no issues with brokers not closing the trade properly or intended trades failing to profit can exist.
It also has a special trailing stop technology that maximizes and locks in profits.
Risk in essence is less than 4-5% as it is distributed among multiple currencies making it rarely if not impossible to lose on all of the trades, while using small accounts makes hovering negative trades opened caused by the broker spread significantly less.
A super simple twist system on Keltner Channels which is a tool used to identify reversals with channel breakouts and channel direction and can also be used for identifying overbought and oversold levels from another strategy that was previously created.
This is based on the trading ideas discussed in a book called "How to Make Money in Commodities", by Chester Keltner.
The robot applies a dynamic Stop Loss and Take profit, what means that they are trade dependable and change according to every trade situation, but usually, the Stop Loss will be half of the Take Profit and this means that each win will be much larger than each loss.
The average trading rate of the robot is about 30 times / month or one trade a day and it usually trades in groups which may result in several successive days or even weeks without positions being opened while you may also find it opening 10 positions in a single day, it's sensitive to a very specific set of conditions which if met the robot starts to trade.