In the beginning there was Crescendo… 4 year ago it was made public and since then we’ve been working on improving the basic strategy and the first result of this continuous research was ForteFX.
ForteFX has been the second generation and it was a great step toward the improvement of overall performances. ForteFX was like two Crescendo EAs trading at the same time, one dedicated to the long trend and one to the short trend. We also implemented much more advanced trend scores based on our most powerful trend indicators (PotenzaFX and PowerbarsFX).
After one year we are ready to take another step forward and to release our next generation EA: FortissimoFX.
When developing it we decided to put in it the best things we developed so far. Everything is embedded and you won’t need any external additional indicator or tool.
Dynamic Trend Score
PowerbarsFX gradually performs a more long-term analysis as the number of trades increases.
Our aim is to open new trades as safely as possible when the EA gets caught in a drawdown phase. A trend algorithm that is able to gradually morph itself from a set to trading timeframes to another is just one piece of the puzzle.
We also want to do the following:
- to make sure that the distance from one trade to the next doesn’t get too small when we are dealing with larger lot sizes
- to be able to set more strict criteria on the thresholds of trades that get opened with a larger lot size
- to monetize in a safe way from the movement that is taking place in the “wrong” direction (causing the drawdown phase)
We’ve implemented all these mechanisms into our new grid trading system.
The minimum distance imposed between consecutive trades changes dynamically.
We take into account the “dynamic order step” (calculated with ATR) that is currently implemented by ForteFX, but we also monitor the distance between the two most recent trades. And we can impose that this distance gets a bit larger (e.g. 5% or 10% larger) while we add new trades. Of course this distance must also be larger than the current dynamic order step.
If the EA authenticates you are sure that everything is setup properly (no more dealing with external indicators).
Embedded RangoFX (NEW!!!)
Now FortissimoFX can take advantage of our latest trend indicator: RangoFX.
As for all the other trend scoring indicators, RangoFX is embedded into the EA so you don’t necessarily need to install the indicator file in your MT4 platform.
RangoFX follows the same approach of PowerbarsFX, however the ”multiple timeframes” are replaced with “multiple price ranges” which make this indicator much more resilient to false trading signals that arise during tight ranging paeriods.
The EA is fully compliant with FIFO and No-Hedge rules without installing any other platform/software. This is a particularly good news for all our customers from the US that know well how several automatic strategies have been negatively impacted by the new regulations. With FortissimoFX you don’t need to worry anymore
Custom Trend Thresholds
The user can set specific criteria for each trade.
Now it possible to fully customize the thresholds that are applied to “additional trades” (i.e. trades opened after the first one in a given sequence). As an example we may put: additional_thresholds = “n;n;2;2;3″, which has the following meaning:
- don’t apply any threshold when opening the 2nd trade
- don’t apply any threshold when opening the 3rd trade
- apply a threshold >= 2 when opening the 4th trade
- apply a threshold >= 2 when opening the 5th trade
- apply a threshold >= 3 when opening the 6th trade and all the following trades
An approach like this one makes sense in many situations because we exploit the natural market “noise” during the first transactions, while we put more restrictive criteria on subsequent transactions that get opened with a larger lot size.
Lot Size Balancing
An option for increasing the lot size in one direction when the EA is stuck in a drawdown phase in the opposite direction.
Sometimes a drawdown phase can last quite a bit of time and it’s a pity than we cannot cash enough money in the opposite direction, so to increase the account balance and improve the equity. However opening trades with the same lot size in the opposite direction is extremely risky, because the EA can suddenly get caught in a reversal and make the drawdown phase only worse.
In other words we must make sure to increase the lot size in the opposite direction in a “smart” way, so to profit from the drawdown phase and keep the risk under control at the same time. We’ve found that a logarithmic formula for increasing the lot size provides the best balance in this effort, and we are currently using this feature.
The user can change the chart TF without affecting at all the EA’s behavior. So you are sure FortissimoFX is always running properly even if you play on your charts
Backup of Trade Sets
All the information about virtual trades is continually stored in the platform, so the user can easily migrate the EA from one PC to another.
Executable Installer (for Build 600+)
No more dealing with individual files for the setup, the installer does it all.
Only Parameters that Matter
The number of input parameters is greatly reduced and simplified.
Each of these new feature took us hundreds of hours of research, development and testing. But we know that every single hour is worth the result we’ve been able to have.
FortissimoFX includes software that has been continuously tested for several months now, so we expect it to be particularly reliable despite the fact that it’s pretty complex.
For the first time we can show you LIVE performances
on a dedicated REAL LIVE account.
Although the strategy can work pretty well on any reputable broker, we personally use and suggest FinFx which offers top-rated liquidity providers and very competitive spreads.
What You Get
- FortissimoFX EA
- NEW RangoFX Indicator (EMBEDDED version only)
- Installer and set files in order to have it up and running in minutes
- An online manual with instructions
- Email Support