Caesar Armor EURUSD GBPUSD (stopped) (By forex_trader_165856)

The user has deleted this system.

Caesar Armor EURUSD GBPUSD (stopped) Discussion

Feb 04, 2015 at 18:42
1,145 Views
21 Replies
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 05, 2015 at 19:27
I will try to test on 6 pairs but the main problem is that the brokers limit the max open trades to 100. USDCAD reached 100 trades after I closed down the other pairs to allow it to continue to trade.
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 11, 2015 at 03:19



Features
set a BreakEven(TakeProfit) Level if too many trades open
adjust breakeven to small loss(inverse of daily goal) if too many trades are open
start hedging – enabled by placing a limit/stop/market order or by another trading system
Member Since Nov 06, 2014   114 posts
Feb 11, 2015 at 06:56 (edited Feb 11, 2015 at 07:04)
Is there a demo? Also on the sales page it talks about 2 EA's do I have to use 2 to get the good results on your Myfxbook page? Also If i purchase 1 license 1 account can I use it on 1 demo and 1 real account? Also how do I get the same settings is what you have?

Also will your EA work if you set to open 1 trade at a time?
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 12, 2015 at 00:18
Yes , I can offer the 1 license to trade both Real and Demo but you will need to send me the account numbers for both real and demo at the time of purchase these numbers can't be changed in the future. Find a demo account broker that does not expire.

The Free EA does a great job, it follows the trend and you can adjust the Moving average and the timeframe to fit your view of the market.

The Caesar Armor EA waits for the signals from the Free EA, but you can also use manual trading with stop/limit orders, or use any other trading system including my RevEnginePro and Vortex Scalper PRO to initiate the first trade.

Caesar Armor was designed as a trading tool, but it is set and forget. You don't need to make any changes once you set it up once. It is a gridding tool that averages your losing positions and build a basket until enough orders are entered to make a profit.
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 12, 2015 at 00:20
Marketorder posted:
Also will your EA work if you set to open 1 trade at a time?
The free EA does just that, It will only enter 1 order based on the Time of the chart and the location of price in respect to a moving average of your choice. Caesars Armor does the rest.
Member Since Nov 06, 2014   114 posts
Feb 12, 2015 at 07:33
So I need two EA's to make Caesars Armor to work? Is Caesars Armor an EA something that can run by itself?
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 12, 2015 at 11:07
Yes needs two systems.
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 12, 2015 at 11:41
I am using the Free MA EA on Daily TF only
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 14, 2015 at 07:00



Trend Following with EURUSD
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 17, 2015 at 17:40
Marketorder posted:
So I need two EA's to make Caesars Armor to work? Is Caesars Armor an EA something that can run by itself?

Now the system is fully automated here - https://www.myfxbook.com/members/RedRhinoLab/caesar-signal-forex-ea/1159858
And you can learn more here - https://redrhinofx.com/caesar-signal/

This account is still using the MA_RRFX and Caesar's Armor trading EURUSD and GBPUSD with MoneyManagement = True
RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 19, 2015 at 20:11
GBPUSD Basket gaathered 20+ trades then reached Equity Gain.



RedRhino
forex_trader_149646
Member Since Sep 09, 2013   471 posts
Feb 24, 2015 at 12:52
Yes you can use with manual trading. This is how,

When you trade manually, you don't use a magic number, so when you attach Caesar Armor you enter '0' for the magic number, Now Caesar Armor will manage all orders with that Currency.

CAEA will use a dynamic Takeprofit depending on current volatility. You can set a minimum, and if the volatility is greater than the minimum, the TP will increase to get more pips.

Profitable Algorithm:
CAEA will calculate a profitable basket by lots, commission, swap, to find a perfect breakeven level for all your trades and Add the minimum takeprofit to this Breakeven level . Like BE + 10 pips.

OR

You can set a daily goal in percentage. Then CAEA will close all trades once your Equity > Balance by a percentage.

And yes, everything is fully adjustable.



Also you can close any trade manually or open more orders as needed. The profitable algorithm will manage any order and readjust the takeprofit levels automatically.
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Feb 26, 2015 at 03:46
The Equity gain has been lowered to 0.5% daily goal since this account is now trading Two pairs.
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Mar 03, 2015 at 15:36
RedRhinoLab posted:
The Equity gain has been lowered to 0.5% daily goal since this account is now trading Two pairs.

Reached target relatively easy without building baskets of trades. Trading 2 pairs with these setting looks very promising.
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Mar 12, 2015 at 08:04
313.20 (+274.7) Pips today , Following the Trend, USD strength!! Enjoy the profits in these great opportunities
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Mar 19, 2015 at 16:28
These setting are producing less drawdown than running 1 pair per account. 2 Pair with 0.5% DG.

This system will needs a live account shortly.

Get it here - https://redrhinofx.com/caesars-armor/
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Mar 20, 2015 at 07:14
RedRhinoLab posted:
The Equity gain has been lowered to 0.5% daily goal since this account is now trading Two pairs.


Goal reached today, .

Side Note - MovingAverage_RRFX initiates at 0.1 lot, while Caesar Armor using MoneyManagement Module based on Account Equity.
Member Since Dec 29, 2014   3 posts
Mar 22, 2015 at 09:06
This looks interesting.
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Mar 23, 2015 at 09:01
Thank you, it is Core Grid Element with Daily Trending direction and equity protection.
RedRhinoLab
forex_trader_165856
Member Since Dec 03, 2013   631 posts
Mar 27, 2015 at 14:31
Biggest gain ever today from both pairs.
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