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Support Resistance Breakout 2

INTRODUCTION

Please, even if you already have a lot of trading knowledge, take the time to read before paying bots. Whether it's mine, or for someone else. You can't know everything.

Trading is a business of probability. No matter what type of strategy, robot or analysis (technical or fundamental) you use, you can never know for sure, if your next trade will win or lose, you can never know for sure if your next month will be a gain or a loss. All you can be sure of is that, if you have done a good backtest, and you apply the same setups that you used during the backtest, and if you use good money management, you will have a high probability of beingprofitable after executing several trades over a long term.

Our job as traders is how to increase our chances of being profitable in the long term, after having executed several trades in the long term. Do not only focus on 1 or 10 trades to judge the effectiveness of a strategy or robot.

If you don't understand that, there's no point in paying my robot or anyone's robot. If you can't understand that you have no control over the market, and that your only strength is how to increase your probabilities, so let trading, to go do another job, in which you are sure that per month you will have a salary.

Trading is not an easy job. If you want to make money quickly, without spending money, and without making any effort, go and look for another job.

Stop believing that a robot will be profitable, just because it had more views or more purchases in the market. Nowadays, all of this can be manipulated.

Just because my bot isn't expensive doesn't mean it's not good. Don't judge the effectiveness of a bot, based on its purchase price. You can pay a bot at $1000, but the robot won't be profitable in the future. You can take a free robot but it may be profitable in the future.

I could sell it for 1000 dollars, but I didn't because of the reasons below:

1.    In my experience, after coding and back testing more than 1000 bots, I realized that robots that are profitable over a long period, with a low drawdown, are always in the Higher Time Frames (>= H1). So, I recommend using bots on large time frames.

But the disadvantage is that, when you do Swing Trading, with a single bot on a single pair, the bot can take 3 to 4 months before finding a setup. This means that, despite the bot being profitable over 10 years of back testing, it profit will be very small, even over 1 year.it can make years in negative, before going back to positive.

That's why you need to use multiple bots, so that some bots fix drawdowns created by other bots at the same time. This will save you from being in drawdown for several years. This is the first reason why I lowered the price of my bots

2.     According to your backtest, if a bot was profitable in past years, it doesn't mean that this bot can predict the future. There is no evidence that it will be profitable in the future. We can only say that there is a high probability that, it will be profitable in the future, because it has been profitable in the past. It is for this reason, you should never trade your capital with a single bot, if you want to increase your probability of being profitable. This is the second reason why I have lowered the price of my bots

So you have high probability, by trading with small risks, and increasing the number of bots that have been profitable in the past, than using a single bot with very high risks. It is for these 2 reasons, mentioned above, that I have lowered the price of my robots. So that you can buy other bots (even if they are not mine). It's true that I want to sell my robots, but I don't want to make my money on the failure of other trades.




I. GENERAL IDEA OF THE STRATEGY

This robot does not use a Grid or a Martingale system. It just uses a simple strategy based on Supports and Resistances

BUY

The robot will look for resistance.
If the price breaks this resistance to the upside, the robot will buy.

SELL

The robot will look for support.
If the price breaks this support to the downside, the robot will sell.


 


II.  DOWNLOADING OF BACKTEST INPUT PARAMETERS FOR  SYMBOLS

Before buying a bot,download the demo version, then check the backtest results. After checking the backtest result, if the robot is profitable on certain symbols, then you can buy it.

If you want to download the input parameters, with which the robot has been profitable in the past, on different symbols, click on this link: https://drive.google.com/drive/folders/1hvNAAzMyHb6cP2nSvozBFmNRWaRd62-I?usp=drive_link

After doawnloading the input parameters, when you want to check the results of my backtest, use deriv's "Swap-Free Account", otherwise you will have different results. Most of my robots do swing tarding, that's why I trade with the Swap-Free Account, to avoid paying swap fees, every time a position is opened, for more than a day.

After checking my  backtest results, if the robot is profitable on one symbol, with certain settings, you should use the same settings in live account, until the robot takes at least 100 trades. This is at that time, you can decide to continue to trade or stop trading the robot on this symbol according to the risk you have taken. The same process must be applied to all symbols.

If you want to check the results of my backtest, do not try to manually enter the "set" files that you have downloaded. Because you can make mistakes, and this will completely change the results.

Click on the link below, to learn how to automatically load the robot parameters into the strategy tester:https://youtu.be/csMOM6toFkw?si=y7bNiSFQB-SuqMrt




III.        VPS

After doing the paying my robot, if you want to connect it into a real or demo account, make sure to connect it to a good VPS, so that in case of load shedding, your bot can secure the trades already in progress, and also continue to look for new setups.

If you don't know how to connect a robot on VPS, use this YouTube videos links to learn it: https://youtu.be/C1kaI69kxx8?si=qgCKg0XI9O0xXIye




CONCLUSION

Thank you for your time. Even if you don't buy my robot, I'm glad I added you may be at least some trading knowledge.

And above all, if you notice an imperfection in the way the robot works, don't hesitate to write me on the platform or, to send me an email on djagbavisylvestre12@gmail.com, so that I can correct it.

I will reply to your message in less than a day.











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Welcome to GoldExcel EA for MetaTrader5, your ultimate automated trading solution for the XAUUSD instrument (GOLD). Our system has showcased performance, banking $50,000 real profit on a $1k account since inception in November 2023. REAL Account Performance here on Default RISK Profile:  https://www.mql5.com/en/signals/2266088 With a proven track record of consistent profit over the past 15 months, GoldExcel stands out a reliable choice in the trading landscape. Experience the power of GoldExce
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After 6 Years of Successful Manual Trading, My Strategies Are Now Available as Expert Advisors! Introducing the WallStreetKiller EA – a trading system built for the US30 from years of hands-on experience, extensive testing, and a steadfast commitment to secure, strategic trading. NO GRID, NO MARTINGALE, TIGHT SL EVERY TRADE. ONE TRADE PER DAY .   NO LOT MULTIPLIER. ICTRADING LIVE 10K SIGNAL   (You won´t see many other sellers with 10K accounts on their EAs). ICTRADING AGGRESSIVE SIGNAL WallStree
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Gabriel Costin Floricel
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Andrei Vlasov
5 (5)
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Profalgo Limited
4.32 (76)
PROP FIRM READY! ( download SETFILE ) LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Welcome to the Gold Reaper! Build on the very succesfull Goldtrade Pro, this EA has been designed to run on multiple timeframes at the same time, and has the option to set the trade frequency from very conservative to extreme
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Andrei Vlasov
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Azil Al Azizul
5 (3)
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