Dow Jones Trader
- Experten
- Cristian Mihail Pauna
- Version: 1.70
- Aktualisiert: 19 Mai 2023
- Aktivierungen: 10
Dow Jones Trader is a professional expert advisor for spot CFD of Dow Jones Industrial Average US Stock Market Index (US30, DJIA, DOW30). It uses Price Cyclicality, Relative Cyclicality, Adaptive Cyclicality, Compound Cyclicality, Volume Cyclicality, Price Prediction Line, Price Cyclicality Line, Smoothed Heikin Ashi, Relative Smoothed Heikin Ashi, Relative Momentum, and Order Blocks indicators. This EA includes 30 original trading strategies, working consecutively, depending on the market conditions. The default settings are optimal. A specific stop-loss protects each trade. The user can set the allocated risk and a capital exposure protection level that protects the high-risk when using more experts in the same capital account. This is an investment tool, not a high frequency trading software. The Dow Jones Trader algorithm was developed starting in December 2003 on an open source server environment, in 2010 was adapted for MT4, and in 2023 was converted for MT5 with better results and no significant differences between the backtest and the trading results in real money accounts.
Dow Jones | Classical trading | 30 original strategies | Good RRR | No limits | No grid | No scalping | No Martingale | No HFT | No GPT
Dow Jones Predictor has obtained a 1:8 risk-to-reward ratio per year in the last 5 years, making an average of 10 trades per month (1 trade in two day).
If you are looking to make a lot of millions overnight, with no significant invested capital and no realistic risk plans, skip this product, please! PLEASE!
This is a dependable software made for professional traders and investors. Any strategic investor can ask more details by email at cristian@pauna.pro.
The price of this expert will be increased continuously to protect the functional stability and long-time profitability.
In this way, all software users can be sure that this program is not mass sold and used, and its efficiency always depends only on the market evolution.
This expert advisor is designed, optimised, and tested for real money capital accounts. The performance is much different (worse) for demo accounts.
A short guide about how to use this trading software in order to obtain the best performance can be accessed here: https://pauna.pro/howtouseit.
This EA is designed, tested and optimized for USD capital accounts with the hedging option activated and a minimum capital of 10000 USD. For this case, the risk can be set between 5% and 50% for this case, at the user's choice. This EA was not designed and tested for lower capital. The minimal functional capital is 1000$. Better results are obtained in Raw type accounts with a variable spread. Using a low-latency VPS (under 120ms) can get better efficiency. Dow Jones Trader is optimized ONLY for Dow Jones Index and can be used on ANY TIMEFRAME with the same results. The current version is optimized for market data after 01.01.2018 using the DEFAULT settings with an icmarkets USD Raw MT5 live account. For this case, the longest trade last 352 hours, and the longest no trade time last 1177 hours. This expert advisor is not universal and has different profitability from one broker to another. If the market price evolves much differently than the period used for this EA optimization, the risk and capital exposure can be increased without any notice, and losses can appear higher than the risk level set by the user. Test the program before purchasing! DO NOT CHECK the "profit in pips for faster calculation" option in the strategy tester to test this product! The EA is counting money, not pips! Do not test this EA for a period shorter than one year, recommended 3 years, better 5 years back. This is because the cyclicality indicators use at least one year back data. The automated volume calculation is optimized for 1:500 leverage accounts, but the EA can be used for accounts with ANY LEVERAGE level by setting the "CustomVolume" value accordingly. For those who prefer low-risk trading, this product is FTMO-ready for risk levels under 10%. The stop loss is set at a distance of 2.5% from the entry price.
