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Zone Recovery Bot
The Zone Recovery Bot is designed to perform risk management for open positions on leveraged accounts.
About
The Zone Recovery Bot will create price points to open, raise, lower or close positions. If the price trend moves against the position it will keep on adding orders until a level is reached where it takes its losses. Conversely, this bot will lower the position when profit levels are reached.
Supported licence & Trading types
Supported Licence
Supported Trading Types
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Advanced licence
Leverage trading
Parameters
Name
Create a unique name for your bot.
Account
Select the account on which the bot should run.
Market
Select which market this bot should run on.
Leverage
Specify the leverage for the bot.
Start Trade Amount
The amount which the bot starts to build its position.
Max Trade Amount
The maxmimum amount the bot will add to its current position.
Factor Long
When a long position amount is raised this will be the factor by which is it raised.
Zone Factor
With this value, the amount of zones used is calculated.
Factor Short
When a short position amount is raised this will be the factor by which is it raised
Last modified 1yr ago