Summary of Total Trades from Yesterday and Today During the Asian Session with Algo Ai
Читать полностью…We didn’t see much activity during the week, so we will be adjusting Our Input. We will now allow the AI to open more than one trade per currency pair. Additionally, we will increase the total number of open trades to six at a time.
Читать полностью…Pairs we will be trading with our system:
Currency Pairs:
- AUDUSD
- EURUSD
- GBPUSD
- USDCAD
- USDCHF
- USDJPY
AUD Pairs:
- AUDCAD
- AUDCHF
- AUDJPY
- AUDNZD
CAD Pairs:
- CADCHF
- CADJPY
CHF Pairs:
- CHFJPY
EUR Pairs:
- EURAUD
- EURCAD
- EURCHF
- EURGBP
- EURJPY
GBP Pairs:
- GBPNZD
NZD Pairs:
- NZDCAD
- NZDCHF
- NZDJPY
- NZDUSD
Commodities:
- XAUUSD
Indices:
- UK100
- US500
*You can add these pairs based on your broker's prefix and suffix.*
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"**Weekly Trade Summary with Algo AI**
Despite last week's 0.4% loss, we're now just 0.2% away from breaking even. Stay tuned for more updates!"
This week's trade summary shows a profit of $9,509.56. Compared to last week's losses, we are now at breakeven.
Читать полностью…We manage trading risks by setting a daily risk limit of 1% per day, configured within our AI system. This ensures that the AI doesn't exceed this threshold from all trading activities, including both closed trades and recent openings, based on our account balance and risk appetite.
For stop losses, we typically employ a range between 0.4% and 1.0% of the account balance, encompassing both current open trades and closed positions. Once these trades reach our predefined risk limit, the AI will automatically close all positions and cease trading for the day. This approach provides a buffer, allowing trades to continue even amid market volatility.
The AI is equipped with various take profit (TP) settings, ensuring that trades are only closed upon reaching the TP, unless a stop loss is triggered. Although our comfort zone for stop losses is up to 1%, we often adjust between 0.4% and 0.8% based on market activity. This flexibility helps maximize trade potential even in volatile conditions.
Weekly Trade Summary
Algo AI achieved profit of $76,219.16 this week.
Wishing you a great weekend!
Since November 30th, 2023, Algo AI has generated a profit of $0.98 million with a starting balance of $2.9 million.
We are close to reaching our $1 million profit target. Stay tuned for more updates!
www.algotdea.com
🚀 New Set File Released! 🚀
Hello Algo AI Users,
We're announcing that a new set file has been sent to all users. This set file will be used for the upcoming week and includes key strategic adjustments:
🔹 Multiple Trades per Pair: Now enabled, allowing the AI to open more than one trade per currency pair simultaneously.
🔹 Broker Compatibility: Adjust settings for brokers that don't support multiple trades per pair or require FIFO rules.
🔹 Time Frame: Attach the Algo AI to the 15-minute time frame for optimal performance.
If you have any questions or need assistance, reach out to us.
Happy Trading!
Team Algo
www.algotdea.com
🚀 Update Announcement 🚀
We have successfully completed sending the new update for our AI users.
Many Thanks,
Team Algo
www.algotdea.com
🚀 Algo Ai Update!
We're thrilled to announce that the new update of Algo AI has been finalized and will be released later today!
🌟 What's New:
1 Enhanced algorithm performance for faster and more accurate trading signals.
2 Improved market structure detection for better trend analysis.
3 Additional customization options for your trading strategies.
Stay tuned for more details as we roll out the update! Your trading experience is about to get even better with Algo AI. 📈✨
Here's the weekly trading summary: We're down by 0.4% this week, having triggered our 0.8% stop-loss today. Currently, there are no open trades. The system is now in analysis mode and will resume trading once it receives the next signal.
Читать полностью…Our stop loss strategy is crafted to minimize losses to a maximum of 1% of the account balance. Each position has its own TP and equity options to secure and bank profits independently.
By tailoring stop loss settings for each position—using thresholds of 0.4%, 0.8%, and 1.0%—our AI effectively safeguards the account balance during extreme market conditions and ensures steady gains.
Additionally, once the AI reaches its stop loss percentage, it enters a cooling-off period during which it refrains from opening any new positions. This interval allows the system to stabilize and assess market conditions before resuming trading activities. This strategic pause helps mitigate further risks and aligns with our conservative approach to managing trading volatility.
www.algotdea.com