Solution for Breakout Strategy. Configured on FXCE Giga.
This EA is a Semi-auto type, where you have to manually enter the first trade.
If your entry is not a good position, this EA will help you protect that recovery hedge position to ensure profitability.
- After conducting thorough analysis and identifying a reasonable entry point, you will enter the first trade.
- Once the price reaches the distance you define for the recovery hedge trade, the EA will enter a trade with the volume set in the Order Volume configuration.
- The EA will set a target profit or automatically close all trades when a pre-set value is reached.
- The EA manages risk according to the Max Risk based on the initial Account Balance specified.
Everything is straightforward, and you can find the setup and configuration for Giga Rex Recover in the config file. Moreover, you can customize it to optimize profitability and minimize risk during the trade execution.