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BotIQ Flag Pattern No Martingale No Grid Systems

Hi!

This is a Bot I created for my own trading portfolio.

But was thinking that to build the trust with any of you guys to use my other systems,I put this one up for free. The only thing I am asking for is a honest review.

So if u like it and when u realise it it is actually a good working bot, u can look into the other bots that I have here on the market to add more strategies to your portfolio.

I always make bots without Martingale or Grid systems because I mainly make these bots for my own portfolio.

How this bot works:

  1. First it identifies a big Impulsive move using the ATR indicator.
  2. Then it measures the distance from high to low of the next candles that creates the flag after the Impulsive move.
  3. If that distance is small then it takes a trade for a continuation move.

In this way the pattern will be a Flag and the bot is trading the continuation.


Stats of 10 Year Backtest:

  • Gain: +153%
  • Total Trades: 269
  • Win Percentage: 76%
  • Profit factor: 1.38
  • Recovery Factor : 3.47
  • Max Drawdown: - 16.12%


Recommended Inputs on Screenshot.

Customize your risk level with the 'Risk' input to control maximum drawdowns.


Optimised and tested for USD/CAD on 30Min TimeFrame


Check out my Youtube for more strategies: 

https://youtu.be/SZNsOeMwCH8?si=U9L3zdsRT_WoslHV


And guys!

If u haven't figured it out yet I will tel you. There is no best strategy.

The only way to make it in the long term is to have a large portfolio of strategies that will even out your equity curve.

It is far better to have 10 strategies that can make 10% a year each, than one strategy that makes 100% a year.

Or you are screwed when that one good strategy don't work anymore. And maby you lost half your money then already.


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    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
    Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for   Scalping   Trading on   Eurusd . This Expert Advisor is based on the latest generation of   algorithm  and is highly customizable to suit your trading needs. If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated   algorithm  that allows it to   identify   and   follow m
    Quantum StarMan
    Bogdan Ion Puscasu
    4.91 (80)
    Herkese merhaba, kendimi tanıtayım: Ben   Quantum StarMan,   Quantum EAs   ailesinin heyecan verici, en yeni üyesiyim. Ben, 6'ya kadar dinamik çifti işleme gücüne sahip, tam otomatik, çok para birimli bir EA'yım:   AUDUSD, EURAUD, EURGBP, EURUSD, GBPUSD ve USDCAD   . En yüksek hassasiyet ve sarsılmaz sorumlulukla ticaret oyununuzu bir sonraki seviyeye taşıyacağım. İşin ilginç tarafı şu: Martingale stratejilerine güvenmiyorum. Bunun yerine, en yüksek performans için tasarlanmış gelişmiş bi
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    Stanislav Tomilov
    4.29 (28)
    Aura Black Edition is a fully automated EA designed to trade GOLD only. Expert showed stable results on XAUUSD in 2011-2020 period. No dangerous methods of money management used, no martingale, no grid or scalp. Suitable for any broker conditions. EA trained with a multilayer perceptron Neural Network (MLP) is a class of feedforward artificial neural network (ANN). The term MLP is used ambiguously, sometimes loosely to any feedforward ANN, sometimes strictly to refer to networks composed of mult
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    Michael Prescott Burney
    4 (10)
    Golden Taipan FX: The Elite Trading System for XAUUSD H1 Overview: Golden Taipan FX is a cutting-edge trading system engineered specifically for XAUUSD on the H1 timeframe. With over 200 precisely crafted strategies, this system is designed for speed and efficiency, delivering consistent, high-quality trades that maximize profitability. With an impressive win rate exceeding 90%, Golden Taipan FX is your go-to solution for reliable and substantial returns in the gold market. Key Features: High W
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    Thi Thu Ha Hoang
    4.71 (28)
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    Inrexea Limited
    5 (2)
    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 ) Signal Monitor: SAN Key Currency Pairs: EURUSD CADCHF NZDJPY GBPAUD XAUUSD These pairs, along with their main related pairs, form the core of our trading strategy, offering a broad spectrum of opportunities across major markets. Product Highlights: Advanced Inrexea Database Integration: Seamlessly connects with our Inrexea
    Oracle MT5
    Stanislav Tomilov
    5 (13)
    Oracle Trading Expert the Quintessence of Modern Programming Technologies Expert Oracle for MetaTrader, trading on GBPUSD and Gold, represents the quintessence of modern programming technologies. Our unique proprietary methods and developments are based on advanced machine learning concepts, making our trading expert truly one-of-a-kind. We offer cutting-edge modules and neural architecture that embody innovative advancements in financial programming. Our algorithms rely on in-depth data analysi
    This expert advisors search for perfect impulse setups. 2 Units left at 1200 USD. Next price 1500 USD Offer 900 USD until monday 26 August The approach is use a very few but high effectives rules / filters and an effective management of the opened position. Signal https://www.mql5.com/es/signals/2049326 Backtest The EA must be backtest in any timeframe, but for use in live, must be attached to a M5 chart. Live setup The EA is very easy to configure, and can be used with the
    FT Gold Robot MT5
    Marzena Maria Szmit
    4.47 (59)
    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
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    BotIQ ATR Impulse is a Expert Advisor that is NOT using Martigale or Grid Systems. Trading Approach: Identifies strong impulsive moves in the trend direction. Patiently waits for a pullback. Strategically enters positions to catch the momentum for a powerful continuation. Risk Management for Stability: Utilizes ATR-based impulse move, stop loss, and take profit. Ensures stable performance in various market conditions, including both high and low volatility phases. Development and Testing: De
    BotIQ Bollinger Bands Impulse is a Expert Advisor that is NOT using Martigale or Grid Systems! Strategy Overview: Identification:   The strategy utilizes the Average True Range (ATR) to identify strong impulsive moves in the market. Execution:   It trades the reversal following the identified impulsive move. Profit-taking:   Profits are taken at strategic points near the Bollinger Bands. Development and Testing: Developed over an extended period. Rigorously tested with 5 years of backtes
    Introducing our ICT Trading Bot for MT5 A sophisticated solution designed to automate your trading. During the ASIA session, the bot identifies a customizable price range, allowing for strategic adjustments. Post-ASIA, it patiently awaits a liquidity grab above or below the established range. A key feature is the detection of a significant fair value gap candle in the opposite direction of the grab, its size measured against the ATR value. Subsequently, a limit order is strategically placed a
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