CADJPY Price Action

Fx4U.CADJPY.v2.8.10.zip (883 downloads )

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– The robot only works on CADJPY M15 timeframe.

Price Action Strategy:

There are 3 signals to open a BUY order (opposite for a SELL order):

1. In a large uptrend, open an order when a small uptrend appears and add some sufficient conditions.

2. When the price is fluctuating in an uptrend band, open an order when the price returns to the old bottom and add some sufficient conditions.

3. In a marked uptrend, open an order when the price breaks above the top of a neighboring price and add some sufficient conditions.

– Stop loss: All trades have a stop loss. It relies on the Fractal indicator or the Supertrend indicator or the neighboring price zone.

– Take profit: All transactions have a set takeprofit. It is based on the Fractal indicator or the neighboring price zone or an optimal ratio.

– Capital management: Each entry signal is only one order. Move stop loss dynamically when price moves in the right direction. Take profits continuously when the price moves in the right direction to maximize profits. Also relies on Kelly’s capital management method to bet higher amounts on orders that are likely to yield larger returns and vice versa.

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– Robots are improved every day for better performance.

– To buy bot, please contact https://t.me/vnfx4u

– Robot information is posted on https://ctrader.com/algos/cbots/show/3198

– Visit https://ctrader.com/users/profile/55833 to see my other robots.

Backtesting data: Version: Platinum; Broker: Icmarkets; Data: Tick data from server (accurate); Commission: 30

(If your broker doesn’t have much data, you can login to ctrader account: bot.fx4u.net@gmail.com – Password: fx4u.net)

– 9 consecutive years of profit. if trading with 2.5% risk, the profit is about 250% per year (You can backtest every year to see the annual profit).

– Backtest From 19 Jan 2014 – 09 Feb 2023 with tick data.We have a profit of about 2,600,000 usd with an initial capital of 1,000 usd if we place a 2.5% risk per order. The maximum Balance Drawdown is about 15.75%. This profit is equivalent to 250% per year.

See more about the AUDCHF robot

– Backtest From 19 Jan 2014 – 09 Feb 2023 with tick data. We have a profit of about 192,306 usd if we place a fixed 500 usd/order (equivalent to 384R for 9 years). This profit is equivalent to 3.56R per month.

See more about the EURAUD robot