Description
***To be used ONLY to trade USD/JPY***
777 - INTERMEDIATE - Adjustable risk cBOT is a unique BOT that utilises my personal very own trading style. Win rate ~65%.
>>Key is consistency.
>>This BOT is using the intermediate risk (3-5% risk).
>>Good for swing traders.
>>It includes a code to cut the loss.
>>Another code to scale in a second position if in profit.
>>It also identifies Tokyo and London sessions and execute trades only in London session for best results.
>>You can control all those parameters, but I recommend only changing the lot sizes as per your risk and backtesting results. I don't recommend changing other parameters for best results.
>> Calculate carefully the lot sizes for 1st and second positions in relation to your account size and backtest results before applying to live accounts.
All the best!
Summary
Key features include built-in loss-cutting mechanisms and a scaling function that adds a second position when the initial trade is profitable. The bot distinguishes between Tokyo and London trading sessions, executing trades only during the London session to optimize performance.
Users can adjust parameters, with a recommendation to modify only lot sizes based on individual risk tolerance and backtesting outcomes. Careful calculation of lot sizes for both initial and scaled positions relative to account size is advised before live deployment.
Customer reviews
5 | 75 % | |
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