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Secutor CFD MT5

5

Why Secutor and If It Can Be Used With Prop Trading Challenges?

One of the dirty truths of financial markets is that reliable scalping and high frequency trading algorithms depend on highly complex mathematical functions created by the hands of the brightest minds of programmers and mathematicians. In the world of institutional trading, 50-60 year old technical analysis tools are never used for the validation of any trade decision.

    We took the institution way in the development of Secutor EA. Our starting point was mathematics and probability theory. This is how Secutor EA was born.

    Secutor EA is the second free trading algorithm from Institution Breaker. With Cybele EA, we have completed the set of free trading algorithms. We advise using Secutor EA and Cybele EA together. Our simulations have shown better risk-return ratios when Secutor EA and Cybele EA are used in conjunction. Portfolio results are provided in the screenshots section.

    You can read my article for how to obtain x13x return with portfolio diversification.

    For Which Trading Instrument Secutor Can Be Used?

    Secutor EA is developed to be used with DAX index trading with M30 timeframe. You can click to download the set file.

    Note: After you install and share a review on the page of the Secutor, you can join the 'Institution Breaker Trading Group' where I share key knowledge about trading, markets, how to correctly setup an EA and more. Just message me for the link.


    Why Standard Forex Theory Almost Always Creates Sooner Or Later A Significant Pressure On Our Margins?

    The movements of the most preferred currency pairs are highly dependent on the fluctuations in major currencies.

    If your bots trade AUD/USD and USD/CAD at the same time for example, and if some news or data hits the dollar, you would be exposed to drawdown in your account because AUDUSD and USDCAD are strongly dependent on the dollar and therefore highly correlated. Almost all expert advisors use some variations of technical indicators to make a trade decision where the Secutor EA does not.

    We can not get rid of this situation as long as we trade completely independent pairs such as CAD/NZD and CHF/AUD. It is because the spread and swap rates are not optimal to trade these pairs.

    That said, in the development process of Secutor EA and Cybele EA, we paid particular attention to avoid this ‘correlation effect’. Secutor EA and Cybele EA rely on completely different trading algorithms and trade completely different instruments: DAX and NASDAQ.


    Robustness and Consistency Tests

    We also would like to add that Secutor EA has passed rigorous testing procedures for consistency and reliability.
    • Secutor is based on a complex trading algorithm but all these complexity put under the hood. Even first time EA users can easily run without hassle.
    • As we stated earlier, for developing a successful trading algorithm, you must use different testing tools.  Secutor is developed completely outside of the MQL5 platform.
    • During the development process, significant time and effort has been carried out for the robustness checks with 'what if scenarios', 'Monte Carlo simulations', 'out of sample tests' and 'sequential optimization' method.
    • Secutor is also tested in many brokers and the consistency and robustness of test results are compared under different tick-data environments.

    Can and How Secutor Be Used In Prop Trading Challenges?

    • Short answer is yes, it can be used.
    • Secutor does not use grid and martingale strategies.
    • It is also not programmed for high frequency trading.
    • Secutor is a position trader and has a complex algorithm to decide trade entry points.
    • Secutor presents many time and day adjustment parameters which some prop companies require.
    • Every position comes with TP and SL points as soon as an order is placed.
    • Secutor provides a perfect risk-return ratio and is safe up to the 5% daily DD limit.
    • Secutor is one of the safer algorithms on marketplace for 'Black Swan events in financial markets.
    • Therefore, Secutor can be used in prop company challenges as long as you use it with correct settings.
    In my this article I explain how to setup a meta trader expert advisor to be used with prop trading accounts:

    https://www.mql5.com/en/blogs/post/757739


    Before First Time Use Secutor :

    • To start with, we provide Secutor 'free of charge'. You should never think it is not a qualified trading algorithm. It does quite a good job with DAX and can beat many expensive trading algorithms with its safeness and robustness.
    • Always be kind and do not hesitate to ask questions. If you are happy with it, please leave a comment. The support is important for us to present more developed trading algorithms.
    • Remember, Secutor is designed only for DAX and only with M30 timeframe.
    • Recommended minimum balance is $1k for 0.1 lot standard accounts and $100 with 0.01 lot for the cent accounts.
    • We strongly recommend you use Secutor in a demo account for at least 2-3 weeks before you put it in the real or prop company accounts. (This rule should be applied to every EA you use.)
    • We strongly recommend you test Secutor with at least 2 strategy testers from different brokers. Return and risk should be more or less the  same. If you have more than 20% difference in results across brokers, you may need to re-calibrate some parameters. (This rule should be applied to every EA you use.)  
    • Grid and martingale strategies are not used. When EA places an order, it places TP and SL points straightaway.
    • The starting lot is 0.1 lot for standard accounts. That is, if the index moves from 10000.0 to 10001.0 your gain is $1. Depending on your equity, you may prefer increasing or decreasing the lot size. In your broker, you need to check this in the demo account.
    • As for some brokers, when the index moves from 10000.00 to 10001.00, 0.1 lot  generates $0.1 gain. For example, for the ICMarkets, you need to change the lot size from the default 0.1 lot to 1 lot to match our results. 

