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Description

 

Fee-Free Algorithm. The DAX 5M algorithm generates no fees from IG (broker). This is a Trend-Following strategy that utilizes a Stop Loss, Trailing Stop, and other conditions. The algorithm aims to capture larger movements on a 5-minute basis.

You can download our algorithms (ITF files) for your own analysis here: https://profitalgos.com/demo/

PA – DAX 5M V1.0 – NO FEES – Monte Carlo Report by Snålänningen
https://profitalgos.com/download/4710/?tmstv=1759839501

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Key Specifications

 

  • Type: Long & Short – Vectorial Algorithm
  • Market: DAX 40 Cash (€1) (Typically refers to the German 40 CFD)
  • Timeframe: 5 Minutes
  • Multi-Timeframe Analysis: Yes
  • Stop Loss: Fixed at 1.2%
  • Trailing Stop: Yes
  • Entry Hours: 08:00 – 19:00 (CET)
  • Position Holding: Does not hold positions over the weekend (Implied: No overnight holding either, given the short timeframe and limited hours).
  • Time Zone: CET
  • Launched: 2024-06-18
  • Last Updated: 2024-06-18

3 reviews for NORDICALGOS – DAX 5M – NO FEES

  1. laurentlegeay (propietario verificado)

    I am close to stopping this robot… it has been running for 4 months non-stop and the results are quite stressful. The average losses are higher than the average gains, the stop losses are very low and the robot does not cut in the event of a rapid fall so we will quite easily hit very large SLs… for 4 months, I have climbed to + 2400 € and down to 700€ potentially, on the next trade, I would have lost money… The robot works without take profit so it is always a lifted SL that is affected which generates big losses and mediocre gains … An update to secure gains and limit losses would be welcome.

  2. Fr.masq (propietario verificado)

    Très bon algo, se démarque bien des difficultés. Bon contrôle des pertes, ne semble pas trop optimiser. Le marché décidera de son comportement.

  3. maik_maecklenburg (propietario verificado)

    Sehr gutes Handelssystem. Ich hoffe es gibt auch Updates.

Solo los usuarios registrados que hayan comprado este producto pueden hacer una valoración.

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