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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 20.
The entry signal is the Relative Vigor Index oscillator.
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.
Recently we have seen a forex earthquake, the russian ruble fell like a stone.
This is what happens from time to time.
You don’t expect it, but sooner or later it will happen.
These are the situations where everybody is trying to find out what to do next.
Is it better to get out and close all positions?
Is it a good idea to manually override the system settings?
I have seen a few of those situations and I have lost money from time to time.
But no single one of my accounts is big enough to cause serious problems.
I learned that it is a good idea to use several systems on different accounts.
You can trade more positions, because each of my accounts is restricted to 200 positions.
If you really wanted, you could probably trade each currency pair on a different account.
All my systems are probability based and I have traded the Brexit votum in 2016, the EURUSD crisis and the Swiss franc disaster in 2015.
I wish I could say that I never lost, but what I can say is that I never lost enough to get into trouble.
And I am still getting smarter with each automated trade.
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.