    You can control the following parameters:

    • Ulcer Index Period: The period of Ulcer Index
    • Move Stop Out Coefficient: Imagine the situation: You open a position and the position turns positive for the beginning but does not hit TP. Now imagine price started to move opposite direction. Should you wait or get out? If opposite signal is received, Secutor closes this open position and does not allow to turn from positive to negative. This is complex algorithm and this coefficient controls the magnitude of this decision making progress.
    • Adjust Tick Size: As we noted earlier, the data flow can change from one broker to another, which is the main source of failures of expert advisors. This parameter normalizes the tick values to a standard value. So, you should not have a huge difference across different brokers when this parameter is set to true. 

    All other parameters are self explaining. You need to ask your broker the server time and you should adjust the time in line with your broker's time seen in market watch of the terminal.


    Final Words

    We have tried to explain everything as transparently as possible. There is no magic or holy grail in the financial markets and Secutor is neither of them. Our only focus was to generate some AI trading algorithm that can consistently generate profits under many different market conditions. Remember, the only thing you can control in financial markets is YOUR RISK. Therefore, please use Secutor responsively and always tightly control your risk limits.





























    리뷰 5
    wibo
    68
    wibo 2024.06.24 13:21 
     

    NICE!

    Todo Muhamit Schaft
    540
    Todo Muhamit Schaft 2024.06.13 14:24 
     

    This is an great EA to trade on the DE40. And that for a free EA. Also the dev is a great guy, helping out.

