What kind of monetary returns can I expect?
How much time does this tool require weekly?
What kind of trading skills are required?
Is this software legal to use in trading?
Which assets can the software be used with?
How much support do I get with the software?
Is Kraitos a “set and forget” forex trading software?
When was the Kraitos expert advisor developed?
How long has the Kraitos strategy been tested on historical data?
How long has Kraitos been running on live accounts?
What type of trading strategy does Kraitos use?
Who is the Kraitos strategy best suited for?
What makes the Kraitos expert advisor unique?
How much time does Kraitos take to manage every week?
Which days of the week should Kraitos be active?
What is the minimum account size a person should have to use Kraitos?
Which currency pairs work best with Kraitos?
Can Kraitos run with multiple pairs?
What is the maximum number of pairs to be used with Kraitos?
Is there a best time frame for Kraitos?
Which trading sessions are the best for Kraitos?
Can Kraitos stay open and run over the weekend?
When should Kraitos be paused?
Can I control my risk using Kraitos?
How much drawdown is anticipated when using Kraitos?
What is the ideal market condition for Kraitos?
What is the worst market condition for Kraitos?
What is the minimum recommended leverage for Kraitos?
What happens if I close a managing trade?
What kind of monetary returns can I expect?
It’s impossible to state the exact returns a user will get with the software because market conditions vary. Users also wholly control the software settings, and the selections will affect trading results.
The amount of trading knowledge users have will also affect the win ratio because of a better quality trade notification being recognized.
Here’s the MyFXBook to the official Kraitos trading account. There’s no guarantee of the same returns, but it is an example of what is done with the software.
How much time does this tool require weekly?
It’s recommended that users check their accounts throughout the day. It’s easy to do on almost any media device. Users should also join the free product support group to discover how other traders use the software and learn about market conditions that could indicate turning off the software to avoid severe market volatility. Ultimately, a few hours a week will suffice to manage trades with Kraitos.
Users in the United States must also approve trade notifications sent to their accounts. This will take a little time throughout the day. Before approving a trade idea, users can glance at market conditions before approving the trade.
What kind of trading skills are required?
The software is designed to operate with minimal involvement and can be used with any level of experience in trading. Auvoria Prime suggests users take time to learn how the software works and become familiar with the fundamentals of trading. The more users understand the more profitable their trading experience will be.
Is this software legal to use in trading?
Yes, all of the Auvoria Prime software is legal to use in trading. The MAV (Manual Alert Verification) feature is for users of countries that forbid using fully automated software. However, some users prefer to use the MAV feature to give them time to check a trade idea before the software enters the trade.
Which assets can the software be used with?
Kraitos can assist trading in the forex market. The developers are constantly testing new strategies to help users succeed. This information is shared in the support groups and on the weekly insights call.
How much support do I get with the software?
Auvoria Prime believes in the importance of support and provides users with a weekly call specific to the software they use. The Kraitos Setup Course will help users set up and start using the software, and there’s always the 24/7 Live Chat and ticketing service along with a robust Help Desk.
Is Kraitos a “set and forget” forex trading software?
Kraitos is a semi-automated forex trading software that utilizes an MT5 expert advisor. It trades based on user inputs, risk appetite, and trading style. It is not a “set and forget” software, and it is essential to monitor it occasionally.
When was the Kraitos expert advisor developed?
A team of experts developed the Kraitos expert advisor over several years. The team has been developing expert advisors for the last five years, using extensive backtesting and trial and error. The software is constantly improving based on statistical probability and changing market conditions. The development date of the Kraitos expert advisor is not specified, but it is the latest and most advanced result of the developer team’s work, with the best performance to date.
How long has the Kraitos strategy been tested on historical data?
The Kraitos strategy has been tested on historical data from 2000 to the present on 27 different forex pairs. The team always started backtesting in 2000 to ensure the strategy could survive various market conditions throughout history. The testing and development of the software are ongoing, and the team is continuously monitoring the results to improve the strategy’s performance.
How long has Kraitos been running on live accounts?
The very first version of Kraitos was launched on October 23rd, 2019. Since then, 4-5 versions of the software have been released to ensure that the development team is constantly improving it. The software has been running on live accounts since its launch, and the development team has been using the feedback and results from these live accounts to improve the software.
What type of trading strategy does Kraitos use?
Kraitos uses a flexible trading strategy that can adapt to different market conditions. It can perform as both a scalper, making multiple trades quickly, or a swing trader, holding positions for extended periods. Additionally, it uses an elastic scaling method to get out of bad trades. The strategy depends on the management required for a specific trade on a currency pair.
Who is the Kraitos strategy best suited for?
The Kraitos strategy best suits individuals looking for a safe way to diversify their portfolio and avoid impossibly high returns promised by get-rich-quick schemes. It uses a “slow will grow, but fast won’t last” method, which aims for steady and consistent profits over time with semi-automated trading software. It can be a lifesaver for those who want to invest in the forex market but need more time or expertise to do it manually.
What makes the Kraitos expert advisor unique?
The Kraitos expert advisor is unique for several reasons. Firstly, the developers who created it are passionate about the tool and use it to manage their finances. This means that they have a vested interest in creating a product that works well and is reliable. Secondly, it has undergone extensive backtesting, which ensures its performance and reliability. Lastly, it can adapt to changing market conditions instead of using a fixed set of algorithms that could eventually lead to an account loss. These features make the Kraitos expert advisor stand out among other trading software.
How much time does Kraitos take to manage every week?
The amount of time required to manage Kraitos weekly varies depending on the user. Some users may add their management techniques to secure higher returns, which would require more time. For those who want to play it safe and accept lower returns, the management time required is minimal, likely at most 15 minutes per week. It’s up to the user how much involvement they want to have. Some users prefer to be more hands-on and adjust settings, and others prefer to let the software do most of the work.
Which days of the week should Kraitos be active?
Kraitos should be active on all days of the week to be consistent with the backtest results when optimized for the best performance. The software has been running for 22 years and was never turned off during testing. Kraitos is not designed to trade during news events, volatile market situations, or even higher-than-normal spreads; therefore, the user will most likely never have to turn it off. It’s designed to be running all the time to capture maximum profit opportunities.
What is the minimum account size a person should have to use Kraitos?
The minimum account size required to use Kraitos depends on the individual’s personal goals and time horizon. Based on historical data and the account’s average 5% monthly growth (past performance does not indicate future results), users should decide how much to start with to ensure they are comfortable with the 5% monthly growth. This should consider the cost of the software and, for larger traders, the cost of living if they use this tool as a primary source of income. It’s recommended to have at least a few thousand dollars to start with, which would give room for the system to generate enough profit to cover the cost of the software and also have a good buffer.
Which currency pairs work best with Kraitos?
Based on historical data, Kraitos works best with specific currency pairs when trading one pair at a time. According to backtesting results, the best pairs were: AUDCAD, GBPCAD, NZDCAD, USDCAD, GBPUSD, EURUSD, AUDUSD, and NZDUSD. However, it’s important to note that the market conditions are constantly changing, and the best pair in the past may not be the best pair in the future. It’s recommended to test the software on a demo account with different pairs to see which one works best for you.
Can Kraitos run with multiple pairs?
Yes, Kraitos is designed to automatically scan 27 forex pairs every second to ensure the user can identify the most profitable trades in real-time. This feature allows the user to stay on top of the market conditions and react quickly to any changes, increasing the chances of making a profit. However, it’s important to note that running multiple pairs simultaneously and scanning them every second may also increase the risk of loss. It’s essential to use appropriate risk management techniques and monitor the trades closely.
What is the maximum number of pairs to be used with Kraitos?
The maximum number of pairs used with Kraitos depends on the user’s risk appetite. It can range from 0 to 27 (if the currency shield is turned off). However, based on historical results, using two pairs at a time with the currency shield turned on showing the most optimal results in terms of profitability and risk management. The user needs to consider their risk tolerance and adjust the number of pairs accordingly. It’s recommended to start with fewer pairs and gradually increase as the user becomes more comfortable with the software and their risk management strategies.
