Are you tired of manually analyzing the market and struggling to make profitable trades? Look no further than Rio EA – the ultimate forex robot for traders who want to take their trading game to the next level. Our complex and novel algorithm uses Artificial Intelligence in combination with traditional technical analysis to predict market movements with unparalleled accuracy.
Rio EA employs Recurrent Neural Networks, specifically Long-Short-Term-Memory cells, that are trained using data from technical analysis indicators. By learning which indicators are most relevant for future price movements, the EA can act upon them in real-time. Plus, LSTM networks are particularly suitable for time series analysis, which means Rio EA can consider both short- and long-term historical data to make informed trading decisions.
But what sets Rio EA apart from other forex robots on the market is its risk management strategy. Our default version does NOT use any dangerous methods like martingale, smart recovery, grid trading, or averaging, which are known to cause significant losses. Instead, every position has a fixed Take Profit and Stop Loss set from the beginning. You can even customize the values if you like, but we recommend sticking with the default values, which were optimized for a prolonged backtesting period. Plus, there will always be a maximum of one open position at a time, except if you choose to use the recovery mode.
Rio EA was initially trained to learn the historical market movements of the EURUSD pair. However, you can experiment with other currency pairs and use any timeframe chart, knowing that the EA will always work in the same way. Plus, you can customize the trade settings, including dynamic lot (per 1000 balance), max lot (absolute), take profit (pips), stop loss (pips), and max spread (points), to suit your trading preferences.
If you’re looking to recover from a losing position, you can activate the recovery mode and set the number of recovery trades, start recovery at loss (pips), recovery trades distance (pips), recovery profit target (pips), and recovery lot percentage (%) to your liking. Each recovery trade will bring the take profit closer to the current price while keeping the stop loss intact, making it easier to recover from losses and maximize profits.
We understand that past performance is no guarantee for future results, which is why we encourage you to backtest Rio EA before making any trading decisions. Our Neural Network was trained and tested for the backtesting period between 01.01.2010 and 31.12.2022 on 100% history quality data. Additionally, the EA was forward-tested until February 2023. You can replicate the backtest results from the screenshots below by using the recommended backtest settings.
Investing in Rio EA involves risks, and we urge you to understand the risks involved before making any purchase. However, if you’re ready to take your trading game to the next level and optimize your trading performance, Rio EA is the ultimate forex robot for you. If you have any questions or need help setting up the Expert Advisor, please do not hesitate to contact us through PM. We will always try to reply as quickly as possible. Don’t wait – get Rio EA now and experience the power of Artificial Intelligence in forex trading.