ASPShooter is expert advisor based trend strategy using some technical indicators . This ea is using stoploss and takeprofit for avoid high loss.
Recommendation :
Balance : $100
Pairs : major forex include XAUUSD
Risk and Reward : 1:2 or takeprofit pips is 2x from stoploss
The EA performs :
Settings :
- draw stop loss line and takeprofit line after position is open.
- Start to trails only if profit more than certain percentage of your target (optional).
- fixed lotsize. the order lotsize
- order takeprofit in pips. Pips to take per trade. The EA would only initialize takeprofit placement for order position. Set zero (0) if you want the EA to initialize takeprofit automatically for you.
- order stoploss in pips. Pips to stop per trade. The EA would only initialize stoploss placement for order position. Set zero (0) if you want the EA to initialize stop loss automatically for you.
- trailing stop in pips. Pips to move stoploss after trailing start tringger. Set zero (0) if not use trailing stop
- trailing start in pips. Pips to start trailing stoploss
- trailing step in pips. Pips to move stoploss after profit exceed trailing stop in pips
- start hour. Hour to start expert advisor
- stop hour. Hour to stop expert advisor
- magic number. Order magicnumber
- slippage order. Order slippage
