5 strategies to choose the experts on ZuluTrade
I present below 5 methods to you to parameterize his account Zulu Trade.
- Choice of the signal five of the providers according to the criterion of popularity
- Choice of the signal five of the salesmen of signals according to the Zulurank criterion
- Choice of the 15 best experts within the meaning of popularity and limitation of the number of batches by system provider to 1
- Choice of the 15 best experts according to ZuluRank and limitation of the number of batches by system provider to 1
- Choice of the experts according to 2 criteria: belongs to the signal 100 Zulurank and weakest drawdown.
Before presenting these 5 strategies of choice to you, I make a point of presenting the criteria to you to be taken into account.
This list of criteria is not exhaustive. To find all these criteria in the Performance.
- criteria of performances
- Profit %: to select gaining experts with at least 80% of trades
- Pip: to select providers with at least 1000 pips of profits (the pip is the basic unit on the foreign exchange market)
- Average of pips: to filter all the experts with an average of pips negative or weak (lower than 5 pips).
- criteria of safety
- Max Draw down pips: this criterion is very important, especially if you invest a weak capital at the beginning. It is imperative to choose experts with weak Draw down. (lower than 500 pips). If you have more margin, you will be able to widen this threshold
- Graph: to choose the suppliers of signals with a green, regular graph and crescent
- Open positions: Made attention, some providers leave negative open positions to preserve their good statistics for a long time. It is imperative to choose experts who close their even negative positions.
- criteria of popularity
- Users: to choose experts with at least 100 follower (these follower are as well on accounts reality as demonstration, I asked Zulutrade to be able to identify in the number of users those on a real account)
- stars: the experts with a star are recommended by certain users. I do not use this criterion because certain votes are doubtful.
- red triangle: I strongly disadvise to you taking an expert with a red triangle
- criteria of seniority
- Weeks: to take only experts with at least several weeks of trading. Zulutrade advises at least 10 weeks.
- Trades: to choose experts with a significant number of trades. (threshold recommended: at least 100)
- criteria of speed and effectiveness (optional)
- Average of the trades (hours): this criterion is an important criterion for me, I tend to retain only the experts with one intermediate duration of trades lower than 20 hours. This indicator shows that the provider detects immediately interesting situations on the foreign exchange market.
- Average of pips: already considering previously
- Trades: the more the expert opens gaining trades, plus it is advantageous for you. (still is necessary it to have a sufficient capital to follow all the standpoint…)
Caution: Images below date of May 2009. Some of these providers did not confirm their performances in the duration. Others improved their performances significantly. New suppliers of signals are available It is imperative to adapt your choices of providers to the market situation.
Selection of the 5 better providers according to popularity. Weak risk
This method is the method which I used when I opened my real account on Zulu trade. It enabled me to obtain performances important (20% on average per week on a small capital).
How to proceed?
- connect on your account (real or demonstration)
- click on the mitre PARAMETERS and then click on Ajouter a signal provider
- click on users twice of continuation in such way so that the experts are classified per many users decreasing
- click on + compared to the first line
- in the window which opens, click on Ajouter a Provider Signal
- a confirmation will be to you can be required. If it is the case, click on Ajouter nevertheless
- once finished, return on the PARAMETER page and check the addition of the expert. Repeat all these stages until having to add the 5 best experts.
- return on the PARAMETER page and inform the parameters as in the image below
- notch advanced the Paramètres option
- allot 1 to all the experts in the column Lots/Trade
- allot 1 to all the experts in the column max Total Trades Ouverts. You will be able to increase to 2 some of the experts if your indicator margin cal-O-meter largely does not exceed 100%. Clear up so that your risk is close to 100%
- leave the other options (max Trades Ouverts/Devise Transfers (To reverse) Limit Stop On) by defect
Selection of the 5 better providers according to Zulurank. Weak risk
The strategy used is the strategy which Zulutrade called Zulurank proposes. Z ZuluRank, takes into account of many factors such as maturity (since how long a system was launched), the exposure (how much positions can be at the same time open) and the drawdown (how much tops and low knew the system) in order to provide you a simple tool to visualize the systems which are powerful as well as possible strategies of trading. More on the Zulurank strategy
How to proceed?
- connect on your account (real or demonstration)
- click on the PARAMèTRES mitre and then click on Ajouter a signal provider
- Zulutrade immediately proposes his own selection of providers to you sorted by set of priorities according to Zulurank.
- click on + compared to the first line
- in the window which opens, click on Ajouter a Provider Signal
- a confirmation will be to you can be required. If it is the case, click on Ajouter nevertheless
- once finished, return on the PARAMèTRE page and check the addition of the expert. Repeat all these stages until having to add the 5 best experts within the meaning of the selection Zulu Rank.
