Raging Bull FX EA’s and How to Trade Them 


It’s important to understand how the New RagingBullFX MT5 EA’s works to maximize the system's profitability. This will give you the confidence needed to achieve financial success and run all the EAs having an average of around 20 to 30 trades a month being executed. The combined systems will produce quite significant winning streaks, this must be capitalized upon using increased lot size management. This is new for the current generation of our EAs. This feature has been requested from our trading community, we have listened and as a result, our EAs are now even more successful.


Key points:

Trade Risk Management -  This new feature is the key to successful results long term. After you have purchased and installed the EA, of the selected currency pair, a setup window in Meta Trader 5 will appear asking you to select lot size for each risk level 1,2 & 3. When the EA has exploited the winning streak opportunity the system will automatically reduce risk back to risk size 1.

The First Risk level is the beginning lot size. We recommend a lot size of 1 micro lot per $1000 in your trade account.

The Second Risk Level is an increase in lot size because the EA has identified a window of opportunity to exploit the current winning streak. We recommend a lot size of 2 micro lots per $1000 in your trade account.

The Third Risk Level is an increase in lot size because the EA has identified a continued opportunity to exploit the current winning streak. We recommend a lot size of 4 micro lots per $1000 in your trade account.

Example - Trade account size of $1000 = 1 micro lot size, first risk level = 2 micro lot size, second risk level = 4 micro lot size, third risk level.

Example - Trade account size of $10,000 = 10 micro lot size, first risk level = 20 micro lot size, second risk level = 40 micro lot size, third risk level.

Risk Disclaimer: Trading the FX markets is high risk and involves the use of leverage. Each trader will have a different risk tolerance which can result in the loss of your investment by being overly aggressive. As you gain experience with how these EA's perform, over time you will determine your risk level tolerance. Past performance in the market is not indicative of future results. Any investment is at your own risk.


USD Cycle - The USD has a cycle like all markets, and is subject to capital flows in and out. After any significant long USD trend, the cycle will reverse and capital flows will come out of the USD. During this decline the Long USD EA pair will underperform and trade selection will slow and the opposite will happen where the Short USD pair will outperform and trade selection will increase. Eventually, the USD capital flows will reverse, and as they say “rinse & repeat”.

 

Swap Rate  - You will notice that each is currency pair is separated into a Long & Short EA. Long USD will receive a positive swap rate into your account and Short USD will receive a negative swap rate. The swap rate is the interest rate charged by your broker. The swap rate is calculated daily and costs triple one day a week. Effectively you are being paid to borrow money from the broker (Long USD and the opposite for Short USD)

Stop Size & Trade Kill Time - The trade stop will vary depending on the volatility period during trade entry. Stops are rarely hit and require an extreme short term move. The majority of losing trades will be exited by a predetermined time period, the EA monitors each trade and will close the losing trade. Depending on the EA pair, all losing trades will be exited varying between a maximum of 20 - 35 day period.


Indicators - The indicators used on our EA’s are custom designed and backtesting code is also custom designed. This is to ensure optimal performance and consistency of trade execution.


Oscillation - All currency pairs have an oscillation frequency therefore they do not trend (across all time frames), they oscillate back and forth. Each of Forex pair EA's has its own oscillation frequency and trade cycle.


Calibration -  Our automated EA’s identify the unique oscillating frequency of the individual currency pair long & short. All our EA’s are recalibrated and updated at the beginning of every year, to keep the trade oscillation with each pair accurate. Confidence and consistency with the EA’s allow us to identify the macro trend of the USD and create consistently high win ratios.


Major Currency Pairs - Our EA’s only trade the major currency pairs to maximize liquidity, minimize spread costs and reduce volatility risk.


VPS - We recommend using a VPS with FXChoice but you do not have to do that if you have an alternative setup.
      https://my.myfxchoice.com/registration/?refer=43220


Notifications - Setup and connect your Meta Trader 5 App to receive notifications from the EA to monitor trades. There is an option receive a daily trade update, this will help you monitor the VPS and identify any outage issues. All our EA's have a save file in case your software needs a restart, the system will remember and monitor any existing trades and where it is in the trade cycle.
All EA’s will expire after 2 years from released year, we recommend you keep all EA’s up to date with the latest version. All members will receive a discount for all future update purchases.

Disclaimer: Trading the FX markets is high risk and involves the use of leverage which can result in the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.