Plutus - A Multi-Strategy Forex Trading Robot

About Plutus EA

Plutus is a full-automated trading robot, including elements from the algo and quant-trading fields. 
The algo-trading part includes multiple trading-strategies developed by Trading Robotics GmbH. Most of them use combinations of some of the most popular indicators, like Bollinger Bands, RSI, ATR, MA, EMA. Some others use unique indicators developed by us. 
In the quant-trading part of the EA, it makes a statistical analysis of the market. Here, the power of Math is used to be decided, if it is time to take a trade or not.

The Philosophy

Let’s break down the five key points that contribute to the philosophy of the ΕΑ:

1) Multi-Strategy Architecture

The robot includes multiple trading strategies in order to be more accurate and profitable. These strategies and their results are constantly improving and optimised and the newer versions of the EA will adjust to the updated data.

2) Smart Hedging System

It opens multiple low risk and well targeted trades during the day, keeping them open for some minutes, hours or even days depending on the strategy that is triggered on some identified timeframe on a particular symbol. This has as a result to achieve a smart hedging among the trades occurring during a period from a statistical perspective.

3) Artificial Intelligence

Here, Trading Robotics has developed an artificial intelligence model, that detects any changes at the market conditions and adjusts its strategy entry points at the updated conditions.

4) Security Activation on High Spread Occasions

Before opening a trade, the robot checks if the spread at that moment, is not much higher than the average day spread size. If it does (for example if important news came up with a spread increasement) it passes and waits for the next opportunity.

5) Dynamic Risk Management

The risk of each trade is decided depending on 2 factors. The first is the strategy that has been triggered.
For example “Strategy A” sets “X” position size, and “Strategy B” sets “Y” as position size, and that’s because each strategy has a different SL/TP points difference.
The second is the current balance. As bigger the balance becomes, the position size increases its value.

• MetaTrader4: https://www.mql5.com/en/market/product/46949
• MetaTrader5: https://www.mql5.com/en/market/product/46877

Some Tips

• Try to keep Plutus running without re-initialising it very often (for example stoping it on Fridays and starting it again on Mondays), so that it can be accurate on calculations and reading the market properly. If you find it hard for keeping your PC open for long periods of time, a good solution is to run the robot , on a VM (Virtual Machine).
• In order to get the full power of the EA, you should run it, at all the above Forex Symbols at the same time. The system has designed to open multiple orders in different ticker symbols with a smart "hedging" approach.