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Stoploss Follower

2

Stoploss Follower has the function of setting stop loss value on each order dynamically. When the price moves in profitable direction, the EA will calculate and set a new stop loss value that follows the price. But when the price moves in reverse, the stop loss value still remains at the position. So when the new price touches this stop loss value, the order is closed.

Trader can set the estimate of stop loss value with Stoploss input parameter. This parameter is in pips unit, i.e when a trader sets Stoploss=500 with lots=0.01, it means they set a stop loss at 500x0.01=$5.


Pairs and Timeframes

Due to the EA's ability to modify stop loss value, Stoploss Follower can be of use for any pairs and timeframes.


Parameters

  • NumTicket. Number of orders that can be sent by this EA.
  • StopLoss. The stop loss value to be set in pips unit.
  • MagicNumber. Magic number of orders.
  • DelayMinute. Interval time betwen orders.
  • Lots. Volume value used for every sent order.
  • ALLOWTRADE. Enable/disable automatic order sending feature.
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Forex trading bot ai is an artificial intelligence-based robot with self-learning capabilities. This robot initiates its first trades based on the input parameters specified in the settings. Each trade executed by the robot is recorded in a file (memorized). The robot then analyzes all the closed trades and the conditions under which they were closed. If the overall profit of the closed trades is negative, the robot examines the parameters with which they were opened and adjusts them to improve
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5 (12)
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BITCOIN BOT Btc Bot uses the Stochastic tape Indicator and is specifically designed for trading bitcoin, however, you can trade other currency pairs also if you want.   When the tape crosses from red to green, the EA will start to buy and when it crosses from green to red the EA will start to sell.   Trades will be controlled in a martingale/grid style until it hits take profit.   The EA has a build in news filter which will stop the entering of new positions at a certain time before the news a
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Mohammad Oladi
3220
Mohammad Oladi 2018.12.01 15:36 
 

User didn't leave any comment to the rating

Matthew Todorovski
13128
Matthew Todorovski 2018.06.25 05:54 
 

1 Star (20%) = Bad

2 Stars (40%) = Undecided (still testing)

3 Stars (60%) = Okay

4 Stars (80%) = Good

5 Stars (100%) = Excellente!

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