DAXBOT PRO EXPERT - DAY TRADE THE DAX30 INDEX
For DAY Trading the DAX30 INDEX
100% Fixed Rule Based Automated
Fixed Stop and Profit Levels
Easy 5 Minute Set-Up
Use Any broker with DAX30 & reasonable spread
High Quality Trades & Win Rate
Transparent Trading Reults
DAXBOT DOES ALL THE TRADING FOR YOU, INCLUDING POSITION OPEN/CLOSE/STOP AND PROFIT WITH MONEY MANAGEMENT. IT IS A 100% HANDS FREE TRADING SYSTEM.
What is DAXBOT Pro and How does it Trade?
DaxBot PRO is a Metatrader 4 expert advisor designed especially for the DAX30 index. It is not intended to be used on other FX pairs, however it will run on other Indices if user is experienced enough with using EAs. The DAX30 is Europes' most heavily traded index, it is volatile and fast moving - perfect for day trading.
DaxBot PRO does not use any martingale tactics or grid trading of any sort. Every trade comes with stop loss and take profit and is totally independent of the next trade. DaxBot PRO does use a recovery mode than will increase the lot size X2 after a loss, until a maximum of X8 of the base lot, where it resets back to base lot after a win or loss. With this method, the only loss month will be if a run of 4 in a row loss is hit.
DaxBot PRO historically can return 20%+ per month and keep drawdown around 40%. Users can "pro-rata" this metric to any leverage they like. E.g 10% month and 20% drawdown etc, or 4% a month and 6% drawdown. EA user has full discretion on lot size, it is not governed by the expert advisor.
Key Trading Logic:
First thing in strategy development is rule definition. DAXBOT PRO has clearly defined hard trading rules. Trading is a simple business that humans over complicate. Win more than you loss and you have a stable system. Our system has a win rate of 65% with a risk reward of 1. Over long term system has excellent market edge, winning 65 trades from every 100.
Like most major indices (DOW, CAC, FTSE, S+P), much of the action is witnessed in the early hours of opening, this is the perfect time window to establish a position as many banks, hedge funds and institutions are frantically placing orders. We called this the "golden hour", and respected properly can be harnessed to make a fantastic trading system. Our system will open the trade trade at 9.05am CET at market open. The DAX30 is a rapid market and the system seeks to exploit the first explosive move of the trading session, using fixed loss and profit orders.
DaxBOT PRO will only place one trade PER day as a market order at 9.05 CET after determining the market direction at the open.
One of the greatest attributes of the system is a rest easy approach to trading. Trades are typically over quickly, leaving the trader the rest of the day to focus on other activities. It is 100% automated and requires no babysitting. No lingering orders, overnight trades or grid positions, it ticks all the boxes for trading sanity. An often overlooked part of trading is decision and emotion. Traders need to learn to switch off from trading and trade to live, not live to trade.
Using take profit of 20 pips (points in DAX) and a hard stop loss maximum (often much lower) of 20 points, trader can easily set their risk metrics as each trade has a finite loss. Basically, the DAXBOT will take a trade a day at the direction of the DAX open, using a 20 pips SL + TP and recovery function after loss.
Full Installation, Setup Instructions & Templates
Only 1 trade a day
The most liquid and fastest moving Index - DAX30
No martingale or grid techniques, fixed lot sizes used.
Client can specify their own lot sizes. We can guide.
Easy 5- Minute Install
Compatible in any MT4 Broker
Get it Free with a DragonScalper Buy
Trading Results: (updated every 5 Minutes)
Every Trade is Verified by Industry standard myfxbook.
The foundation of any automated system is the ability for the system to withstand all market conditions, slow & fast, volatile, spikey, news, etc. DaxbotPRO demonstrates the ability to perform each and every month without frantically re-optimising or changing strategy, it is solid and dependable and built for the long term.
Historical Testing (Long Range Backtests)
All our trading systems at alnotrade are time tested and DAXBOT PRO is not any different. DaxBot PRO has excellent backtest qualities.
VantageFX Backtest: https://www.myfxbook.com/strategies/daxbot-pro-vantagefx/316663
Strong Historical Testing
Powerful Live Trading
Low dealing cost market
Tight Risk control
Has serious trading edge
Low starting amount from $200
Build an equity millipede
Free BONUS with DragonEA.
"Using Single Trade positions with a fixed stop loss greatly decreases the risk of the ruin to the user. Too many times amateur traders do not allow enough respect to the potential downside risks, they habitually nearly always use too much leverage resulting in >95% of traders losing money. Normally achieved very quickly when the market moves against them and they have no risk exit plan."
The Worlds' Best Known Trading Platform - MetaTrader4
All our expert advisors use MetaTrader 4, also known as MT4, is an electronic trading platform widely used by online retail foreign exchange speculative traders. It was developed by MetaQuotes Software and released in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. The software consists of both a client and server component. The server component is run by the broker and the client software is provided to the brokers customers, who use it to see live streaming prices and charts, to place orders, and to manage their accounts.
The platform is focused on margin trading. At the same time, MetaTrader 5 also works with equities and commodities exchange-traded commodities. Both MetaTrader 4 and 5 can use custom indicators and trading programs (called Expert Advisors) for trading automation.
FULL SOFTWARE ACCESS WITH INTERNAL SETTINGS OPTIMIZATION SYSTEM
Just lot size entry required. No other settings adjustments are needed.
DETAILED SETUP GUIDE
You will get a clear, detailed manual outlining setup instructions and best recommendations to maximize performance.
FULL SUPPORT FOR ANY ISSUES.
For any issues arise, they will be expertly dealt with by our customer service team. Help will always be at hand if you need any assistance.
FREE LIFETIME UPDATES AS NEEDED
Because DaxBOT PRO auto optimizes itself, this isn’t entirely necessary, but any updates or improvements we make for the system will be provided to you.