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See the 7-Edge Robot multiple entry function add 16000 pips to an account in 9 days

In Trading, a Trader needs an edge over the market that is being traded. This Edge (Advantage) allows the trader to make profits and gains over a long period of time. Without an Edge you may as well not trade at all. Sometimes the edge can be something small like the small statistical edge casinos have over their clients.

 

These small Edges can create big fortunes as seen by the wealth casinos generate.

 

The 7-Edge Trading Robot uses 7 of the best edges known in trading. Let's look at these in a little more detail

The power of offset Moving Averages has been known to traders for decades. By offsetting a sensitive Moving Average, you create meaningful barriers between buy zone and sell zones which also reduce whipsaws

By using the Moving Average without the offset, together with the Moving Average with the offset, it provides very clear Buy and sell signals. No subjectivity is required. 100% clear signals. Note that the trading decisions are only made when the candle closes. Not when it is still trading during the start and the end of a candle.

One of the most difficult part of trading is deciding when to exit deals (When a trend is over). Using the 2 moving averages it is crystal clear when the trend is over. That is shown by the moving average crossover.

By setting sell signals to work off Moving averages of the high prices and buy signals to work off Moving Averages based on low prices, you automatically add the advantage of entering deals early and exiting them late.

The 7-Edge multiplier works like this: For every candle closed in a particular trend, a new transaction is opened. This results in multiple potentially profitable transactions open in the direction of the trend at the same time

When trends change, many trades may be open facing the wrong way. Over time these will be offset against new trades facing the correct way.

Because the EA works on so many currencies, indices and other trading instruments, it is possible to create a portfolio of risk-controlled trading instruments

Please watch this video

for details about the

7 edges

used when trading the

7-edge trading robot

RESULTS

Please bear in mind that this trading method has only been automated and finalised during the 2 weeks prior to the launch. This means that our best guide to the EAs profitability, is back tested results that provide us with guidelines as to the EAs past profitability and potential.  These results are based on historical market conditions that are very unlikely to repeat themselves in the future.

Below are optimised settings downloadable by owners of the 7-Edge Trading Robot from the EAFactory Website.

Below are to variations of the results:

  1. Single trend entry (only 1 trade per Moving Average Crossover)
  2. Multiple entries on every candle as the trend continues after a MA Crossover

See the Robot input settings below

These have been done using $10 000 account based on 0.1 lot fixed sizing and up to 5% of Equity variable lot sizing.

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Please note that the % of Equity produces high returns but the risks are EXTREMELY HIGH. This approach is not recommended when initially you start trading this Robot at all and requires experience to time the start of trading

Likewise the lower timeframes (15 Min) produce better results but are extremely risky. A guide would be to start trading the higher time frames first (4 Hour)

 

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SINGLE ENTRY

MULTIPLE ENTRY

The settings that have produced these results (and 60 other settings) are available on the EAFactory website

SETTINGS

Drop Down menu details

SETTINGS ARE YOUR WAY OF TELLING THE FOREX ROBOT WHAT YOU WANT IT TO DO.

  1. The 7-edge uses 2 Moving Averages to trade continuously and enter deals when they cross. These settings apply to those 2 MAs. The one MA uses the period setting on its own and the other MA uses the period setting and the offset setting. The 7-edge automatically creates 2 sets of MAs - one using moving average crosses to create sell entries based on the candle highs and the other creates buy entries based on the candle lows.
  2. When the trend changes these settings allow you to either close all trades facing the wrong way or not - (See the dropdown menu below)
  3. Trend following method allows you to only have one position open in the direction of the trend for every MA crossover or,  for the EA to open trades on every new candle as the trend continues (See the dropdown)
  4. All our EAs include a reverse of direction option for traders who believe they would do better if the direction of trade is reversed (see the dropdown)
  5. The Maximum spread setting avoids trades being entered when spreads are abnormal
  6. You can simply putting a limit on how many open trades you want to allow.
  7. When you put a limit of open trades you can tell the EA what must happen when the max open trades limit is reached and a new trade is identified (See the dropdown)
  8. Your Position sizing / lot sizing can be based on a fixed size or a percentage of your account / equity/ free margin  (See the dropdown)
  9. You can override the natural opening and closing transaction when the MAs cross, by stipulating stops and target for transactions.
  10. You can avoid profitable transactions from going negative by using a breakeven stop.
  11. You lock-in profits by trailing profitable transactions with a trailing stop.
  12. You can limit the entry of new trades to certain times of the day and to certain days of the week.
  13. Always try to use unique magic numbers when using variations of the Trading Robot

Please note that optimised settings are supplied for 10 Currencies, 6 Indices, Silver and Gold for 3 timeframes to owners, available on the EAFactory website for MT4 and MT5 versions on the 7-Edge Robot.

Below is an extract of the information available to owners on the EAFactory website showing the downloadable set files

SUPPORT

All our EAs come with

WORLD CLASS support !!

Besides a comprehensive user manual, on your left is an example of the knowledge base that comes with every EA supplied. It covers every topic that you need to know to make a success of your EA trading and covers all EA problem solving approaches. It is easily accessible by clicking on the Help icon when the EA is loaded.

