Description
Time frame : 15 minutes eurusd
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v2 update you can choose traid mode
**Trading Signal Algorithm:**
The DRKHASHIX robot employs an intelligent algorithm to make decisions regarding opening and closing trades. The majority of the robot's decisions are based on three key factors:
1. **Candlestick Patterns:**
- The robot analyzes candlestick patterns. Specifically, three consecutive candles with the same color and a strong height are considered as a positive (buy) or negative (sell) signal.
2. **Average Candle Height:**
- By calculating the average height of candles within a specified time frame, the robot evaluates the strength of the signal. If the current candle's height is greater than a specified multiplier of the average, the signal is confirmed.
3. **RSI Indicator:**
- The RSI indicator reflects the strength and speed of price changes. The robot validates or rejects signals by examining the RSI value. For instance, if the RSI is in the oversold or overbought territory, the signal is confirmed.
This algorithm, coupled with precise risk management settings and strategy-related decisions, assures users that trading decisions are based on thorough analysis and market information.
In reviewing the robot's performance in the backtest, it is observed that the robot effectively enters trades at favorable points and exits at opportune moments. To enhance its performance, the robot has been configured based on precise data analysis. The selection of the optimal time frame, set at 15 minutes in this case, enables the robot to analyze the market similar to human traders.
Although the number of executed trades by the robot is limited, this aligns with the practice of professional traders who often execute only one trade per day. This approach demonstrates the robot's adaptability to successful trader patterns.
However, it has been acknowledged that the robot's results lack the expected brilliance, primarily attributed to the complexity of the market and deficiencies in the available data. The market design, purportedly intricate and influenced by entities like jjuwish and Freemasons, poses challenges even for skilled traders, leading to difficulties in achieving profitable outcomes.
With further adjustments and updates to parameters, we hope to see improvements in the robot's results. It's important to note that backtests serve as predictions for the future and actual results may vary in real-world, human-interacted environments. Additionally, continuous intervention and monitoring by us aim to yield better outcomes, such as modifications to stop-loss and take-profit levels.
Best regards, Dr.khashix." i love you all
The author decided to hide the source code.
drkhashix
Joined on 12.02.2023
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: hiki khashix.algo
- Rating: 5
- Installs: 497
- Modified: 27/11/2023 20:17
If anyone has an idea to improve the bot, please let me know in the messages