In this video we are going to trade the currency pair AUDUSD for the whole year 2019 with an algo trading system that can be downloaded on the website AlgorithmicTradingSystem.com.
The current risk setting is 35.
The entry signal is the Bollinger Bands indicator.
We are using an original Metaquotes Metatrader 5 demo account as you can create one with a few mouse clicks in Metatrader to compare it with your own results.
Do you expect to always make a profit with everything you do?
In my eyes that is like hoping to take a trip with your car and having all the traffic go out of your way.
Maybe the president of the United States can do that, but average people have to deal with real conditions.
So, from time to time you can expect to spend one or two hours in a traffic jam and from time to time you might have an issue with your car.
When it comes to trading this is also the case.
You will see times when your Algorithmic Trading System simply doesn’t move.
You would like to see more positions or bigger profits, but it just doesn’t happen every time.
This is something that can’t be avoided.
It is even possible that you don’t make any profits but losses for a period of time.
And that is when people try to make things more exciting.
That is why you see those warning hints on your brokers website.
Trading is risky and you can lose your money, so sometimes you need to accept the traffic jam – even with automated trading systems.
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.