Hi Money Makers,
In this article i would like to share couple of information about Daily trading strategies for beginner traders and couple of free experts that would help beginner traders.
I would like to introduce our free forex trading robot "ForexRobotPRO_freerobot" will perfectly fit on beginner traders.
First i would like to explain you the trading robot for you to understand which indicators are installed on Expert Advisor and how it will manage your funds:
I used 3 oscillators in this trading robot or you can call it Expert Advisor.
We planed our trading robot based on trend indicators, trading volume indicators and indicators related to moving averages.
This 3 indicator names are
- Parabolic SAR
- Relative Strength Index (RSI)
- Stochastic Oscillator
(I will give more information about this indicators on another article)
After we adjust our trading indicators we already set up the base of our Expert Advisor or you can call it Trading Robot, all we need to setup our risk management Strategy.
You can also see on the below that our risk management will work 30/50 ratio which means if your trades goes unsuccessful with 30 points it will stop the trade automatically and if you are in the money it will collect the profit once it touches 50 points.
Smart Expert Advisor will trade according to your capital which means that if you started with 1000 USD and you made 500 USD profit , he will open bigger positions with same risk management plan which is 30 points stop loss and 50 points take profit orders.
I wish you happy days and generate lots of profit guys...
If you want to download free Expert Advisor please click the link.