- It's a Trend follower Forex robot (No Forex indicators are involved).
- It also has an improved smart money management system that can keep the account balance secure and protect it from unbearable losses!
- It has a safe Drawdown control.
General Trading Features
As a breakout based Forex robot, Manhattan FX always sets a StopLoss for every trade to protect the account, in addition to its clever Money Management system that carefully determines trading opportunities and the suitable lot size for each of them.
Manhattan FX Trading is limited to 10 lots (1000,000 units) in the 2-License version and 5 lots (500,000 units) in the other 2 versions, this is useful for disallowing unnecessary high positions and is considered a good safety measure.
High Spread Filter
By default, Manhattan FX this built in system forces the robot to cease trading during spreads widening as during summer and before news. This can be stopped manually if not desired.
Hedge Track Trader rarely needs to be manually adjusted on market conditions changes, it can adapt to them successfully as seen in the 2015 - 2016 market conditions that could fail many other strategies but this one.
Compatible With Small Accounts
It doesn't require high starting account balance, it can adapt to any account size and start trading with reasonable risk.
Conjectural Trade Management
It determines various target profit levels according to the current market conditions, trends, and certain volatility factors to manage trades dynamically.
Cross Currency Hedge Protection
In traditional hedge strategy, you buy and sell a currency pair at the same time allowing for the winner trade to proceed and cutting off the loser one, this is how you can make profits from hedging.
This is unlike Hedge Track Trader EA which perform hedging on different currency pairs and thus harvesting more profits with an always considered protection element.
By its carefully coded logic, RayBOT trades swings close to support / resistance levels and once a position has been opened, the eagerly acting built in trade management unit starts its work.
To protect the trade, the ideal StopLoss and TakeProfit levels are then immediately calculated by the EA to be set on the broker's side, while the trade is really managed by using undisclosed StopLoss and TakeProfit which are dynamically calculated by the EA according to the running volatility level and usually limited to 65 pips on an average of just 35 pips. During periods of financial crisis, the market could be extremely volatile, in such cases, the EA sets the StopLoss at a maximum of 200 pips.
RayBOT allows winning trades to continue to their full potential to maximize gains while it early cuts losing ones. It usually closes trades on the trend strength loss or at the early beginning of a reversal.
The system is a positive risk to reward ratio dependent, achieving a success rate that could exceed 50%.
Added to being a fully automated, adaptable and customizable, a user friendly and a compatible Forex robot with all broker and account types including US based ones, Forex Trend Hunter has many other useful features the most interesting of which are:
- An integrated well developed account and money management system.
- A built-in sophisticated loss recovery system.
- Protection system against inequitable brokers trying to deceive.
- High profitability as it could exceed 300 pips in one trade.
Virtual Take Profit System
- It's a horizontal TP line used by the EA to close orders.
- This line is recalculated every time the EA starts an order series either automatically or manually.
- When the price comes close to the TP line with a preset distance defined as Tral_Start, the line color is changed to the Tral_Color and the EA is triggered to trail profits of all the series.
- Tral_Size is another preset value which limits the TP line following the price when it moves in the right direction, but when it doesn't and reverses, the series will be closed at the TP level.
Benefit EA can trade on more than just Currency Pairs, it can trade CFD ang Metals too.
It includes a multiple strategy trading system in different market conditions, so it can trade in a trend and flat markets, on pullbacks during market correction and as a scalper!
It also has a powerful protection system against balance loss that minimizes the risks!
It quietly tolerate temporary disconnection.
Why Scalp Trader PRO Wins While Other Scalpers Lose?
- Trading Frequency: It's well known that many scalpers are high frequency trading robots, and this can cause a loss of control and expose the account to high risk, Scalp Trader PRO maintains a safe and controlled trading frequency.
- Profit Lock Algorithm: Scalp Trader PRO uses this unique algorithm to prevent turning winning trades into losing ones, its composed of certain indicators and calculation to determine the most suitable times to lock in profits.
- Sophisticated Exit Technology: Some scalpers have no stop loss or too high stop loss. A prophylactic realistic Stop Loss is set by the Scalp Trader PRO but never applied before the earlier more profitable exit chances.
- Minor Slippage Problem: Many scalpers trade stop loss and take profit are very tight and this leads the system to succumb to minor slippage by the broker that slips the trades or has too high spreads turning the trades that should be profitable into losing trades, Scalp Trader PRO trade exits are high enough not to cause that problem.
- Controlled Trading Environment: Scalp Trader PRO trades only during specific volatilities, conditions and price action positions, NEVER randomly but based on precise calculations to determine entries and exits.
Once there is a potential kick in an opposing direction, the system will use its meticulous intelligent algorithm to scan and analyze it and determine if it's just a temporary move or not and signals a continuation pattern starting.
It generally trades every week, but sporadic days with no trades can exist, this is how it avoids unnecessary risk for the account.
Many trading strategies are involved in the EA, StopLoss and maximal risk is always set for every trade. An advanced Risk / Reward analyzer system precisely determines opportunities and lot sizes before opening trades.
A high spread observation system that attempts to cancels all pending orders if the spread widens is also included.
Beside that, balance defense and money management systems are also included.
No martingale, grid, averaging or arbitrage tactics are involved. Its trading frequency average is about 4-5 trades a day.
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