Trading Disclaimer
All TRADING involves high risk and YOU can LOSE a substantial amount of money, no matter what method you use.
All trading involves high risk; past performance is not necessarily indicative of future results.
Finally our first product release is here. It's called Tormod and You can find it here:
https://www.mql5.com/en/market/produ...omments&page=1
Since this is our first product do not excpect Miracle. However once the market gives good conditions the robot can earn some additional money.
However it has to be configured properly. Let's dig into that issue a bit deeper.
This is backtest for the robot for last Year. Since the EURUSD was mainly in downtrend the best would be to select Downtrend in the parameters section.
It is reccomended to trade 500$ per 0.03 lot. Since June 2014 that would double the initial deposit.
SCREEN #1 : Tormod in period 2014 06 - 2015 06 configured for Downtrend
SCREEN #2 : Tormod in period 2014 06 - 2015 06 configured for Downtrend Statistics
In that configuration it has about 85% of winnning trades. The results went slighly worse last quarter despite
market conditions for EURUSD and uncertainity that brought the pair rather into Uptrend or Sideways.
So far Tormod in that period (2015 03 - 2015 06) behaves best with the sideways configuration:
SCREEN #3: Tormod in period 2015 03 - 2015 06 configured for Sideways
SCREEN #3: Tormod in period 2015 03 - 2015 06 configured for Sideways statistics
With earning about 60% of initial capital for last quarter.
So far You can see it is important to understand the background for the EURUSD current market structure
and configure the robot according to current conditions.
The maximum You can trade with our robot is 0.9 lot. For that amount we would recommend 15.000$.
For today we will sum it up with equity curve for 2015 03 - 2015 06 of Tormod robot configured for
Sideways trading with maximum lot that it allows to trade.
Let Your portfolio grows.
Yours THOT'S BOTS
All TRADING involves high risk and YOU can LOSE a substantial amount of money, no matter what method you use.
All trading involves high risk; past performance is not necessarily indicative of future results.
Finally our first product release is here. It's called Tormod and You can find it here:
https://www.mql5.com/en/market/produ...omments&page=1
Since this is our first product do not excpect Miracle. However once the market gives good conditions the robot can earn some additional money.
However it has to be configured properly. Let's dig into that issue a bit deeper.
This is backtest for the robot for last Year. Since the EURUSD was mainly in downtrend the best would be to select Downtrend in the parameters section.
It is reccomended to trade 500$ per 0.03 lot. Since June 2014 that would double the initial deposit.
SCREEN #1 : Tormod in period 2014 06 - 2015 06 configured for Downtrend
SCREEN #2 : Tormod in period 2014 06 - 2015 06 configured for Downtrend Statistics
In that configuration it has about 85% of winnning trades. The results went slighly worse last quarter despite
market conditions for EURUSD and uncertainity that brought the pair rather into Uptrend or Sideways.
So far Tormod in that period (2015 03 - 2015 06) behaves best with the sideways configuration:
SCREEN #3: Tormod in period 2015 03 - 2015 06 configured for Sideways
SCREEN #3: Tormod in period 2015 03 - 2015 06 configured for Sideways statistics
With earning about 60% of initial capital for last quarter.
So far You can see it is important to understand the background for the EURUSD current market structure
and configure the robot according to current conditions.
The maximum You can trade with our robot is 0.9 lot. For that amount we would recommend 15.000$.
For today we will sum it up with equity curve for 2015 03 - 2015 06 of Tormod robot configured for
Sideways trading with maximum lot that it allows to trade.
Let Your portfolio grows.
Yours THOT'S BOTS