FTU Bach FinAstro
- Experts
-
James Erasmus
Trader, developer
With a focus on mt5 and extensive research in: Astro finance, broker comparison and technical strategies
Get in touch for more about astro trend bias, trade management and broker analysis - Version: 1.0
- Activations: 5
🎼 xtu-trade | Bach FinAstro
This EA is part of the FinAstro service: Receive weekly trend bias for most asset groups
Indices, Metals, Energies and Crypto then trade in the trend bias which we send, use your strategy or this algo/ea
I gather market sources who provide directional trading bias, after a review, I decide the best overall bias for the week for each asset group.
Sent weekly via email. Your role is to then trade manually or with an algorithm and manage trades/risk.
Trader >> Mindset >> Trend Bias >> Strategy >> Discipline >> Consistency
Main Concept
- Receive trend bias for various asset groups
- Trade your own style or use our algorithm
- Short term : weekly setup or
- Medium term swing trading
- Copy Trading for these systems coming soon
Use the EA/ Algorithm provided with this monthly rental
Use the trend bias along with this EA to eliminates over trading and losses by focusing on trend bias
What the algorithm does:
- Auto trading, simply select direction
- Manages the position through structured exit logic
- Avoids overtrading by setting to one trade and one direction
- No scale in, no martingale, one trade per direction/ per magic
Setup & Risk Control
EA is currently set to best settings after extensive testing. Forex pairs could use lower tp3 value such as 16. The EA will adjust tp lower after indication, to 40% of the initial so best not to set too low.
Stop loss is set to 11, this will affect trade size when using atr target manager. Such as 11x atr value = stop loss. Do not set this too low as trade size will increase dramatically, otherwise user could set risk per trade lower if intention is for tight stop loss.
🎹 Research
Change inputs, back test >> study how the EA performs... Find the settings and risk model which suits your goals. In real environment trading sometimes EA is near full tp level and price retraces some events like that manual closure by user will improve results. Some news events create losses in simulation, these losses can be avoided >> exit near major news events.
Compare and study interaction with other indicators for potential improvements, add trade events to assist with recovery or use similar products to assist with recovery. When loss occurs on product such as us100 then perhaps during recovery trade us30 is also in a profitable trade, then close us30 early to assist with recovery of partner product.
Trade safe, back test and let me know your thoughts and suggestions.
