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#223211 - 03/17/22 01:24 AM Strategies for automatic Forex advisors.
karlitos Offline
Junior Member
Registered: 11/25/21
Posts: 5
Trading robots can base their work on a variety of strategies. It is based on dozens of systems with which it is convenient for a trader to trade. If a person himself creates a robot, he can prescribe the most advantageous conditions that have been encountered in his practice. Thus, there are hundreds of different automatic trading assistants.

Some of the most common strategies used for trading robots are:

scalping. The strategy of high-speed transactions, the timeframe of which does not exceed half an hour. The trading robot most often builds data analysis based on the Bollinger Bands tool. For each trade, take profit and stop loss are indicated.
Martingale. The robot determines losing orders, after which it opens a double position in the same direction without a stop loss. The strategy has the maximum degree of risk, but allows the trader to make huge profits. There are robots that take into account market fluctuations in their analysis. Such systems reduce risk.
Trending. The strategy of trading robots is applied on large timeframes. The trend line is calculated using moving averages. Due to the high risk, orders are opened with small deposits. The robot makes a deal if the price of the currency pair goes up or down the trend. There are options that use a trend reversal as a signal.
Grid. Robots that use this strategy are designed specifically for a strong trend. In a flat movement, they do not bring profit. The robot forms several pending orders in both directions of possible price movement. Each transaction has a stop loss and a take profit, which guarantees its transfer to breakeven. Visually, on the chart, the trading robot forms a grid of pending orders, hence the name of the strategy. You should take into account the features of the trading platform, since not all of them support opening positions in different directions.
By 2 movings. A simple and effective strategy for any currency pairs and timeframes. The robot opens a position at the point of intersection of the moving averages, and closes it when the moving averages cross again.
All in. Risky long-term non-indicator strategy based on technical analysis. The robot determines the long-term direction of price movement, predicts a rollback and forms an order on it.
The price tags for Forex trading advisors vary depending on the profitability of their strategy. At the forex forum, traders discuss the current cost of trading robots. So, the cheapest will be assistants that work on the trend: the profit of such systems is 5-10% of the total investment. For robots trading on a flat, this value reaches 10-35%, and the price doubles. Robots that trade in two directions bring profits up to 50%, and cost three times more.
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#223212 - 03/17/22 08:23 AM Re: Strategies for automatic Forex advisors. [Re: karlitos]
nonnert Offline
Junior Member
Registered: 10/11/21
Posts: 6
Loc: FL
The effectiveness of using crypto trading bot has been proven by hundreds of examples of successful crypto traders. In my opinion, there is no point in proving the obvious and therefore I recommend simply joining a reliable napbots site and testing a trial version of the bot. At least I consider this to be one of the best deals currently available. You can always join any popular crypto exchange and evaluate the effectiveness of this software.
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