Dax Smart Trader Robot is an automated trading bot designed specifically for trading the DAX index. It employs an advanced dual timeframe Exponential Moving Average (EMA) filter system to enhance signal accuracy by confirming trends through price position relative to EMA and EMA direction. The bot generates trade signals based on previous candle actions and waits for optimal market conditions before executing trades.
Key features include professional risk management tools such as dynamic volume calculation based on risk percentage, configurable stop loss and take profit levels, daily trade limits to prevent overtrading, and spread control to avoid trades during high spread periods. The robot operates within customizable trading hours, allowing users to set start and end times to focus on the most liquid market periods.
Users can adjust various parameters including volume, EMA period and timeframe, risk percentage per trade, maximum daily trades, and spread limits. The system maintains a detailed log of all operations for monitoring purposes. It is suitable for traders of all experience levels seeking a customizable and systematic approach to automated DAX trading. The bot emphasizes reducing false signals, optimizing risk management, and providing flexible configuration options.