Auto Trading Bot
- Experts
- Maryna Shulzhenko
- Version: 1.2
- Updated: 3 August 2024
- Activations: 5
Introducing Auto Trading Bot: Innovative Assistant for Forex and Cryptocurrency Trading.
Auto Trading Bot is a cutting-edge new generation tool, specially created for successful Forex and cryptocurrency trading with the corresponding brokers. The bot supports most currency pairs, however, preliminary testing on a specific pair is recommended before real use. Please note that the bot is not designed for trading stocks or indices.
Main advantages of Auto Trading Bot:
- Intuitive interface: Convenient and concise control interface allows traders to easily set up and control the bot.
- Multi-currency trading: The bot supports simultaneous work on several currency pairs, providing flexibility and versatility.
- Capital management: Automatic risk adjustment allows traders to effectively control the level of risk on their accounts.
- Automatic stop loss and take profit setting: This feature protects your capital and provides a balanced approach to risk management.
- Classic Trailing Stop Loss: Helps protect profits and minimize losses when the price moves in the right direction.
Individual settings for each currency pair:
For optimal operation on different currency and cryptocurrency pairs, the parameters of stop loss, take profit and trailing are selected individually. These parameters depend on the volatility and price scale of each pair, which means that they will be different for the same currency pair in different time intervals.
Main groups of settings:
- Risk Management: Settings related to risk management in trading, including the size of the trading lot and the percentage of the deposit for opening a position.
- Control Signal: Parameters that determine the conditions for entering a trade.
- Limits for orders: Limits on the number of open orders, as well as stop loss and take profit levels.
- Trailing Orders: Trailing parameters that automatically shift the stop loss in favor of profit.
- Environment: Parameters related to the trading conditions on the Forex market.
Detailed settings:
Risk management:
- Lot: Trading lot size for each trade (fixed or automatic).
- RiskOn: Risk management activation (true/false).
- Risk: Risk percentage of the current balance or free balance.
Signal:
- Length: Length of the period for calculating the indicator's signal lines.
- BandsPeriod: Indicator period for calculating the standard deviation of the price.
- BandsDeviation: Standard deviation value.
- BarsCalc: Number of bars for calculating the signal.
- WeightedFilter: Weight coefficient for filtering signals.
Limits for orders:
- LimitOrders: Maximum number of simultaneously open orders.
- TakeProfit: Price level for setting take profit.
- StopLoss: Price level for setting stop loss.
Trailing orders (Trailing):
- TrailingStart: Price level, upon reaching which trailing stop-loss starts.
- TrailingStop: Distance in points from the current price to the stop-loss level in trailing mode.
Environment:
- BrokerFilling: Broker order filling mode.
- CommentOrder: Comment on orders for easy identification.
- Magic: Unique order identification number.
- Requotes: Allowed number of requotes when opening an order.
Conclusion:
Auto Trading Bot combines advanced technologies with a user-friendly interface and a wide range of functions for efficient and safe trading on the Forex and cryptocurrency markets. This bot will become your reliable assistant in achieving success and profit in the financial markets.