Swing Killer Trading Expert Advisor

Swing Killer Trading Expert Advisor

Risk Management Techniques in this Smart Trading Robot
Another critical aspect of this robot is the use of risk management. The robot employs a risk percentage strategy, calculating the amount of risk it is willing to take on each trade. This ensures that the robot operates within a predefined risk tolerance level, which protects it from potentially catastrophic losses. It also doesn’t use risky strategies like martingale, grid, HFT, etc., and it can go days without taking any trades.

Moreover, this Trading Expert Advisor is a single-entry method with trade protected by a stop loss and take profit. This means that the robot enters the market once and exits once it hits its stop loss or take profit targets.

The robot also splits its risk into three entries with three different take-profit levels(same SL), which ensures that it diversifies its portfolio and reduces the risk of losing all of its investments in a single trade. Each entry has a specific percentage of the overall risk, and the robot places a pending order on each of these entries.

Furthermore, the robot uses the ATR stop-loss strategy, a popular technique among traders to limit losses. The ATR stop-loss strategy adjusts the stop loss based on the volatility of the market, ensuring that the robot is not stopped out too early or too late.

In addition, the robot uses either pips or percentage-based take-profit targets, depending on the market conditions. This flexibility allows the robot to adjust to the ever-changing market conditions and maximize profits.

Finally, the robot uses a filtering technique based on the Moving Average (MA) to catch the main trends in the market. This ensures that the robot does not place trades against the prevailing trend and reduces the risk of losses.

Swing Killer EA Conclusion
In conclusion, this smart trading robot that targets institutional levels on overbought and oversold markets is a well-thought-out and comprehensive trading solution. With its unique pending order strategy, risk management, ATR stop loss, and take profit targets, risk split entries, and filtering based on the MA, the robot is well-positioned to make profitable trades while minimizing potential losses. It’s a testament to the power of technology in the financial industry and is an excellent tool for experienced and novice traders.

Recommendations for Trading Expert Advisor
Minimum account balance of 100$.
Work best on all major pairs. (Work on any pair)
Work Best on M5 TimeFrame. (Work on all timeframes)
The Smart Trading Robot should work on VPS without interruption to reach stable results. So we recommend running this free forex robot on a reliable VPS (Reliable and Trusted FOREX VPS – MyfxVPS)
Low spreads, low commissions, and a quality execution account is also Recommended (Perfect Broker For this EA – BlackBull Markets)