Symphony 8A
SYMPHONY 8a is an advanced speculation system developed by 8aSistemas that uses intelligent input/output and management algorithms with sophisticated filtering methods.
There is nothing special here, no Holy Grail testing, just a strict rules-based trading approach, which allows you to maximize returns while keeping risks under control.
RECOMMENDED Currency Pairs: EURCAD
IT CAN DEVELOP IN ANY CURRENCY PAIR AS LONG AS IT IS OPTIMIZED IN EACH PAIR.
SYMPHONY OPERATES WHEN THE MARKET IS IN A RANGE
IT IS VERY IMPORTANT TO OPTIMIZE THE HOURS FOR EACH BROKER. THIS VERSION IS OPTIMIZED ON DARWINES UK SERVERS.
Recommended term: M5
Requirements:
Hedging account!
EA requires good brokerage conditions: low margin and slippage during rollover time. I advise to use a really good ECN broker. Write me personally to advise you.
EA must be running on a VPS continuously
Environment
Allow opening a new trade: Scalper8a only opens one trade on each trading tab.
Lot size method: THE LOT SIZE CAN BE CHOOSE AS A FIXED LOT AND CAN USE A MARTINGALE WHICH THANKS TO SYMPHONY'S HIGH HIT PERCENTAGE CAN GENERATE EXCELLENT RETURNS.
Maximum Spread: The maximum spread you want to trade with.
Maximum slippage for a non-ECN account, in pips: 3
Strategy
SYMPHONY WILL DETECT THE MOMENTS OF MEDIUM MARKET VOLATILITY USING VOLATILITY TO DETERMINE A CHANNEL AND TRADE IN BUY OR SELL ACCORDING TO THE PRICE MOVEMENT WITHIN THE CHANNEL. THE WIDTH OF THE CHANNEL DEPENDS ON THE VOLATILITY OF THE MARKET.
IT HAS MULTIPLE FILTERS THAT ALLOW A BETTER MANAGEMENT OF THE OPERATIONS AND CONSEQUENTLY OF THE DD.
Only modify the set parameters if you are a professional in algorithmic trading.
