Streamline Your Trading: The Benefits of Automation

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  Today, we want to dive into a topic that's close to every trader's heart: automated trading.  vfxAlert auto trade feature analyzes market data, execute trades automatically based on predefined criteria.   Traders can set specific rules and conditions for buying or selling options, and the automated system will act accordingly. Auto trade helps traders to avoid emotional decisions that may lead to losses. It allows for trading to occur 24/7 without the need for constant monitoring by a human trader. Backtesting is an important feature of automated trading, allowing traders to test their strategies on historical data before risking real money. Let's look at how it works.  To get started, connect with a broker.  Set up signal preset and conditions for automatic trading.  Then enable Auto Trade.         Signal preset:   Choose assets:  EURUSD, USDJPY;  expiry time - 15m.   Algorithm: Adaptive Signal power: 3,4,5  Amount: no more than 1-3% of the deposit, then you can increas
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Auto Trade OTC strategy.

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To start download vfxAlert for  Windows or MacOS

Connect with a Pocket Option  

Set up signal preset: 

  •  Trading Asset: Forex OTC assets: GBPJPY OTC,  EURGBP OTC 
  •  Expiration: 15m
  •  Algorithm: Trending 
  •  Power: 3,4,5 
  •  Amount: no more than 1-3% of the deposit, then you can increase it if the market allows.

Trends predict the market's likely direction for the next 10-15 bars based on the chosen timeframe. For auto trade settings indicator values range from 0 to 10. A value of 0 represents the strongest downtrend, while 10 represents the strongest.

Trend indicators should be confirmed by at least one oscillator indicating an overbought condition when buyers can no longer move the price up or oversold, where there is almost no one in the market to sell at lower prices. Use RSI. 

Set up conditions for automatic trading: 

  1.  CALL Option: Trends >=8, RSI> 70
  2.  PUT Option: Trends <= 2, RSI< 30

Enable Auto Trade.  Remember, the auto trade opens deals only according to the conditions you set. He does not see candle patterns, does not read the news, does not analyze past trades. Always follow strict money management, periodically check the result. Pause auto trade if there are several losing trades in a row. 

 

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