The Expert4x MAKnot Trader

Automated Explosive Market Move Catcher

To know how the MAKnot EA works you need to understand the 3 main market phases work. These phases are very easily identified when using multiple Moving Averages

The 3 Phases are:

  1. Consolidation at times of uncertainty. During this phase, the short-term traders (scalpers) and the longer-term traders (Swing Traders and Investors) are happy that the price is at a fair value. All the Moving averages create a “knot” where they are all very close to each other. It only takes a small bit of information or an event to happen that will disrupt this phase and push the market into the next phase.
  2. The Strong Trend phase happens when new information about one or both currencies is experienced, and the market reacts very strongly to the news. Often, the market overreacts, and people panic and try to climb in on the trend that develops, which further fuels the trend even more.
  3. The Proft Taking and sanity phase. During this phase, the market realises that it might have overreacted, and traders start taking profit, stop supporting the trend, and some may even start trading against the trend. The trend starts slowing down, starts reversing, starts consolidating. This can often lead to the Phase 1 consolidation phase, and the process repeats itself again.

Clearly, the most gains can be made during Phase 2 when there is a strong trend in place. Using the Knot principle, the MAKnot Trader attempts to catch the breakout out of the Phase 1 consolidation BEFORE it happens. It uses the MACD to provide the direction of the Breakout.

How the MAKnot Trader works.

The MAKnot Trader uses 14 Moving Averages. These are used to identify the market phases, but more importantly, to find the knots where powerful breakouts can occur. The MACD indicator have been found to be reliable in providing the direction of trade.

Please use the explanation of the settings below to get a better idea of how the settings achieve this.

Review of the settings:
  1. The Robot uses 14 moving Averages. The 14th Moving Average is used as a long-term trend guide. The first 13 Moving Averages start with a fast setting, and then the settings for the following moving averages are increased by a fixed period factor (or Step) up until the 13th moving Average. The MA #1 setting is the period for the 1st All MAs use simple Mas.
  2. This is the stepping factor or the Steps by which MA will be increased.
  3. The MA period setting for the long-term MA should be bigger than the 13th
  4. The MACD creates a signal when the signal line crosses the MACD indicator. This setting is for the period of the signal line. The smaller the setting, the more sensitive the signals
  5. The EA will trade when the MA’s knot. Hence the name of the EA. This setting is to tell the EA how close all the EAs should be to be regarded as a knot.
  6. The moving average crossover can be an excellent exit signal. The first MA will always be the fastest. The trader can use this setting to stipulate the slower MA for this crossover.
  7. Setting for the initial stop for the current open trade
  8. Setting the initial Target for the current open trade. There will only be 1 open trade at a time.
  9. Position sizing can be based on Manual fixed lots or a % of Equity. Use this setting to specify which one you want to use. It is recommended that fixed is used initially.
  10. Specify the size of the % of the lot size you want to use. The smaller the better initially.
  11. A breakeven stop is provided
  12. A trailing stop is provided
  13. A Dynamic stop is provided
  14. A Dynamic target is provided
  15. A maximum spread setting prevents trades from being entered when spreads are very high

Beta Testing the MAKnot Trader

 

The MAKnot Trader will be Beta-tested by our paid Forum Members over the next two weeks to ensure the Robot is Market-Ready. Beta Testing expires on November 1st.

To be a BetaTester, you need to be a paid member of the Premium Forum.

If you are not a paid member, please use this link to join. You will need to join as a free member and then upgrade your membership to a paid status.

 

BECOME A PAID MEMBER

 

If you are a paid member, you can download the Beta Version from this link:-

 

START TESTING

 

Please note that strong trends do not occur frequently (refer to the number of transactions in a year in the results shown). It is essential to trade this Robot in a balanced portfolio of 4 to 10 instruments to ensure regular capture of strong trends.  

PURCHASE HERE !!

The MAKnot EA will be launched in early November when BetaTesting has been completed

Videos about the MAKnot Trader and some of the settings

Click on the YouTube button option to increase the size to full screen

 

QUESTIONS & ANSWERS

  • q-iconWhat is the minimum capital required to trade the MAKnot Trader?

    When using cent accounts you can use a little a $10 per instrument. That represents $1 000 per instrument which is the account size used for the results above.

  • q-iconIs this MAKnot Trader US compatible?

    As the MAKnot Trader only trades one trade at a time per instrument and there is no hedging happens it complies with US broker requirements