Automate as much of the process as you can. Two of the Robots here are on SynergyFX and they seem remarkably similar: Recognizes different market conditions and applies different parameter inputs. We have found an intellegent way to trail the profit while still giving enough space for free movement.
It requires no experience or skill and is super easy to use. It is specifically designed for the m1 and m5 charts. The Super Profit Scalper indicator can in fact run on any currency pair or timeframe that you prefer. It is very flexible and thus can be used by those who want to scalp for frequently profitable trades and by those who prefer to use the higher timeframes for more long term trading. Just make sure that you use good money management principles and ensure that your winners are greater than your losing trades.
Also make sure that you are using a true ECN forex broker for the best possible trading conditions. The Super Profit Scalper indicator itself does a very good job of identifying highly accurate trading signals and can be used to both enter and exit the market. Very robust Scalper, solid performance. The size of your trades is calculated as a percentage of the balance in your trading account.
Choose between our default very-low-risk settings or set the Money Manager to Boost-Mode to safely and automatically increase trade lot sizes and maximize your profits. Take Profit orders are calculated dynamically and sent to the broker in Real Time, to maximize potential profit in different market conditions.
Stop Loss orders are automatically placed to protect every trade. Trailing stops are triggered automatically at the end of the scalping session. They are meant to avoid unnecessary exposure to the volatile London session. This Volatility filter is constantly connected to Stocks and Commodities markets worldwide. If inter-market volatility is excessive, the robot automatically modifies our trading strategy. This information allows our robots to make more intelligent, up-to-the-minute decisions..
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