Smart FX Technology Master Scalper Strategy
Between the closing of the European trading session and the beginning of the Asian session, when the price action is choppy and locked in a narrow range, the robot becomes very active, scalping small price movements, with relatively low risk.
Currency Pairs: EURCHF, EURGBP, EURCAD, EURAUD, USDJPY
Master Scalper Features
Volatility Filters: The robot knows when “not” to trade, to keep away from excessive volatility and unpredictable market conditions. We use 3 “volatility filters” to spot unusual market behavior.
News Filter: This incredible new feature makes it possible for us to trade with out concern for scheduled economic reports releases. It really is connected for the calendar from the Forex Factory which supplies excellent coverage of significant economic reports and speeches which can be expected to have an impact available. The EA reloads the calendar each and every 15 minutes to receive updated data.
The robot will block new orders from opening ahead of and right after the report times. This no-trade time could last as much as a number of hours (in the scalping method) according to the importance from the report as well as the expected volatility following the announcement. The EA determines the length with the no-trade time using its database of main reports. It anticipates the impact for each currency pair individually, blocking trading for a safe time frame, only on those currency pairs affected by each and every report. Other pairs and existing positions continue trading commonly.
This mixture of filters permits entirely “hands-free” trading in all industry conditions. So cool…
Capital Management: 100% automatic, calculated as a percentage in the balance in your trading account. As your account grows, so do the size of one’s trades, automatically.
Cease Loss orders are sent to your broker together using the opening order, stopping achievable technology failure or world-wide-web outage.
Take Profit orders are calculated dynamically and executed in True Time, to maximize prospective profit in distinct marketplace circumstances.
Finish of Session Targets: As the quiet markets from the “scalping session” come to a close along with the London market place opens, the robot will automatically modify it is Take Profit and Quit Loss targets, trying to close positions either with smaller gains or perhaps accepting a modest loss, just to acquire out from the way with the volatile European session.
Friday early-closing settings: Towards the end with the Friday session the robot stops entering new trades, trying to minimize our exposure to positions that would remain open more than the weekend.
Money Back Guarantee (Quoted stright from the SmartFX Technology website)
We stand behind our Trading Robots! If your account (Demo or Live) fails to make a profit by the end of 1 month, using default settings, we will refund your full purchase price, no questions asked, and let you keep the robot for Free!
Remember this is just information given to us from the developer. As always if you have any experience or independent information on this forex robot feel free to leave a comment below discussing.January 9th, 2012 at 11:39 pm -