Plutus Rock Mt5
Introducing PLUTUS ROCK, an amazing expert advisor for MT5, delivering your forex trading journey to the next level. This meticulously created expert advisor provides you the opportunity to experience the safety and comfort of automated trading.
This expert advisor employs a breakout strategy created based on the back-testing and optimization of multiple forex currency pairs over the years. This expert uses stoploss and takeprofit limits for each trade, and the value at risk at each position is kept determined and limited constantly. Additionally, there has not any of the unlimited and undetermined risky strategies like Martingale, Hedge, or Grid been used in this expert. At the same time, this EA uses advanced risk management techniques to recover the possible losses and increases profits by using rationally higher risk values during consecutive wins.
IMPORTANT:
Setting Broker to London time difference correctly is important.
Special Features:
- Independent of broker time zone.
- Timeframe independent.
- Position Volume Calculation Method:
Based on a constant lot size value
Based on the percentage of equity
- Smart trailing feature:
The trailing distance is automatically adjusted based on the gained profit
- Stoploss modification Feature:
Allowing to close all positions at the end of each day
Allowing to change stoploss limits to the previous days high/low
- Recovery and reward risk management features:
Allowing faster recovery of drawdowns
Allowing employing the consecutive wins by increasing risk rationally
Recommendations:
- Best currency pair to trade:
XAUUSD.
- Minimum balance: 200$
- Account type: Low spread accounts (preferably ECN).
