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Trade Algorithm Elite

247 members • $2,997/y

Freedom Team Trading

1.9k members • Free

13 contributions to Trade Algorithm Elite
🔑 Risk Control: The Key to Long-Term Success
Hey everyone, Although our new setups are all live (except USDJPY), it’s important to remember that risk management is still a key factor for long-term success. Even if you are trading different strategies or instruments, many assets can move together if they share the same currency (for example EURUSD and XAUUSD). This correlation can increase your effective exposure and overall risk. 🔑 Key Points: • Normal Drawdowns: Each strategy is designed to have occasional drawdowns. 1–2 losing trades in a row are completely normal. • Multiple Strategies Together: Running several setups at once can result in overlapping losses. Example: 3 setups at 1% risk each could mean a 3% daily drawdown if they all lose simultaneously. • Risk Adjustment: • If trading multiple strategies → lower the risk per trade (e.g. 0.25–0.5%). • If you prefer higher risk (e.g. 1% per trade) → select only 1–2 core setups (for example EURUSD + Gold). • Prop Firm Accounts: These have tighter rules. Think in terms of the overall portfolio, not just individual strategies. Suggested Approach: • Evaluate whether it is more suitable for you to operate multiple strategies with reduced risk per trade. • Alternatively, consider focusing on a smaller selection of high-conviction setups while maintaining a standard risk allocation. Managing risk wisely is what keeps you in the game and growing consistently. And remember, if you’d like personalized guidance, we’re happy to arrange 1-on-1 support with our support team to help you set things up properly. https://tradealgorithm.co.uk/support
2 likes • 21h
Completely agree. You have a positive win rate but a negative PnL. I like the way you compose this. Will help to select if all strategies is the best option or if focusing on a subset is the better way. I was thinking instead of using a larger account with e.g. 3 Forex currencies, using 3 smaller accounts each with a single strategy. Not yet done with my analysis ... Thanks for sharing!
📢 Announcement — Updated Setups & Backtester
Hey everyone, The new automation updates went live over the weekend — here’s what’s new: 🔹 Live Setups EURUSD, GBPCHF, and XAUUSD are now running on the updated strategies. You can find more details about the strategies here: https://www.skool.com/tradealgorithmelite/classroom/51ff4d9a?md=5d9f716a24b24aaeb0a56617c532b586 🔹 More Markets Coming USDJPY and XAGEUR are in final testing and will be added shortly. For now, you can preview them in the backtester. 🔹 Enhanced Backtester (v2.1) The backtester has been upgraded to version 2.1, showing performance tailored to your account. 👉 Reload TradingView and re-add the backtester to your chart to start using the update. 🔹 What’s Next This is just the start — new automation tools and additional platform integrations are on the way to keep improving performance. 🔹 Support Need help? Reach us at support or message me directly - https://tradealgorithm.co.uk/support
4 likes • 4d
yes, we got it solved ... I hope all is setup just fine ... Thx
0 likes • 2d
@Paul Harper @Ivan Zatolyuk I am happy to hear this, Paul! Congrats. I must say that I have not had any trades and the last one was a loss (using the Forex EURUSD, GBPCHF, USDJPY. I am wondering what is setup wrong with my automation ...
Ivan provides great help!
Thanks for the online session. Was very helpful!
New Member...
Hey guys... happy to be here and see such a great community.. Lots to learn.. Been trading for a while on and off and have been down all the rabbit holes... Now I need to make this work.. Looking forward to your guidance and support.. What goes down must go up... correct! 😊
3 likes • 15d
You are welcome!
📢 Updates to Automated Strategies
Hello everyone, Our team has been developing and testing enhanced versions of our automation setups with the goal of improving performance, consistency, and diversification. We’re pleased to let you know these updates are now available for you to review. ⚠️ Please note: these setups are not live just yet — once our final checks are complete, we’ll notify you right away. ⸻ Key Improvements: • Greater Consistency → Strategies have been moved to higher timeframes to reduce short-term noise and improve long-term stability. • Stronger Risk Management → Average drawdowns have been lowered across the board. • Improved Precision → Execution filters for volume, volatility, and sessions have been refined to avoid weaker periods and focus on high-probability trades. ⸻ 🌟 New Addition: Silver Strategy: We’ve also added a new Silver strategy to expand your options for diversification. To connect this setup, you’ll need to map the symbol on the duplikium platform. 👉 Detailed instructions are available https://www.skool.com/tradealgorithmelite/classroom/51ff4d9a?md=34ca5d514ffa4e3e88c9b2731ac4de22 ⸻ Important Notes: It’s important to remember that no strategy produces results in a perfectly straight line. Markets move in cycles, and while the past couple of months have presented challenges, these updated setups have been designed to deliver stronger long-term consistency and resilience. We’re also preparing to release the backtester tool, which will allow you to run detailed analyses and review performance tailored to your own account and preferences. This will be released when the strategies go live. ⸻ Next Steps: All results, including detailed breakdowns and performance charts, are now available in the Classroom section, https://www.skool.com/tradealgorithmelite/classroom/51ff4d9a?md=5d9f716a24b24aaeb0a56617c532b586
3 likes • 17d
... we can see the presents, but we are not yet allowed to open them :-)
1-10 of 13
Rainer Michelis
3
15points to level up
@rainer-michelis-1022
Investing for many years. Started to trade and day-trade. Not the best, but at least profitable :-)

Active 8h ago
Joined Aug 10, 2025
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