Sfx

 

As requested this thread will provide help and service to SFX subscribers and other forex traders.

SFX system is neither automatic nor manual. It is hybrid of human and technology. It is an 'IRON MAN'. I must have named it IRON MAN. I think once I will do its next version I will name it IRON MAN.

Please put forward any question in mind. And I try to respond as soon as humanly possible.

 

How long have you been trading this technology and how successful it has been for you in the market and how long will this technology sustain itself in changing markets?

Thanks.

 

Amsads

amsads:
How long have you been trading this technology and how successful it has been for you in the market and how long will this technology sustain itself in changing markets? Thanks.

Once I said manually its mean desecration is there so therefore I am by myself is integral part of this technology. However, I can teach it or other traders can use it by themselves.

I am not going to claim I have invented something which is without flow.

The only request I have to my fellow traders is to take good care of leverage much better then ever. Because of margin and leverage now big countries economies are collapsing and we are merely one individual soul.

Unless you make sure how much lot multiplier you need to put in @ RAS software til then don't trade. The best is 1% or in given situation we can go up to 5%. We should suggest RAS to have enough options to control it better.

I am by nature is position trader or swing trader. I trade intraday too and try to convert SFX signals to swing or position trades to get at-least couple of hundred pips within acceptable stop-loss ratio, however, in very rare situations my stop-loss go up-to 100-200 pips. My average stop-loss mostly range between 30-60 pips, and my average target profit is mostly around 200-300 pips therefore I close my trades partially unless any part of my trade gets there. In future my target is to convert those trades into runner to get 700-1000 pips. I did that in my trading life often.

Regarding history of this system. To be honest. It is very robust and out of the box system. It is been doing good in other markets for example different stocks and indexes and it has been doing good for last few years in forexs too. I will try to capture history too by other means instead of RAS website.

Its sustainability, this is not a black box system therefore it has to adjust based on market conditions. I can tell its sustainability in normal market condition is very good but if market is chaotic I need to intervene and adjust it.

Let me know if you have any more questions.

Regards,

SFX

 

Hi,

you've suggested MM for several amounts, e.g.

$2000: 0.05 lot

However, looking at your trade history, you are using variable lot sizes (from 0.01 to 0.5). I'm wondering how to setup RAS to follow you with variable sizes? Could you please post an example (RAS parameters)?

Thanks,

Miljenko

 

R/r

miljenko4:
Hi,

you've suggested MM for several amounts, e.g.

$2000: 0.05 lot

However, looking at your trade history, you are using variable lot sizes (from 0.01 to 0.5). I'm wondering how to setup RAS to follow you with variable sizes? Could you please post an example (RAS parameters)?

Thanks,

Miljenko

Is it possible in RAS to put % of max risk allowed. For example if I am willing to take 1% risk on each trade will RAS adjust lot size given that user have nano or micro a/c if balance is $2k.

For example if my RAS a/c is 5k and my max risk allowed is 10% will the receiver of SFX system should have .2 lot allowed if a/c is for 2k. How it can be done? should be applied with SFX signals.

In your example $2k a/c should have .01 lot and max .05 lot as SFX mostly generate at max 5 trades at a time if I take average. That's why I put that lot size. For example on chaotic market I some time use 10% risk and I don't want a receiver of SFX system to follow the same therefore its 2k account should not allow it and should only take trade at 5% max risk.

So, in short there has to be option in RAS which should not take trade once receiver of the signal put the max risk size as a whole and max risk size per trade.

I tried here to make it understood that what is the principal thinking behind my risk reward ratio. Decision is yours.

Let me know how you understand the above.

 

I understand what you want, but I'm new to RAS (and forex) so I'm not sure how to set it up. I far as I know there is no such "risk" parameter. There are parameters like "buyer_lots_multiplier" and "buyer_lots_max_per_trade" that may be suitable for setting this. Also, to calculate the risk, one should take into consideration SL values. I was hoping that someone who understands all this and has exeirience with RAS could create a table with account balances and recommended RAS parameter values for your signal.

 

SFX questions

Hi

I just subscribed to your signal - could you tell me-

1) Would it work OK with Alpari UK?

2) Does it use martingale? if so is there a max lot size?

3) I noticed it used to trade 0.01 minimum lots but now seems to be 0.02 minimum - is this due to increase in account size?

4) Are there any special RAS settings apart from the normal ones - should PartialClosing be set to true?

Thanks

Lee

 

Answers

leeb:
Hi

I just subscribed to your signal - could you tell me-

1) Would it work OK with Alpari UK?

2) Does it use martingale? if so is there a max lot size?

3) I noticed it used to trade 0.01 minimum lots but now seems to be 0.02 minimum - is this due to increase in account size?

4) Are there any special RAS settings apart from the normal ones - should PartialClosing be set to true?

Thanks

Lee

Answers:

1) Would it work OK with Alpari UK?

It should work. Should RAS make it happen. SFX is on FXDD.

2) Does it use martingale? if so is there a max lot size?

No martingale (I don't believe in casino business). My max will go upto .5 lot.

3) I noticed it used to trade 0.01 minimum lots but now seems to be 0.02 minimum - is this due to increase in account size?

Yes, but probability of success will also adjust lot size.

4) Are there any special RAS settings apart from the normal ones - should PartialClosing be set to true?

Partial closing is integral part of SFX system.

 

Great thanks for those useful replies - hope to be subscribing to the signal for a long time and profitable future success together.

 

R/R lot size

miljenko4:
I understand what you want, but I'm new to RAS (and forex) so I'm not sure how to set it up. I far as I know there is no such "risk" parameter. There are parameters like "buyer_lots_multiplier" and "buyer_lots_max_per_trade" that may be suitable for setting this. Also, to calculate the risk, one should take into consideration SL values. I was hoping that someone who understands all this and has exeirience with RAS could create a table with account balances and recommended RAS parameter values for your signal.

I feel your concern. But again do your due diligence. SL values has nothing to do with calculating risk, for example, If I want to take trade no more then 1% of my a/c not SL. SL can be part of determining target profit. In very complex scenario or money management I did saw people using SL for determining risk and I do it too sometimes. I am trying here to describe basics as simply as possible. In other words 'yes' you can use SL for managing risk.

I am jam pack right now and standing at road block in my other endeavors of my life. I will try to pursue and ask my assistant if it can be done, to make a grid which describe risk reward and lot size based on different account size... if she likes it, she will do it otherwise no promise .

If you don't understand anything then put most minimum lot size ever provided by your broker.

May the pip be with you.

 
leeb:
Great thanks for those useful replies - hope to be subscribing to the signal for a long time and profitable future success together.

Thanks leeb.

Reason: