Category:
- Technical analysis. Managed Locking Services.
Strategy:
"REAl lock driver" - a tool to close a losing position using a managed lock.
At the moment of launching, the system places a locking order on a losing position and then, by opening average orders in its direction, closes a part of both position and locking order when the determined profit level is reached. This operation continues until the position is completely closed. In case of a global trend reversal, a locking order becomes a position to be closed, and a former losing position, respectively, becomes a locking order. Thus, the system allows you to work in any direction and does not depend on the current trend.
The system allows you to work with any of open orders that have been opened manually or by your technical advisor.
To test the system, it is convenient to use a function of automatic opening of the first order, which will be closed using a managed lock. You can also set its size.
Keyelements:
- Time frame, setting step and lot size multiplier settings for average orders;
- Target profit setting for an order group;
- Ability to work using your own market entry strategy;
- Ability to manage orders that have already been opened;
- System of order volume calculation;
- Technical adviser is adapted to work with 4 and 5-digit quotes;
- Ability to use it in all time frames;
- Ability to use it together with all trading instruments;
- Information panel.
Risk warning: usage of the "REAl lock driver" advisor intends to have a high degree risk. Before start trading, I advise you to analyze your investment objectives in detail, your experience in the field of trading and the willingness to take risks.
