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RubiconZ

The Rubicon robot is a professional Forex expert that uses Elliott Wave Theory to analyze the market and make trading decisions. Elliott wave theory allows you to interpret processes in financial markets through a system of visual models (waves) on price charts. The basis of the Rubicon bot is a complex transaction control algorithm. The program is fully automated, which allows traders to free themselves from the need to constantly monitor the market. The user has the ability to configure take profit and stop loss levels, both real and virtual.

Elliott Wave Index Analysis: Rubicon analyzes the market using Elliott Wave theory, identifying wave structures and predicting future price movements. Automated Trading: The program operates automatically using a sophisticated trade control algorithm based on Elliott Wave Theory. Following the Rules of Elliott Wave Theory: Rubicon strives to follow the basic rules of Elliott Wave Theory, such as the properties of each of the five waves and their relationships to each other.

Flexible settings for take profit and stop loss levels: The user has the ability to configure take profit and stop loss levels, both real and virtual, to manage risks and protect profits. Real take profit and stop loss levels are used to actually close a position in the market if the price reaches a certain level. This helps protect profits and minimize losses. Virtual take profit and stop loss levels, on the other hand, do not imply the actual closing of a position in the market. Instead, they are used to calculate potential profit or loss, but the position remains open until the price reaches the level specified in the virtual take profit or stop loss. This way, the user can adjust take profit and stop loss levels according to their trading strategy and risk comfort level, allowing the Rubicon bot to automatically manage Forex trades based on these parameters.

Here are the main characteristics and capabilities of the Rubicon robot:
Multi-currency support: The robot is able to work with a wide range of currency pairs, including EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY.
The Rubicon bot runs on an H1 (Hourly) chart, which means it analyzes and trades based on price information collected for each hour of the trading session. This approach is useful for trading on medium-term time intervals, where trends and patterns have sufficient time to form.

The Rubicon bot settings and parameters specified earlier will be used on the H1 chart in the same way as on other time intervals. However, given longer time frames, traders may have more time to analyze and make decisions, which may affect money management parameters, take profit and stop loss levels, and other settings.

Trading the H1 chart requires careful analysis and strategic planning, but with the right approach can provide the trader with the opportunity to make money in the Forex market.

Here is a brief description of the Rubicon bot parameters:

  • FixLot: Fixed lot size for each trade.
  • MoneyManagementOn: Enable money management.
  • MoneyManagement: Money management algorithm.
  • LotDecimal: Number of decimal places for the lot size.
  • rStopLoss: Stop loss level for real trades.
  • rTakeProfit: Take profit level for real trades.
  • vStopLoss: Stop loss level for virtual trades.
  • vTakeProfit: Take profit level for virtual trades.
  • MagicNumber: A unique identifier (magic number) to distinguish trades from other robots or trading strategies.
  • MaximumPermissibleSpread: Maximum permissible spread.
  • GridStep: Minimum step between grid orders.
  • LimitTrades: Limit on the number of simultaneously open trades.
  • Slippage: Allowable slippage.
  • tPause: Pause between initiating new trades.
  • TryOrder: Attempt to wait for an order to open when there is no signal.
  • TypeFilling: Order execution type.

These parameters allow you to customize the bot's behavior in accordance with the trading strategies and preferences of the trader.


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Experts
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Experts
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Experts
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4 (4)
Experts
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Experts
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5 (1)
Experts
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