VendoBot
- Experts
- Murad Nagiev
- Version: 1.0
- Activations: 10
Our Price Action–Based Swing Trading Robot for 1‑Hour Forex Pairs
1. Price Action Strategy
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Identifies key support and resistance levels using candlestick patterns.
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Detects and confirms reversal and continuation setups (pin bars, engulfing candles, inside bars).
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Trades purely on price behavior without lagging indicators, minimizing signal delays.
2. Swing Timeframe (H1)
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Executes on the 1‑hour chart to capture moves of 20–100 pips, depending on pair volatility.
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Balances trade frequency and quality: fewer noise signals, yet enough opportunities for regular gains.
3. Risk & Money Management
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Automatically calculates lot size based on a predefined risk per trade (typically 0.5–1% of account equity).
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Places stop‑loss beyond the extreme of the trigger candle and applies a fixed or adaptive trailing‑stop to protect profits.
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Limits concurrent open positions to prevent account overexposure.
4. Multi‑Pair Support
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Trades major and cross FX pairs: EUR/USD, GBP/USD, USD/JPY, AUD/USD, EUR/GBP, etc.
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Easily expandable list of instruments to suit your volatility preferences.
5. Automated Execution
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Full integration with MT4/MT5 or cTrader platforms for order entry, modification, and exit without manual intervention.
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Logs all trades and backtest results to a local file or database for performance analysis.
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Built‑in news filter to pause trading around high‑impact economic releases.
6. Customizable Parameters
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User‑defined inputs: stop‑loss size, take‑profit level, trailing‑stop method, risk settings.
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Auto‑optimization on historical data, with optional periodic parameter updates.
7. Monitoring & Alerts
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Real‑time notifications of entries, exits, and risk metrics via email, Telegram, or in‑platform alerts.
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On‑chart visualization of decision levels for clear oversight of the robot’s actions.
Key Benefits:
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Eliminates emotional errors by adhering strictly to rules.
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Leverages pure price action for clear, timely trade signals.
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Saves time by automating analysis and order management.
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Ensures transparency with detailed logging and flexible configuration.
This swing trading robot is your reliable partner for a systematic, rules‑based approach to 1‑hour Forex trading.
