Trial - Phoenix Ultimate AUDCAD

Important
This is a trial version of the EA, designed exclusively for backtesting purposes. It enables you to validate backtesting performance, assess profitability, and confirm if it aligns with your trading criteria and expectations.

To unlock live trading capabilities, please consider upgrading to the full version.

What is Phoenix Ultimate Project?
Phoenix Ultimate is a Risk Diversification Project which was meticulously engineered to maximize portfolio equity throught a specific custom engineered set of Expert Advisors (EAs), each meticulously crafted to provide unmatched risk diversification in dynamic trading environments to be used on MT5 trading clients.

When you buy with us a specific product we make available to you the MT5 version.

Developed by Algorithmic in Switzerland, Phoenix Ultimate is the culmination of years of dedicated coding, rigorous testing, and continuous refinement.
Recognizing that markets operate in cycles upward, downward, and sideways trends and in seasons, Phoenix Ultimate bridges the gaps that single-strategy approaches leave, delivering a strategic blend of algorithms optimized for sustained portfolio resilience.

Purpose
With Phoenix Ultimate EAs you can target several assets on the same account, allowing different Symbols on same portfolio mitigating risk. Like this, Phoenix Ultimate allows you to deploy a variety of algorithms across separate MT5 terminals on the same account, allowing for risk to be effectively spread across diversified strategies.

This comprehensive approach enables automatic adjustments based on market conditions, improving portfolio resilience and optimizing long-term outcomes.
Through the combination of its rigorous validation process, adaptable strategies, and real-time news-based risk management, Phoenix Ultimate is engineered to deliver powerful, risk-mitigated trading, ensuring stability and growth in fluctuating market conditions.

Phoenix Ultimate is a meticulously engineered portfolio of Expert Advisors (EAs), each meticulously crafted to provide unmatched risk diversification in dynamic trading environments.
This code and development process is the culmination of years of dedicated coding, rigorous testing, and continuous refinement.

A Premier Selection Process.
Each EA in Phoenix Ultimate underwent extreme backtesting, with only the top 5 emerging from an intense pool of 21 million cycles. Each EA then faced a further 1.7 million individual optimization iterations, with just 1 in every 1.7 million cycles passing our stringent validation criteria.

Tested on Premium Data sets (Swiss DukasCopy tick data, FTMO data, Metaquotes, Blackbull, EightCap and DawrwinX) spanning 2016 to 2024 which we call DataHorizon, this intense evaluation ensures that Phoenix Ultimate contains only the most robust algorithms available today.

After rigorous testing, we took this strategy through an unparalleled journey of optimization, starting from a pool of 37 indicators translating into a vast correlation array using cloud computing, data science and incredible software engineering, translating to million of strategies.

We fine-tuned them, validated them, forward-tested and revalidated them, normalizing
the code, and running them through Monte Carlo simulations for stress-testing.
And as if that wasn't enough, we subjected them to multi-market validation for ultimate performance.

This is more than just an algorithm, it's a one-of-a-kind trading tool crafted with precision and persistence.

We're proud to share it with you, enjoy the power of elite algorithmic trading!
Phoenix Ultimate’s Comprehensive Validation Process
Every EA in Phoenix Ultimate was rigorously vetted through a several stages of validation process to ensure consistent performance and durability across diverse market conditions:

Full Data Optimization
Each EA is initially tested across comprehensive historical datasets to identify top-performing parameters across various conditions, creating a strong baseline for further testing.

1. Walk Forward Validation
Walk Forward Analysis (WFA) or Walk Forward Optimization (WFO) is a sequential optimization applied to an investment strategy. The name of the analysis is called “Walk Forward” because we have a moving window that progressively traverses the whole period of the data history with a pre-established step.
Algorithmic traders apply this type of analysis to decrease the over-optimized parameters used in the investment strategy as we don’t want only a great looking backtest result, we also want a system that doesn't fail in a live, real money account.

2. Monte Carlo Validation
To assess each EA’s resilience against randomness, we apply Monte Carlo simulations, introducing variations in market data and trade sequences. This step ensures stability amid market volatility.  Monte Carlo is the best tool for testing the strategy robustness. When you create a strategy, you see its backtest statistics. However, the strategy might be over-optimized (curve fitted). The goal of the Monte Carlo tool is to verify that the strategy is not over-optimized.

3. Multi-Market Validation
Each EA is then tested across multiple asset classes and market types, proving its versatility and adaptability beyond specific market conditions.

4. Normalization
In this final phase, each EA’s parameters are refined to ensure stable and consistent behavior across all market phases, supporting reliability regardless of market shifts.
The Normalization process tries to make a strategy tidier and at the same time, it is capable of increasing its performance.
We believe a strategy is better when it has a lower number of components and when their indicators have more meaningful parameters.

Through these stringent processes, Phoenix Ultimate delivers a high-performance suite of EAs that embodies stability, adaptability, and balanced portfolio growth.

