Unleash the full power of strategic trading with the Phoenix Project Bundle! This all-in-one package includes 7 highly optimized expert advisors, each carefully engineered to tackle diverse market conditions and maximize risk diversification.
Tested and validated with extreme precision using 21+ million optimization iterations, these EAs have been fine-tuned for the most demanding trading environments, including prop firms.
Built with advanced news filters, highly reliable indicators, and a proven track record of success, this bundle covers multiple assets, such as XAUUSD, GBPUSD, EURUSD, EURJPY, USDJPY, GBPJPY and AUDCAD.
One package. Endless possibilities. Take your trading to the next level!
Risk Management Strategy Overview
1. Initial Setup:
Start with 7 EAs, each set to 0.5% risk per trade, on a $100,000 account.
Maximum Drawdown (Max DD):
If all EAs were to fail simultaneously, the total account drawdown would not exceed $3,500 (3.5%).
Allow a maximum of 7 open positions across all EAs initially.
Goal: Trade until the account grows to $103,000 (3% profit).
2. Post-3% Profit Adjustment:
Upon reaching $103,000, adjust the setup as follows:
Reduce the maximum open positions to 3 (from 7).
Increase the risk per EA to 1% per trade.
Maximum Drawdown:
With 3 open positions, the total risk exposure is capped at 3% of the account balance, i.e., $3,090 at $103,000.
Continue trading at these parameters until the account balance grows to $110,000 (10% profit).
3. Profit Cycle Reset:
If the account drops back to the starting balance of $100,000, reset the EAs to the initial parameters:
0.5% risk per trade with a maximum of 7 open positions.
Restart the cycle with the same 3% profit milestone.
4. Max Drawdown Safeguard:
To further protect the account:
If Max Drawdown is reached (e.g., $3,500 for the initial setup or a user-defined percentage), stop trading for the day.
Customize the drawdown stop limits using input settings:
Set a specific drawdown percentage (e.g., 3.5%) or a dollar amount (e.g., $3,500) to automatically halt all EAs.
Key Benefits of this Approach:
Dynamic Risk Adjustment: Balances growth potential with conservative risk when the account fluctuates.
Drawdown Management: Ensures losses are controlled, preventing emotional or reactive trading.
Customizable Automation: Provides flexibility to adapt drawdown thresholds to individual trading goals or preferences.
This cyclic and dynamic approach ensures steady growth while protecting the account against substantial losses, with safeguards to pause and re-evaluate if thresholds are breached.
