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Training Video_49

 

DSTfx01 forex trading robot

This video introduces you to theDSTfx01 robot and helps setting up a ZuluTrade account to follow the signals of DSTfx01.

DSTfx01 or Digitalized Stochastic Transform forex robot 01 is a trend following robot  using a digitalized smoothed stochastic transform for the basic creation of buy and sell signals.

Once a trade established, it will be closed either by an inverse DST signal, by a stop loss setting or by a profit target setting.

The DST system is designed for a 15 minute EUR/USD time frame. Trading is normally done within selected hours only. The DST system does not use position sizing.

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With this video I want to introduce my forex trading robot system DSTfx01. You can follow the trading signals of DSTfx01 life with ZuluTrade. The DST Digitalized Stochastic Transform is a trend following system designed to trade profitably the forex market using the EUR/USD currency pair.

The DST Digitalized Stochastic Transform is a trend following system designed to trade profitably the forex market using the EUR/USD currency pair. It is based on the idea that any market has to make regular larger moves for traders to stay interested in trading that market. DST uses a digitalized smoothed stochastic transform for the basic creation of buy and sell signals. Once a trade established, it will be closed either by an inverse DST signal, by a stop loss setting or by a profit target setting.

An important factor to make profitable trades is the timeframe. A small timeframe like 1 minute and 5 minutes creates swings not large enough to be profitable for a trend following system. The DST system is therefore basically most profitable using a 15 minute time frame. The final result is also dependent of the trading hours and the use of a profit and loss target. Using appropriate settings for all of these parameters creates a profitable DST system. The DST system does not use position sizing to avoid large single trade losses.

 

For back testing DSTfx01 I used the following parameters:
Initial deposit $1000, trading long and short the 15 minute EUR/USD currency pair with a fixed lot size of $1 per pip. A pip here means a price change of $0.0001. The first buy signal was September 21 2009 and the last closed trade was May 20 2010. In this period of about 8 Months DSTfx01 generated  a profit of $3195 or more than 300%.

In this graph you can see the evolution of the equity during the trading period. Important information here is that there are no extreme losses during the whole period. That makes the system quite secure and solid.

The big advantage of DST is of course that it makes profits running fully automatic. Eliminating human interference and mistakes. The built in stop loss limits the risk on every trade to a level that, for a lot size of one, DST can be run with a starting capital as low as $1000 on a mini account with $1 per pip or just $100 using micro lots for $0.1 per pip. For higher profits you can go up to 3 lots. Never use lot sizes bigger than 3 with DSTfx01!

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Let's perform the same test, but now on a month by month basis. The result shows that even re-starting every month with just $1000 capital DST still gives a profit of $3132 or 313% on the basic capital of $1,000 in the period October 2010 till May 20, 2011. Of course, you could use excess capital to open additional accounts or use higher lot sizes to multiply profits.

Important Advice:

Do not risk money using any robot system like DST if you are not prepared to lose your investment in full. Idea is also that if things go bad, do not stop after the first failure. The minimum starting capital to trade with DST on a mini account is $1000 or just $100 on a micro account. If you want to reduce risk, you should start with a higher amount. This is of course specifically advisable if you start using DSTfx01 with higher lot sizes.

DO NOT use lot sizes greater than 3, unless you also multiply your trading account! When making profits, use the excess capital to open additional accounts or to trade higher lot sizes to multiply profits.

You can trade automatically on the signals of DSTfx01via ZuluTrade. There is no cost and you can even start with a demo account or with a very limited amount trading micro lots. Creating this video May 27, 2011, I started DSTfx01 on ZuluTrade a day ago, so I had to force a bit the first 31 trades to get listed. Therefore these trades are not a good reference. My real start will be beginning next week. Want to try it out?

Then go to my website stocata.org or to the direct link mentioned on this picture:
http://stocata.org/forex_autotrading/dstfx01/dstfx01_2.html.
This is page 2 with information about the DSTfx01 trading robot system. Read all about the system and back test results on part 1 and 2.

At the bottom of the page click on "this link" to get started. You will be able to subscribe to DSTfx01 or other signal providers and other systems' of mine that will be started later on. I have made a first small collection of traders I myself would risk to trade with.

The ZuluTrade page is opened and you will see on the left side DSTfx01 as signal provider.  Now click OPEN ACCOUNT in the top menu.

You can now go for a live account or a free demo account. Selecting LIVE account will bring you to the preferred broker AAAFx (Triple-A Forex). You are of course free to use your own broker to setup an automatic trading link, verify if your broker is supported. If you have to make a choice, my advice is to use Triple-A Forex for the low slippage and direct connection with ZuluTrade. I use a demo account at Triple-A Forex to generate the buy and sell signals and I will be using a live account at Triple-A Forex to follow up the real results of a linked account.

Creating a live account is straight forward and takes very little time. Remember, if you want to trade mini lots, meaning $1 per pip, you should deposit minimum $1000 to trade with DSTfx01.

Or you can create a demo account at ZuluTrade if you want to try it out first.

Once you have an account, you can link DSTfx01 to your account. From that moment on trading will be done for you automatically by DSTfx01. To create this link start new from my website and click on "this link".

Here click on DSTfx01 as your signal provider.

In the details page now click on "Add to Portfolio". Don’t worry about the statistics for now, remember I had to force enough trades to get listed.

You will now have to login to your ZuluTrade account or you can be logged in already.

In the window "Add DSTfx01 to your Portfolio" you now have to set how many lots you want to trade. This would be 0.1 ($1 per pip) on a mini account with minimum $1000 starting capital or only 1/10 of that if using a micro lot 0.01 ($0.1 per pip). Next you have to set what the maximum number of open trades can be. 95% of the time this will be only 1 lot for DSTfx01. Very rare this could be 2 lots. So, my advice is to set it at 2 lots. Next click on "Add to Portfolio".

You can now follow up the trades in your account. You can enable or disable a signal provider. You can disable the account, select your preferred lot size and the maximum open lots for the whole of your account or if you want a fixed or balanced lot allocation.

That's it! Ready to make profit while you sleep!
Good luck…

This is the end of this video about my automatic trading robot DSTfx01. You can link your forex account to this robot. It will trade automatically for you. Tell your friends about my videos and while visiting my website order my book “Capturing Profit with Technical Analysis”. Follow my weekly updates at my website stocata.org about the S&P500 index and the EUR/USD FOREX pair and profit from free SATS5 expert signals. See you in my next video.

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