Torth

Torth is the Sindarin (Tolkien elvish language) word for control and stewardship

Symbol - XAUUSD

This strategy uses a trend monitor which is updated every 3 months, more if needed. It will also been run as 3 different modules which can be switched on and off individually as needed for maintenance and optimisation.

All positions across all modules have a Stop Loss Level (SL) and also use Trailing stop levels (if beneficial) as well as immediate auto closing should the trend reverse, securing profit made or limiting losses depending on which situation.

As this uses SL there will be times of drawdown, this can't be avoided. The point is to limit this and recover, which Torth does.

All modules are configured for reasonable risk vs reward with some focusing on accuracy, allowing for the use of higher lot sizes rather than amount of deals. Backtests show that any losses are fully recovered by the end of 2 weeks!

Module 1 - The Vanguard (Now available)

This strategy monitors the trend across the 5M timeframe and will place positions of 0.01 per $1000 following the trend with Take Profit levels (TPs) based on the strength of trend. Trades only during the day (If Rogue is running).

This ratio will slowly widen with balance to garner more security and piece of mind without sacrificing too much growth.

Example:

$1,000 = 0.01 lot

$2,000 = 0.02 lot

$10,000 = 0.10 lot

$50,000 = 0.30 lot

Recently added a secondary component that focuses on a couple of hours in the mid afternoon (around 2:30pm GMT) that places 9 separate positions with profit tracking for each individual part that total at 4.5% risk (balance permitting based on SL set). Tuned for high accuracy and with a built in recovery feature.

Module 2 - The Tactician (Now available)

This module focusses on placing slightly larger scaled risk positions (currently set to 1% risk) on the 1H chart with a TP and a time frame filter, the focus is to allow monitoring price movements across different timeframes to increase likelihood of scoring a hit and tuning the Trailing loss level to secure a price backpedal, resulting in a larger profit to hopefully help cover any losses from Vanguard and likely give it some more speed.

Due to the nature of this, it will be tuned to trade infrequently with a heavy focus on positive success rate. Resulting in a nice extra profit with minimal risk.

Module 3 - The Rogue (Now Available)

This module only trades at night and searches for deals across several symbols (XAU vs USD, EUR, AUD) based on the market's tendency to return to average daily values. It will adapt the TP to how the current trend is performing and grabs a few wins whilst the other modules are sleeping.