In this topic, we will teach you all the steps for each financial management.
{warning.fa-warning} You are responsible for your financial management, always consider the limitations of the tool. The bot uses external connections, subject to errors and unforeseen events. Therefore, use it with caution, do not use aggressive management and avoid high operational risk.
We currently have the following management options:
This option, as the name suggests, leaves the bot operating only with a defined fixed value. Regardless of what happens in the session, the value remains the same. It is popularly known as FIXED HAND.
Masaniello management has its admirers. Known for being profitable even with a low success rate, it is available in our bot and works in two ways:
The normal mode works with regressive calculations and the progressive mode increases the value for each operation, as long as the capital has also increased.
Both modes offer similar degrees of risk. It is recommended that you do not add the same capital to Masaniello's risk capital that you have available at the brokerage. See an example:
If you have $1000 in the brokerage and you want to put only 10% of this amount at risk, add $100 to your risk capital.
This way, if there is a HIT, you will not lose all your available capital.
As you can see, this is very much in line with the values you have available and the value you wish to put at risk.
The following options are presented in this management:
Capital at Risk: Here, you define the maximum capital you want to put at risk in the cycle.
{danger.fa-warning} Important: This capital may in some cases exceed. This occurs because the bot only stops after exceeding or equaling the value of the defined maximum loss, therefore, if, for example, 1$ is missing to reach the stop and the order value is 10$, it will operate and if it loses, it will exceed 9$ of the your set stop.
Operations: This parameter will be used to define the values of the masaniello cycle. It is the maximum number of orders in the cycle.
{info.fa-info} To be aware of what will happen in the cycle, we recommend using the Excel table provided along with the zip when downloading the bot. The file will be in the Management Spreadsheets folder. We recommend opening with Google Drive for better reading.
Wins: The value you define here is what the cycle will require for profitable orders, therefore, if you define 10 operations and 5 profits you will automatically be giving a margin of 5 errors in the cycle.
Payout: This payout is exclusive to the masaniello calculation, it is independent of the global payout in the general definitions tab. In the excel table, you will also have this parameter, however, for you to define, for example, 80%, in the table add 1.80.
Martingales: This option allows, if there is a loss in an order, the bot automatically enters a "Gale", an attempt to recover on the next candle. Note that this will only continue the masaniello calculation.
Target: The target value causes the masaniello cycle to be restarted. Example, if you set 0.01 and the masaniello cycle profit (not the session profit) is greater than 0.01, it automatically resets the values and resets the masaniello cycle.
Cycle Completed: When the masaniello cycle is completed with gain, you can choose between restarting the operating values or continuing the calculations from where the cycle ended. This creates a kind of leverage in the setup.
Filter Sequence: To facilitate management dynamism, we offer the filtering option to separate masaniello management. How it works?
Masaniello type: As mentioned above, there are two ways to calculate masaniello:
This is masaniello management. Use the table to simulate the values and remember, be conservative.
Martingale management is the most used management in the financial market. It allows you to recover from a loss on the next trade.
Below we will teach you how to correctly configure the martingale options:
Initial Stake: This is the initial value of the operations, it is the first input value of the cycle.
Coefficient: This is the value of the calculation for recovery, ex: If the initial value was $1.00 and it was a loss, the next value would be 1.00 x the Coefficient. Therefore, if the coefficient is 2.3, the next value will be 1.00x2.3, which would be $2.30.
Filter Sequence: To facilitate management dynamism, we offer the filtering option to separate martingale management. How does it work?
Gale Direction: This option allows you to reverse the direction of the gale.
Max Gales: This is the maximum amount of Gales in the cycle. If you add 1 it will do the main order and if you lose it will apply one more gale order.
Gale Cycle: Here you choose how the gale cycle will be applied. You can cycle to the next signal or next candle.
Soros management, unlike martingale management, allows you to leverage value according to the previous order. If the order is won, the next value will be increased according to the coefficient.
Below we will teach you how to correctly configure the soros options:
Initial Stake: This is the initial value of the operations, it is the first input value of the cycle.
Coefficient: - Coefficient: This is the value to be calculated to increase the value. Example, if you define a coefficient of 2.3 and the initial value is equal to 1.00, in case of a win the next value would be 1 x 2.3, that is, $2.30.
Filter Sequence: To facilitate management dynamism, we offer the filtering option to separate soros management. How does it work?
Max Soros: This is the maximum amount of Soros in the cycle. If you add 1 it will do the main order and if you lose it will apply one more soro order.
Soros Cycle: Here you choose how the soros cycle will be applied. You can cycle to the next signal or next candle.
Custom management allows you to manually set the values you want to operate on. This management operates in three modes:
Below we will explain how each management works.
In Soros mode, we will work with leverage. To understand better, we will explain with examples of use:
The bot has 10 levels and for each level 10 value fields. Both starting from 0.
If we configure the first field of levels 0, 1 and 2 with values of 1.00, 2.00, 4.00, the bot will operate on these values if there is a win. In case of loss, it will only remain at the initial value. In case of loss at level 1, it does not go to level 2, it returns to level 0.
Still in Soros mode, if you configure the second field of each level with the value example 6.00, in case of loss in the first value, the bot moves to the next value of the same level, that is 6.00. This is called SorosGale.
Don't be afraid to test it on a demo account to better understand this in practice.
Let's imagine, a value set in the first field of levels 0, 1 and 3. In gale mode, if you lose the first trade, it would move to level two and trade the first set value.
In this mode, he will do this until he wins. But what if you have values defined in the other fields at each level?
Well, in this case, it would go through each level and operate on the values of each configured field until it achieves a win. Once you win, it will return to its initial value.
This is a special management, it reminds a little of gale mode but with a detail that can save your day in trading.
Let's imagine the scenario: Let's imagine the first three fields of level 0, 1 and 3 configured, if there is a loss (HIT) in cycle 0, the bot goes down to level 1 and here it will try to recover the loss from the previous level, the bot only goes down to level 2 if a HIT also happens at level 1.
If at level 1, for example, the bot obtains a victory in the second value and it is not enough to recover the value of the loss from the previous level, it starts again at the same level 1 until successful.
When successful, it restarts the cycle, returning the value of the first field of the first level to the value.
Well, in this guide, we can see that Soros management offers less risk although it requires a higher success rate. The Gale mode offers greater financial risk, but requires a lower success rate and the customized mode offers risks that are within your complete control.
Type of Gale: Here you choose how the gale cycle will be applied. You can cycle to the next signal or next candle.
If win, return to: This option allows, in case of a win where the bot would return to the initial value and cycle, it only returns to the previous level, one level above the current one.
Filter Sequence: To facilitate management dynamism, we offer the filtering option to separate management. How does it work?
Target: The target value is linked to Attack/Defense management. What it means? If you set a target value, e.g. $10.00, the bot will try to recover the loss from the previous cycle + the target value.
Available levels: As we explained above, these are the fields where you define the value of each field according to your needs.
{warning.fa-warning} Disclaimer: You are 100% responsible for your management, we warn you of the possibility of total loss of your investment. Be responsible, test on a demo account as it is the best way to adapt to the tool.