Account Lavarage 1:500
Asset : XAUUSD
TF : 1M, H1
Min Deposit : 500USD
Trading Hours : 24/7
Yarukami Mnukakashi is an advanced automated trading advisor specifically designed for traders in the Forex market. It offers a unique blend of strategy, flexibility, and risk management tailored for those looking to automate their trading, particularly with the GOLD instrument.
Key Features:
Strategy Type:
Operates 24/7, but it is advisable to avoid the American session for optimal results.
Recommended to aim for a daily profit target of $30-40 per 0.01 lot.
Capable of trading in one direction or simultaneously in both directions, each managed independently.
Trading Instruments:
Focused on GOLD, offering precision and reliability when dealing with this volatile market.
Timeframes:
Designed for use on the M1 (one-minute) chart, providing a high-frequency trading experience with real-time decision-making.
Algorithm:
Leverages technical analysis by integrating a combination of moving averages, Bollinger Bands, and Momentum indicators to identify optimal entry and exit points.
Risk Management:
Equipped with a feature to automatically close open positions at the end of a trading day to reduce overnight risks.
Utilizes an averaging technique by incrementally increasing the initial lot size, ensuring that profits grow proportionally while managing risk.
Pros:
Automation: Simplifies trading by automating most tasks, allowing users to focus on strategy development and risk management.
Risk Control: The built-in features to close trades at specific times and manage lot sizes provide better control over trading risks.
Flexibility: Can operate in both one-way and two-way trading modes, offering traders more choices in how they approach market movements.
Technical Expertise: Uses a combination of well-established technical indicators, making it a reliable tool for market analysis.
Cons:
Limited to GOLD: While highly specialized, its focus on GOLD may limit diversification opportunities for traders looking to explore other assets.
American Session Risk: The recommendation to avoid trading during the American session may reduce potential trading opportunities during this volatile period.
Aggressive Averaging: The technique of adding lots as part of the averaging strategy may increase risk exposure in trending or volatile markets if not carefully monitored.
In summary, Yarukami Mnukakashi is a robust tool for traders who focus on the GOLD market and want to automate their trading strategies while managing risk effectively. Its technical indicators and risk management systems provide a structured approach to Forex trading, though users should be cautious of over-exposure through aggressive averaging and the potential limitations during the American trading session.