Prometheus was the titan friend of mortals, who stole fire from the gods to give it to men, which gave them extraordinary power. For this, Zeus punished Prometheus. He chained him and every day, an eagle ate his liver, but as he was immortal, the liver grew back. Prometheus is considered the titan protector of human civilization.

In mythology, Prometheus is related to Loki of Norse mythology.

In the same way, Prometheus intends to give men a powerful tool that will allow them to redirect their lives from submission to freedom.

Prometeo is a automated investment strategywhich bases its operation on complex pieces of code that allow the algorithm to self-adjust to market conditions. Once these pieces of code have been worked separately and united into a single Expert Advisor, an investment strategy based on martingale has been applied to it, which allows a high profitability and that, in general terms, the risk taken be less than the expected benefitwhich makes it a cost-effective system if proper money management is practiced.

Regarding the risk managementPrometheus implements a lockout of those transaction cycles that may put the entire account at risk. This closure is produced by way of negative float stop loss that operates on an asset-by-asset basis that are part of the portfolio. It also implements a stop loss at the account level.If several assets are raising the negative float at the same time, an appropriate adjustment can be made so that there is no risk of bankruptcy.

The system allows you to invest in all Forex pairs with an optimal Risk/Reward expectation. Unlike other robots or expert advisors, Prometeo does not act on the basis of specific parameters for each investment asset, but uses a single set of compatible parameters for the type of market in which it works, thus ensuring that the system is in no way over-optimized. The system is adjusted at all times and smart way to the different market situations in each asset and at each moment in time.

Prometeo was designed for Forex and is also adaptable to other markets, it is developed on the MetaTrader 4 platform and later migrated to MetaTrader 5 where it was optimized by exclusive quantitative processes in our laboratories.

The result is a robot that parameterizes itself according to the market situation, risk management and money management. Or to put it more precisely, a bot that we have managed to calibrate so that it is able to find the most appropriate parameters for the current situation at any given moment, which gives it great versatility and allows it to trade successfully on any currency pair with the same calibration or preset.

At the time of launch, Prometheus has been tested for more than two years on live accounts for more than 2 years.

You can copy the Prometeo algorithm using a copytrading system, with no VPS costs, no need to manage the robot, no previous knowledge and no need to keep an eye on the chart.

Rafael Martin, the creator of Prometheusis a Spanish mathematics graduate and Master's Degree in Stock Markets and Financial Derivatives by the Universidad de Educación a Distancia (UNED), in Madrid. with more than 20 years of trading experience.

Your expertise in computer engineeringSince 2000, he has been working for an international technology company and his passion for trading has taken him on a journey through a myriad of investment strategies and trading assets, first as a trader manual and then in the field of R&D of investment algorithms.

In the 2013developed a bitcoin arbitrage robot which provided it with profits close to 10% monthly "no risk. And it exploited these kinds of inefficiencies of a fledgling market until a major exchange entered into bankruptcytaking their capital and their desire for financial freedom with them.

At 2018 and began his journey with the Forex botscombining his analytical and hard work skills.

In the newshas various prototypes in development, with Prometeo being its first product suitable for operation in real accounts.

Great Bitcoin advocateThe project is a meticulous and perfectionist project, after nearly 3 years working very hard with the staff of our quantitative optimization laboratory.

After two years of tireless lab work, testing, theoretical discussions, some frustration and resounding success with demo accounts, Prometeo started testing on real accounts in February 2021with different theoretical and operational approaches.

Rafael Martín has decided that Prometeo is ripe for showing and testing. 

Our laboratory has decided that this is an excellent product to be used by our Botvesting Community.

The intention of its creator, Rafael Martín, was that its design would solve, as far as possible, some of the problems presented by this type of martingale systems, such as:

• Excessive use of the account margin due to a high number of operations in the cycles. Prometeo seeks to keep the number of hedges as low as possibleThis allows for a contained drawdown and a greater free margin. 
• They do not allow the application of compound interest in the management of capital. GThanks to the very high hit rate that Prometheus has (over 93% of trades are successful and almost 99% close before the third martingale). Even so, Prometeo has a stop system for floats negative, so that if a cycle reaches a given negative float, Prometheus will close that cycle, take the loss and continue trading normally. This strategy allows compound interest to be applied to the investment without any problems.
• Market regime changes, affected by volatility, high impact news, flash crashes, changes in vendor spreads, trading following trends and not against them, are the main focus of Prometeo's design and operation. To protect against and benefit from these events, it has several dynamic adjustment parameters. When looking for an optimal configuration, what we do is to calibrate the values that intervene in the algorithms that produce the dynamic generation of parameters used in the operation, thus achieving a adaptive trading.
• Another common problem with this type of system is the lack of technical decision in hedging, which is usually based on a preset distance. Prometeo addresses this by opening operations only when price reversal patterns are formedThe minimum pip step, which has been generated dynamically and which is different at each instant, is also taken into account.
• Another common failure of this type of system is the correlation between the assets traded and their combined negative influence on risk. Prometeo has the performance of all the assets operating in the portfolio when it comes to adjusting the level of risk, without renouncing the benefit of trading a large number of assets.
• Avoiding over-optimization of the system is one of Prometeo's hallmarks of quality. To avoid this, all quantitative optimization techniques have been meticulously respected, reaching parameter sets that allow to "blindly" operate any asset with the same parametric configuration. Of the 19 years of historical data of the Forex assets that we have used in the optimization of the algorithm, most of them were out of sample and were successfully outperformed by Prometheus. 

