Athekros

Introduction to Athekros

The development team has a finance and risk management background and for this reason the EA exploits main financial theories in order to trade.

The trading system has been built with a primary goal: replicate the strategies of investment funds exploiting the accessibility of retail trading systems.

For this reason performance are designed for longer time horizons.

You do not need any knowledge, use default settings and no pre-optimization needed since optimization is not used. For this reason the product is “plug and play” and ready to use as soon as bought. Our team is continuously working in enhancing performance by updating the code periodically, all new suggestion and instructions will be indicated on our page.


Robustness

Our development team has been primary focused in testing the robustness of the trading system:

  • Extended back-testing period - 8 years
  • We only use REAL-TICK data to reach 99,90% modelling quality. Demo downloads and relative testing must be assessed on this data to be considered as reliable
  • Multi-symbol back-testing - USDJPY, EURUSD, EURJPY, GBPJPY, CADJPY
  • Monte Carlo Simulations - randomization of trade results for a total of 30 alternative paths of the system over 8 years
  • Trading Environment Sensibility - the system has been tested on 6 different ECN brokers
  • Low Commissions Sensibility - the system has been tested using variable spreads and real slippage, the average profit target is always at least 20 times greater than the average spread and slippage of most liquid forex symbols
  • Low Latency Sensibility - the system is a low frequency trading system which permits to use average VPS latency
  • NO OPTIMIZATION - Athekros was strictly developed by avoiding the optimization process in order to generate performance which are independent from built-in parameters (this feature directly bypasses the issue of curve-fitting)
  • Forward test provided - 6 months
  • 5 digit broker back-testing accuracy


Logic

The system is volatility driven exploiting conditional heteroscedasticity as a primary theory (similar logic of GARCH models). The system detects the alternation between low and high volatility clusters to trade high volatility rather than price direction. The volatility signal algorithm analyzes raw price information, this permits to apply the financial efficiency theory (randomness of predictions->50% and 50%). This logic permits to build a statistical method constructing a positive expected value of the “gaming structure” for each trade. Small single returns develop growth in time using the continuous compounding method.

The trading system has a low operativity but trades continuously (average trades per month=13).


General Recommendations

  • EA parameters Settings: use default settings
  • Symbol: USDJPY, EURUSD, EURJPY, GBPJPY, CADJPY. It is fundamental to diversify in order to trade correctly and so to use each suggested symbol. This has to be done by attaching the EA to every symbol chart using a unique magic number for each symbol
  • Time Frame: H4
  • Brokers: ECN
  • Spread: variable spread only (true ECN)
  • Leverage: >=1:50
  • Trading Condition: Self-adaptive
  • VPS: average latency required
  • Minimum Capital: 1000


Money Management and Risk Management

  • 1% of the account balance for each trade in order to not over-leverage the trading account.
  • We use a circuit breaker that automatically stops the EA from trading if the built-in algorithm recognizes a deviation from the theoretical a-systematicity of forecasting errors (efficiency theory). If circuit breaker is activated the EA will notify it in the Journal and recommendations are to wait for 2 weeks and then back-test to assess recovery.


Parameters

  • Percentage_Of_Account: partition of account to use
  • Individual_Trade_Allocation: individual trade max risk (% of account balance)
  • MagicNumber: Magic number of the EA
  • Send_Email: if set to true you are enabling e-mail push notifications to know when new trades are opened/closed or when circuit breaker is activated
  • Push_Notifications: if set to true you are enabling mobile push notifications to know when new trades are opened/closed or when circuit breaker is activated
  • Max Slippage: to change the acceptable slippage threshold in pips
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Gold Challenger EA,   a new EA based on BeiDou Trend EA, has been launched. It is suitable for high volatility products such as XAUUSD. Gold Challenger EA still uses the breakout method.   Breakout trading is a very old method. Since the 1900s, since Livermore, this method has been widely used. It has been more than 120 years. This method is always effective, especially for XAUUSD and Gold with high volatility.   I have been using the breakout method to make profits on XAUUSD in the early stage
Bitcoin Robot MT4
MQL TOOLS SL
4.64 (66)
The Bitcoin Robot  MT4 is engineered to execute Bitcoin trades with unparalleled   efficiency and precision . Developed by a team of experienced traders and developers, our   Bitcoin Robot   employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with   M5 timeframe , ensuring that you never miss out on lucrative opportunities.   No grid, no martingale, no hedging,   EA only open one position at the sa
Undefeated Triangle MT4
Nauris Zukas
4.6 (10)
Descrizione. Questo prodotto è stato creato come parte di un progetto " PULSE_OF_MARKET ". EA "Undefeated Triangle" è un sistema avanzato che sfrutta la fluttuazione unica tra valute AUD, CAD e NZD. Storicamente i risultati mostrano che queste coppie utilizzate nella composizione ritornano sempre indietro per prime dopo un rapido movimento in una direzione. Questa osservazione può consentire di includere un sistema griglia-martingala in grado di ottenere il massimo dei punti di queste situazion
Vortex Turbo EA MT4
Stanislav Tomilov
5 (9)
Vortex Turbo — “Scambia la tempesta, controlla il Vortice” Vortex Turbo rappresenta la prossima fase evolutiva del trading intelligente: uno sviluppo unico che unisce un'architettura di intelligenza artificiale all'avanguardia, una logica di mercato adattiva e un controllo preciso del rischio. Basato su comprovati principi algoritmici, integra molteplici strategie in un ecosistema unificato ad alta velocità, alimentato da un nuovo livello di intelligenza predittiva. Progettato come esperto di s
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Profalgo Limited
4.67 (3)
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Aurum AI mt4
Leonid Arkhipov
4.94 (32)
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AI Prop Firms MT4
MQL TOOLS SL
5 (4)
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The Infinity EA MT4
Abhimanyu Hans
3.68 (31)
Tecnologia basata sull'intelligenza artificiale con ChatGPT Turbo Infinity EA è un Expert Advisor di trading avanzato progettato per GBPUSD e XAUUSD. Si concentra su sicurezza, rendimenti costanti e redditività infinita. A differenza di molti altri EA, che si basano su strategie ad alto rischio come martingala o trading a griglia. Infinity EA impiega una strategia di scalping disciplinata e redditizia basata su reti neurali integrate su apprendimento automatico, tecnologia basata su intelligenz
FlipDamonHFT
Allistair Kabelo Mandow
Ask in private for more details after purchase FlipDemonHFT Flipdemon vX: The Next-Level Forex Trading Robot Flip your capital fast with Flipdemon vX — a powerful trading robot designed for rapid growth, sniper entries, and consistent profits. Built for serious traders who want results in days, not months.. Discounted   price .  The price will increase by $500 with every 10 purchases. ***Buy FLIPDEMON HFT MT4 and you could get TINGA TINGA or  FLIPDEMON HFT MT5 for free !*** Ask in privat
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