Inputs (default settings are optimal)
TradeMark - the trade comment
MagicNumber - the trade magic number
Protection - the capital exposure protection level
RiskLevel - the maximal estimated capital risk level
StartHour - the hour to start trading
StopHour - the hour to stop trading
TradeLong - to trade or not long (Buy-Sell)
TradeShort - to trade or not short (Sell-Buy)
AutoVolume - to activate automatic volume
CustomVolume - to set a customised volume
MarketTimes - displays the Market Time indicator
Price Action Line - displays the Price Action Line
Cyclicality - displays the Relative Cyclicality
Momentum - displays the Relative Momentum
DisplayProfit - displays the profit on the screen
ManualEntry - displays the Buy/Sell buttons
Before running this expert advisor, load consecutively the M5, M15, H1, H4, and D1 timeframes into the US30 chart to have all necessary data loaded in your MT5 platform. If some data are missing, a warning message will be displayed in the logs, and the expert will not start. This expert advisor uses huge amounts of data for the real-time data-mining process. Please do NOT change the timeframe after you load the expert into the US30 chart. Malfunctions can appear if not all previously data are completely loaded. This expert advisor uses huge amounts of data for the real-time data-mining process. Better performance is obtained for high-performance processors and more significant RAM memory. If your memory or processor is used nearly 100%, the data-mining process will be delayed, and a lower performance will be obtained in the trading account. The expert includes an interface for manual entry order and a template to help the trader to take real-time decisions. If a trade was not identified automatically by the expert, the trader can initiate a trade that will be managed by the software automatically until the end. The manual trades are made at the same volume as the automated trades, depending on the risk level set by the user. Please note that the template form by the Price Action Line, Relative cyclicality and Relative Momentum are loaded to help anyone to invalidate an external signal. For example if the trader wants to take a buy manual trade and sees all the above indicators on red, he must cancel his initiative. Entry signals based on the above indicators must be backtested before to be part of anyone decisions.
The capital exposure set by the input parameters is approximated using the price movement statistics between 01.01.2018 and today. This is the maximal drawdown obtained from the backtests. With other words, if the market evolves in the same way like in the past, the maximal exposure recorded by a position opened by this expert advisor should not exceed that level. This fact is not true if the market evolves differently or unprecedented. The stop loss level is set far away considering the double distance from the open price to the maximal exposure price. This strategy offers us the possibility to wait for a market recovery, or to use a recovery utility to cover the loss position when the exposure is overloaded. These recovery operation is not assured by the current expert advisor and must be implemented by the trader using different software, if he wants. Anyway, without an additional recovery procedure, if the market continues to drop off, the position will be automatically closed by the set stop loss. A Stop Trading utility can be used to set an additional protection for the capital account. In any case, A stable Risk and Capital Management Strategy is recommended!
Every weekend a machine-learning server searches for a better solution for the data-mining algorithms' parameter set. An update is made every Sunday before 20:00 GMT if a better configuration is found. Please note that a negative trade made in the past can not appear in the backtest after a data mining algorithm update. This is because the artificial intelligence algorithm learns from the new market movements and adapts the parameter set to avoid such negative trades in the future. Even so, the market can be changed in an unprecedented way, and strange price behaviour can generate negative transactions in the future. For this reason, keep everything safe by using a low-risk profile.
Pay attention, please!
Dow Jones Trader is an algorithm based on the price evolution from 01.01.2018 until today. We use it with the hypothesis that the market will behave today, tomorrow, and in the near future like in the past. A negative trade can appear if this hypothesis is false even if the backtest results are good for many years back. We all know that past performance does not guarantee future profit. There is no mathematical guarantee that the market will be stable enough tomorrow. The statistics of recent years do not exclude exceptions that may appear even tomorrow. That's why I don't offer live signals. I don't want to trick anyone. If, after opening a trade, the market behaviour is substantially changed, that trade will be closed with a loss equal to at least the risk level set by the user. Even more negative transactions, one after the other, can be recorded in this case. In exceptional circumstances of high volatility market price, the loss can be even higher than the risk set due to market gaps. For this reason, please pay attention to the risk level set when using this automated software. Do not risk more than you can afford to lose. Wait to set high-risk levels until you record a profit in your account to cover an eventual loss. Increase the risk level gradually according to a sustained and stable risk and capital strategy you must set for your long-term investment. These suggestions are valid for using any expert advisor from the market, regardless of how performant seems to be in the tests or in the past trading logs. In financial trading, even using automated trading bots, anything can happen. Keep it safe!
Note
This expert advisor does not guarantee a profit. The past performance does not guarantee future performance.
The risk level set by the user means he will lose that money if the market evolves differently or unprecedentedly.
Any user will run this expert advisor with his own technical resources, with his own data, and with his own risk level.
The expert advisor's author is not responsible for the results and can not be held responsible for any eventual losses.
An updated version of MetaTrader 5 (MT5) with available market data after 01.01.2018 is needed to run this software.
Dow Jones Trader is sold only under the https://mql5.com internet site; any other place offering this software is a scam.
