FAQ

Optimization Methods(T1/T2/T3) and (.Set)

Parameter optimization for the EASY Trendopedia Bot is based on the same fundamental principles as for EASY Scalperology, with the addition of unique parameters specific to trend analysis. These parameters help more accurately identify and follow market trends, allowing traders to maximize benefits from major movements.

Optimization Methods:

Method T1:

Optimization with Trend Parameters:
- In Method T1, optimization considers not just Take Profit and Stop Loss levels, but also parameters like Tick Period and Tick Speed Filter. These parameters define the tick analysis period and the minimum tick speed change, allowing the filtering of less significant data and focusing on substantial trend changes.
- Min change in pp for BUY and SELL: These parameters specify the minimum price point change needed to confirm BUY and SELL signals, enhancing trend prediction accuracy.
- Relative change in pp: Serves as a primary filter for trend checking, providing a basic quantitative assessment of trend analysis.

Method T2:

Optimization with the Addition of Trailing:
- In Method T2, besides optimizing Take Profit and Stop Loss, trailing parameters are also optimized. Settings such as Trailing Shift, SL Trailing Level, and Take Profit Trailing Level are added, allowing dynamic trade management and adaptation to changing market conditions.

Method T3:

Comprehensive Optimization including BreakEven:
- T3 encompasses comprehensive order management by adding BreakEven to the parameters being optimized. This allows not only for short-term profit capture but also flexible adaptation to market dynamics, minimizing losses, and increasing the chances of a positive trade outcome.

Thus, users receive set files with prefixes T1, T2, and T3. Each method represents a unique approach to trade management, giving traders flexibility in choosing a strategy based on preferences and market conditions. The differences lie in the focus and combination of trading parameters, affecting the duration and nature of trades.

Overview of Optimization Criteria for EASY Trendopedia Bot

The optimization criteria for EASY Trendopedia Bot follow similar principles as those used for EASY Scalperology, aligning with objectives to maximize trading efficiency and profitability. These criteria guide the selection of optimal parameters and help in shaping effective trading strategies.

Optimization Criteria:

PayOFF: This criterion targets the optimal mathematical expectation of profit. Parameters with the highest PayOFF where Take Profit exceeds Stop Loss are prioritized, ensuring promising trade expectancy.
Take: Focused on maximizing the Take level relative to Stop, this aspect is crucial for capturing larger profit margins.
Stop: Emphasizes parameters that deliver short Stop Loss levels with high profits, minimizing drawdowns and maximizing gains.
Complex: A comprehensive evaluation of the set file based on multifaceted parameters, providing a well-rounded approach to optimization.
Profit: Identifies set files that have shown the highest profitability during the optimization phase, offering valuable insights for potential application.
_F: Denotes superior performance in Forward Testing within the Metatrader 5 strategy tester, ensuring an added layer of validation.

All the optimized results are accessible in the cloud, providing users with the flexibility to review and select set files that align with their specific trading goals.

Continuous Improvement and Real-World Application:

The finalized optimized settings are further subjected to continuous analysis and applied across multiple real trading accounts. The system, EASY Set Analyzer, consistently evaluates these configurations to identify the most effective ones.

If your bot settings are configured for automatic application of the best set file, EASY Set Analyzer will ensure your trading is aligned with the latest and most successful configurations. This dynamic system keeps your strategy adaptive to market changes, leveraging real-time data to enhance performance and profitability.