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3.x
3.x
  • Welcome
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  • Trade Bots
    • Getting Started
    • General Settings
    • Trade Settings
    • Bot Charts
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      • Candlestick Patterns
        • Advance Block
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          • Belt Hold Bearish
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      • Connors RSI (CRSI)
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      • Rate Of Change Percent (Alternative) (ROC)
      • Regression Slope Cross
      • Relative Strength Index (RSI)
      • Script Indicator (C#)
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      • StochRSI
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      • Tom Demark Sequential (TD)
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      • Triple Exponential Average (TRIX)
      • Triple Exponential Moving Average (TEMA)
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      • Weighted Moving Average (WMA)
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    • Safeties
      • Stop Loss
        • Stop Loss
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        • Close position below % loss
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        • Close position above x% profit
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      • Disable Bot
        • Deactivate bot after buy
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      • Others
        • Close Before Settlement
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        • Trade On Trend Lines
      • Script
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    • Insurances
      • Fee
        • Overcome Double The Fee Costs
        • Overcome Fee Costs
      • Script
        • Script Insurance (C#)
      • Others
        • Wait after order
      • Price
        • Never Buy Higher
        • Never Sell Lower
        • Absolute Price Change
        • Percentage Price Change
      • Profit/Loss
        • Be Profitable In X Trades
        • Disable on Losses
        • Stay Profitable
      • Trend
        • Trade Only Sideways
        • Trade Only Trending
  • Custom Bots
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      • Email provider guide
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      • Troubleshooting
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      • Full screen mode
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      • Replicating the Scalper Bot in a Trade Bot
    • Trend Lines Bot
    • Zone Recovery Bot
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  • Need Help?
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Powered by GitBook
On this page
  • About
  • Supported licence & Trading types
  • Parameters
  • Name
  • Account
  • Market
  • Leverage
  • Start Trade Amount
  • Max Trade Amount
  • Factor Long
  • Zone Factor
  • Factor Short

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  1. Custom Bots

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

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

PreviousTrend Lines BotNextBacktesting & Paper Trading

Last updated 4 years ago

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