The PID5 for MetaTrader 4
The PID5 is our flagship expert advisor. The PID5 is the fusion of all four autonomous trading codes mentioned below in their fullest glory, packaged in a simple-to-use setup for the experienced and novice traders alike. Setting up PID5 will take less than five minutes, and from there onwards, it requires zero intervention from the trader at all – everything is handled automatically and intelligently. All that left for you to do is just withdrawing your compounding profits!
The minimum capital required to trade using PID5 is $180 on a 1:100 leveraged nano accounts. The PID5 will intelligently watch your account balance and will not trade if your capital is insufficient to protect your account from being stopped out by your broker due to low margin levels.
Please be advised that the minimum required capital to trade using PID5 is not the same from one broker to another. To give you a simple illustration, here is a selected list of brokers and the minimum capital requirement respectively for each:
For nano lot brokers, for example FXOpen, LiteForex, MasterForex (0.001 lot size) or InterbankFX Mini, the minimum capital is $180.
For micro lot brokers (0.01 lot size), for example FXcast, InstaForex, Alpari, RealTrade, FXDD (Mini), ActivTrades, Forex-Metal, TradeView or Interbank FX (Standard), the minimum capital is $1,800.
For mini lot brokers (0.1 lot size), for example FXCM, X-Trade, Tadawul FX, Crown Forex, MIG, IKON Royal, ODL, Invest2Forex, FIBOgroup, FXDD, Forex Trading Edge, FxPro, FastBrokers or ATC, the minimum capital is $18,000.
Please make sure that you have understood this criteria before purchasing a license. To discuss on how to run PID5 on different brokers, please feel free to contact us.
Inside the PID5
The PID5 is a collection of four, ground-breaking autonomous codes, called expert managers, working together to form a solid team in managing trades in the Forex market.
The PID Controller is the back-bone of this EA. It analyzes the analog signal-noise generated by the Forex market , using three different signal-processing equations. The PID Controller, in turn, produces its own signals for the EA, to enter and manage its trades.
There is no indicator in the world, the PID Controller included, which is 100% perfect. When things go the other way, the Maximizer manager will look at the market situation and try to take advantage of the opposing trend, by utilising some sort of "quasi-pyramiding/martingale" effect. But unlike most pyramids/martingales, which only know best how to blow the account out of the water, the Maximizer will communicate with the PID Controller, to strategically place its trades, instead of doing it blindly, like most classic pyramids/martingales do. This quasi-principle of the pyramid/martingale methodology will enable an end result that is not only profitable, but also very safe from all types of market movements – be it sideways, trending or massive spikes.
To adapt itself to varying market conditions, PID5 utilizes the intelligent AutoRiskConfigurator manager, which analyzes the market trends, and automatically adjusts the risk levels. AutoRiskConfigurator also adjusts your trading size, as your account gets bigger, giving you a compounding growth. The innovative code also watches your leverage levels and makes sure everything is in order. When your account grows in size, your broker will start reducing your leverage. If your lot sizes are not managed properly, you can end up with margin problems. AutoRiskConfigurator takes care of this, to ensure that you are on par with whatever leverage levels that your broker has given you.
And finally, the fourth and final but extremely innovative code embedded in the EA is called the SecureMode manager, which automatically activates itself should your margin level drop below 100%. SecureMode will secure all profitable trades by closing them, thus releasing margin, and, at the same time, take over control of the losing trades, and manage them back into profit. Once the situation is brought back under control, SecureMode will transfer control back to the AutoRiskConfigurator, which will then re-assess the risk levels again, finally returning control back to the PID Controller. All this is done autonomously within the EA itself. In simple, plain English: With the AutoRiskConfigurator and SecureMode managers, the EA will not allow itself to get into trouble.
