The ATS10 2x account will stop receiving signals from ATS10 account and now trade directly from the ATS10 robot on three new currency pairs for a diversified basket of positions. This account will be rebranded as RedRhinoFX ATS10 Trio
AUDJPY, AUDUSD, AUDCHF. I'll remove eurusd since the ats10 still trade eurusd. I want more diversification and by trading other pairs I can accomplish that. Backtesting. I don't spend much time on backtests because my systems have me by its side. I've run my ATS10 on many pairs privately and it works good with some intervention.
not sure around diversification as all 3 pairs will have AUD and would be fairly highly correlated, I would assume, with both CHF and JPY being safe haven currencies also... will be interesting to follow. I would think keeping eurusd in would provide more diversification.
I agree with your words, but I was referring to my risk capital. This Trio is focused on AUD Risk On positioning with fundamental view. It will add diversification to my entire portfolio of ATS. By not trading EURUSD inside this account it will be non correlated to the original ats10.
Trio: It will be profitable on strong AUD days and enjoying swap interest on the down days. The threshold for pain will be around 30% loss if it were to happen. I plan to grow the account quickly and trade with twice the account size on the same lotsize (reduce risk later on by 50%). If spreads were better on NZD I may change 1 pair from AUD to NZD.
The ATS10 algo is smart and I'll be expanding into all the pairs that I can when my risk capital grows. We do experience drawdown and have stopouts occasionally, but that is expected in long term investing.
Hi @jamiefo The custom analysis was to hide the old system but not an attempt to hide a bad performance from public. The original system was me manual trading for 1-2 months testing an 'ALL IN' strategy. It was fun and tiring at the same time. I decided to put my automated trading system(ATS10) on the account instead and that is when the custom analysis started. I do apologize for the confusion and losing your trust.
You can see the difference in the two system when comparing the custom start datte
The baskets can be closing out shortly in London session so please ensure you are copying the TakeProfit price to prevent slippage. Send that Takeprofit to the broker and sit back relax, let RedRhinoFX charge forward.
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