Support also includes highly professional email support from EAFactory on any technical problems and a forum to discuss EA trading challenges

New to Forex robot trading ?

If you are new to Forex trading and Forex Robot trading then please make use of these FREE resources.

The best beginner course in the Forex industry:  FOREX UNIVERSITY

A 6 module downloadable PDF course covering how to find ENTRIES, TURNING POINTS, EXITS, TIMES TO TRADE, MANAGE MONEY and WHERE TO PLACE STOPS  : Simple-N-Easy Forex Series 

These will give you the very best start to trading the Forex market

For information about trading Forex robots please watch the videos below.

TIP: Click on the YouTube logo when watching the video to expand the video to a bigger size.

Tips on getting the best out of the 7-Edge Trading Robot

  1. Do not trade on a live account until you have experienced positive results on a demo account over a 2 to 4-week period (Don’t be in a hurry).
  2. Use position sizing of 0.01 for every currency for every $1 000 in your demo account.
  3. Test as many currencies and timeframes as your computer resources allow.
  4. Know the function of each setting as described in the user manual.
  5. Study this marketing page and watch all the videos provided.
  6. Learn how to download testing set files (Video on this page).
  7. Learn how to calibrate and optimise the EA for your broker account (Video on this page)
  8. Make sure you know the basics of Forex trading by doing the free courses on this page
  9. Do not trade on a live account until you have experienced positive results on a demo account over a 2 to 4-week period (Don’t be in a hurry).

USE AS LITTLE AS $100 TO TRADE THE 7-EDGE

The Guide when using this Robot is "Use 0.01 per $1000 in your account for every time you use the Robot when using Fixed Position sizing.  So, for example, if you are using a $5000 account you can use the Robot on 5 currencies using 0.01 for each currency"  Many traders do not have $1000 to $5000 available to start trading. 1c accounts makes it possible to stick to the above guidance using only $10 to $50. Watch the video to see how.

View this video to see how

* $100

effectively turns into

*** $10 000

for trading Forex Robots when using these very special 1c account

BONUSES

The Performance Analyser (Sells for $50) is provided as a free bonus as EDGE 7 is trading the Robot using various instruments and at the same time combining it with sideways Robots like the Dream Machine and the Grid Trend Multiplier - Click on this link for more details on how this tool can help your portfolio trading - PERFORMANCE ANALYSER

When using a trending Trading Robot you need to use TRENDY currencies. The Currency selector will help you find trendy Currencies. Click on this link for more details:- CURRENCY SELECTOR

EXPECTATIONS

This is a speciality trading robot. It is an 'always in the market' trend multiplier EA. This means that it makes above average income when strong trends are encountered and will not make above Average income in sideways markets.  The Trends that produce above average income only happen 2 to 6 times a year in many trading instruments. So expect this EA to breakeven or run a small loss 7 to 9 months of the year and to make super gains when the trends occur.

Strong trends are difficult to identify before the time. The 7-Edge Robot is mostly in "trend waiting" mode, waiting for a very strong trend. We, therefore, suggest that the 7-edge Robot is not traded as a standalone trading robot but as part of a balanced portfolio. This can be done using sideways Forex trading robots like the Grid Trend Multiplier and / or the Dream Machine.

The Equity chart shows the sideways and growth periods over a year typically experienced by the 7-edge Trading Robot.

As the 7-Edge Trading Robot is mostly in "Trend Waiting" mode, minimum position sizing of 0.01 for every $1000 dedicated to the 7-edge Trading Robot, can be used.

This means that trading this Trading Robot requires a longer term perspective

GUIDANCE

  • Past results are only provide guidance as to the potential of the EA – there is no guarantee of future profitability
  • You should test the Forex Robot for a minimum of 2 to 3 weeks using as many setting alternatives as you can before risking live money
  • Only trade live money once you have tested the EA AND experienced positive results
  • The highest returns are often produced by the shortest timeframes (15 Minutes). The short term timeframes also carry the highest risk. It is strongly suggested that you start trading this Robot using the longer term timeframe (4 Hour)
  • Stay away from the % of Account technique until you have mastered the robot using fixed position sizing
  • Use 0.01 per $1000 in your account for every time you use the Robot when using Fixed Position sizing. So, for example, if you are using a $5000 account you can use the Robot on 5 currencies using 0.01 for each currency.

When you purchase this Trading Tool, the items below become freely downloadable as FREE Bonuses from the product download EAFactory website. Click on the button to see more details >>

PURCHASE HERE

Each purchase allows you to download the MT4 and MT5 versions. The 7-Edge trading robot is licensed and can be used as often as you like as long as you do not use it on more than 2 computers. Upgrades are free.

Note to US Traders using US Brokers: Our Robots do not work on US Broker accounts due to hedging and FIFO restrictions. Most US robot traders use off shore broker accounts.

IMPORTANT: Before you purchase, please read our "Sales Agreement" and "Risk Disclaimer" at the bottom of the page.
By Clicking on any of the PayPal Buttons, you are agreeing to the "Sales Agreement".




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Answers

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