It's not a high frequency scalper as on average it trades about 200 to 300 times a year. It focuses on short term trades to smartly enter and leave the market harvesting its profits with limited exposure to rapid market movements.
It implements the successful Forex trading behaviors including emotion, verifications, trade management, money management, and market awareness into its trading strategy.
Easy Walker strategy for starting a trade and getting profits is carefully optimized on ranging and gently trending markets.
Renko filters are its key to minimize the stochastic market noise and determine the most appropriate trades entry and exit points.
It allows one order to stay opened at a time and always sets take-profit and stop-loss levels to the open trades, but it often close trades before that.
It applies the professional fund managers technique called the "Smart Money" for maximum profitability, in addition to a sophisticated drawdown compensating algorithm combined to the well known volatility breakout strategy for maximum protection.
The volatility breakout strategy is used by Smart Money technique to follow the market impulse for its purity and logic for the most reliable and constant performance.
In addition to that, the EA applies a cutting-edge polynomial algorithm that sets and tunes the system parameters in real-time in response to the continuous market movements and condition changes.
It also applies a set of intelligent profitable and protecting systems as:
- High spread and high slippage protection system.
- State-Of-The-Art Profit Protection System.
It detects the final moments of a volatile market trend or session, identifies the volatility limits below which the dominant market trend is, and don't ignore the special situations when those volatility limits occur near important market levels, predict price levels that should capitalize when market is readjusted after the volatility breakout has occurred, and finally it sets an order based on that prediction.
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.
Hard Drawdown Control
Losing money is what every trader tends to avoid in Forex trading, for that the right Money Management System is needed. Forex inControl EA allows the trader to set the absolute maximum drawdown value manually not to be exceeded what ever happening in the market. This technology automatically sets StopLoss values for every order based on the previously set maximum drawdown value not to be exceeded by the sum of all the trades together.
Trading on 4 Different Pairs
The core algorithm of the Forex inControl EA is so powerful and simple so it can trade different currency pairs, the best 4 of them are officially supported by the EA developers. This variability can guarantee stable profits as tradable pair supports the other keeping the overall drawdown below the maximum set value. This is a high possibility to maximize the profits with minimizing the risks.
Risk / Profit Advanced Handling
Moreover, it gives the trader the ability to set the maximum drawdown value for each currency pair separately so that an advanced control over the profit and risks can be obtained achieving more stable profit at minimal risks.
The robot has a Conservative, Normal and Aggressive styles of trading.
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.
The breakout trading style of Goldbull PRO is not a new concept, it's been used by top professional traders for years for its characteristic large profits.
A breakout is the point where the market price starts to break away or exit the current trading range which is determined by a high and a low price for a certain period of time.
The accepted market concept "Buy Low, Sell High" is risky and has no role here, instead "Buy High, Sell Higher" in a bull market and "Sell Low, Buy Back Lower" in a bear market are the accepted concepts for Forex market breakout trading.
Unlike other trading systems, breakout style systems don't wait for market reversal which may delay for weeks or months or even years in some markets to enter, but it join a market trend in motion which is more likely to continue than a market reverse.
Goldbull PRO is an intelligent fully automated breakout system always uses StopLoss and carefully manages every trade with built in money management system!
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.