This is one of these things where a small change can make a big difference.
I have used a risk setting of 6, because something above that could ruin the whole system.
How do I know? Because I have tested it!
If you increase the risk setting to 7, you will see what I mean.
From time to time you will notice that even small changes can make a big difference.
Just a little less or a little more risk might make the difference between profit and a total loss.
With an Algorithmic Trading you can find out, what the right settings would have been.
But how do you make a decision for the next year, the market might change and you need to decide.
You can’t predict the future, but you can always do several tests for the last 8 or 10 years.
Pick something that worked for the last few years.
I usually do a backtest for 8 to 10 years for several currency pairs to find out what works and what doesn’t work.
Does that mean, that I can guarantee that it will work for the next year?
No, I can’t. But I can tell you that the probability is above average that it will work – and that is the only kind of market advantage that I need.
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.