Lesson 6 - Trading Strategy For Black Devil v2 Dbot
Lesson 6 - Trading Strategy For Black Devil v2 Dbot
By Mr.Duke
Disclaimer !!!
The information presented in this document is intended for learning purposes only. It has been
compiled from various sources, including insights from experts, web-based information,
personal judgement, and other external references. This document is designed to provide
educational content and does not constitute financial advice.
By accessing and using this document, users acknowledge and agree to the terms of this
disclaimer.
We will use:
● Deriv Analysis tool
● Deriv smart trader
● Candlesticks
● 1 indicator
From the deriv analysis tool above, you can identify digits from 0-9
● Note that the percentage attached to each digit represents its appearance in
the past 1000 ticks
● The red bar/ mark represents the number that has least appeared in the past
said ticks
● The green bar represents the most appearing number in the past 1000 ticks.
Where are these digits generated from?
When a candlestick is forming, its ticking either upwards/ downwards generates a
random digit between 0-9. These are the digits that we trade in binary digits.
In most cases red candlesticks are bearish while green candlesticks are bullish. Note
that the colour does not matter.
Donchian Channels is a technical indicator that seeks to identify bullish and bearish
extremes that favour reversals, higher and lower breakouts, breakdowns, and other
emerging trends.
In simple terms it helps us identify our key areas(where price is likely to reverse).
This indicator has 3 lines;
● Upper resistance line
● Centerline
● Lower support line
Deriv Smart Trader
● On the last 100 ticks ensure that the most appearing digits in terms of
percentage distribution are under digits.
● Anytime digit 7,8,9 becomes the most appearing digit stop you're bot
manually.
● Make sure the least appearing digit is not on digit 7,8,9
New updates done to the Bot
● There are a number of complex conditions that the bot checks. Its entry point
is automated.
● It begins by purchasing under 9 for its very first contract
● It then changes to under 8
● Incase of a loss the bot then purchases under 7
● Remember this bot increases the stake amount on every run until it reaches a
*1.5% of your capital
● Incase of a loss, it recovers by the next run. After recovery the martingale
amount reduces as the bot continues to purchase contracts.
I recommend at least a $25 account for you to use this bot with confidence.
Risk Management
How do you manage your risk now that you have a working strategy?
`Expected profit per session should be 8-10% of your capital
Trade 3 sessions in a day
Stake should be as follows
Accounts below $20 stake 0.5
$20-$60 stake 1
$60- $100 stake 3
Above $100 stake 5
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