Multi Strategist (MS) is a strategy scanner and fully automated multi-currency Expert Advisor. This Expert advisor offers a streamlined framework for strategy scanning. On top of that MS is capable to utilize those strategies for live trading in a trading friendly environment by:
- providing multiple layers of strict risk/drawdown management
- info panels providing detailed info about chart and terminal profits/losses
- tutorial/info material
Each strategy utilizes a combination of multiple indicators, candle patterns, and or price action approaches. This analysis is done simultaneously on up to four timeframes.
The strategies are developed using a built-in strategy scanner containing over five hundred unique trading approaches including e.g.:
- technical indicators
- price action
- pattern recognition
The new version (MS6) is completely re-programmed and features have expanded significantly since the previous version (2021). Striking improvements have been achieved in:
- Strategy scanning time by
- The ability to scan for (and save) a (technically limitless) number of strategies at the same time.
- Improving the overall program running speed.
- Compatibility with indices next to Forex pairs.
- Highly improved drawdown guard aiming in protecting against successive losses during wrongly predicted market movements.
The technical analysis implemented in the strategies utilizes are among others:
- Moving Averages
- Pivot Points
- Retracements
- Stochastic Oscillator
- Directional Movement Index (DMI) & Average Directional Index (ADX)
- Alligator
- Momentum
- Relative Strength Index (RSI)
- Moving Average Convergence/Divergence (MACD)
- Williams Percent Range (WPR)
- Candle patterns
- Price action trading
- Trend analysis
- Convergence/Divergence
Highlights
- For beginners and advanced users
- The strategy scanner harbors around 500 unique and combinable trading approaches
- The market changes over time, so change with it!
- A definable number of strategies trading in parallel per instrument
- Simultaneous analysis of multiple timeframes
- The new strategy scanner in MS6 allows strategy development in a short amount of time (cloud compatibility)
- Each strategy may have its own exit strategy
- The strategy scanner may be applied to Forex and CFDs (Indices)
- Multiple layers of strict risk and money management
- Volatility sensitive stop losses and take profits
- Trailing stops and trailing take profit support profit taking and loss limitation
- Partial Closing of positions
- Weekday filter/Optional automatic trade closing on Fridays
- Several info panels
- Possibility to choose between market and pending orders
- FTMO compatible daily drawdown management helping to prevent consecutive losses during unpredicted market movements
Recommended settings
- Account balance: >1000 USD ( or equivalent amount in your currency).
A lower balance is possible, but the risk per trade might exceed the setting. In this case it is recommended to use a cent-account (micro account).- A leverage of over 1:100 is desirable but always dependent on balance and strategy files used.
- Risk-managment for strategy scanning or adapting available strategy settings:
- < 2.5 % risk per trade.
- activated DD-Guard set to 5%.
- The DD-Guard is on top of the hierarchy. If it is activated it will overrule the max total risk setting. (Check manual for details).
