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Trading multiple currency pairs ensures stable higher gains with losses much offsetting.
Trading Idea
As a non-Grid, non-Martingale system, RayBOT relies for its trading on price swings between Support / Resistance levels. It is a frequent trader achieving a trading rate of about 5 to 10 trades a week on each currency pair.
Specifications
License
2 Real + 2 Demo Accounts for Any Subscription Type.
NFA / FIFO
Compatible.
Compatible Brokers
All Brokers with All Account Types are Supported (low spread brokers are recommended), We Recommend Tickmill Forex Brokers With TradingFX VPS for the Best Stability and Profitability.
User Manual
A detailed User Manual is Included with the EA for its installation, setting up and usage on MT4 platform.
Support & Upgrades
24 / 7 Professional Support and Free Monthly Optimized Setting Automatic Updates throughout the Subscription Period.
Refund Policy
30 Day Money Back Guarantee.
Supported Currency Pairs
EURUSD, AUDUSD, USDCAD
MetaTrader Chart Timeframe
M15
![MyFxBots Admin [www.myfxbots.com]](/assets/media/avatars/myfxbots-admin.png "MyFxBots Admin [www.myfxbots.com]")
Verified Live Trading Results
By analyzing RayBOT MyfxBook verified trading results and its live performance we could find that:
- Its potential gains can be 10% a month by using the developers recommended risk level gathering a compound annual growth rate (CAGR) exceeding 60%
- It has a positive risk reward with a win rate that could exceed 57%.
Real Money Account
Live Test Summary
Started On
Jan 31, 2016
Account Leverage
1:500
Profit Factor
1.06
Total Gain
+37.97%
Absolute Gain
+37.97%
Monthly Gain
0.54%
Daily Gain
0.02%
Total Pips
2549.8
Total Trades
1771
Profit Amount
(%) Won Trades
2549.8
Drawdown
1.65%
Real Money Account
Started On
Feb 09, 2016
Leverage
1:100
Broker
Solidary Markets FX
Starting Balance
$$500.00
Total Gain
+27.87%
Live Test Summary
Started On
Feb 09, 2016
Account Leverage
1:100
Profit Factor
1.04
Total Gain
+27.87%
Absolute Gain
+32.45%
Monthly Gain
0.55%
Daily Gain
0.01%
Total Pips
2437.0
Total Trades
1632
Profit Amount
$143.67
(%) Won Trades
2437.0
Drawdown
18.92%
Trading Style (Visual Backtest)
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59 (2015.09.30 - 2016.05.31)
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Activation_Code=*********; Max_Risk_Per_Trade=7; Fixed_LotSize=0; Advanced_User_Parameters="Read Manual Before Making Changes"; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Restrict_Trade_Entry="Period Day-of-Week and Hour"; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Prevent_Trades_Over_WeekEnd="Close Any Open Trade At Day-of-Week and Hour"; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;
MagicNumber=11995533; EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124726
Ticks modelled
71793845
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
10
Backtests Results
Total net profit
241.92
Gross profit
422.44
Gross loss
-180.52
Profit factor
2.34
Expected payoff
3.10
Absolute Bal DD
14.43
Maximal Bal DD
39.59 (3.25%)
Relative Bal DD
3.25% (39.59)
Total Trades
78
Short positions (won %)
32 (65.63%)
Long positions (won %)
46 (73.91%)
Profit trades (% of total)
55 (70.51%)
Loss trades (% of total)
23 (29.49%)
Largest Profit trade
36.00
Largest Loss trade
-10.53
Average Profit trade
7.68
Average Loss trade
-7.85
Maximum consecutive wins (profit in money)
12 (56.06)
Maximum consecutive losses (loss in money)
2 (-21.00)
Maximal consecutive profit (count of wins)
61.93 (9)
Maximal consecutive loss (count of losses)
-21.00 (2)
Avarage consecutive wins
3
Avarage consecutive losses
1
Strategy Backtests
We have tested RayBOT using high quality Dukascopy Tick Data (every tick) from 2011 to 2016 on the three supported pairs via a RoboForex ECN-Pro NDD Real account with a real spread of 6 pips for AUDUSD, 0.5 pips for EURUSD and 1.0 pip for USDCAD (the lower the spread, the better the results). The EA proved its ability to efficiently handle all the price action types.
We have applied different risk levels (Max_Risk_Per_Trade) of 5, 7 and 10 in addition to fixed lot size of 0.1 with no risk! Each variation was tested on every currency pair individually to better understand the EA performance!
