STS MA Touch Bot is designed to help you trade a trend. It can be used for trading in the Forex market, Crypto market, Indices & Shares markets and more.
If the Moving Averages are arranged in a way indicating an uptrend (smaller above larger), the Expert Advisor will open a long position when the price draws back and touches the pre-selected Moving Averages (up to 4 MAs).
If the Moving Averages are arranged in a way indicating a downtrend (larger above smaller), the Expert Advisor will open a short position when the price returns back and touches the pre-selected Moving Averages (up to 4 MAs).
Examples:
Trade direction: Long
In this example the Moving Averages are arranged to indicate an uptrend. We load STS_MA_Touch_Bot to open long positions when the price makes correction and touches them. The Trading Robot opens 3 long positions at touch of 20 EMA, 50 EMA and 100 EMA. All positions are closed at reaching the Take-profit target.
Trade direction: Short
In this example the Moving Averages are arranged to indicate a downtrend. We load STS_MA_Touch_Bot to open short positions when the price makes correction and touches them. We can choose a bigger lot size for each larger MA. As MAs are arranged smaller-period MA below larger, this would provide the opportunity to have larger positions at better price levels, if the price touches more MAs.The Trading Robot opens 3 short positions at touch of 20 EMA, 50 EMA and 100 EMA. All positions are closed at reaching the Take-profit target.
Settings
There are 3 sections in the Settings menu of STS_MA_Touch_Bot.
✓ You choose the Moving Averages you want to use (up to 4);
✓ You pick the timeframe of the Moving Averages;
✓ You select the period of each Moving Average;
✓ You decide the volume of the position opened at each Moving Average;
✓ You choose the Take Profit level;
✓ You set the direction of the trades - long or short;
✓ You choose the type of value for the Check Spread.