- return on the PARAMèTRE page and inform the parameters as in the image below
- notch advanced the Paramètres option
- allot 1 to all the experts in the column Lots/Trade
- allot 3 to all the experts in the column max Total Trades Ouverts. You will be able to increase to 4 or 5 some of the experts if your indicator margin cal-O-meter does not exceed 100%.
- leave the other options (max Trades Ouverts/Devise Transfers (To reverse) Limit Stop On) by defect
Selection of the 15 better providers according to popularity. Risk average
This method is that which I currently use. It with the advantage of diluting the risk i.e. if one of the 15 providers collapses, you will undergo for only one batch the fall of the provider which will quickly be compensated by the profit of the 14 others. I had a loss on my account as from the moment when 4 providers failed simultaneously. 11 others although gaining were not enough to compensate for the loss of the 4 providers. In 6 months, this situation occurred during 2 weeks.
How to proceed?
- connect on your account (real or demonstration)
- click on the mitre PARAMETERS and then click on Ajouter a signal provider
- click on users twice of continuation in such way so that the experts are classified per many users decreasing
- click on + compared to the first line
- in the window which opens, click on Ajouter a Provider Signal
- a confirmation will be to you can be required. If it is the case, click on Ajouter nevertheless
- once finished, return on the PARAMETER page and check the addition of the expert. Repeat all these stages until having to add the 15 best experts.
- return on the PARAMETER page and inform the parameters as in the image below
- notch advanced the Paramètres option
- allot 1 to all the experts in the column Lots/Trade
- allot 1 to all the experts in the column max Total Trades Ouverts. Your indicator margin cal-O-meter will exceed certainly 100%. Between the 100% and 200% risk is strong but I regard it as acceptable.
- leave the other options (max Trades Ouverts/Devise Transfers (To reverse) Limit Stop On) by defect
Selection of the 15 better providers according to Zulurank. Weak risk
I do not practise this strategy. Nevertheless, this statégie is not very risky because the Zulurank selection makes it possible to choose, in general, of the salesmen of signals at the weak risk whereas in the preceding case, i.e. in the case of the choice of the 15 best experts according to the number of users, the risk is more important. Indeed, like the experts are remunerated by the number of follower, they take sometimes enormous risks, in particular by opening several simultaneous tens of trades, to attract users. By using the strategy of the 15 better providers according to Zulu rank, your risk is weak.
How to proceed?
- connect on your account (real or demonstration)
- click on the PARAMèTRES mitre and then click on Ajouter a signal provider
- Zulutrade immediately proposes his own selection of providers to you sorted by set of priorities according to Zulurank.
- click on + compared to the first line
- in the window which opens, click on Ajouter a Provider Signal
- a confirmation will be to you can be required. If it is the case, click on Ajouter nevertheless
- once finished, return on the PARAMèTRE page and check the addition of the expert. Repeat all these stages until having to add the 15 best experts within the meaning of the selection Zulu Rank.
- return on the PARAMèTRE page and inform the parameters as in the image below
- notch advanced the Paramètres option
- allot 1 to all the experts in the column Lots/Trade
- allot 1 to all the experts in the column max Total Trades Ouverts.
- leave the other options (max Trades Ouverts/Devise Transfers (To reverse) Limit Stop On) by defect
Selection of the 15 better providers according to the max drawdown, the number of users, Profit % and Weeks. Risk average
This strategy is particularly well adapted to the small starting capital because the drawdown (maximum loss observed) are very weak.
How to proceed?
- connect on your account (real or demonstration)
- click on the PARAMèTRES mitre and then click on Ajouter a signal provider
- Zulutrade immediately proposes his own selection of providers to you sorted by set of priorities according to Zulurank. Click on max Draw down pips
- choose the experts respecting at the same time weak a drawdown (- 500pips), a number of users at least of 50, Gain % higher than 80% and weeks superiors to 4.
- click on + compared to each provider answers all the criteria (small drawdown, significant number of users, strong percentage of profit and a seniority of the system at least equal to 4 weeks)
- in the window which opens, click on Ajouter a Provider Signal
- a confirmation will be to you can be required. If it is the case, click on Ajouter nevertheless
- once finished, return on the PARAMèTRE page and check the addition of the expert. Repeat all these stages until having to add the 15 best experts within the meaning of this strategy.
- return on the PARAMèTRE page and inform the parameters as in the image below
- notch advanced the Paramètres option
- allot 1 to all the experts in the column Lots/Trade
- allot 1 to all the experts in the column max Total Trades Ouverts.
- leave the other options (max Trades Ouverts/Devise Transfers (To reverse) Limit Stop On) by defect
Leave me a message if you wish to propose to the users another strategy.
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