Newcomers to the forex market often experiment with new techniques and methods to generate profits a
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The Sagacious Forex Robot Trading Advisor allows you to identify an existing trend and identify an emerging trend, as well as displays an excessive trend just before the reversal and uses arrows to indicate a change in the direction of the price.
The Expert Advisor combines fundamental data and technical strategy, opens positions during the most active periods, using current and historical data to estimate future prices and finding entry and exit points based on them.
Depending on the settings, the Expert Advisor recognizes and reacts accordingly to changes in the price action, pulling up the stop loss and partially fixing the profit.
The Expert Advisor tries to translate a reversal or continuation of the trend into profit after a sideways movement, and also facilitates entry into the market and exit during high or low volatility. This is achieved by placing a pending order near a defined support or resistance level. This minimizes emotions when trading, as the stop loss, take profit, and trailing stop levels are used.
- OldPeriod = 100 – history period for data analysis, use sufficient history depth.
- NewLimit = 100-setting for the opening level, a sufficient value is required
- GridLevel = 100 – the value of the grid levels (for example 50, 80, 100, 150, 200, 250,300) – depends on the broker (80-150: the lower the value, the lower the risk)
- TakeProfit = 300-take profit for buy trades
- TakeProfit2 = 300-take profit for sales transactions
- StopLoss = 600-stop loss for buy trades
- StopLoss2 = 600-stop loss for buy trades
- TrailingStop = 50-trailing for buy trades
- TrailingStop2 = 50-trailing for sales deals
- Amount = 30 – the minimum profit value for moving the trade.
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