Forex Robovore
The very top left of the chart has the account and purchase authorisation detailed and whether the currency pair has been optimized.
It also calculates what the account type you have is (standard or mini) and what lotsizes are supported by the account (from standard lots down to micro lots or less)
The next section of information outlines the last back-test run by the optimisation servers, and statistics about what the back-test delivered. Note the predicted Velocity of the back-test.
This is used to calculate forward Trading accuracy Used in section 4 below
If there are Trades open for this currency Pair, this will be detailed here. The number of Trades, whether they are Buy or Sell trades.
The money management is also detailed here, and the % risked each Trade, as well as the lotsize being used for each Trade is also detailed here.
This is probably the most important data on chart provided by Robovore. It details the actual forward Trading statistics as trades for the currency pair close. It calculates the velocity of the system as it forward Trades, and then compars this with the back-test to give the Forward Trading Accuracy (FTA)
This along with Broker slippage detailed in the next section allow the system, and the Trader to know exactly what is going on !!
I programmed Robovore with the ability to write every trade entry, modification and exit into a Trade file (a text file held locally on the PC running Robovore) What I found (along with my beta testers) was that not all MT4 brokers were the same ...
Entry Biased Towards 'Swing' Trading
Consisting of two Modified Oscillators, with standard deviation Price Action based Real-time entry trigger.
Unique 'Per Trade' Initial Stop Placement
Based on recent Donchian Price activity (plus an Average true Range based noise buffer). Compensates for volatility.
Tags: forex robovore, finance. foreign trading, currency, trade, business, money, investment, marketing, currency market
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