How the system works Traide Ringer EA:
Take 3 currency pairs combine them and rotate them like a wheel
Example AUD/JPY USD/JPY AUD/USD
As one is in drawdown, two are in profit
or 2 are in drawdown while one is in profit
Conservative setting- one ring
Medium setting- one ring higher lot size
Aggressive setting- two rings
Charts- 4hr and 1 day
Recommend run Sunday-Wednesday
Which currency pairs does the Traide Ringer trade?
These are the pairs that work in a synergistic way most of the time, which allows the Traide Ringer to profit on one pair while another pair is in a negative profit.
AUDUSD
AUDJPY
EURAUD
EURJPY
EURUSD
USDJPY
Drawdown is a natural occurrence with any trading and should not cause unnecessary alarm. At the same time, we want to be responsible and make educated decisions that help avoid drawdown at the wrong times.
Floating Drawdown Expectations:
.01 per 1,000$ (Recommended)
Floating Drawdown Expectation= 2-5%
Recommended Equity Protector= 20-25
.02 per 1000$ (Medium Risk) (Higher than Recommended)
Floating Drawdown Expectation= 3-8%
Recommended Equity Protector= 25-30
.03 per 1000$ (HIGH RISK) (Aggressive; not Recommended unless account size is $3,000)
Floating Drawdown Expectation= 6-15%
Recommended Equity Protector= 30
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