Stock Trader
- Experts
- Bram Van De Vooren
- Version: 1.0
- Activations: 10
Welcome to Stock Trader (beta).
-=The way it works=-
This EA (Expert Advisor) focuses on the major Stocks that operate during the New York Stock Exchange. It Analises the trend, volume and looks at possible breakouts. Its capability to trade simultaneous Stocks on a one chart setup adds to a higher profitability with a strong risk management.
It has compounding power that looks at your Balance and applies entry sizes based on your own risk appetite.
Take profit concept is based on 2 Take Profits. The first one being to protect for possible reversals and exiting partially the trade with a smartly placed Breakeven. While the Second Take Profit is focusing on solely on profits, with a Trailing function.
-=Trading Philosphy=-
The profit is exclusively based on Profit factor with minimum drawdown or exposure, avoinding any kind of DCA(Dollar Cost Avergaging) or Martingale, that can be so painful on the long run.
We do focus on the legiticimacy of the trades and we do not over-optimize, we do not use brokers that allow editing of past trades for reassurance of the costumer.(i.e we avoid Welltrade)
We do encourage users to share and provide feedback to improve the EA, this is a long term proyect.
-=Backtesting and Live signal=-
The Expert Advisor is configured based on historical data, meaning that the settings are focusing on what did work in the past. Mainly the last 2 years.
Live signal is to assure the user of the legitimacy of the trades, being able to monitor the progress.
-=The Setup=-
The setup is very simple since its a ONE CHART SETUP. Load the EA onto one of the stocks (ie TSLA) and get going.
Minimum balalance is 1000$, hedging account.
We recommend RAW or ECN accounts with tight Spreads.
-=The Future=-
This EA is still in its early stages(beta),and trough deep backtesting/forward testing based on overy tick of historical data we come up with a setup that aims for safe trading.This analisis takes a lot of time and we have come up with a setup for TSLA, as we further test more Socks these will be implemented. THe EA is already capable of trading up to 10 stocks on 1 single chart, so feel free to explore further. Many many more features are in the pipeline, but we decided to launch now at a highly reduced price to start building a community, we want to create a proyect that is ever evolving and improving, feedback is key to us.
-=The Story=-
Having traded this EA concept manually for a long time, I decided to produce a product initially for myself, to avoid the large hours looking at charts. While i have used many EA's in the past and found myself in uncomfortable situations where backtests where fitted and manipulated, encountering a very high ammount of promises that where not true. The decision to create my own EA was easy, and then, if it worked why not share it with the community.
