How to set trading strategies
Setting up trading strategies in the system is a comprehensive and precise process that allows users to execute automated and optimized trades. This process begins when the user enters the strategy management section of the bot or web application. The user can create a new strategy or edit an existing one. In the first step, main parameters such as strategy name, desired currency pair, and trading timeframe are determined. Then, the user selects their desired technical indicators from the available list and adjusts the parameters for each indicator. In the next stage, precise rules for entering and exiting trades are defined, which can include specific conditions such as moving average crossovers or particular RSI levels. Risk management settings are also applied at this stage, including determining trade volume, stop loss, and take profit levels. For more advanced users, there is the option to add time filters, more complex exit strategies, and even machine learning algorithms. After completing the settings, the system provides the ability to backtest the strategy on historical data so that the user can evaluate its performance and make necessary changes if needed. Once satisfactory performance is confirmed, the strategy is activated, and the system begins executing trades based on the defined rules. Additionally, tools for continuous monitoring of strategy performance and automatic optimization based on changing market conditions are provided to the user. This comprehensive approach gives users high flexibility to design and implement strategies that suit their trading style and financial goals.
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