Download “FREE EXPERT ADVISOR - ALGORITHMIC TRADING SYSTEM - SMA 1000 FOR METATRADER5 DEMO ACCOUNTS”ALGORITHMICTRADINGSYSTEM20200106-Demo-SMA1000.zip – Downloaded 381 times – 94.11 KB
From time to time things simply do not work as desired.
There are some common insights that should work, but algorithmic trading systems don’t care about common sense.
For example we all know that it should be easy to pick the right direction.
The price can either go up or down.
Not too hard, but in reality I have never seen somebody who was able to really predict the future.
So all we can expect is a probability that is higher than average.
But it is still possible to ruin a system, even when you are right most of the time.
With a good risk management you can improve your odds to avoid that.
An Algorithmic Trading System is able to calculate the allowed number of positions based on Balance, Equity, current profit and a few other things.
It can do that in split seconds, for hundreds of positions on each Forex chart.
It takes about 3 to 4 seconds for humans to divide 53 by 12, but any 10 year old computer can do that a thousand times faster.
I think discretionary trading is like car navigation with a compass.
I think you would rather use the navigation system that already comes for free with your car or smartphone.
You can download the free version for the Algorithmic Trading System below the video on our website AlgorithmicTradingSystem.com
It will work with original Metatrader 5 demo accounts.
If you are interested to learn more, or if you are interested to trade this system on a real account, make sure to become a starter member for just one dollar.