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Hello, I want to know if you are able to build a Trading Bot based off the concept below? The trading bot concept, trades in micro trades. Builds up profit over small amounts time and pips, like a high frequency training.
The time the the bot will uses to trade on is M1 (1 minute trade graphs) I also want to be able to change the stop losses percentage and the type of currency used.
(Infinite Loop)
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Buy
If the price is higher than the price brought, sell.
Else, stop losses at 6% (account size)
(Repeat from the start)
An example would be:
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Set: BTC/USD, BTC/AUD, USD/EUR
Graph speed equals M1 (1 minute trade graphs)
Account size $1000
Set trade size for BTC/USD: (20%) of account size
Set stop losses amount for BTC/USD: (6%)
Set trade size for BTC/AUD: (20%) of account size
Set stop losses amount for BTC/AUD: (6%)
Set trade size for USD/EUR: (10%) of account size
Set stop losses amount for USD/EUR: (3%)
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Start
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Buy (0.000001)BTC/USD
Is the price higher than the brought price of (0.000001)BTC/USD
If yes, Sell (0.000002)BTC/USD
(Repeat from start)
If no
Hold until price is higher than brought price (0.000001)BTC/USD but if the price falls below (6%) of the total size of trade, stop losses and sell.
(Repeat from start)
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meaning if the price falls (6%) below the price brought, stop losses and sell.