Microbot trades support and resistance. Its core piece is a highly developed trading algorithm that has passed through an intense quantitative evaluation process.

Input Parameters

The following input parameters can be changed by the user:

Input Parameter	Description
Trade Frequency
1 Low -> 10 High	If set to low only big support and resistance will be traded. If set to high small support and resistance will be traded. The number of trades will increase the closer the value is set to 10.
Fixed Lot Size
Lotsize	Chose the lotsize to trade.
Money Management
Use Moneymanagement	Set to true if Moneymanagement shall be used. Fixed Lotsize is ignored if set to true.
Risk for Buy orders (in percent)	If the order is closed at the initial stop loss, the loss will be the chosen amount in percent of the balance for buy orders.
Risk for Sell orders (in percent)	If the order is closed at the initial stop loss, the loss will be the chosen amount in percent of the balance for sell orders.
Spread Filter
Max spread in points	If the current spread equals or exceeds the chosen value no new orders are placed and the broker gets the signal to delete pending orders.
Trade in Direction of Orderflow Only
Use orderflow filter	If set to true orders will be only executed if their direction matches current order flow.
Trade in Chose Direction Only
Trade Buy	True: Buy orders will be traded. False: No buy orders will be traded.
Trade Sell	True: Sell orders will be traded. False: No Sell orders will be traded.
Set Stops
Stop Loss Buy in pips	Chose the initial distance of the stop loss for buy orders to the market entry price. If set to 0 no stop loss is used.
Stop Loss Sell in pips	Chose the initial distance of the stop loss for sell orders to the market entry price. If set to 0 no stop loss is used.
Take Profit Buy in pips	Chose the initial distance of the take profit for buy orders to the market entry price. If set to 0 no take profit is used.
Take Profit Sell in pips	Chose the initial distance of the take profit for sell orders to the market entry price. If set to 0 no take profit is used.
Percentage Trail Stop Loss
Use trailing	Set to true if the stop loss shall be trailed.
Trailing start at X pips	Chose at how many pips profit the trailing shall start.
Distance of Stop Loss in percent of profit pips	Сhose the distance for trailing in percent of the order´s profit in pips. Trailing distance in pips = order profit in pips x chosen value in percent E.G. if the order is 10 pips in profit the stop loss will be at 5 pips profit if 50 is chosen.
Maximal distance of Stop Loss in pips	The distance between the order´s profit in pips and the trailed stop loss will not be bigger than the chosen value in pips.

Contact us

Feel free to contact us if you

• like to get further information
• want to get a free trial version of Microbot
• are interested in any kind of developing trading systems