Trading Robots for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
Botix - 1 is GBPUSD robot.
Strategy started to work in the end of 2022 when market conditions shifted.
works good with 1h time frame
I have created this robot, because I wanted to eliminate myself from manual trading, as I was the biggest problem. My emotions, FOMO and fear to enter another trade after loss. I think that lots of you know this feeling.
This system is created based on "ICT" concept "Liquidity sweeps". It looks for highs and lows and on breaking those enters opposite side.
I took a different route while creating this system. Focused strong to control drawdown and to be able to use it for prop firms. And it was a success.
1: It has drawdown control, which closes all open positions and stops trading for the day if it reaches -4% of starting balance of the day.
2: Entries are made possible only auto calculated lots: you can just say what % of balance you want to risk per trade. It is impossible to enter manual lot size, just an extra step for drawdown control. Also eliminated human error with lot size calculation.
3: You can control how many open positions you want to have at any given time .
This strategy works best with GBPUSD, but works with other pairs too.
Strategy can be used from scalping to swing trading.
Scalping works best in range bound time (night time).
Day trading/Swings works during London/NY sessions. Robot likes when markets are moving around. And the other thing is, that while there are news happening, it actually helps to the strategy, as if it has open positions and it has higher % of winning.