    brevent johnny
    163
    brevent johnny 2024.06.08 04:04 
     

    I just downloaded it yesterday and earned 3 singles

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    Denis Kurnev
    4.89 (35)
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    Ho Tuan Thang
    4.93 (15)
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    The Gold Reaper MT5
    Profalgo Limited
    4.61 (66)
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    Inrexea Limited
    5 (3)
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    Arseny Potyekhin
    5 (6)
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    Lo Thi Mai Loan
    5 (17)
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    Dilwyn Tng
    4.38 (21)
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    Big Forex Players MT5
    Marzena Maria Szmit
    4.83 (48)
    We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the  biggest Banks  (positions are sent from our database t
    Quantum Queen MT5
    Bogdan Ion Puscasu
    5 (16)
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    Gold Trade Pro MT5
    Profalgo Limited
    4.55 (31)
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    Marek Stanislaw Zygala
    5 (7)
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    Quantum Emperor MT5
    Bogdan Ion Puscasu
    4.83 (270)
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    Ho Tuan Thang
    3 (5)
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    Lo Thi Mai Loan
    5 (2)
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    Yu Mei Cheng
    4.36 (66)
    Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
    Parrots Breaker
    Siti Hadijah Lena
    Only  1 copies left at current   price!,   Next Price 599 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
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    Dilwyn Tng
    4.82 (22)
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    Marco Solito
    5 (49)
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    Arseny Potyekhin
    4.33 (3)
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    Marzena Maria Szmit
    4.41 (39)
    The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
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    Valeriia Mishchenko
    4.1 (39)
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    Guillem Boix Martin
    4.76 (29)
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    Chen Jia Qi
    4.51 (78)
    MT5 EA 소개: 첨단 알고리즘과 딥 러닝 기술로 동작하는 저희 EA는 외환거래의 복잡한 세계를 유연하게 탐험할 수 있도록 세심하게 설계되었습니다. 이 시스템은 시장 활동을 세심하게 분석하고 미리 정해진 기준에 따라 거래를 수행함으로써 시장 동향을 보다 효과적으로 파악할 수 있도록 지원합니다. 추천 통화 쌍: 실시간 신호: TrendMaster FX MT4 버전: TrendMaster FX MT4 선택 가능한 통화 쌍: GBP/USD (GBPUSD) USD/CAD (USDCAD) 리스크 설정: 공격적인 트레이더의 경우 최대 리스크는 0.15입니다. 최대 리스크 값은 매우 위험할 수 있습니다. 특히 자본이 큰 보수적인 트레이더의 경우 0.05 미만으로 설정하는 것이 좋습니다. 작동 방식에 익숙해지기 위해 0.01로 시작할 수 있습니다. 0.01은 최소 값이 아닙니다. 구매 후: 사용 설명서와 주의사항을 받으려면 개인 메시지를 보내주시거나 사용 설명서를 참조하십시오: 매뉴얼 확인 안
    Please do not   pm   me if you are asking for:  Discount ( Price will go back to original price 3800 in the future ) Backtesting result ( We don't trust mislead informations ) (LOJ IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to ve
    Apocalypse Gold
    Xian Qin Ceng
    5 (6)
    많은 사람들이 XAUUSD 거래를 좋아하며 저도 예외는 아닙니다. 거래 경험과 노력을 축적한 후 XAUUSD/XAUEUR/XAUGBP/XAUCHF /XAUJPY/XAUAUD와 같은 모든 XAU 관련 품종 거래를 위해 특별히 이 Apocalypse XAU EA를 만들었습니다. 그러나 많은 사람들이 모든 XAU 통화쌍을 거래할 필요는 없고 XAUUSD만 거래하면 된다는 점을 고려하면 초급 EA는 매우 의미가 깊습니다. 그래서 저는 XAUUSD 거래에 특별히 사용되는 EA인 Apocalypse Gold를 만들기로 결정했습니다. 신호 표시 및 토론 그룹: 신호 표시:   https://www.mql5.com/zh/signals/2222996 매개변수 설정 방법을 모르거나 다른 질문이 있는 경우 여기를 클릭하십시오.       여기를 클릭하세요 원차트를 이용하여 하나의 차트에서 여러 통화쌍을 거래할 경우 모든 통화쌍을 표시하려면 왼쪽에 있는 시세표를 유지하시기 바랍니다. 한 번에 하나의
    Hercules AI
    Aleksandr Chebotaev
    2.6 (30)
    Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
    US30 Scalper EA MT5
    Lo Thi Mai Loan
    5 (11)
    출시 프로모션! 현재 가격에서 몇 권만 남았습니다! 다음 가격: 1533 달러 최종 가격: 1993달러 Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper EA는 거래 및 코딩 분야에서 높은 경험을 가진 팀에 의해 개발된 차세대 스캘핑 로봇입니다. 미국(
    FT Gold Robot MT5
    Marzena Maria Szmit
    4.4 (58)
    Introducing the FT Gold Robot MT5, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with XAUUSD pairs . With its advanced analytical capabilities, FT Gold Robot constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every day (you
    제작자의 제품 더 보기
    Cybele Unbound: The Power Of Professional Traders Is In Your Hands Cybele Unbound is an artificial intelligent quant trading bot built on the price action and probability theories with the way of institutional trading. It continuously adapts the changing market conditions and tightly manages the risk. It does not rely on martingale and grid strategies and can be used for prop trading challenges. Cybele Unbound continuously analyzes the market to find out who is controlling the price action - bu
    Cybele CFD MT5
    Evren Caglar
    5 (9)
    Cybele: The Less is More Do you ever think, if you really need to open many positions to make mo ney? Or have you ever thought that it could be better to open one position to make $80 instead of opening 80 positions to make $80.  Which is better for you?  In the first trading approach you take the risk only one time in a good quality trade setup. In the second approach, you take the risk 80 times in low quality trade setups. The most professional traders prefer the first approach and they patie
    FREE
    Cipher Chase is the latest generation of trading algorithm based on probability theory and price action principles. It is particularly calibrated to trade Silver prices and developed  by a team of qualified traders. Like our all trading algorithm, w ithout optimization for these specific periods, Cipher survives 2020 Covid 19 collapse and 2022 financial meltdown periods. Cipher Chase is a derivative of Cipher Hybrid-HFT Gold Trader which can be found here:  Cipher Hybrid-HFT Gold Trader. Instit
    The Cipher Hybrid-HFT Gold Trader: The Power of Probability Theory and Price Action Principles The vast majority of technical indicators are the same age as dinosaurs. Also, many retail traders are not aware of this fact: most technical indicators are developed for the stock market - not for the forex and not for the metals market. The apparent fact that you can not achieve consistent success in the metal market with old technical indicator theories and with the tools developed for stock marke
    We continue to exploit market inefficiencies and add one more quant algo trader in our portfolio. Veltro Cycleripper is developed to address and exploit market inefficiencies in the EURUSD market on H1 timeframe. Veltro enters trades with limit orders and manages orders with a trailing stop loss system. Every order comes with TP and SL levels straightaway. Like all our expert advisors Veltro does not use grid or martingale trading systems. You can read my   article   for how to obtain x13x re
    필터:
    wibo
    68
    wibo 2024.06.24 13:21 
     

    NICE!

    Evren Caglar
    2971
    개발자의 답변 Evren Caglar 2024.06.24 14:36
    Thank you.
    Findolin
    1035
    Findolin 2024.06.20 17:31 
     

    사용자가 평가에 대한 코멘트를 남기지 않았습니다

    Evren Caglar
    2971
    개발자의 답변 Evren Caglar 2024.06.24 14:36
    Thank you very much or the kind review. We will consider this in the next update. Best wishes.
    Todo Muhamit Schaft
    540
    Todo Muhamit Schaft 2024.06.13 14:24 
     

    This is an great EA to trade on the DE40. And that for a free EA. Also the dev is a great guy, helping out.

    Evren Caglar
    2971
    개발자의 답변 Evren Caglar 2024.06.20 10:41
    Thank you for the kind review. Let me know if you have further questions.
    brevent johnny
    163
    brevent johnny 2024.06.08 04:04 
     

    I just downloaded it yesterday and earned 3 singles

    Evren Caglar
    2971
    개발자의 답변 Evren Caglar 2024.06.20 10:40
    Great!
    aleksandre.dumas
    39
    aleksandre.dumas 2024.06.06 13:49 
     

    Thanks Evren, for this nice bot. Closed 2 positions in profit this week.

    Evren Caglar
    2971
    개발자의 답변 Evren Caglar 2024.06.20 10:40
    Most welcome:)
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