THE TREND IS YOUR FRIEND… AUTOMATED
UNLOCK THE POWER OF RENKO CHARTS AND MOVING AVERAGES WITH
THE TREND BOT
Dow Jones (US30) 30th May 2024 – 1st June 2024 after PCE Index. Settings 50 MA with Renko 10 Charts. USD1,000 capital to USD5,000 profit but risking USD1,000 in a DEMO setting, catching a major trend and stacking on 10x as trend moves in desired direction. *Past performance does not indicate future result*. Losses WILL incur, that is part of trading. The above video is considered a unicorn trade.
The Trend Bot Stackomania6000
How It Works
RENKO CHARTS
A Renko chart simplifies trading by drawing bricks only when the price moves a set amount, spotlighting clear trends and cutting through market noise.
Best results are from renko charts. Traditional charts can be used as well.
MOVING AVERAGES
A moving average smooths out price data to reveal trends by calculating the average price over a specific period, a technique revered by trading legends for its ability to highlight market direction and filter out short-term fluctuations.
The Trend Bot allows you to set Fast and Slow Moving Averages.
CUT LOSSES SHORT, STACK ON WINNERS
The Trend Bot, leveraging Renko charts and moving averages, helps traders cut losses short and stack on winners mechanically removing all human emotions and focusing on execution.
Trailing Stop Losses can be used to follow trend without leaving money on the table!
WATCH THIS LIVE SESSION THE TREND BOT TRADING EXPERT ADVISOR DEMONSTRATION TO GET STARTED
FEATURES
STOP LOSS AND TRAILING STOP
For the Trend Bot, incorporating both stop loss and trailing stop functionalities is essential, safeguarding investments against potential losses while allowing for flexible profit-taking as market conditions evolve.
Risk management is the most important feature.
FAST AND SLOW MOVING AVERAGES
Optimize your trading decisions with Trend Bot’s fast and slow moving averages, providing precise market trend analysis to help you stay ahead of the curve.
Fast and Slow Moving Average can show you the larger trend. Buy Trades are only executed on FAST SMA if FAST SMA is above SLOW SMA and vice versa for Sell Trades.
TAKE PROFIT
The Trend Bot, leveraging Renko charts and moving averages, helps traders cut losses short and stack on winners mechanically removing all human emotions and focusing on execution.
Trailing Stop Losses can be used to follow trend without leaving money on the table!
STACK ON WINNERS
Easily set the Trend Bot to keep taking trades as long as price is moving in your bias direction!
Each trades will set up a trailing stop or a fixed stop based on the risk tolerance of the first trade.
Stacking Trades can result in substantial losses. For advance users only.
EASY DOUBLE CLICK TO INSTALL
Simply download The Trend Bot, and double click on the file in your “Downloads” or location where it is saved.
Your cTrader platform will automatically install the bot.
WORKS WITH ANY cTRADER COMPATIBLE BROKERS
A moving average smooths out price data to reveal trends by calculating the average price over a specific period, a technique revered by trading legends for its ability to highlight market direction and filter out short-term fluctuations.
The Trend Bot allows you to set Fast and Slow Moving Averages.
WHY USE RENKO CHARTS?
Origin in Japan:
Renko charts originated in Japan during the 18th century. The term “Renko” is derived from the Japanese word “renga,” which means bricks. These charts were initially used to track price movements in the rice markets.
Traditional Renko Charts:
Traditional Renko charts are made up of bricks, where each brick represents a fixed price movement. These bricks are either hollow or filled and are not plotted against time. Instead, they are plotted based on price changes. If the price moves by a specified amount, a new brick is added in the respective direction. If the price doesn’t move enough, no new brick is formed.
Adaptation in Modern Trading:
The Renko charting technique gained popularity in modern trading circles due to its ability to filter out noise and emphasize trends. Traders appreciated its simplicity and clarity in identifying key support and resistance levels.
Integration with Trading Strategies:
Renko charts became integrated into various trading strategies, particularly in the realm of forex, stocks, and futures trading. Traders use Renko charts alongside other technical indicators to identify trend reversals, breakouts, and potential entry and exit points.
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The Trend Bot Stackomania6000
The Trend Bot 2024