When yous say that we ..." You can apply it on any symbol or timeframe...." there is a big difference between TP & SL at 50 and 100 on different assets.
patrickdrew #: Why is there a multiplier if there is a fixed TP and SL?
The multiplier here is part of the SuperTrend calculation, not the trade’s Take Profit or Stop Loss.
It defines how sensitive the SuperTrend line is to price volatility — a higher multiplier makes the trend smoother and signals fewer reversals, while a smaller one reacts faster.
When yous say that we ..." You can apply it on any symbol or timeframe...." there is a big difference between TP & SL at 50 and 100 on different assets.
Some = 0.5$. Others = 25$.
Do you have any sets?
You’re absolutely right — fixed TP and SL values don’t have the same monetary meaning across different assets, because pip value and volatility vary between symbols.
In this free version, the 50/100 pip setup is just a universal default for quick testing.
For real trading, I recommend optimizing the TP/SL per symbol and timeframe using the Strategy Tester — for example:
You’re absolutely right — fixed TP and SL values don’t have the same monetary meaning across different assets, because pip value and volatility vary between symbols.
In this free version, the 50/100 pip setup is just a universal default for quick testing.
For real trading, I recommend optimizing the TP/SL per symbol and timeframe using the Strategy Tester — for example:
You’re absolutely right — fixed TP and SL values don’t have the same monetary meaning across different assets, because pip value and volatility vary between symbols.
In this free version, the 50/100 pip setup is just a universal default for quick testing.
For real trading, I recommend optimizing the TP/SL per symbol and timeframe using the Strategy Tester — for example:
Thanks.
I love the simplicity.
When yous say that we ..." You can apply it on any symbol or timeframe...." there is a big difference between TP & SL at 50 and 100 on different assets.
Some = 0.5$. Others = 25$.
Do you have any sets?
Why is there a multiplier if there is a fixed TP and SL?
When yous say that we ..." You can apply it on any symbol or timeframe...." there is a big difference between TP & SL at 50 and 100 on different assets.
Some = 0.5$. Others = 25$.
Do you have any sets?
Thanks.
I love the simplicity.
Do you mean ALL Forex pairs at 50/100?
Or could you please pin your recommendations!?
Hello,
I start bot with standard setting on EURUSD. and It open as 0.02 lot.
How can I change the minimum lot as 0.01?
thanks
Hello,
I start bot with standard setting on EURUSD. and It open as 0.02 lot.
How can I change the minimum lot as 0.01?
thanks