Price action auto trade bot
PRICE ACTION Semi-auto trade bot: (SPECIALLY DEIGNED FOR USDJPY )
This is mainly an automatic pattern ,trendline and latest Support/Resistance drawing tool to ease analysis on any timeframe and currency pair .
The automated part scans the market and makes entries and exits with calculated position sizes based on change in price action.
Best auto-trade pairs: USDJPY,EURJPY
Preferred time frames 1h and above but higher time-frames are more stable with price action.
- The position sizes are based on risk percentage of trade account -and this helps the client account to expand and grow faster without incurring high risk.
- The EA employs some institutional techniques which gives it an edge in the long run.
- The system comes with additional analysis features of drawing trend lines and common chart patterns plus the most recent support and resistance levels which can be used for personal analysis
- the default risk is going to be 1% but you can change it basing on your risk appetite or in bad market conditions .
- the results per asset vary with the risk percentage but at 1% risk per trade on 1 hour timeframe ,the resluts per asset compound to averagely 10-30% per year depending on market condition. The other timeframes like daily are actualy more accurate and could give better results in the long run.