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Plug’n’trade BR is a trading robot with a minimum number of input parameters. The robot is designed for trading on
the FORTS futures market for the Brent crude oil (BR) futures contract.

Plug’n’TRADE performs trading using unique technical indicators, which are used to perform a mathematical analysis
of the price movement. The trading robot automatically sets the optimal stop-loss and fixes the profit. Plug’n’trade runs on a thirty-minute
M30 chart. All calculations are performed at the time of the formation of a new candle.

This robot does not need to be optimized and is easy to use.

Important! For calculations, Plug’n’trade BR uses BR Splice (gluing together a BR futures contract), so for correct
First, you need to make sure that BR Splice is displayed in your “Market Overview” window. To open the window with the symbols you can use
the “Symbols” commands in the context menu of the “Market Overview” window. Here you can see all the characters available in the platform. Double-click on
the symbol’s name, you can hide or show it in the “market watch”window. Make sure that BR Splice is added.

For best results, we recommend switching to a new contract the day before the last day of the contract’s circulation. 

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Important! For calculations, Plug’n’trade BR uses BR Splice (gluing together a BR futures contract), so for correct
First, you need to make sure that BR Splice is displayed in your “Market Overview” window. To open the window with the symbols you can use
the “Symbols” commands in the context menu of the “Market Overview” window. Here you can see all the characters available in the platform. Double-click on
the symbol’s name, you can hide or show it in the “market watch”window. Make sure that BR Splice is added.

For best results, we recommend switching to a new contract the day before the last day of the contract’s circulation. 

The Plug’n’trade must be run on a valid BR contract with a thirty-minute M30 period. All calculations are performed by the robot at the moment of
formation of a new candle, so the robot must function at the moment before the formation of each new candle.

Calculations for the first morning candle are made 5 minutes before the market closes (23: 45 Moscow Time). This feature allows you to reduce slippage.

It is recommended to place the robot on the virtual server of MetaTrader, so as not to miss the moment of entry or exit, which is most critical in a transaction in
which the robot takes a profit.

  • Volume – a fixed volume (the number of traded contracts) that the robot will use if it is dynamic
    the volume is turned off. The recommended minimum volume is two contracts, since the robot fixes part of the profit, closing half of the transaction.
  • Dynamic Volume – if True, the dynamic volume is enabled, if False, it is disabled. With dynamic volume enabled
    the robot uses the specified percentage of the account balance. When the account balance increases, the traded volume automatically increases, and in the case of
    drawdowns-decreases.
  • % of balance to use – the percentage of the account balance that will be used for trading if the dynamic volume
    included.

Our Useful Features & Services

Published

28 February 2018

Updated

10 June 2020

Current Version

2.7

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