The backtests maximum drawdown resulted is below 25% or less than 800 pips over the whole 9 years period of testing, so it's highly expected to be much lower and shorter on live trading thanks to the EA automatic optimization capability as mentioned before.
AUDUSD Backtests
Backtests Settings
Symbol
AUDUSD (Australian Dollar vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=7; Fixed_LotSize=0.1; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124628
Ticks modelled
54308860
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (6)
Backtests Results
Total net profit
3281.44
Gross profit
20996.74
Gross loss
-17715.30
Profit factor
1.19
Expected payoff
2.59
Absolute Bal DD
178.68
Maximal Bal DD
554.58 (35.28%)
Relative Bal DD
35.28% (554.58)
Total Trades
1269
Short positions (won %)
616 (54.06%)
Long positions (won %)
653 (54.36%)
Profit trades (% of total)
688 (54.22%)
Loss trades (% of total)
581 (45.78%)
Largest Profit trade
135.80
Largest Loss trade
-141.00
Average Profit trade
30.52
Average Loss trade
-30.49
Maximum consecutive wins (profit in money)
9 (270.51)
Maximum consecutive losses (loss in money)
12 (-419.34)
Maximal consecutive profit (count of wins)
270.51 (9)
Maximal consecutive loss (count of losses)
-419.34 (12)
Avarage consecutive wins
2
Avarage consecutive losses
2
Backtests Settings
Symbol
AUDUSD (Australian Dollar vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=5; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124628
Ticks modelled
54308860
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (6)
Backtests Results
Total net profit
879.46
Gross profit
5484.40
Gross loss
-4604.94
Profit factor
1.19
Expected payoff
0.69
Absolute Bal DD
35.74
Maximal Bal DD
110.92 (9.95%)
Relative Bal DD
9.95% (110.92)
Total Trades
1269
Short positions (won %)
616 (54.06%)
Long positions (won %)
653 (54.36%)
Profit trades (% of total)
688 (54.22%)
Loss trades (% of total)
581 (45.78%)
Largest Profit trade
40.74
Largest Loss trade
-28.20
Average Profit trade
7.97
Average Loss trade
-7.93
Maximum consecutive wins (profit in money)
9 (81.15)
Maximum consecutive losses (loss in money)
12 (-83.87)
Maximal consecutive profit (count of wins)
81.15 (9)
Maximal consecutive loss (count of losses)
-90.10 (9)
Avarage consecutive wins
2
Avarage consecutive losses
2
Backtests Settings
Symbol
AUDUSD (Australian Dollar vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=7; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124628
Ticks modelled
54308860
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (6)
Backtests Results
Total net profit
1264.58
Gross profit
8642.71
Gross loss
-7378.13
Profit factor
1.17
Expected payoff
1.00
Absolute Bal DD
53.72
Maximal Bal DD
182.85 (8.80%)
Relative Bal DD
14.23% (166.50)
Total Trades
1270
Short positions (won %)
617 (53.97%)
Long positions (won %)
653 (54.21%)
Profit trades (% of total)
687 (54.09%)
Loss trades (% of total)
583 (45.91%)
Largest Profit trade
67.85
Largest Loss trade
-42.30
Average Profit trade
12.58
Average Loss trade
-12.66
Maximum consecutive wins (profit in money)
9 (144.55)
Maximum consecutive losses (loss in money)
12 (-125.86)
Maximal consecutive profit (count of wins)
144.55 (9)
Maximal consecutive loss (count of losses)
-147.61 (8)
Avarage consecutive wins
2
Avarage consecutive losses
2
Backtests Settings
Symbol
AUDUSD (Australian Dollar vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=10; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124628
Ticks modelled
54308860
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (6)
Backtests Results
Total net profit
2317.66
Gross profit
15583.78
Gross loss
-13266.12
Profit factor
1.17
Expected payoff
1.83
Absolute Bal DD
71.47
Maximal Bal DD
342.63 (11.74%)
Relative Bal DD
19.83% (245.85)
Total Trades
1269
Short positions (won %)
616 (54.06%)
Long positions (won %)
653 (54.36%)
Profit trades (% of total)
688 (54.22%)
Loss trades (% of total)
581 (45.78%)
Largest Profit trade
122.22
Largest Loss trade
-70.50
Average Profit trade
22.65
Average Loss trade
-22.83
Maximum consecutive wins (profit in money)
9 (280.32)
Maximum consecutive losses (loss in money)
12 (-181.16)
Maximal consecutive profit (count of wins)
280.32 (9)
Maximal consecutive loss (count of losses)
-281.03 (8)
Avarage consecutive wins
2
Avarage consecutive losses
2
EURUSD Backtests
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=7; Fixed_LotSize=0.1; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true; EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124726
