Secutor CFD MT5

Overview of Secutor CFD MT5

• Secutor CFD MT5 is an advanced automated trading algorithm designed to operate on the DAX index using the MetaTrader 5 platform.
• The robot utilizes a complex algorithm focused on mathematical models instead of traditional indicators, ensuring more reliable trading outcomes.
• It is provided free of charge, emphasizing its robust performance without the need to invest in costly trading systems.

Key Features

• Trading Strategy: Secutor operates as a position trader, making calculated entries and exits rather than relying on grid or martingale strategies.
• Risk Management: Automatically sets take profit (TP) and stop loss (SL) levels upon order placement to minimize risk.
• Daily Drawdown Limit: Designed to operate safely under a 5% daily drawdown limit, making it suitable even in volatile market conditions.
• Compatibility: Works effectively on M30 timeframe and can be tailored for various trading conditions.

Robust Testing and Consistency

• Secutor has undergone extensive testing, including 'what if scenarios', Monte Carlo simulations, and out-of-sample tests to validate its reliability.
• The algorithm has displayed consistency across various brokers, making it adaptable to different market environments.
• Users are encouraged to test the EA in a demo account for at least 2-3 weeks before live trading.

Parameter Adjustments

• The following key parameters can be adjusted to suit individual trading styles:
  • Ulcer Index Period: Defines the time period for risk evaluations.
  • Move Stop Out Coefficient: Controls whether to exit trades that have turned positive but are now moving against you.
  • Adjust Tick Size: Standardizes tick values across different brokers to ensure uniform performance.

Using Secutor in Prop Trading Challenges

• Secutor is verified for use in proprietary trading challenges as it does not employ risky strategies like grid or high-frequency trading.
• It can be calibrated to meet several parameters required by prop trading firms.
• Coupled with effective risk management, Secutor provides favorable conditions for passing prop trading evaluations.
🎯

User Experience and Community Support

• Users benefit from community support and can join the Institution Breaker Trading Group for insights and discussion.
• Positive user reviews highlight the safe and effective performance of Secutor compared to other trading algorithms.
• The developers encourage feedback and questions to foster a supportive trading environment.
😊