Trade Pro Controller's Stop-Loss Scissor/hedged position logic! March 25th, yesterday's Gold trading activity!
March 25, Day 2 of this week. This is about the TraDB Pro Controller Daemon Trigger feature's stop-order hedging logic. It ended the day with a gain of over 2% yesterday as well.
With an average daily return of 2%, it can be said that the operating status is decent. There are about four open positions, with no excessive fills, and it appears stable.
A weakness of this logic is that when it encounters a rising range, there are many fills, and at the same time the lot sizes become larger.
When signs of a trend become visible, it almost certainly takes profit, but there is no guarantee in the market. Therefore, you must always consider risk.
In some cases, you should predefine a stop that triggers when a certain percentage of the account balance or more is used for all currency settlements by the tool’s function.
For long-term stable operation, it is necessary to run based on the trader’s situational awareness, including active trading, non-trading, permissible loss settings, and release/adjustment as appropriate.
If you are interested, please try the tool.