Ticks modelled
71793845
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (5)
Backtests Results
Total net profit
1480.97
Gross profit
8293.25
Gross loss
-6812.28
Profit factor
1.22
Expected payoff
2.74
Absolute Bal DD
633.57
Maximal Bal DD
685.10 (65.15%)
Relative Bal DD
65.15% (685.10)
Total Trades
540
Short positions (won %)
252 (58.73%)
Long positions (won %)
288 (60.07%)
Profit trades (% of total)
321 (59.44%)
Loss trades (% of total)
219 (40.56%)
Largest Profit trade
120.00
Largest Loss trade
-142.00
Average Profit trade
25.84
Average Loss trade
-31.11
Maximum consecutive wins (profit in money)
12 (191.66)
Maximum consecutive losses (loss in money)
7 (-251.16)
Maximal consecutive profit (count of wins)
253.65 (7)
Maximal consecutive loss (count of losses)
-251.16 (7)
Avarage consecutive wins
3
Avarage consecutive losses
2
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=5; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true; EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124726
Ticks modelled
71793845
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (5)
Backtests Results
Total net profit
322.07
Gross profit
1708.56
Gross loss
-1386.49
Profit factor
1.23
Expected payoff
0.60
Absolute Bal DD
124.55
Maximal Bal DD
136.16 (13.46%)
Relative Bal DD
13.46% (136.16)
Total Trades
540
Short positions (won %)
252 (58.73%)
Long positions (won %)
288 (60.07%)
Profit trades (% of total)
321 (59.44%)
Loss trades (% of total)
219 (40.56%)
Largest Profit trade
24.00
Largest Loss trade
-28.40
Average Profit trade
5.32
Average Loss trade
-6.33
Maximum consecutive wins (profit in money)
12 (38.57)
Maximum consecutive losses (loss in money)
7 (-50.23)
Maximal consecutive profit (count of wins)
63.28 (9)
Maximal consecutive loss (count of losses)
-50.23 (7)
Avarage consecutive wins
3
Avarage consecutive losses
2
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=7; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true; EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124726
Ticks modelled
71793845
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (5)
Backtests Results
Total net profit
436.95
Gross profit
2355.31
Gross loss
-1918.36
Profit factor
1.23
Expected payoff
0.81
Absolute Bal DD
181.85
Maximal Bal DD
187.58 (18.65%)
Relative Bal DD
18.65% (187.58)
Total Trades
540
Short positions (won %)
252 (58.73%)
Long positions (won %)
288 (60.07%)
Profit trades (% of total)
321 (59.44%)
Loss trades (% of total)
219 (40.56%)
Largest Profit trade
36.00
Largest Loss trade
-42.60
Average Profit trade
7.34
Average Loss trade
-8.76
Maximum consecutive wins (profit in money)
12 (58.22)
Maximum consecutive losses (loss in money)
7 (-75.35)
Maximal consecutive profit (count of wins)
84.73 (9)
Maximal consecutive loss (count of losses)
-75.35 (7)
Avarage consecutive wins
3
Avarage consecutive losses
2
Backtests Settings
Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=10; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true; EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124726
Ticks modelled
71793845
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (5)
Backtests Results
Total net profit
701.07
Gross profit
3454.94
Gross loss
-2753.87
Profit factor
1.25
Expected payoff
1.30
Absolute Bal DD
242.95
Maximal Bal DD
251.35 (24.93%)
Relative Bal DD
24.93% (251.35)
Total Trades
540
Short positions (won %)
252 (58.73%)
Long positions (won %)
288 (60.07%)
Profit trades (% of total)
321 (59.44%)
Loss trades (% of total)
219 (40.56%)
Largest Profit trade
60.00
Largest Loss trade
-56.80
Average Profit trade
10.76
Average Loss trade
-12.57
Maximum consecutive wins (profit in money)
12 (97.03)
Maximum consecutive losses (loss in money)
7 (-96.66)
Maximal consecutive profit (count of wins)
140.20 (9)
Maximal consecutive loss (count of losses)
-96.66 (7)
Avarage consecutive wins
3
Avarage consecutive losses
2
USDCAD Backtests
Backtests Settings
Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=7; Fixed_LotSize=0.1; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;
EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124689
Ticks modelled
45637793
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (10)
Backtests Results
Total net profit
2703.40
Gross profit
9487.62
Gross loss
-6784.22
Profit factor
1.40
Expected payoff
3.48
Absolute Bal DD
45.95
Maximal Bal DD
389.83 (14.19%)
Relative Bal DD
14.19% (389.83)
Total Trades
777
Short positions (won %)
411 (62.29%)
Long positions (won %)
366 (68.03%)
Profit trades (% of total)
