This is how Kazan optimizes profits by closing orders based on the moving average (MA) line.
Principle: When the closing price crosses the pre-set MA line, Kazan will automatically close the order. This feature is suitable for floating profit release, without setting a stop loss, while still ensuring the safety of the account and avoiding the fear of stop loss being hit.
If the closing price is below the MA: close the Buy order.
If the closing price is above the MA: close the Sell order.
This feature is more optimized than the Trailing Stop feature.
MAnum: Desired MA index, by default Kazan will set it to MA(50). Ma_method: Set the desired MA line type: Exponential (EMA), Simple (SMA), Smoothed, Linear weighted.
Press the “CLOSE BY MA” button to activate this mode.