The approach is clearly focused on operational safety, and as a result Prometheus is more respectful of the margin, more conservative than any other algorithm of its kindThe company does not overtrade and with more accurate operations seeks a better risk/reward ratio.

Like other martingale-like bots, Prometheus it works by opening an initial purchase or sale transaction, and then has the possibility of opening martingale-type hedges. if the market moves against the initial trade. The objective of hedging is to bring the profit-taking of open orders closer together, so that they all close on a market correction and we can profit in the overall computation.

If a given negative float is reached, Prometheus closes the affected cycle and continues with the operation.

The approach is focused on safety and the result is Prometheus is more margin friendly, more conservative than any other algorithm of its kind, does not overtrade and with more accurate trades seeks a better risk/reward ratio.

Both the decision to buy or sell is based on the following criteria which, by themselves, represent a profitable strategy based on up to 14 different parameters, including the formation of price action patterns, indicators and volatility.

For all other orders, including the opening of hedges, the closing of operating cycles or profit taking, makes the same kind of intelligent decisions with a mathematical hope in its favor. This allows Prometeo to have a much higher success rate in each operation than other systems and to use the lowest possible margin in each decision, without sacrificing profits.

The system has been optimized with history going back to 2001 (the longest history we have been able to count on), with very clear design approaches:

• That every first operation in a series is the last one.. Prometeo always looks for accurate, "sniper" entries. Not only in the first operation of each cycle, but in every coverage he has to perform.
• The algorithm must be able to adapt to different market situations.. Prometeo reacts to adverse situations, such as a flash crash or an excessive increase in volatility, always looking for key points in the price that allow for intelligent position management. Most of its parameters are dynamic and "self-adjusting".
• Do not incur in any case in over-optimization.. Prometeo uses a single set of parameters, regardless of the number of assets in the investment portfolio.
• To have a set of parameters that are stable over time.The preset we have arrived at among many thousands that could replace it at any time is calibrated to work efficiently on all currency pairs offered by the copytrading service provider: RoboForex. The preset we have arrived at among many thousands that could replace it at any time, is calibrated to be able to work efficiently on all currency pairs offered by the copytrading service provider: RoboForex. It has proven this in backtests and also on live accounts, even on Gold and Silver, although with results that are not compatible with Forex risk management. All this is possible thanks to the more than 200 optimizable parameters currently available to Prometheus.
• Stable over time long-term. We have room to force the operation and increase the risk, but we want to maintain good statistics over time and make the system attractive to anyone, with any capital. regardless of economic crises, pandemics or wars.
• That it provides very substantial returns for the risk assumed.. The fact that the history at the time of the launch of over 500 days has a maximum negative float of 1.8% does not mean that this is the maximum negative float it can assume. In fact, we can safely say that it will not be the maximum risk that the system will assume in the future.
• Avoiding high floats that jeopardize the account and for that purpose, it will use a stop loss at the level of each asset. 

Definitely NO.

What Prometheus allows is a positive mathematical expectation of the system.The profit/loss ratio of the algorithm is highly skewed towards success. That is, the statistical probability of Prometheus making an X2, X3 or X10 is greater than the probability of the investment ending in significant losses, but that possibility always exists, even if a Stop Loss mechanism is used. 

And although this is not investment advice, but merely an observation based on our own experience and knowledge, we will always advise a capital strategy beyond applying perpetual compound interest. in the hope of becoming rich.

The Holy Grail does not exist. What we can expect is to find, calculate and optimize statistically profitable investment systems that have worked in the past, proven by statistical processes of quantitative optimization and artificial intelligence, but that no one can be sure will work in the future.

And if you do not understand this risk, it is preferable that you first resolve all your doubts. The only responsible for your investments is you and only you assume the risk of using a copytrading product, so we recommend you to make your own research about what we are telling you.

You can ask any questions you may have at Our Telegram Communitywhere we have backtests, audited accounts, portfolio calculations and all the information you may need to evaluate whether you want to invest in Prometeo.

If you have understood the above and wish to be part of the investors in the Prometeo system, we show you below how to do it.