505 (64.99%)
Loss trades (% of total)
272 (35.01%)
Largest Profit trade
107.28
Largest Loss trade
-91.07
Average Profit trade
18.79
Average Loss trade
-24.94
Maximum consecutive wins (profit in money)
12 (136.14)
Maximum consecutive losses (loss in money)
6 (-106.15)
Maximal consecutive profit (count of wins)
230.91 (9)
Maximal consecutive loss (count of losses)
-107.78 (5)
Avarage consecutive wins
3
Avarage consecutive losses
1
Backtests Settings
Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=5; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;
EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124689
Ticks modelled
45637793
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (10)
Backtests Results
Total net profit
776.67
Gross profit
2943.19
Gross loss
-2166.52
Profit factor
1.36
Expected payoff
1.00
Absolute Bal DD
9.20
Maximal Bal DD
116.92 (8.33%)
Relative Bal DD
8.33% (116.92)
Total Trades
777
Short positions (won %)
411 (62.29%)
Long positions (won %)
366 (68.03%)
Profit trades (% of total)
505 (64.99%)
Loss trades (% of total)
272 (35.01%)
Largest Profit trade
53.64
Largest Loss trade
-36.43
Average Profit trade
5.83
Average Loss trade
-7.97
Maximum consecutive wins (profit in money)
12 (40.85)
Maximum consecutive losses (loss in money)
6 (-31.83)
Maximal consecutive profit (count of wins)
81.53 (4)
Maximal consecutive loss (count of losses)
-51.00 (4)
Avarage consecutive wins
3
Avarage consecutive losses
1
Backtests Settings
Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=7; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;
EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124689
Ticks modelled
45637793
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (10)
Backtests Results
Total net profit
1478.42
Gross profit
5051.06
Gross loss
-3572.64
Profit factor
1.41
Expected payoff
1.91
Absolute Bal DD
13.42
Maximal Bal DD
191.34 (11.15%)
Relative Bal DD
11.15% (191.34)
Total Trades
774
Short positions (won %)
410 (62.93%)
Long positions (won %)
364 (68.96%)
Profit trades (% of total)
509 (65.76%)
Loss trades (% of total)
265 (34.24%)
Largest Profit trade
96.55
Largest Loss trade
-63.53
Average Profit trade
9.92
Average Loss trade
-13.48
Maximum consecutive wins (profit in money)
12 (56.33)
Maximum consecutive losses (loss in money)
6 (-52.39)
Maximal consecutive profit (count of wins)
147.51 (4)
Maximal consecutive loss (count of losses)
-96.65 (4)
Avarage consecutive wins
3
Avarage consecutive losses
1
Backtests Settings
Symbol
USDCAD (US Dollar vs Canadian Dollar)
Period
15 Minutes (M15) 2011.05.31 22:00 - 2016.05.31 21:59
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
Max_Risk_Per_Trade=10; Fixed_LotSize=0; Use_Full_Account_Balance=true;
Set_Initial_Start_Balance=0; Allow_Trades_At_All_Times=true;
Activate_On_DayOfWeek=0; Activate_At_HourOfDay=0; DeActivate_On_DayOfWeek=0; DeActivate_At_HourOfDay=0; Force_Close_Trade=false;
Force_Close_On_DayOfWeek=0; Force_Close_At_HourOfDay=0; Auto_Optimization=true;
Volatility_Limit=45; Range_Upper_Limit=65; Range_Lower_Limit=35; ReversalProfitLevel=50; LCNT1=0; LCNT2=0; LCNT3=0; LSens1=5; LSens2=5; LSens3=1; LMan1=5; LMan2=10; Filter_Feed_Variations=true;
Filter_Low_Vol_Trades=true;
EA_COMMENT_PREFIX="MyFxBots.com - RayBOT V4"; Use_Free_Margin_Only=false;
Allow_Slippage=5; RefPrice=1.25; MaxRetry=10; Trefresh=10;
Bars in test
124689
Ticks modelled
45637793
Modelling quality
99.00%
Initial Deposit
$1000.00
Spread
Current (10)
Backtests Results
Total net profit
2173.07
Gross profit
8275.77
Gross loss
-6102.70
Profit factor
1.36
Expected payoff
2.80
Absolute Bal DD
18.38
Maximal Bal DD
322.03 (16.08%)
Relative Bal DD
16.08% (322.03)
Total Trades
777
Short positions (won %)
411 (62.29%)
Long positions (won %)
366 (68.03%)
Profit trades (% of total)
505 (64.99%)
Loss trades (% of total)
272 (35.01%)
Largest Profit trade
160.92
Largest Loss trade
-109.29
Average Profit trade
16.39
Average Loss trade
-22.44
Maximum consecutive wins (profit in money)
12 (95.31)
Maximum consecutive losses (loss in money)
6 (-94.63)
Maximal consecutive profit (count of wins)
245.66 (4)
Maximal consecutive loss (count of losses)
-169.12 (4)
Avarage consecutive wins
3
Avarage consecutive losses
1
Portfolio Report with Risk 7 on EURUSD + AUDUSD + USDCAD from 2011 to 2015
(Conducted by the EA developers)
Trading Strategy
By its carefully coded logic, RayBOT trades swings close to support / resistance levels and once a position has been opened, the eagerly acting built in trade management unit starts its work.
