BlueRed
BlueRed features state of the art next generation technology and signal indication to provide the most advance, safe and consistent automated trading.
When up is Blue, down is Red. This is exactly simple and you will know how the EA trade. Many of the EA did not reveal how EA trade and you will have no idea on the logic. If something against the EA, you can only wait and see! With BlueRed, you will know the entry and exit point!
BlueRed uses two powerful indicators to find it’s signals to trade on. The first indicator is Bollinger Band…The second indicator is HMA4.
What Does Bollinger Band Mean?
Bollinger Bands is to provide a relative definition of high and low. By definition, prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action to the action of indicators to arrive at systematic trading decisions.
Explaination of Bollinger Band
A recent study concluded that Bollinger Band trading strategies may be effective in the Chinese marketplace, stating: “Finally, we find significant positive returns on buy trades generated by the contrarian version of the moving average crossover rule, the channel breakout rule, and the Bollinger Band trading rule.
Companies like Forbes suggest that the use of Bollinger Bands is a simple and often an effective strategy but stop-loss orders should be used to mitigate losses from market pressure.
BlueRed has many trading filters built-in that will help keep up consistency and minimize large drawdowns. Many of these filters are customizable or have the ability to be turned on or off.
Time Based Filters:
- Because most of the conditions occur at the closing of American’s Market to Asian’s Session,BlueRed will include a Time Based Filter.
- Trade time only 21-0 GMT general for all pair. A larger time frame can be used like 21-4 but backtests will show fewer losses if kept at the 21-0 timeframe.
- No trades during the first 2 hours on Mondays. Many surprise moves here.
- No trades on Friday after 8 GMT.
- No trades from 20th of December to the end of the first week of the new year as this is one of the worst periods to trade.
Daily filters:
- Slippage
- Trace
- SwingTrade
- BreakEven
BlueRed Money Management
Unlike most expert advisors that use basic money management systems, BlueRed’s money management offers much safer gains.
“Money management is like sex: Everyone does it, one way or another, but not many like to talk about it and some do it better than others. But there’s a big difference: Sex sites on the Web proliferate, while sites devoted to the art and science of money management are somewhat difficult to find.” By Gibbons Burke
Test Result EU H4 – $10000 become $19306 (01-01-2011 to 28-07-2011)
Test Result UJ H4 – $10000 become $16223 (01-01-2011 to 28-07-2011)
What are you waiting? Buy it Now at only US$99