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Mega Master

He takes a Mega Master action only when there is a set of conditions necessary to open a position and exit the transaction, this is a trading strategy for scalping. The main objective of Mega Master is to implement the same type of routine, repeatable operations at the highest possible response rate with the utmost accuracy of their execution. This saves the trader from the tedious adoption of uniform decisions, while saving his time.

The price chart shows us some obvious anomalies in the probability distribution, they are manifested, for example, in long recoilless price movements in one direction. Such movements happen when strong economic news comes out, and in the trading world these anomalies are called “tails” on the probability distribution chart.

This expert performs scalping on signal indicators, concluding deals when price rolls back from the main trend movement. The scheme for opening orders is classic when using the channel indicator - the robot opens the order when the quotes clear from the channel border by the default number of points. But work occurs within certain conditions.

The work boils down to the following actions:
  • Monitoring the price charts of financial instruments for the appearance of conditions defined by the strategy as an opportune moment to enter the market;
  • Opening a market order;
  • Waiting for the appearance of conditions indicating the need to close the position;
  • Close position.
The robot can close orders in the footsteps, take or indent from the channel frames. It is worth noting that Mega Master is a safe expert - it does not use martingale and a grid of orders.
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