Most newbies get confused on which put a stop loss (SL). Or how to order stop lossnot quickly moved by the price. Often the stop loss placed the novice trader directlytouched by the market, even though they had just applied it.
A similar thing happens not only in a position to buy, but also sell position. So, how toactually put the proper stop loss?
There are some indicators that could help you to place a stop loss. One of them is theFibonacci retracement. The trick is quite simple, you just need to put them level on the Fibonacci lines accordingly, so that the market will not be able to easily touch Yourstop loss.
When the direction of the trend is already visible, You can place the corresponding SLexample above. You can place it far from the Fibonacci levels. So if the market prices, the turmoil is doing are not going up on Your SL. Although pergerakaan Fibonaccilevels and stop loss almost adjacent, but if the position that you apply fit, then your trading can certainly be saved.
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Smart closing order system works responsively (strives to closing positions with profit, no matter how large they are). The Expert Advisor has been designed for multiple trading sessions, but for a higher safety it can trade once in a session.
Smart Harmony works during London and New York sessions on GBPUSD and 15 minutes (M15) timeframe using market orders (not pending).
I will strive to upgrade the Expert Advisor to make it more profitable. An example of excellence of this Expert Advisor is the monthly growth value of 48.98% in the Automated Trading Championship 2012. This is a natural growth without fluctuations. The evidence of reliability of my Expert Advisor is demonstrated on the screenshoots.
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Smart Harmony
