Hwasong Clouds Plus
HWASONG CLOUDS PLUS COME WITH STOPLOSS TREND LINE USING TRADER SKILL TO GAIN PROFIT FROM PRICE VOLATILITY.
IT IS A LOW PRICE EDITION OF HWASONG CLOUDS SERIES. IT CAN ONLY TRADE IN SIMPLE MODE USING PRICE TARGET AND MONEY TARGET TO STOP TRADE.
Hwasong Clouds Plus is plus version of Hwasong Clouds, Robot has a stop loss with the Trend-line Protections. In order that traders could leave the market during the pullback as desires.
Robot can use well when the trend is correct. If wrong direction of trend is provide. The last trade will hold and face huge DD. Test is with short term trend until confident then can use it.
The Robot does not use any indicator, I designed a custom indicator for its in order to have faster calculation, using the feature of indicators.
It was suitable for small zone trading. Trader is to set the 2 importance values, that is market target price and money of target profit.
The Robot would stop working when it found that a target was met.
The strategies of trading is just put the orders into the areas of last few candles. Small profit would be repeatably collected until a target was met.
This Robot is suit to the sideways market. If wrong direction was traded, the small value of none stop-loss positions would be hold until market was reversed.
If the trading target was set too large, It might cause to face with down-drawn in some periods for months. This is very risky trading.
Robot enable trader to draw 2 trand-lines, sell-stop-level and buy-stop-level. The sell-stop-level trend-line will tell Robot to get out from the market when price hit the trend-line, for all sell.
And in the opposite way, the buy-stop-level trend-line will tell Robot to get out from the maket when price hit the trend-line, for all buy.
Parameters and preset
- Input the target of market price: ( 1.2455 ) <--------mean target price, Robot use the (1) price target for selection of trade side. Robot will stop trading when it reach the (1) price target. And wait for trader to restart it.
- Input the target profit in money ($): ( 50 ) <-------mean money target, when account balance reach the (2) money target. Robot will stop trading. And wait for trader to restart it.
- Input the percent for lots calculation (%): ( 2 ) <-------mean percent lot, Robot will use the (3) percent lot for the calculating of volume. If the (3) percent lot is set to 0.0, Robot will use the (4) fixed lots as volume.
- Input the fixed lots: ( 0.01 ) <-----------------------mean fixed lot, Robot will use (4) fixed lot as volume trade when the (3) percent lots is set to 0.0.
- Input the take level in pips: ( 50 ) <--------------------mean take level, Robot will calculate the take-profit from the (5) take level and set to all orders.
- Input the margin in play (%): ( 1.0 ) <-------------mean margin level. Robot will check the (6) margin level for calculate of the totals number of orders.
- Input the number of candles for considering: ( 3 ) <---mean number of candles. Robot will pass the (7) number of candles to internal custom indicator for the return order price.
- Fixed lots will be applied when the percent of lots value is zero.
- Margin in play value will tell the Robot that how much is the non-stop-loss orders to be hold. This value is designed to control risk.
- The Hwasong Clouds Plus version will deactive the feature of trend-line, so it allows only 2 trend-lines.