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As you know there are many factors in play which will affect the markets. Trailing stop loss percentage That’s why Black Diamond Trader 2 includes three powerful filters which help you validate whether a signal are to be acted upon or not…

It doesn’t take rocket science to be able to make sense of what these indicators are telling you. Mql4 trailing stop If all three of them are green, you know that you are looking to place a long trade. Trailing stop loss order example If all three of them are red, you know that you are looking to place a short trade.


Sell trailing stop It’s that simple!

4. Difference between trailing stop loss and trailing stop limit Take high probability trades based on the powerful, yet extremely easy-to-use, detailed instructions that are included with Black Diamond Trader 2.

The Black Diamond Trader 2 Indicators are great. How to use a trailing stop They visually show you high-precision entry and exit points on the trading chart… however after using the indicators for a while, you might like them so much that you wish there was a way to automatically have certain trades placed for you by your computer instead of having to watch your screen for hours in fear of missing a trade or waiting to exit. Trailing stop loss comdirect That’s where the Automator comes in…

The Automator can automatically execute trades for you based on the Black Diamond Trader 2 indicators, or simply ALERT you to your pre-defined entry/exit conditions in order for the trade to be taken manually. Trailing stop loss forex ALERTS can be sent by Chart, Email, or Text Message (requires proper configuration of Metatrader or TradeStation). What is trailing stop loss Adjust the input parameters to your liking or trading style, then let it take care of the tedious process of watching the charts waiting for the exact moment to place trades.

Here’s an Example: You see a potentially profitable trading setup. Trailing stop limit vs loss Before entering the trade you determine where your entry and exits should be so you adjust the Black Diamond Trader 2 Automator/EA parameters accordingly and let the computer take that next trade for you in full hands-free automation!

Although it can be optimized the Automator is not meant to be a “set and forget” trading ‘robot’ but rather to assist in remaining disciplined before and during a trade eliminating the need for the patience it requires to wait to enter and for a trade to play out, especially on larger time-frames. How does a trailing stop work This keeps YOU in control.

The Automator can be set to not send stop loss/take profit values to the trade server in order to keep your exit points hidden from the broker until the exact moment the trade should be sent to the market!

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