FAQ
Q: You are using Martingale? Isn't that risky?
No, the PID5 doesn't follow the Martingale's methodology to the letter, but actually it is a completely new strategy that springs out from this idea. Quasi (meaning “almost, but not quite”) is what best to describe this principle. When ever a market moves to the other direction, the Maximizer manager will strategically place its subsequent positions - usually at the tip of the opposing trend when it is about to retract again. This will ensure that the account doesn't get blown like the way traditional martingales do. The Maximizer watches the current trend and will evaluate carefully before placing a trade - in the end whether it is a slow trend or a steep spike, the Maximizer knows what to do and when to place its trades.
The Maximizer module is not included in the Lite version.
Q: Don't you think the drawdowns can be little bit scary at times?
I agree that there will be times when the drawdowns can drive someone with a weak heart some chest pains. That is just how the market behaves, unfortunately. However, what we need to be aware of how this EA handles these drawdowns. This EA have been extensively tested in our labs so that its risk settings will never allow it to drop its margin level below 100%. All the trades and the lot sizes placed by this EA have been calculated to take into account the margin levels – and it will not place any unnecessary trades that will put itself at risk.
But in the rare event that the margin level does drop below 100%, then SecureMode manager will take over control, closing all profitable trades thus releasing the margin while managing the currently loosing ones back into profit. No new trades will be placed during this time to protect the margin. Once things have recovered normally, the AutoRiskConfigurator will reassess the incident and readjust the risk levels automatically. The control is passed back to the EA and trading will restart as usual.
To be honest, the EA has been optimised and has been “taught” to not taking any risks that will cause its margin level to drop below 100% anyway, thus the SecureMode manager is probably one of the most relaxed managers among the four.
My advise is not too look at the screen too often. Let it work itself out automatically. By not looking or staring at what it does, you will feel much better – honest.
Q: Your recommended minimum capital is a little bit too high. Can I start with a smaller capital?
Starting with a smaller capital will increase the risk substantially. With a smaller capital, your equity will be small too, thus whenever you open a trade, your margin level will always remain dangerously low.
One possible way to start with a small capital is to trade on a few and selected number of currency pairs only. In our labs it is possible to run the EA on the EUR/USD pair alone with a $100 start capital – however the returns will be slow and small.
If you really need to start with a small capital, please discuss with us the details and requirements when you purchase the EA. We will calculate and tailor made the risk levels with your affordability accordingly. We will not be responsible for your account hitting margin call if you do not consult us with your intention to start the EA with a capital smaller than the recommended minimum, so please get in touch with us before committing into this.
