Smart Start
499 USD
Demo downloaded:
103
Published:
3 April 2022
Current version:
4.2
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Actual .set file
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Smart Start
I. Info - Information about all open trades on the account
II. Recovery
1. Recovery Mode - Select mode for splitting unprofitable trades (more orders = lower risk)
2. RDistance - Distance in points until the next order, if price moved against the original position
3. Fast start - Immediate start - Immediately start the recovery system
4. Start at % - Once negative floating DrawDown gets to a set % - the recovery system will initiate. After setting the desired % value, user has to press the “Running” button to launch the updates parameters
5. Running - Launch the parameters selected in settings 1-4
6. Stop - Stop or cancel the execution. If the recovery mode has not yet started = Stop button will cancel and reset settings 1-4. If the recovery mode already started = Stop button will cancel future order execution AFTER all the current orders have been closed.
7. Close R&L - Close recovery + locking orders
8. Close all - Close all orders
Manual for recovery system
Recovery mode explained:
The recovery system remains inactive until drawdown on the account reaches a user defined % value - as specified in the interactive panel. Likewise it will remain inactive until the “Fast Start” button is pressed. Upon the initialization of recovery mode: