SynapTixQuant FxSCYTHE

SynapTixQuant FxSCYTHE

Introductory price: $499

SynapTixQuant FxSCYTHE is a precision-crafted Expert Advisor specifically engineered for the Spot FX market. It draws inspiration from multi-session frameworks commonly used on advanced charting platforms like NinjaTrader 8, discreetly leveraging non-time-based bar structures that emphasize price movement over fixed time intervals. Users are encouraged to conduct their own research to identify additional pairs that align with the strategy's volatility profile.

Control Functions:

FxSCYTHE prioritizes capital preservation with a suite of sophisticated risk management features: 

1. Daily Risk Limit: Automatically halts trading if the maximum daily loss (default 6%) is reached, protecting your account from excessive drawdowns.
2. Equity-Based Risk Calculation: Choose between balance or equity-based risk to align with your trading style.
3.  Dynamic Risk Adjustment: Automatically reduces risk during drawdowns to safeguard your capital.
4. Consecutive Loss Protection: Pauses trading after a user-defined number of consecutive losses (default: 3) to prevent emotional spirals.
5. Break-Even Protection: Moves stop-loss to break-even after reaching a profit target, locking in gains.
6. Volatility-Adjusted Stops: Uses ATR (Average True Range) to dynamically adjust stop-loss levels, ensuring adaptability to market conditions.

FxSCYTHE is packed with features to optimize your trading:

1. Session Filter: Trades only during high-probability market sessions (London, New York, or Asian) to capitalize on optimal volatility.
2. TLB Strategy: Utilizes a sophisticated TLB system to identify trend reversals with precision.
3. PSAR Trailing Stops: Optional Parabolic SAR-based trailing stops for enhanced trade management.
4. News Avoidance: Automatically pauses trading around high-impact news events (e.g., FOMC, PMI, GDP) to avoid volatility spikes.
5. RSI and SMA Filters: Optional RSI and SMA filters ensure trades align with market momentum and trend conditions.
6. Enhanced Position Sizing: Precise lot size calculations based on account leverage, margin, and risk parameters for optimal trade execution

Dashboard Fields:

• TLB Bars: Number of bars used in trend logic (e.g. 3-xxx number).
• TLB Scale: Sensitivity factor for trend reversals (e.g. 1.00).
• Risk %: Current risk per trade (e.g. 2.00%).
• Period: Always displays the active chart timeframe (PERIOD_M5).
• Start Hr: Trading start hour (e.g. 7).
• End Hr: Trading end hour (e.g. 21).

Recommendations:

• Timeframe: Run on the 5-minute (M5) chart
• Symbols: Optimized for USDJPY,GBPUSD - users are encourage to research other symbols too
• Brokers: Use low-spread ECN brokers (preferably near-zero spread)