STS US100 bot is another tool, EA, developed by our team as a part of our index trading algorithms. It follows the same concept as our other experts in this series.
STS US100 bot is an EA that our team of long-time traders has created to trade the NQ100 index. This bot is something completely different in concept. This is not just a simple strategy, but a complex of algorithms and strategies that work independently of each other. In fact, this bot is a Portfolio of strategies whose result - profit/loss is not correlated with each other! This makes it possible to accumulate profit from all strategies in the bot and minimize the overall drawdown, achieving high levels of Ret/DD Ratio and a smoother Equity curve.
Each of the strategies in the expert has passed robustness tests such as SPP, WFM, MC! This gives confidence and peace of mind to operate with the expert in the long term, knowing what we can expect with proper capitalization.
We know that the Edge of most indices is to go long in mean reversion style and this is what we use here as a basis.
The EA works on the Daily chart, orders are placed only at the opening of the daily bar! Each order has a stop loss! Depending on the market situation, the algorithms use a trailing stop, as well as move the stop to break even. The algorithms use all types of orders - stop, limit and market.
No scale, no martingale, only fixed lot size!
The EA can produce several orders during the days, if there are signals for this.
Our experts, STS US500, STS US100, STS US30 trade only the long side and produce only buy orders! They work on any broker, but better results are achieved on brokers with small commissions, swap rates and narrow spreads. You can expect better results with ICMARKETS.
No scale, no martingale, only fixed lot size!
The EA can produce several orders during the days, if there are signals for this.
Our experts, STS US500, STS US100, STS US30 trade only the long side and produce only buy orders! They work on any broker, but better results are achieved on brokers with small commissions, swap rates and narrow spreads. You can expect better results with ICMARKETS.
The EA is easy to install! No need to install any set files. You just need to define the size of your positions (the fixed lot size), depending on your account's size! To understand how our experts work, we recommend starting with a minimum position size at first!
It is not mandatory to use VPS, as experts place orders only at the opening of the daily candle and modify them. The speed of order execution is not important in the long term, because the EA trades on a daily chart! You can also use your home computer, but it must be turned on when the candle opens!!!