To protect the trade, the ideal StopLoss and TakeProfit levels are then immediately calculated by the EA to be set on the broker's side, while the trade is really managed by using undisclosed StopLoss and TakeProfit which are dynamically calculated by the EA according to the running volatility level and usually limited to 65 pips on an average of just 35 pips. During periods of financial crisis, the market could be extremely volatile, in such cases, the EA sets the StopLoss at a maximum of 200 pips.
RayBOT allows winning trades to continue to their full potential to maximize gains while it early cuts losing ones. It usually closes trades on the trend strength loss or at the early beginning of a reversal.
The system is a positive risk to reward ratio dependent, achieving a success rate that could exceed 50%.
Parameter Settings
All what is needed to be set for trading are these parameters (The Most Important):
Activation_Code
This is to be set to your activation code sent to you by the EA vendor after subscription.
Max_Risk_Per_Trade
The Maximum Risk Per Trade value is recommended by the EA developers to be set to 7.0.
Fixed_LotSize
If set to zero, Fixed lot size would be disabled, to enable it set it to any higher value.
Auto_Optimization
This is an interesting advantageous parameter!
When enabled (set to true), the remaining parameters will be automatically updated and optimized online from RayBOT official server, all upcoming updates will be tightly optimized and tested by the EA developers team and are released once every month to be used for trading throughout that month.
Disabling it by setting it to false will expose all the EA parameters to manual setting up and won't be automatically updated.
Max_Risk_Per_Trade
This parameter is important in setting the accurate risk for trading RayBOT and is set by default to 7, so the calculated lot size for EURUSD in a $10000 account would be 0.3 lot.
These parameters with all the others are explained in more details in the included user manual.
The remaining trading parameters can be left as are to be automatically updated if desired.
Bottom Line
What most distinguishes RayBOT is that it's not sold forever as the majority of other Forex Robots, but has a paid periodic subscription license, even the lifetime subscription has an annual renewal fee of $65, this could be a bit costly for the traders using it especially the beginners, but this is the only and surest guarantee for the continued support and development of the EA over time.
Promotional Video (by the Vendor)
Other Forex Robots from Phibase
Ray Scalper core trading strategy is the concept of Ray Tracing on M15 / H1 trading range channels & Fibonacci levels. It never performs martingale nor pyramiding neither pending orders.
Trend following and retracement. If moving averages confirm the required market conditions, price action is used to generate trading signals.
Tags
Valery Trading
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Tick Data Suite
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Telegram Signal Copier
FX Scalper
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Golden Pickaxe
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AMarkets
Binance
Quant Analyzer
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FxPro
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TradingFX VPS
RayBOT
ForexSignals.com
AlgoWizard
ACY Securities
Pump Trader Robot
Smart Scalper PRO
FX Choice
FXCharger
BlackBull Markets
Commercial Network Services
Libertex
FX-Builder
Gold Scalper PRO
Quant Data Manager
LeapFX Trading Academy
News Scope EA PRO
ForexTime
Magnetic Exchange
MTeletool
Telegram Copier
Swing Trader PRO
FX Secret Club
Forex Robot Academy
Evening Scalper PRO
Forex Robot Factory (Expert Advisor Generator)
VPS Forex Trader
Vortex Trader PRO
Best Free Scalper Pro
QHoster
Happy Forex
IV Markets
Happy Bitcoin
Forex VPS
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Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
