The Smart Trading Apps have been re-designed to integrate more functionality into each App.
There are three Apps now available which define their respective type of position entry:
Market Entry App: Immediate position entry at market Price
Stop Entry App: Placing a Stop Entry Order for position entry
Limit Entry App: Placing a Limit Entry Order for position entry
Each App allows the user to select a number of 1 to 10 profit taking limit levels. Trailing Stop is optional in each App now with all popular trailing methods.
The Apps are entirely robust against Network failures and PC crashes and allow to continue position exit management thereafter, also over weekends.
New features include:
Risk management option of a percentage of "Discounted Balance", which takes into account the maximum risk of all open positions of the account.
Slippage compensation for StopLoss and all Limit levels configurable for Stop Entry Order and Limit Entry Order
Improved user interactivity to allow the user to manually adjust the Stop Price Level and have the App check on this to determine the more favourable Stop Price Level (the App's Stop or the User Stop).
Download the new Entry Apps from http://www.dailyfx.com/forex_forum/signal-strategy-fxcm-marketscope/606777-multiple-take-profit-position-management-fully-automated.html
Please do note that the Apps are not designed for the MarketScope backtester. Try them on a demo account for LIVE trading!
Happy Trading!
Hi, you say your Apps are not designed for the MS backtester. Does this mean they work partially or not at all no the backtester? Surely this is must-have functionality ?
AntwortenLöschenThere is full support of backtesting the Apps in the MarketScope backtester, please have a look at the latest posts from July 15 onwards. The Apps backtesting page above and the FAQ page have information about how to backtest as well.
AntwortenLöschen