Zone Recovery Bot
The Zone Recovery Bot is designed to perform risk management for open positions on leveraged accounts.
Only works with leverage accounts.
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.
Start Trade Amount This will be the minimum amount of an open position.
Max Trade Amount - This will be the maximum size of an open 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