Automated Trading on Tradingview can be challenging. But with some strategies employing smart trading techniques, you can find your way to a reliable setup. There are many aspects of automated trading I've employed and studied. Those are as follows:
Trailing Take Profits: Allowing a trade to surpass the original profit target if the price continues in your...
Hello traders!
Trading on the stock exchange is much more than just making deals. This is a whole algorithm of actions, following which we consistently achieve success.
Trading does not start with the opening of a trading session. Trading starts with preparation!
Fundamental preparation - studying the laws of the market and trading rules. And daily preparation -...
Case scenario: Short Position based on a moving average crossing
Stop Loss 0.50%
Take Profit 0.50%
Trailing Stop 0.41%
Trailing Take Profit 0.41%
Using a Trailing Take Profit of 0.41% that gets activated at the Take Profit level of 0.50% results in locking in the profit with minimal risk of closing the position too soon.
A Trailing Stop used with the same...