{"id":2172,"date":"2019-06-24T14:47:16","date_gmt":"2019-06-24T14:47:16","guid":{"rendered":"https:\/\/www.forexcove.com\/?page_id=2172"},"modified":"2020-01-19T10:17:21","modified_gmt":"2020-01-19T10:17:21","slug":"lawn-mower-forex-algo","status":"publish","type":"page","link":"https:\/\/www.forexcove.com\/lawn-mower-forex-algo\/","title":{"rendered":"Lawn Mower Forex Algo"},"content":{"rendered":"

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The Lawn Mower Forex Robot<\/h1>\n

Most trades are eventually profitable. Hedge, hang on, and let’s make some money.<\/p>\n

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The cure for closing your positions too early; hedge your way to profit!<\/h2>\n

The existence of this robot is evidence that Forex algo developers do have a sense of humor.<\/p>\n

Casually observing any Forex chart, you cannot help thinking that for any given candle and price level, there is a high probability of turning any trade into a winning one … eventually.<\/p>\n

Most research has gone into finding the ideal trade setup, and only then<\/span> making the trade.<\/p>\n

The Lawn Mower forex robot is an enterprising antidote to this. Positions are opened in function of last candle close. Decide if a single candle triggers a buy\/sell, or if you prefer a sequence of similar candles for a more pronounced indication of potential trend.<\/p>\n

You can set individual take profit and stop loss, and also enable a candle entry inversion, which may on very slow timeframes be advantageous. You define the maximum number of simultaneous trades.<\/p>\n

By setting a very large stop loss on each position, and a much smaller take profit level, in reality, you trade towards any trend, but keep existing positions open. As price retraces, your equity increases.<\/p>\n

Works best when guided by you, to close all open positions at an opportune moment just after retracement has occured.<\/p>\n

We turned a USD20.000,- account into USD38.000,- in 30 days, not without risk, but if you have that profile, this is possible with this algo.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2″ _builder_version=”3.25.3″][et_pb_column type=”1_2″ _builder_version=”3.25.3″][et_pb_text _builder_version=”3.27.4″ custom_margin=”|||110px”]PURCHASE for ctrader suite<\/a>