Integrated News-Based Risk Management
Phoenix Ultimate incorporates advanced risk management by integrating high-risk and medium-risk news alerts via our REST API.
This feature automatically pauses trading activity five minutes before and after high impact news events and two minutes before and after on medium impact news events, reducing exposure to high volatility and adding a critical layer of protection for your account.

Engineered to Exceed in Prop Firm Standards
Phoenix Ultimate is designed to meet prop firm standards with strict acceptance criteria, including custom definition on following risks/thresholds criteria:

1. Position Sizing based on % defined of account balance instead of lots. you can choose from 0.10, 0.25, 0.50, 0.75, 1.0, 2.0 and 5.0% of the account balance.
2. Entry Protections
- Max Spread
- Max Open Positions on all experts (same account)
- Max Open Lots on all experts (same account)
3. Daily Protections
- Max Daily Loss (currency)
- Max Daily Drawdown %
4. Account Protections
- Min Equity (currency)
- Max Equity Drawdown %
- Max Equity (currency)

Backtested from 2008 to 2024 - Last 16 Years of data
(Swiss DukasCopy tick data, FTMO data, Metaquotes, Blackbull, EightCap and DawrwinX)
Only EAs Symbols that meet these benchmarks were selected for real-market optimization, ensuring high performance and reliability in professional trading environments.

Entry Strategy:

• RSI (Relative Strength Index): The EA enters a trade when the RSI crosses below a specific level line, signaling that bearish momentum may be building as the market enters potential overbought or weakening territory. This crossover acts as a clear indicator to initiate short positions, aligning with possible trend reversals.

Exit Strategy:

• Bollinger Bands: To secure profits in downtrends, the EA exits trades when a bar opens above the upper Bollinger Band. This signals that the price may be overextended to the upside, indicating a potential shift or slowdown in the bearish trend.
• ATR (Average True Range): The ATR indicator is used as an additional filter to confirm exits. When the ATR crosses below a defined level line, it signals reduced volatility, suggesting a loss of momentum in the bearish trend. This dual-filter exit strategy with Bollinger Bands and ATR helps lock in profits before market conditions reverse.

Recommended Settings:

Instrument/Symbol: AUDCAD
Timeframe: M30

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:

1. Dynamic Risk Adjustment: Balances growth potential with conservative risk when the account fluctuates.
2. Drawdown Management: Ensures losses are controlled, preventing emotional or reactive trading.
3. 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.

Risk Recommendations for Prop Firms:
- We suggest using a risk level from Extreme Super Low (0.10%) to High (1.0%), depending on your risk tolerance and prop firm guidelines.  

Leverage Recommendations:
- Prop Firms: Optimized for 1:30 leverage; recommended for stable performance under prop firm conditions.  
- Personal Accounts: You may experiment with different leverage settings, though 1:30 is suggested for optimal performance.  

Recommended Account Sizes:  
- Prop Firms: Minimum recommended balance of $10,000 USD for stability and effective risk management.  
- Personal Accounts: Suitable for smaller accounts, starting from $1,000 USD and up.  

Risk Settings for Individual Personal Accounts:
- Tailor risk settings to your personal preferences, with a range from 0.10% up to 5% risk available for selection.

Important Recommendation:
To ensure the EA aligns with your trading goals and risk management preferences, we highly recommend the following phased testing approach:

1. Demo Testing: Begin by running the EA on a demo account (e.g., FTMO Trial) to get familiar with its strategies and performance in simulated market conditions.  
2. Challenge Validation: Once satisfied with demo results, test the EA in a live challenge environment, starting with a manageable $10,000 account. This step allows you to validate its performance in real-time conditions.  
3. Incremental Scaling: As you confirm positive results, increase your account size incrementally to $50,000 and later to $100,000, validating the EA’s consistency and adaptability at each phase.

This methodical approach helps build confidence in the EA’s performance, supporting a smoother transition to live, scaled trading.

Note 
Please enable the news filter and add the following URL on your MT5 terminal under TOOLS > OPTIONS > EXPERT ADVISORS > ALLOW WEB REQUESTS for Listed Url > https://news.algorithmic.one

Support:
For support please message us anytime on support@algorithmic.one.
There is no single click and its done for everyone, that is a true misconception that its required to understand before actually trading live.
Only do so when you have sustainable support metrics for that purpose and the road to reach them is to undergo optimization.

Release Roadmap and Lifecycle:
We do weekly updates as part of our development lifecycle and we value your input in which we translate it into a better functionality.

Risk Warning:
Before you buy Phoenix Ultimate EA please be aware of the risks involved.
Past performance is no guarantee of future profitability (EA could also make losses).
The backtests shown (e.g. in the screenshots) are highly optimized to find the best parameters, so the results are not transferable to real trading.
Please do not invest or risk money you cannot afford to lose.