HERMES was developed to work on the American steel XAUUSD (GOLD).
HERMES is a long-term Knowledgeable in assertive SCALPING, and so, he can keep 1,2,3 days with out buying and selling, relying on the worth of his “danger (configuration”, however, don’t fret about that, learn beneath!
It has an important capability for low/or 0 drawdown (in commonplace settings), as a result of assertiveness of its entries and scalping (brief) closing.
You’ll be able to go away HERMES in your account and you may even name one other specialist (robotic) to work with it, there might be no issues. Keep in mind to not use a excessive danger configuration (low configuration worth), I will clarify:
Now we have within the robotic settings:
RISK: this default worth is 0.05, that’s, it is going to open orders of two.5 heaps.
The way to calculate the chance: YOUR CAPITAL (50,000 instance) (x) RISK (0.5) (/ divide) by 100, outcome 250 = 2.5 lot.
Instance of 1,000 USD CAPITAL (x) 0.5 = 500 (/) 100 = 5 (on this case the robotic will use 0.05 lot)
PIPS PROFIT: this worth might be in pips for closing the order, the default is 30. Rising this worth will increase revenue, however it’s essential to monitor entries.
START TIME: time at which the robotic begins working.
STOP TIME: time at which it stops working.
POTENTIAL: is the energy at which the robotic will open orders, the decrease the worth, the extra orders in a short while it is going to open. Sure, it is the alternative, decrease worth, extra orders.
I DO NOT RECOMMEND utilizing a worth decrease than (2); the default is (4.1) it’s a protected worth examined on 1 12 months of backtests on actual pips historical past by META TRADER 4.
However, you should use values like 2 or 3 in case you are on the lookout for month-to-month revenue with a low lot, or maintain a worth of 4.1 and enhance the lot (danger), on this case, it might be safer and that’s what I might suggest; (SUGGESTIONS) Suggestion on utilizing a bigger lot (excessive danger), and sustaining potential worth 4.1, would give far more revenue safely, you should use this system on small accounts and use the robotic solely outdoors of volatility (outdoors of stories/excessive occasions affect), resembling FED, FOMC, rate of interest, inflation occasions, you’ll be able to pause the EA 1/2 hours earlier than. You can even preserve 4.1 potential and commonplace really helpful low lot (danger) in accordance with your capital, and use HERMES on a regular basis. There are a number of methods to make use of, select your danger, your out there time, and settle for.
You’ll be able to change this worth (potential) over time (wait a number of days, clearly) and see what works greatest for you.
You can even function manually with HERMES GOLD PRO, within the robotic panel generated in your chart, there are purchase and promote buttons, if you happen to open a place, HERMES will handle it for you =), you needn’t fear .
HERMES GOLD PRO should be used on TIMEFRAME H1, all backtests carried out with historic pips downloaded from the META TRADER web site had been carried out on H1, keep in mind, HERMES is a long-term Knowledgeable in assertive SCALPING, it could take time to open orders, however when it opens it will likely be very assertive on this TIMEFRAME and default settings.
Take pleasure in!
Made with love and care,
– SmatchBR.
