The biggest problem for traders is adjusting the leverage level manually.
Concerning about the volatilities it's very hard to set a meaningful leverage level.
ELiS includes 4 different component which are:
1- nATR: Normalized which is actually ATR/price to stabilize ATR's value differences when price changes are high on long term periods.
2- Standard Deviation
3- Kairi based nATR
which are scaled from 0 to 100 and takes different averages with different combinations & ratios and combines them as an index.
This index calculates an average to set the true leverage level when trading especially in Crypto and FX markets.
There are 5 risk levels of "GEARS" like on automobiles to set the max leverage for risk management.
Gear 1 - CONSERVATIVE: max leverage level can be 20 for swing traders and beginners
Gear 2 - STANDARD: max leverage level can be 25 (default) for day traders
Gear 3 - AVERAGE: max leverage level can be 33 for day traders
Gear 4 - RISKY: max leverage level can be 50 for scalpers
Gear 5 - AGRESSIVE: max leverage level can be 100 for advanced scalpers
default length for ATR, Standard Deviation and %B are all 50
When markets aren't volatile: ELiS indicateshigher leverage values to maximize profits.
When markets are volatile enough: ELiS indicates lower values to reduce risk level.
hope you all enjoy ELiS on profitable trades.
YouTube (Turkish): http://youtube.com/c/kivancozbilgic
YouTube (English): http://youtube.com/c/AlgoWorld
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