Automated Forex Trading Robot

The robot watches candles against moving averages. When price turns against the trend, it pauses new trades instead of adding more into the move. Risk tools sit around that pause: smaller lot sizes, a hedge, and an equity protector.

Alan reads candlesticks and moving averages, including the longer averages that banks and institutions are known to watch. He adds COT dataWhy COT data mattersCOT is the weekly Commitments of Traders report. It shows how large traders are positioned in the market. It gives the robot, and you, the bigger picture behind the candles.BenefitShows where large players sit, not only where price has been.Trade-offIt is weekly and published with a delay. It adds context. It is not a timing signal.♥How it feelsLess guessing, and more of the bigger picture to lean on. and macro fundamentals for the bigger picture. The robot is a hedging, scalping, high-frequency EA that follows set rules, so emotion stays out of each trade.

The gap between trades is not one fixed number. It ranges with the price of the instrument. The higher the price, the bigger the gap. The lower the price, the smaller the gap. The reason is percentages. A 10% fall on gold at $2,300 is $230. A 10% fall on gold at $5,600 is $560. A fixed gap that suits one price is far too tight, or far too wide, for the other.

You can set the robot to cut the lot size it places as drawdown increases. The deeper the account is under pressure, the smaller the new trades become, so exposure falls when it matters most.

When the trend flips, the robot pauses on its own. You choose the moving average, how many candles it waits before pausing, and how many it waits before resuming. Every one of those settings is yours to change.

The robot is not fixed to one strategy. Moving averages, pauses, lot sizes, distances, hedging and protection can be combined in a very large number of ways. You can start from a ready-made preset and adjust it to your account size and comfort with risk.

There are six or seven hedge types. They differ in when the hedge opens, for example at a drawdown level or on a moving average signal. There is also a plan for taking the hedge off again, so it is not left open with no exit.

You set a drawdown level in advance. If the account reaches it, the equity protector closes trades and can stop the robot. The line is decided while you are calm, not in the middle of a bad day.