bangteh
Joined
May 30, 2021
Connections
1
Experience
3-5 years
Location
Malaysia
Bio
Education: I graduated with a bachelor's (Honours) in electronic engineering.
Professional Role: Currently working as an IT Executive at a multinational corporation (MNC).
Part-Time Passion: In my spare time, I specialize in coding Expert Advisors (EAs) using MQL5 language for MT4 and MT5 platforms.
Website: linktr.ee/ikhwan88
Professional Role: Currently working as an IT Executive at a multinational corporation (MNC).
Part-Time Passion: In my spare time, I specialize in coding Expert Advisors (EAs) using MQL5 language for MT4 and MT5 platforms.
Website: linktr.ee/ikhwan88
Trading style
[Trading Style Overview]
1. Automated Trading with Expert Advisor (EA):
Custom-Built EA: I’ve developed my own Expert Advisor, which automates trading decisions based on predefined criteria. This helps in executing trades efficiently and consistently without emotional bias.
Algorithmic Precision: The EA follows a set of rules and algorithms to identify trading opportunities, manage trades, and optimize performance.
2. External Indicators for Trend Prediction:
Trend Prediction Indicators: I use three external indicators specifically designed to predict market trends. These indicators help in identifying the direction of the market, whether it’s bullish or bearish.
Manual Intervention: In cases of high drawdown or to maximize profits, I will manually intervene based on the signals from these trend prediction indicators. This adds a layer of human judgment to my automated system.
[Key Features and Benefits]
Risk Management: By combining automated trading with manual oversight, I can better manage risks and respond to unexpected market movements.
Flexibility: The ability to manually enter or exit trades based on trend predictions allows me to adapt to changing market conditions.
Profit Maximization: Using trend indicators to guide manual entries can help capture more profitable opportunities that the EA might miss.
Drawdown Control: Manual intervention during high drawdown periods can help mitigate losses and protect my capital.
[Potential Challenges]
Complexity: Managing an EA and manual trading can be complex and requires a good understanding of automated systems and market analysis.
Overfitting: There’s a risk that the EA or indicators might be overfitted to historical data, which could affect their performance in live trading.
Emotional Discipline: While manual intervention can be beneficial, it also requires discipline to avoid emotional trading decisions.
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CAUTION:
Trading in financial markets carries a high level of risk due to market volatility, leverage, and the potential for significant losses. New traders must start with a demo account to practice and understand the dynamics without financial risk. Always trade with money you can afford to lose, ensuring that your essential financial needs are not jeopardized. Proper education, risk management, and emotional discipline are key to navigating the markets safely.
1. Automated Trading with Expert Advisor (EA):
Custom-Built EA: I’ve developed my own Expert Advisor, which automates trading decisions based on predefined criteria. This helps in executing trades efficiently and consistently without emotional bias.
Algorithmic Precision: The EA follows a set of rules and algorithms to identify trading opportunities, manage trades, and optimize performance.
2. External Indicators for Trend Prediction:
Trend Prediction Indicators: I use three external indicators specifically designed to predict market trends. These indicators help in identifying the direction of the market, whether it’s bullish or bearish.
Manual Intervention: In cases of high drawdown or to maximize profits, I will manually intervene based on the signals from these trend prediction indicators. This adds a layer of human judgment to my automated system.
[Key Features and Benefits]
Risk Management: By combining automated trading with manual oversight, I can better manage risks and respond to unexpected market movements.
Flexibility: The ability to manually enter or exit trades based on trend predictions allows me to adapt to changing market conditions.
Profit Maximization: Using trend indicators to guide manual entries can help capture more profitable opportunities that the EA might miss.
Drawdown Control: Manual intervention during high drawdown periods can help mitigate losses and protect my capital.
[Potential Challenges]
Complexity: Managing an EA and manual trading can be complex and requires a good understanding of automated systems and market analysis.
Overfitting: There’s a risk that the EA or indicators might be overfitted to historical data, which could affect their performance in live trading.
Emotional Discipline: While manual intervention can be beneficial, it also requires discipline to avoid emotional trading decisions.
========================================================================
========================================================================
CAUTION:
Trading in financial markets carries a high level of risk due to market volatility, leverage, and the potential for significant losses. New traders must start with a demo account to practice and understand the dynamics without financial risk. Always trade with money you can afford to lose, ensuring that your essential financial needs are not jeopardized. Proper education, risk management, and emotional discipline are key to navigating the markets safely.
Motto
Life Must Goes On
Chart
Systems by bangteh
| Name | Gain | Drawdown | Pips | Trading | Leverage | Type |
|---|---|---|---|---|---|---|
| WisdomWave1 MT4 | 80.31% | 19.66% | 22785.0 | Automated | 1:1000 | Real |
| WisdomWave2 MT4 | 64.95% | 29.16% | 13839.0 | Automated | 1:1000 | Real |
| WisdomWave3 MT4 | 25.62% | 22.78% | 9824.0 | Automated | 1:1000 | Real |
| WisdomWave4 MT4 | 8.60% | 11.50% | 4622.0 | Automated | 1:1000 | Real |
