Hello members

I hope you will all enjoy this trading system

The Rationale behind this trading system are as follows.

Simplification is the rationale behind the development of GOmega Xray.

Many of GOmega’s complex components have been modified and combined to produce a simple system with a simple mission:

Hit your profit targets at several times your initial risk, or exit the market with a 1% loss of capital.

This means that Xray takes a much longer view of market conditions than you may be used to. In fact, it could be in a trade for several days, even in the lower time frames, as it moves forward with its mission.

GOmega Xray is different from previous versions in several distinct ways:

1) Xray was created to make slow, but steady gains employing a loose stop loss, smaller position size, and higher Reward/Risk ratio. In that sense, it’s a bit like buying options. You know your risk and your potential return ahead of time, but you may have to wait a while to reap rewards.

2) In addition to a profit target, Xray includes a reward to risk component.

3) With Xray, your profit target and risk/reward ratio are integrated into the system’s position sizing algorithm.

Example: $5,000 account, risking 1% of the balance, 300-pip profit target, R/R ratio 3.5:1 yields an 86-pips stop loss and a position size of .06 lots-calculated automatically.

4) Xray compares the relative strength of each currency against all crosses of each currency in the pair you are trading, and filters entries based on that information.

5) The system measures volatility in two distinct ways, combining standard deviation and average true range into the market pulse indicator, which identifies areas where market action is picking up and trends may be under way.

6) Xray distinguishes between “random” market movement and trending movement through its proprietary Randomness indicator.

7) Automatic scaling out-when a predetermined fraction of the target is reached, Xray will liquidate 50% of the trade’s position size.

8) Xray has fewer parameters. Most are fixed or limited to a narrow range.

9) Xray can be traded 24/7.

10) An optional trailing stop loss is included among Xray strategies.

The combination of these components makes GOmega Xray a powerful trading system.

To know more about this Autotrader visit www.gomegatrader.com



Thank you.