Automated 4X Strategies

Forex grad call notes from Sept 1

This lesson covered automated exit strategies using expert Advisor engines.
First we analyzed our risk tolerance and figured how many lots could be traded
at one time, used the partial Close EA after our order was placed, and set our
stops to automatically move as the currency went our way. We used a 9,3,3
stochastics set up trigger that crossed the 20 and 80 lines as our signal.
The partial Close EA can be found on the IBFX website along with their own tutorial.
By, Daniel Araujo

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