FAQ’s
Find answers to the most commonly asked questions about our automated trading software.
MaxAi Trader is an Expert Advisor which runs on the MetaTrader 5 platform.
MaxAi Trader uses advanced algorithms to analyse market trends and execute trades on your behalf. It takes into account various factors such as price movements, volume, and indicators to make informed trading decisions.
Yes, MaxAi Trader is an Expert Advisor which runs on the MetaTrader 5 platform. Your broker will provide you with the download link for the MetaTrader 5 platform.
Using our automated trading software can save you time and effort by eliminating the need for manual trading and execute trades with speed and precision. Average trade execution time less than 0.8 milli seconds.
Yes, automated trading can be profitable. With the right software you can make profits. We back tested our automated trading software for 4 years and generated 400% profit.
Profit Factor > 1
A profit factor greater than 1 indicates that the strategy is profitable. For example, a profit factor of 1.5 means that for every dollar lost, 1.5 dollars are gained.
Profit Factor = 1
A profit factor of 1 means that the strategy breaks even; the gross profits are equal to the gross losses.
Profit Factor < 1
A profit factor less than 1 indicates that the strategy is unprofitable. For example, a profit factor of 0.8 means that for every dollar lost, only 0.8 dollars are gained.
Yes, you have full control and close open trades anytime. We strongly recommend to not interfere with any open trades. Let the algorithm do the job.
A 35% drawdown in trading refers to a situation where the value of a trading account decreases by 35% from its peak value. Drawdown is a measure of the decline from a historical peak in some variable (typically the net asset value of a financial portfolio). It is usually quoted as the percentage between the peak and the trough.
Our software trades the Dow Jones index during the first two minutes after the New York stock market opens.
Yes, our software priorities security and employs industry-standard encryption protocols to protect your personal and financial information. Additionally, it is designed to minimise risks and maximise potential returns.
To get started, simply sign up for an account on our platform and follow the step-by-step instructions you will receive by email. Once your account is set up, you can connect your trading account and start using MaxAi Trader.
Yes, you can test and run the MaxAi Trader on your demo account, as long as the server name and broker account number in your MaxAi account profile match.
Yes, you can use your existing broker and account to run MaxAi Trader.
It is a unique number used in automated trading to identify trades.
Broker’s account number not found message. Please update the Broker server name and Broker account number on your dashboard.
1. Equity
Equity refers to the total value of your trading account, including your balance and any unrealized profits or losses from open positions. It fluctuates in real time based on market movements.
Formula: Equity = Balance + Floating Profit/Loss.
Example: If your account balance is $5,000 and you have an open trade with a $200 profit, your equity will be $5,200.
Key Point: It shows the current value of your account if all positions were closed instantly.
2. Balance
Balance reflects the fixed value of your trading account after all closed trades and transactions. It does not account for open trades or floating profits/losses.
Example: If your account balance is $5,000 and you haven’t opened any trades, your equity and balance are the same. If you open a trade, the balance stays at $5,000 while equity changes based on the trade’s performance.
Key Point: It shows the historical value of your account before considering open trades.
In Summary
Equity is dynamic and includes the impact of open trades.
Balance is static and only reflects closed trades.
Understanding both is crucial for effective risk management and monitoring account performance.
