Ranger trading robot works with algorithm proven with years of successful trading used by pro traders. The main principle is based on one of the major market property – tendency to move in cycles. Ranger is taking advantage over repeating market habits. Augmented with a set of filters from technical analysis and price action, it can pick a right time for opening a trade. Robot is placing always one trade per day, so is commision and spread friendly (profit is not made by a lot of small transactions, which looks good only on tester). As you can see on screenshots, Ranger’s gain is also not produced by a lot open trades (equity and balance lines are close), which will soon or later blow your account. This robot will place an order only if the previous one is closed. Complete algorithm is our secret, but now you have a unique possibility to use this robot under your own license.

Robot is optimised for M15: GBPUSD, AUDNZD, EURGBP, USDCHF, USDJPY and GOLD. We don’t recommend to use instruments and time frames not listed. Every instrument and timeframe has different properties and there is a possibility of robot bad performance.

Settings:

Ranger is fully optimised for above mentioned timeframes and instruments, but you can set your own Starting Position Size, Take Profit, Stop Loss and decide if you want to use Money Management. By SL and TP adjustment you can adapt Ranger to your trading style or correct high/low volatility conditions (but this is not necessary, Ranger has proved his stability during two years testing period on default settings). Money Management is Fixed Ratio method which focuses on profits made rather than the size of the account. It is considered one of the best Money Management methods in terms of capital protection. Only one adjustable parameter of this method is called “delta”. You can try to optimise delta using the rule that delta should be 1/2 of maximal drawdown for high drawdown value and delta equal to or greater than the maximal drawdown for low drawdown values. Drawdown is dependent on the Starting Position Size value, you can try different settings in strategy tester.

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You can decide if you want to use this Money Management method, or if you want to use fixed position size. If you select fixed position, Ranger will then use starting position size until you change settings. These setting are all you will need, Ranger is then fully automated entity making it’s own decisions.

If you want to use Ranger on more charts don’t forget to set different Magic Number in settings for each chart. For better awareness about your trades there is a possibility to set custom commentary to each placed order. Very helpful for statistical purposes.

For backtesting you can select period from May 2019, recommended broker: any.

Caution:

Free version is limited in Money Management usage and Starting Position Size. Money Management is disabled and Starting position Size is limited to 0.01 lot. Unlocked PRO version is now in final development stage and will be available soon. If you want to obtain more information about PRO version, keep looking at this page or PM me to obtain more information about release date and possibility to obtain PRO version for FREE for a few first customers!     

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