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Low Risk Mode
This mode is recommended for Prop Firm accounts due to its conservative approach. It does not employ a recovery mechanism that could result in multiple simultaneous losing trades, minimizing the overall risk. -
Medium Risk Mode
Similar to the Low Risk Mode, the Medium Risk Mode does not use multiple trades for recovery purposes. It opens one trade at a time, making it suitable for Prop Firm accounts when managed appropriately. This mode gradually increases the lot size in alignment with account balance growth. Prop Firm accounts can alternate between Low and Medium Risk Modes to optimize account growth potential. -
High Risk Mode
High Risk Mode is generally not advised for Prop Firm accounts due to its aggressive lot size increments. While it still opens one trade at a time, it allows for the simultaneous use of two strategies, which may result in two open trades at once if another strategy detects an opportunity. This mode poses a higher level of risk due to its aggressive approach. -
Extremely High Risk Mode
This is an aggressive, high-risk mode that may also function as a scalping and account loss recovery tool. While the underlying code is highly advanced, it carries significant risk. In this mode, the EA opens a single trade when the account experiences a 10% negative floating drawdown. Subsequent trades are then opened to recover the losses and potentially generate profits. The following image depicts a live demonstration of this mode, showcasing an unlimited number of orders utilized for recovery purposes on the Expert Advisor (EA) for demonstration.
The following settings allow you to configure the Expert Advisor (EA) to limit the opening of orders or suspend trading for a day. You can choose from Low, Medium, High, or Extremely High modes. The EA will resume trading the following day if no changes are made to these settings. Should you require a personalized set file that aligns with your trading plan, please do not hesitate to contact us. We will be happy to create and send it to you.
Note: The following image demonstrates the Extremely High Risk Mode in action on a live trading account. In this example, the EA initiated a single trade when the account reached a 10% negative floating balance and then triggered a second round of recovery trades. With an unlimited number of trades allowed, the EA performed numerous trades, ultimately generating a 150% return on the negative floating amount. While this mode is impressive, it is not recommended for Prop Firm accounts due to its high-risk nature. Additionally, the number of recovery trades can be adjusted according to your preferences; in this example, the setting was configured to allow unlimited trades.
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