I am going to explain how to use all 3 versions of Corti to trade so you can decide which is more suitable for your style.
For positive or negative correlated pairs we make profits
(or drawdown ) when one pair moves faster or slower than the other, we can also profit when they are out of correlation before they return to move in sync.
To trade with this versions, you can use a mix of 2 or more correlated positively/negatively pairs.
1.Trade Negative Correlated pairs with Corti v1.3 in 1 direction only.
From the table we see EURUSD vs USDCHF has a negative correlation of -91.
You can use BUY or SELL :
- Buy : EURUSD,USDCHF
- Sell : leave it blank
2.Trade Positive Correlated pairs with Corti v1.3 in 2 direction only.
From the table we see AUDUSD vs AUDJPY has a positive correlation of +92.
- Buy : AUDUSD
- Sell : AUDJPY
By trading this way, we are able to keep the Drawdown in control and wait till we it closes in profit.
You can use this logic for other pairs or create groups of pairs, for example if you want to trade both of them above :
- Buy : AUDUSD,EURUSD,USDCHF
- Sell : AUDJPY
3.Trade Forex Triangular Arbitrages : EURUSD = GBPUSD x EURGBP
- Buy : EURUSD
- Sell : EURGBP,GBPUSD
You can use the same 3 examples above and focus with the VGE Value . There is only 1 settings you need to change if you want to increase/decrease the risk with whatever group of pair you trade.
1: Virtual Fake Basket Trades Settings
– If you are using the groups with 9 pairs , One Directional Groups , i suggest you to use these settings :
- VCVP = 0.02
- VGE = 20
- CVP = 0.02 or depending on your balance
- Close on profit 5 .
To enter more often in the market , just decrease VGE , it will active Real Groups faster .
To enter less in the market for lower risk , increase VGE . Real Groups will be activated less.
This version is designed to autotrade only Negative Correlated Pairs . It will autoscan the forex market and select the most highly negative correlated dual pairs when :
- you add the Corti v3.3 for the first time in the chart
- when it closes in profit
If the price goes against you, it will float less in negative till the negative correlation is restored. It uses the custom made Index indicator to determine the main trend and M15 as entry .
another question: is the FTMO set used for Corti iS v3.0?
Yes,you need to adjust risk settings only.