Dipak Dilip Reddy
Dipak Dilip Reddy
  • Professional trader 在 self employed
  • 印度
  • 1675
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Professional trader self employed
I am a professional trader in the stock and currency markets with more than three years of experience. I use both algorithmic and manual trading strategies to optimize my performance and achieve my goals.

Risk management in trading is essential for averting the risk of bearing the losses arising from stock market trade. Some common risk management strategies for traders are:

1) Determining your risk appetite and risk-reward ratio for every trade. This means knowing how much you are willing to lose and how much you expect to gain from each trade and sticking to these limits.
2) Using stop-loss orders and take-profit orders to exit trades automatically at predetermined levels. This can help you protect your profits and cut your losses, as well as avoid emotional trading decisions.
3) Diversifying your portfolio across different instruments, sectors, and markets to reduce your exposure to specific risks. This can help you balance your overall performance and avoid putting all your eggs in one basket.
4) Avoiding overtrading and overleveraging, which can amplify your losses and deplete your capital. This means trading only when you have a clear edge and using leverage wisely and sparingly.

Following a rational trading strategy and keeping emotion out of trading decisions2. This means planning your trades in advance, following your rules, and reviewing your performance regularly.
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The provided code is an example of an Expert Advisor (EA) written in MQL5, a programming language used for creating algorithmic trading systems in MetaTrader 5. Here is a breakdown of the code: The code begins with various input parameters and settings defined using the input keyword. These parameters allow customization of the EA's behavior, such as entry lots, stop loss, take profit, and indicator parameters. Several constant values and variables are declared, including session time settings

Dipak Dilip Reddy 已发布产品

The given MQL5 code is for an Expert Advisor (EA) that implements a trading strategy using the Alligator indicator and the Standard Deviation indicator. Here's a breakdown of the code: The code defines various input parameters for the EA, including entry lots, stop loss, take profit, indicator parameters, and expert settings. The OnInit() function initializes the EA by setting some variables and validating the initialization. The OnTick() function is called on each tick of the price data and

Dipak Dilip Reddy 已发布产品

Here's a short note explaining some of its key aspects: The code starts with defining various input parameters such as entry amount, stop loss, take profit, and indicator parameters. The code includes functions and variables to manage trading positions, handle position updates, and check entry signals. The OnInit() function is called when the EA is initialized and performs necessary initialization tasks. The OnTick() function is called on each tick and checks if a new bar has formed, then calls

Dipak Dilip Reddy 已发布产品

The code is a trading robot that uses two indicators moving averages crossover and envelopes. It opens a buy or sell trade when the fast moving average crosses the slow moving average and the price is above or below the envelopes. It closes the trade when the opposite signal occurs or when the stop loss or take profit is reached. It also has some session settings to limit the trading hours and days. The code has some input parameters to adjust the trade size, stop loss, take profit, magic

Dipak Dilip Reddy 已发布产品

This strategy uses two indicators: Commodity Channel Index (CCI) and Envelopes. It opens a buy position when the CCI crosses above the lower level and closes it when the price crosses above the upper band of the Envelopes. It opens a sell position when the CCI crosses below the upper level and closes it when the price crosses below the lower band of the Envelopes. It also uses a fixed stop loss and take profit, and a trailing stop based on the previous bar’s high or low. It has some parameters

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