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DogeBotX

249 USD

Demo downloaded: 24

Published: 21 September 2023

Current version: 1.33

DogeBotX

Experts
Uriel Alfredo Evia Canche
Uriel Alfredo Evia Canche
Mexico

7057
4.8 (39)
4 products 1 signal 7 topics 18 comments
Version: 1.33
Activations: 5

DogeBot operates under various market conditions, complemented by its Martingale-based money management system. The EA employs a unique compound interest formula inspired by Ryan Jones' Position Sizing strategy, featuring an optimized Delta parameter based on the symbol and timeframe in use. While the EA performs admirably even without this incredible function, enabling Compounding unlocks its magic for exponential results, contributing to its impressive statistics.

**DogeBot is ideal for long-term and patient investors.**

It's noteworthy that the EA excels in several currency pairs but can truly thrive with a good Drawdown in the following: USDJPY on H1, M30, and M15, as well as EURJPY on H1 and (NEW) M15. A very low correlation between the trades of these pairs ensures a moderate level of risk.

**PORTFOLIO:** To maintain this moderate risk level, the recommended risk management strategy and time filter are as follows:

***NOVEMBER 2023 UPDATE: NEW SET ADDED TO THE PORTFOLIO:***

- ***EURJPY M15: Compounding True, Delta 800. Time filter (2) 1st: 22:00-14:00 and 2nd: 17:00-22:00 (GMT). Days Filter ON: Monday-Tuesday-Wednesday ON.***

- EURJPY H1: Compounding True, Delta 500. Time filter from 05:00-20:00 (GMT).

- USDJPY H1: Compounding True, Delta 500. Days Filter: ON: Monday-Wednesday-Thursday ON.

- USDJPY H30: Compounding True, Delta 500. Days Filter: ON: Monday-Wednesday-Thursday ON.

- USDJPY M15: Compounding True, Delta 800. Days Filter: ON: Monday-Wednesday-Thursday ON.

***The EA is programmed on GMT Time, so no need to worry about adapting the time zone; simply use the suggested settings for optimal performance.***

With these settings, the robot will perform well, anticipating a maximum Drawdown of 25%-30% and an average maximum of 11% (historically since 2008). The average monthly trades are 16 (NOVEMBER 2023 UPDATE).

***NEW UPDATES are COMING.***

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"Elder Ray" or "Ray" indicator is based on the Dr. Alexander Elder's oscillators: Bulls & Bears Power. Both of them works with an EMA. This indicator is used by traders to identify divergence, market directions and more... Dr. Elder's method generally uses a 13-day EMA Period but this can be modified based on your personal demand. The calculations are: Bulls Power= high candle - EMA close Bears Poder= low candle - EMA close Lime line represents Bulls Power and OrangeRed line, shows Bears Power

This indicator is based on Bulls and Bears oscillators, both exposed on Dr. Alexander Elder's book: "Come into my trading room". "Elder Ray" was made with the purpose of identify bulls and bears pressure in the markets. The indicator is basically the union of this two mentioned oscillators but on an efficient way to facilite getting price patterns, divergences, etc. Default parameter is EMA 13.

"Terminator Trades " EA robot, built on the powerful MQ5 code, is designed to simplify the process of closing your positions and pending orders. You can adjust if you want close all the trades or by specific symbols. With just a single click on a button, you can efficiently manage your current positions, ensuring that you never miss an opportunity to terminate a trade. Close Trades , Delete Pending Orders with Terminator Trades.

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DogeBotX

Uriel Alfredo Evia Canche