If you’re into Martingale-style trading, the Proper Bot is worth checking out. It’s designed to enhance your trading strategies with some nifty features that help you manage your risk effectively.
Key Features:
- Stop Loss: Safeguard your trades with customizable stop loss settings.
- Take Profit: Lock in your gains automatically.
- Trailing Stop Loss: Adjust your stop loss as the market moves in your favor.
All of these functions are calculated in points, making it straightforward to manage your trades.
When it comes to market entry, you have the flexibility to define your own criteria based on tick volume for any timeframe. This means you can set it up to work with different timeframes than the one the EA operates on. Plus, there’s an option to enter trades based on a 3 EMA crossover, which aligns with the timeframe of your choice. If you prefer to keep things simple, you can easily disable this feature.
Grid Trading: This is where your subsequent orders come into play. The Proper Bot maps these orders effectively to help you navigate the market.
Check out the screenshot below to see how the variables are laid out, including the grid map and the input fields for setting your high and low parameters.
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