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...