Trade Angel

Original price was: $999.00.Current price is: $9.00.

Trade Angel Original price: $999 Content: Expert: Trade Angel MT4 V1.0.ex4, How to install MT4 files.pdf TradeAngel is a powerful & exciting trading Robot for the DE40 (aka DAX40 / GER40) Index. TradeAngel logic works on our own proprietary indicators called angel factor/period (you will see this in inputs).  Trade Angel Works in 3-time charts at same […]

Description

Trade Angel

Original price: $999

Content: Expert: Trade Angel MT4 V1.0.ex4, How to install MT4 files.pdf

TradeAngel is a powerful & exciting trading Robot for the DE40 (aka DAX40 / GER40) Index.

TradeAngel logic works on our own proprietary indicators called angel factor/period (you will see this in inputs).  Trade Angel Works in 3-time charts at same time: 15M, 30M and 1 hour.

Operates by monitoring the movement & volatility of the DAX40 during market hours only, once it detects a strong move it will latch onto the momentum and open a trade at the start of the next bar, (on the 15 min bar on 15 min chart, start of 30 min bar on 30M chart and same for 1 hour).

– Trade Angel uses hard stop loss and take profit of 40 – 50 points. (Indices use points, not pips)

– Opens trades from Dax open (9am Frankfurt) until 8pm Frankfurt time.

– Maximum of 3 trades at any one time (1 per chart), no high number of orders to monitor

– Dax40 is a very low-cost instrument to trade with most brokers quoting 0.5 – 1.0 spread with small/no commissions.

– No holding onto long-term losing trades

TradeAngel for MT4 is a fully automated,100% hands free trading system, expert advisor.

TradeAngel uses a recovery function on the NEXT trade that will increase the trade size x2 after loss for 5 levels max, however user has option to disable this feature by setting the input increase lot after loss = false.

You are not BOUND to use recovery function, we prefer to as it does what it says, it recovers the prior loss trade quicker, smoothing the equity curve.

Using a recovery factor after loss is very different to martingale. Do not get the 2 confused and this table compares the huge differences.

 

Control Function Typical Martingale TradeAngel Recovery Factor
Stop loss and Take Profit Open ended loss, never uses stop loss on trades Always use Stop Loss on EVERY trade
Levels Infinity, keeps adding on Top of trades until ruin or profit Limited to 5 Levels of increases
Lot increase step Gets exponentially high after 5 or 6 levels until ruin or margin call Stops increasing after 5 levels, easy to assess the “largest” lot
Equity Curve Spectacularly linear curve until it cliff edge drop. Clearly shows some loss days/weeks but will not cliff edge account
Number of Max Positions at Same Time Unlimited, impossible to say, has no control on max trades

1 Trade Per chart Max at one time.