Main things that make Forex inControl profitable and reliable:
1. Hard control of Drawdown
The most important thing in Forex trading is not to lose your deposit. That is why you need a proper money management. Our EA allows to specify a maximal possible drawdown precisely, so that under any circumstances you wouldn’t lose more than expected. In the represented EA we applied a technology that automatically sets StopLoss for all orders on such a price, that will not let you lose a dollar more than it is pointed in the settings of the EA.
2. Trading on 2 different pairs
The algorithm of Forex inControl is so unique that the EA can easily work on many currency pairs. But we chose two best ones. Trading on two currency pairs makes it possible to cover potential losses on one pair by the profit from trading on the other one. Such diversification allows to get a stable profit.
3. Risks and Profits
Trading on two currency pairs with a possibility to limit a drawdown separately on each of them, gives a great opportunity to diversify your profit and risks. That will allow you to get a stable profit at minimal risks.
This is a new and improved version of Forex InControl, what we call – Reborn
Recommend to use accounts with leverage from 1:200 (and more) and trade with 35% of the deposit on each currency pair. In order to trade with 35% of the balance, your deposit has to be bigger than Min Deposit. To calculate exactly how much money you need, use the following formula:
MinDeposit / 35 x 100 = Your required deposit
For EURGBP:
320 / 35 x 100 = $915
For AUDUSD:
450 / 35 x 100 = $1286
In case of using the “Accelerator” mode, we recommend to trade with 20% of your deposit
Specification of parameters:
AutoLot – Turning ON and turning OFF of automatic lot calculating. Calculating is based on the size of a
deposit in MaxDrawDown. If set as “false” the lot size should be set manually in ManualLot setting.
Compaunding – If set “true” lot calculation will be calculating on the principle of compound interest. This is
more profitable and more risky method at the same time.
MaxDrawDown – This parameter is used so that in case of unforeseen circumstances, you would not lose
more money than is specified in it. Here you should specify the percentage of the deposit, which you will trade.
MaxDrawDown should be set if AutoLot is turned on. If AutoLot is turned off MaxDrawDown doesn’t work.
ManualLot – Here you can manually set the lot size. It works only if AutoLot is turned OFF. If you set Lot
manually, MaxDrawDown will be selected automatically based on your lot.
Slippage – Maximum of the price slippage for buying or selling orders.
CloseAll – This parameter is only needed if you want to completely close all orders opened by the advisor. In
order to the advisor be able to open orders again, you need to set a value as “false”.
1. Hard control of Drawdown
The most important thing in Forex trading is not to lose your deposit. That is why you need a proper money management. Our EA allows to specify a maximal possible drawdown precisely, so that under any circumstances you wouldn’t lose more than expected. In the represented EA we applied a technology that automatically sets StopLoss for all orders on such a price, that will not let you lose a dollar more than it is pointed in the settings of the EA.
2. Trading on 2 different pairs
The algorithm of Forex inControl is so unique that the EA can easily work on many currency pairs. But we chose two best ones. Trading on two currency pairs makes it possible to cover potential losses on one pair by the profit from trading on the other one. Such diversification allows to get a stable profit.
3. Risks and Profits
Trading on two currency pairs with a possibility to limit a drawdown separately on each of them, gives a great opportunity to diversify your profit and risks. That will allow you to get a stable profit at minimal risks.
This is a new and improved version of Forex InControl, what we call – Reborn
- NEW mode – Accelerator
- Control Drawdown
- Trade on 2 Currencies
- Diversify Risks
- Do all that with Forex inControl Reborn
Recommend to use accounts with leverage from 1:200 (and more) and trade with 35% of the deposit on each currency pair. In order to trade with 35% of the balance, your deposit has to be bigger than Min Deposit. To calculate exactly how much money you need, use the following formula:
MinDeposit / 35 x 100 = Your required deposit
For EURGBP:
320 / 35 x 100 = $915
For AUDUSD:
450 / 35 x 100 = $1286
In case of using the “Accelerator” mode, we recommend to trade with 20% of your deposit
Specification of parameters:
AutoLot – Turning ON and turning OFF of automatic lot calculating. Calculating is based on the size of a
deposit in MaxDrawDown. If set as “false” the lot size should be set manually in ManualLot setting.
Compaunding – If set “true” lot calculation will be calculating on the principle of compound interest. This is
more profitable and more risky method at the same time.
MaxDrawDown – This parameter is used so that in case of unforeseen circumstances, you would not lose
more money than is specified in it. Here you should specify the percentage of the deposit, which you will trade.
MaxDrawDown should be set if AutoLot is turned on. If AutoLot is turned off MaxDrawDown doesn’t work.
ManualLot – Here you can manually set the lot size. It works only if AutoLot is turned OFF. If you set Lot
manually, MaxDrawDown will be selected automatically based on your lot.
Slippage – Maximum of the price slippage for buying or selling orders.
CloseAll – This parameter is only needed if you want to completely close all orders opened by the advisor. In
order to the advisor be able to open orders again, you need to set a value as “false”.
