This is a semi or full-automatic robot which is a great tool for hedging and the strategy “Never lose again”. If you think it’s hard to determine in which direction the market will go, this robot changes the direction in which the price moves so you win no matter which direction the price moves.
Highly customizable trade panel where you decide on how you want your setup to be. Drag the red lines to your desired target or enter manually. When the price moves to either of the red dashed lines, you will close in profit.
The blue line means it will begin with a buy, the gray line below is the hedge zone, when the price reaches that price it automatically calculates the needed lot size to reach your desired target at the closest red line.
I use this tool to pass FTMO Challenges with ease.
If you are trading on a prop firm like FTMO, this can be a good choice for you.
A hedging strategy that makes it win no matter which direction the price moves. As long as the price moves, it wins. The risk with this strategy is consolidation areas. So combined with some manual analysis in areas where you know the price will most likely move away, it can do amazing results.
Instruments
You can trade it on any instrument, available on your account:
Currency
Index
Cryptocurrency
Manual or Automatic
Choose if you want to tell it when to enter, and in which start direction, or do full automatic. I'm using it for instance as buy only on Nasdaq100 (us100) between hours 15:00 - 16:00 CET when New York opens and the price most likely move a lot.
Take Profit
You decide at which price you shall hit your target, both above entry, and below entry. The EA calculates needed lot sizes to reach your target approximately at your desired prices.
Drawdown Limit
You can set how much drawdown is allowed before closing the trade cycle.
Compounding
Trade volume (lot size) is based on account balance so automatically as your account grows, the trade volume increases so you benefit from compounding.
Entry
Enter directly in either buy or sell or place a pending order at the desired location.
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