Sunday December 18, 2011 09:15
ZuluTrade Signal Provider Most Optimal Stop Loss Calculation Excel Worksheet!
Posted by Ryan Lee as Forex Signals
Download this ZuluTrade Signal Provider Optimal Stop Loss Calculation Excel Worksheet that has been programmed to calculate the most optimal stop loss for that signals provider. Discover the best Forex Signals!
ZuluTrade is one of the best auto trading forex platform that provides you with the opportunity to mirror trade with any forex signals provider from hundreds of signal providers listed on it. While choosing the signals providers, you get to view the detailed past performance statistics of that signals provider.
This detailed performance statistics include how many pips profit they have made, the total profit to date, the average pips per trade, the exchange rate at the time of selling each position, the win ratio, the average size of the win, average time per trade, the maximum drawdown plus how long the system has been running and how many people are subscribed to that ZuluTrade Signals Provider.
You also get to view the equity curve for each ZuluTrade Signal Provider so that you can find the best ZuluTrade Signals Provider with an upward equity curve. With these detailed performance statistics, it is upto you to decide which signals provider to auto trade with. You choose your lot size settings and that’s it. ZuluTrade platform will automatically connect your account with that of the signals provider.
In addition to the lot size settings, you can also set your own stop losses and limit profits for the each ZuluTrade Signals Provider that you choose to auto trade with. The most important thing while auto trading with these ZuluTrade Signal Provider is to use the most optimal stop loss settings.
Let’s take two examples. These are practical examples. A ZuluTrade Signal Provider makes about 5619 pips inn 871 trades when you use the stop loss setting of 20 pips. If you increase the stop loss settings to 100 pips, the signals provider makes 4430 pips. The most optimal stop loss setting for this ZuluTrade Signals Provider is 20 pips.
A ZuluTrade Signals Provider makes about 12454 pips in 1541 trades with a stop loss setting of 20 pips. If you increase the stop loss setting to 125 pips, the signals provider makes only 6610 pips. The most optimal stop loss setting for this ZuluTrade Signal Provider is 20 pips.
So by calculating the most optimal stop loss settings for a ZuluTrade Signals Provider, you are not only minimizing the risk while auto trading with that signal provider but at the same time maximizing the pips as well. The Optimum stop Loss value is calculated from these results: Total profits in pips, Total trades, Largest winning trade, Average winning trade, Total pips of losing trades, Average pips, Total pips from winning trades, percentage of winning trades, Largest losing trade, Average losing trade and finally the Losing trade percentage.
Tags: zulutrade

2 Responses to ZuluTrade Signal Provider Most Optimal Stop Loss Calculation Excel Worksheet!
qkazmi
March 24th, 2012 at 1:11 am
hay Any body !
i am interesting to getting formula or any kind of software to finding optimal take profit limit of any zulu signal providers.
i am already using “Optimal Stop Loss Finding Calculation” was bought in 27 USD
but now i want to calculate my own take profit limit , is it possible ?
Waiting for reply !
Jason T
September 26th, 2012 at 11:16 am
Hi
Yes we are coming up with th enew version where we will have the Optimum limit profit calculation also.
Another advantage in the ver 2.0 that we are releasing soon is that we are now calculating the stoploss and take profit in gaps of 5pips. before it was a 25pip gap.
So now in the ver 2.0 you will get more accurate results.
rgds
jason