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STROBOT has a number of different modes, these are all automatic and the artificial intelligence lets him decide which mode to choose.
This is a demonstration of multi trade mode, you can see he has the old trade on from a few days ago and gets a new signal so uses the profit from the old trade to cover the entry for the new, both with the same TP.
His other modes include hedging mode which happens when he senses a possible change in market direction. He applies this to 40 or so currency pairs at once.
Ok – I’ll start by saying that this s NOT ALL the things STRobot does to qualify a trade entry – he does use FIB levels as well.
First of all STRobot looks at the daily chart.
Then the 4 hour chart
Then lastly the 15 minute chart – see the red bars they are entry order places.
So basically no-one in their right mind would buy this pair – STRobot is looking for detailed entries based on the charts.
So STRobot v70.3/4 has been trading really really well. I have some test accounts Live ones that I leave alone and I’ve just put a $50USD one on, STRobot has traded it up to $118 in 24 hours using 0.02 lot size. Click Here to see the results!
So I thought I’d go through 3 trades STRobot has taken and you can see the artificial intelligence working.
STRobot detects a fast break in price, he then will place a trade straight away – ideal for news.
2. The HEDGE – STRobot had a long trade on but the market changed direction so he set up a hedge short to cover the losses of the long – one of these trades will stop out, the other will take profit covering the cost of the first trade, and ofcourse making a small profit.
2. The Slow move – STROBOT sees a potential break out of a range so places an entry order above the level it needs to break. Then as the market moves up he will let the trade happen. In this case the price has broken the level and we are waiting for the profits!
STRobot has a trailing stop system that tries to avoid getting close to soon, every fast move or slow move is followed by a pull back you will lose at trading if you let your stops run and close your profits early. You should calculate your targets and have a big trailing stop to trail up behind it, if you let it stop out in profit at your trailing stop level. STRobot’s trailing stop works more using fib levels and strength, so as the market gets closer to our target so does our trailing stop.
STRobot just took 3 NZD trades at once, one has already stopped out in profit. Looks like NZD did a sudden rally, the latest version of STROBOT (v70.3) can detect a sudden move in a pair and take a trade instantly, normally STRobot places entry order in advance of a break, but if there is a sudden move he is able to get into it very very quickly.
As you can see we are half way to target already, I expect a pull back first then a gradual run up to target.
Last nights boring trade just stopped out in profit.
So I’ll wait to see how these trades play out!
Ok So STRobot didn’t trade yesterday he was waiting for the right trade setups last night.
So we stopped out on a EURUSD short but TP’d a GBPNZD short leaving a 20 pip profit out of the two trades. Currently he has AUDJPY sell, AUDCHF sell, EURAUD long and EURNZD short on.
Let’s take a look at a couple of these. Something I’ve noticed over the years is that if you get a large PIN on a candle normally the market is telling us it’s thinking about going up there.
Let’s have a look at two trades we are in at the moment.
EURAUD long – see that big pin candle.. If you look back what NORMALLY happens is that at some point the market will fill that candle.
Here’s the next one.
This trade is already safe (STRobot has moved the stop inside entry) so we are looking for nice profits, I expect to see a closed 150 pip basket today or even 200 pips.