PriceTracker EA

Very important! When testing PriceTracker, you see the results for only one instrument and the current drawdown only for the tested instrument. That is, in the tester you will not see the main algorithm underlying the PriceTracker system – this is the equilibrium / diversification phase, the so-called compensation / containment of the floating drawdown of one or several instruments due to growth and profit taking on others. This is achieved by using simultaneously 15 different currency pairs with different trading logics.

Trade is independent, each currency pair is not related to any other and monitors the movement and all trade only in its own currency. This leads to the answer to the most common question: ( I look at your signal and see that there is a constant floating drawdown, why? ) – Everything is very simple and obvious: trading is carried out simultaneously for 15 currency pairs and PriceTracker is almost always in the active phase for different instruments and therefore a floating drawdown is always present and this is normal! That is, if deals are closed for some pairs, then there are always currencies for which there are open deals – and this is displayed as a floating drawdown. The PriceTracker algorithm is built in such a way that account diversification is achieved through the use of different logics and different strategies for all 15 currency pairs, where the equilibrium / diversification phase is also taken into account – this is when a floating drawdown is fully compensated by growth from other currencies and vice versa. That is, at the time of the drawdown, the account is constantly growing.

PriceTracker does not use indicators and can work with absolutely any financial instrument. We all know – that the classics of any trade are the Support and Resistance lines, after breaking through or rebounding from which financial instruments begin to move intensively, and most trading systems are built on this. There is no difficulty in PriceTracker, you just choose the boundaries, within which the advisor determines the Support and Resistance lines and, depending on the chosen Logic, interacts with this data and determines the necessary points to enter the market. Parameters responsible for the boundaries for the calculation: