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Profitable EA trade ringer expert advisor 4.02

3.30 star(s) 13 Votes
How the system works
Take 3 currency pairs combine them and rotate them like a wheel
Example AUD/JPY USD/JPY AUD/USD
As one is in drawdown, two are in profit
or 2 are in drawdown while one is in profit

Conservative setting- one ring
Medium setting- one ring higher lot size
Aggressive setting- two rings

Charts- 4hr and 1 day

Recommend run Sunday-Wednesday

Which currency pairs does the Traide Ringer trade?
These are the pairs that work in a synergistic way most of the time, which allows the Traide Ringer to profit on one pair while another pair is in a negative profit.

  1. AUDUSD
  2. AUDJPY
  3. EURAUD
  4. EURJPY
  5. EURUSD
  6. USDJPY

Drawdown is a natural occurrence with any trading and should not cause unnecessary alarm. At the same time, we want to be responsible and make educated decisions that help avoid drawdown at the wrong times.
Floating Drawdown Expectations:
.01 per 1,000$ (Recommended)
Floating Drawdown Expectation= 2-5%
Recommended Equity Protector= 20-25
.02 per 1000$ (Medium Risk) (Higher than Recommended)
Floating Drawdown Expectation= 3-8%
Recommended Equity Protector= 25-30
.03 per 1000$ (HIGH RISK) (Aggressive; not Recommended unless account size is $3,000)
Floating Drawdown Expectation= 6-15%
Recommended Equity Protector= 30
Here are some factors that could cause unexpected drawdown
  1. News Events = If the software is running during an Economic News event that can cause high volatility in the market place can result in a higher drawdown experience with the Traide Ringer Software.
  2. Low Liquidity – When running the software during times of low liquidity; Bank Holidays, In between sessions and Fridays. This is because with low liquidity there is less volatility, which results in smaller movements in the market. When this takes place the software has less opportunity to close profit positions so you may experience more drawdown than normal.
  3. Running anything different than the recommended settings the company has provided, such as more aggressive settings and starting the Traide Ringer as soon as the market opens on Sunday when spreads have not normalized.
This is very helpful information. Thanks for sharing the Floating Drawdown Expectations for the Trade Ringer.
 
what's the résults of this EA ? have you try on démo account ? big DD or not ? what'sthe return monthly
Some say it's good. I had success with it a the beginning but i think my broker changed something because i was no longer getting the same results but i was using the same EA and the same settings. I wish we had version 5.02 to compare but I doesn't look like people will be interested as the EA has been discontinued.
 
I tested TR 4.02 on a forex 4yu demo account, based on a cent account of 10000 ($100), 0.02 lots, pairs-EURUSD, USDJPY, EURJPY, USDCAD, EURAUD. Timeframe H1, with high volatility switched to H4. One of the dangers, when the market moves recoilless, is closing from the stop loss. I just deleted the SL. The maximum drawdown is 18.14 %, range multiplier is 1.0. The profit is about 28%, from 3.12.2020, minus 13% on the stop loss, I did not see. The real account currently has 3000 EUR-0.3 lot, the maximum drawdown of 11% is less than 1% on average.
 
I have Ainstein the rebeanded TR. Running for 3 months in live. Returns just enough to pay expensive subscription
 

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