Fluid is an ALL-IN-ONE Metatrader trend trading expert advisor that can trade with the trend, hedge, martingale, trail the price and recover the losses of a losing trade; the Auto Recovery hedging algorithm powers its loss recovery capabilities. RobotFX Fluid is a MetaTrader expert advisor can determine the trend, opening/closing trades only within a defined price movement (at precise entry/exit levels), manage winning trades as well as recovering the losses by hedging a zone recovery or hedge with the trend.
The trading strategy behind the RobotFX Fluid expert advisor is not only to spot the trend and trading signals and open trades at the exact right moment, but also to help the traders with their money and trade management. This is where the 95% of the traders fail in forex. They have been indoctrinated with the necessity of using a stoploss and precise take profit targets, risk/reward ratios etc.
Ask yourself this: If 95% of the forex traders are losing money, do I really want to follow the same rules they all do?!
That question should be the first thing to cross your mind when following trader Joe’s advice, strategy, or even when you buy an automated trading software such as this. It is well known that only a small percentage of the traders are successful and make money in this branch. That is not only because most of them give up trading (after consecutive losses), but also because the remaining ones keep changing their trading plans following this and that strategy, buying this and that MetaTrader expert advisor or “successful trading strategy” and paying huge money to attend forex trading webinars. Needless to say that most of these people selling their strategies/EAs and many of the online trading gurus have no idea what trading is and how to make it profitable. Most of these “teachers” keep repeating what they learnt from other “gurus”, more or less experienced than they are. There is a lot of wisdom in the words “those who can’t, teach”.
You’re most probably one of the 95% losing in forex, otherwise you’ll be trading right now, not reading this. If so, I have a trading advice for you. It is as simple as effective and it will help you succeed in trading forex. Instead of trying to win money in forex, try not to lose. That’s it. Sooner or later, you will find a making money strategy that works for you. Sooner or later, if you are dedicated to this job, you will learn when to enter a trade and when to exit. But trust me when I say that that if you don’t know how to manage a losing trade, you will never be successful. You can follow the trend, make money for as long as it goes, and lose them all when the trend reverses and the price goes to the opposite direction. Many “successful traders” are still at this point and can’t advance because they don’t know how to turn a losing trade into a winning trade. This is where the Fluid EA comes in to help. With its advanced hedging technique, it can hedge a recovery zone (defined by the trader) or even hedge with the trend, by buying and selling when/if the trend changes.
In the first trading chart, there is a clear downtrend. The Fluid expert advisor – which can also detect the trend – opens a series of short positions and closes them in profit, when the price reverses. This is an expert advisor that was designed to trade/follow the trend. It can be used for other purposes, but keep in mind that it’s main feature is following and trading with the trend, as well as managing losing trades.
Downtrend – to increase the chance of success, trend traders open short positions at lower-high levels, when the price starts to fall again. It is the opposite for uptrend, when they would buy in dips, also known as higher-lows.
The expert advisor uses a non-lag moving average indicator to detect the small trend changes (ie the swings) and to open or (if instructed to) close trades. A sell trade is opened when the MA indicator changes its color from white into black, until the end of the trend. The ingenuity of this tool is the fact that, instead of using a regular stop-loss (although this can be set if the trader wants to), the EA will place an opposite pending order with a slightly higher lot size. So when the price goes against the last short trade for the downtrend and hits the opposite long trade continuing to go up, the sum between the losing amount from the sell trade and (now) the winning buy trade eventually becomes positive. You can also set the expert advisor to close this basket of trades as soon as their sum reaches breakeven (0$). This is called hedging.
By allowing the expert advisor to hedge a recovery zone or hedge with the price movement, the trader can transform every losing trade into a winning basket of trades. However, the Fluid EA can also place classic stop-loss, take-profit or trailing stop.
Now look again at the picture and see how the expert advisor detected the trend change and, after closing the hedging basket at break even, opened the next trade at the right non-lag MA signal. And since now we have an uptrend, the EA is looking only to buy, ignoring the sell signals. In the other trading charts below you can see that this expert advisor can also be attached and trade on renko charts, and that it will trade and hedge on renko the same as on normal candlesticks.
To trade with the trend on renko charts you need a renko expert advisor to generate the renko blocks. RobotFX Renko EA can create renko charts.
The EA uses these 3 moving averages to determine the trend as it follows:
You may want to disable the Trend Detector if you trade consolidation areas and you want to sell when the price reaches the higher level or to buy when the price reaches the lower level of a CZ. At this levels usually the moving averages don’t align, so if the TrendDetector is set to true the EA will not open any trades and you’ll miss the entries. However, we recommend to trade with the trend because trading range areas can be very challenging.
|Fluid EA EA Rating
|Yield per annum
|Max drawdown per annum
|not less than 1000 units per 0.1 of a standard lot
|trail, break-even, martingale
|FxPro, FXTM, OctaFX
|Trading tool/currency pairs
|EURUSD, GBPUSD, EURGBP or AUDUSD, EURCHF, USDCHF
|Automatic account type
|Max risk limitation
|Several one-way series
|Auto start lot
|Fixed stop loss
|Automatic lapse expansions
|Tickeron AI robot
|Auto Recovery EA
|1000pip Climber System
|Happy Breakout EA
An annual roundup reviewing the most successful Forex Expert Advisors (EAs) based on their performance, strategies employed, reliability, and user feedback. This piece would provide insights into which EAs have been market leaders and why.
The concept of automated trading has been around for decades, but the accessibility and sophistication of Forex EAs have seen significant advancements in the past few years. Initially, automated trading systems were rudimentary, focusing on simple indicators like moving averages.
By enabling continuous, algorithm-based trading, EAs contribute to the efficiency of the Forex market. They can instantly react to market movements and news events, providing liquidity and stabilizing currency prices through their high-volume trading activities.
© 2006-2024 Forex-Ratings.com
The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.