Is there a best time frame for Kraitos?
The best time frame for Kraitos may vary for every forex pair. The AI server that Kraitos communicates with will decide the best entry time frame based on the strength of the signal, market conditions, and other factors. It uses a combination of short-term and medium-term time frames and is designed to adapt to real-time market conditions. The AI server will decide on the best time frame and entry point to maximize the chances of a profitable trade.
Which trading sessions are the best for Kraitos?
During the 22-year backtest on every pair, no particular trading session was problematic for the Kraitos software performance. The Asian session can have slow movements, which may slow down profitability, but at the same time, the London and New York sessions can have significant movements that Kraitos needs to make a profit. The software is designed to adapt to market conditions in real time and is not limited to specific trading sessions. It’s recommended to run it continuously to ensure that it sees all profitable trades.
Can Kraitos stay open and run over the weekend?
Absolutely.
When should Kraitos be paused?
Based on the 22-year backtest results, we have not encountered any specific market event that caused problems for Kraitos. Therefore it’s hard to determine when a market event may occur that could cause problems for the software. However, market conditions constantly change, and future market events could impact the software’s performance. Monitoring the trades closely and using appropriate risk management techniques is essential. It’s also recommended to have a plan in extreme market conditions.
Can I control my risk using Kraitos?
Yes! Absolutely!
How much drawdown is anticipated when using Kraitos?
The drawdown varies based on the 22-year test using historical data on every pair. The best-performing pair was AUDCAD, with only a 17% drawdown. The worst performing pair was EURAUD with 88% max drawdown. However, when using the eight best-performing pairs with optimized settings, the drawdown was at most 35% in 22 years.
What is the ideal market condition for Kraitos?
Kraitos is designed to adapt to different market conditions and perform well in most market conditions. However, the ideal market condition for Kraitos would be moderate volatility and a clear trend or a ranging market, as this allows the software to identify profitable trades easily. The software may not perform well in a market that is trending with very low liquidity, as it can lead to many false signals, called confirmed fake reversals, that trick the software into thinking that a reversal is happening. This could result in multiple trades on a pair, and the user must wait for an actual market reversal. In such cases, it’s recommended to use the software with caution and monitor it closely. It’s important to note that market conditions are constantly changing, and the ideal conditions for one period may not be ideal for another.
What is the worst market condition for Kraitos?
The software may not perform optimally in a market that is trending with low liquidity, as it can result in a high number of false signals known as “confirmed fake reversals” that mislead the software into thinking a reversal is imminent. This can cause the software to open multiple trades on the same pair, forcing the user to wait for a genuine market reversal. For a situation like this to occur, multiple market factors must align against the software simultaneously, such as already having a trade on a pair where the software focuses on managing it rather than finding a valid entry point. This combination of factors is rare, but it’s essential to be aware of and monitor the trades closely in case it happens.
What is the minimum recommended leverage for Kraitos?
The tests for Kraitos were performed on 1:100 and 1:200 leveraged environments. Based on this information, anywhere between 1:100 and 1:500 should be acceptable. However, it’s important to note that the higher the leverage, the higher the risk. It is recommended to use the leverage that is comfortable for the user and aligns with their risk management strategy.
What happens if I close a managing trade?
Kraitos has two types of trades that it executes, the first is the initial trade, and you can see this in the toolbox notes. When an initial trade is in drawdown, Kraitos scans for the best entry of a second trade, called a managing trade. This managing trade is typically a higher lot size, designed to get the initial trade closed and maintain profit.
Sometimes, the user may want to close the managing trade to “bag” those pips and keep the profit. If a user does this, Kraitos will continue to scan the market to put another managing trade into the market. A user must understand the mechanics of this action before closing trades designed to close out trades in drawdown while maintaining a profit. Misusing this feature could result in a loss of profits.